Bullish D thesis by josh_onstocks

D - Dominion Energy Inc - Utilities

Yo, is D just Dominion or did we all just collectively sleep on a solid comeback? Not gonna lie, watching this thing hang out in the 50s and low 60s for almost a year felt like watching paint dry, but suddenly we’re in the 67 zone and I’m not even mad. Look at the move from mid Feb up, that’s not just a little run, that’s a power up.

I’m calling bullish on this. My target: 77.00. Why? First, the price action. You can clown on utilities for being boring, but when they wake up, you get a wall of buyers who want safety and aren’t getting it from tech right now. Second, D’s regulatory drama seems to be quieting down finally, which is a flex for any utility. If the next earnings show even mildly improving margins, this thing’s gonna catch more FOMO, because who doesn’t love a boring profit monster in 2026?

Risks? Sure. If interest rates spike or management drops another surprise, everyone’s dumping and it’s back to the value bin. Bagholders unite. But short of a complete macro rugpull, chart’s looking way less dead than usual.

Watch for that upcoming dividend announcement. If they hike it or even hint at a bigger payout expect another leg up. Nobody’s dumping a juicy yielder when the rest of the market is having a midlife crisis.

Bullish

Open

Created May 29, 2026

Community vote

Entry Price

$67.20

Above

$77.00

Target Date

Aug 21, 2026

Karma

119 to 16960

Above target (win)Projection

Comments

May 30, 2026 · 14:06

Honestly, D’s move since mid February did wake me up a bit. Utilities usually just grind but this thing actually looks like it’s got a pulse for once. I get the price action angle though, and I don’t hate a target in the 70s if this keeps holding up. I’d just want to see there’s actually some fundamental change behind the run and not just a technical bounce, but fair call.

May 31, 2026 · 13:05

Price action’s decent, sure, but I’m not convinced that one “power up” means the story’s totally changed for D. They’re still dragging around debt and regulatory headaches even if utilities get a short term bid. I’d rather wait for a real pullback before trusting this run. Could just be another fakeout.

Jun 6, 2026 · 13:32

Not gonna lie, it’s refreshing to see D finally do something other than nap under $65. That run since February is real, but I’m still side eyeing all the debt and the headaches they’ve got with regulators. Maybe it’s a comeback, maybe just a blip. I’d want to see a couple quarters with less drama before calling $77 like it’s a gimme.

Jun 6, 2026 · 14:48

I get the excitement over that February run, but I'm still hesitant to call it a true “comeback” until we see how they handle the debt situation. Price action’s nice and all, but D’s balance sheet isn’t exactly screaming green light. Utilities can stay boring for a reason. Watching for more than just a chart bounce here.