The Southern Company (SO)
NYSE: SO · Real-Time Price · USD
91.03
+1.67 (1.87%)
At close: Oct 31, 2024, 4:00 PM
90.85
-0.18 (-0.20%)
After-hours: Oct 31, 2024, 7:50 PM EDT
The Southern Company Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for SO stock have an average target of 86.75, with a low estimate of 67 and a high estimate of 97. The average target predicts a decrease of -4.70% from the current stock price of 91.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SO stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 3 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 6 | 7 | 8 | 8 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 14 | 16 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $71 → $83 | Hold | Maintains | $71 → $83 | -8.82% | Oct 15, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $93 → $97 | Strong Buy | Maintains | $93 → $97 | +6.56% | Oct 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $78 → $82 | Hold | Maintains | $78 → $82 | -9.92% | Sep 25, 2024 |
| UBS | UBS | Hold Maintains $90 → $91 | Hold | Maintains | $90 → $91 | -0.03% | Sep 20, 2024 |
| Jefferies | Jefferies | Hold Initiates $94 | Hold | Initiates | $94 | +3.26% | Sep 19, 2024 |
Financial Forecast
Revenue This Year
27.15B
from 25.25B
Increased by 7.52%
Revenue Next Year
28.18B
from 27.15B
Increased by 3.80%
EPS This Year
4.16
from 3.62
Increased by 15.03%
EPS Next Year
4.46
from 4.16
Increased by 7.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.6B | 29.9B | 31.3B | ||
| Avg | 27.2B | 28.2B | 28.9B | ||
| Low | 24.0B | 24.1B | 24.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.1% | 10.1% | 11.0% | ||
| Avg | 7.5% | 3.8% | 2.6% | ||
| Low | -4.8% | -11.2% | -13.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.35 | 4.79 | 5.12 | ||
| Avg | 4.16 | 4.46 | 4.74 | ||
| Low | 3.92 | 4.17 | 4.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.1% | 15.0% | 15.0% | ||
| Avg | 15.0% | 7.0% | 6.3% | ||
| Low | 8.3% | 0.3% | -0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.