Charlotte, North Carolina-based Duke Energy Corporation (DUK) operates as an energy company in the United States. With a market cap of $91.1 billion, the company operates through two segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I).

Companies worth $10 billion or more are generally described as "large-cap stocks." DUK fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regulated electric utilities industry. The company benefits from serving over 1.7 million customers in the residential, commercial, industrial, and power generation natural gas sectors.

DUK stock is trading 6.8% below its 52-week high of $125.27, achieved on Apr. 4. Shares of DUK have declined 1.6% over the past three months, underperforming the broader Nasdaq Composite’s ($NASX) 5.7% rise over the same time frame.

Moreover, DUK has lagged behind the broader market over the past year, rising 12.9%, compared to NASDAQ’s 15.3% surge. In contrast, the stock is up 8.3% year-to-date compared to NASX’s marginal rise.

The stock has traded mostly above its 200-day moving average since last year, with some fluctuations, and below its 50-day moving average since mid-May.

On May 6, DUK shares increased 1.8% following the release of its better-than-expected Q1 results. The company reported a 7.5% year-over-year increase in its revenue,, which amounted to $8.2 billion and surpassed the consensus estimates, primarily driven by higher regulated electric and natural gas sales. Additionally, its adjusted EPS rose 22.2% year-over-year to $1.76, surpassing Wall Street’s expectations by 10.7%.

Its rival, The Southern Company (SO), has grown 8.8% in 2025 and has surpassed the stock. However, SO stock has surged 11.4% over the past year, lagging behind DUK.

Analysts are moderately bullish on DUK stock’s potential. The stock has a consensus rating of “Moderate Buy” from 20 analysts covering it, and the mean price target of $129.06 suggests a premium of 10.6% to current price levels.