TXNM Energy, Inc. (TXNM)

TXNM Energy Stock Forecast

Stock Price Forecast

The 5 analysts that cover TXNM Energy stock have a consensus rating of "Hold" and an average price target of $59.3, which forecasts a 0.82% increase in the stock price over the next year. The lowest target is $53 and the highest is $61.25.

Price Target: $59.3 (+0.82%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$53	$59.3	$61	$61.25
Change	-9.89%	+0.82%	+3.71%	+4.13%

* Price targets were last updated on Oct 27, 2025.

Analyst Ratings

The average analyst rating for TXNM Energy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	0	0	0	0	0
Buy	4	4	4	4	4	2
Hold	2	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy → Hold Downgrades $58 → $61	Strong Buy → Hold	Downgrades	$58 → $61	+4.13%	Oct 27, 2025
Ryan Levine Citigroup	Citigroup	Hold Initiates $61	Hold	Initiates	$61	+4.13%	Oct 9, 2025
Blayne Curtis Barclays	Barclays	Buy Maintains $57 → $61	Buy	Maintains	$57 → $61	+3.71%	May 21, 2025
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $55 → $60	Hold	Maintains	$55 → $60	+2.01%	May 20, 2025
Blayne Curtis Barclays	Barclays	Buy Maintains $56 → $57	Buy	Maintains	$56 → $57	-3.09%	Mar 18, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.29B

Increased by 5.56%

from 2.17B

Revenue Next Year

2.36B

Increased by 3.32%

from 2.29B

EPS This Year

3.02

Increased by 103.97%

from 1.48

EPS Next Year

3.36

Increased by 11.19%

from 3.02

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.78B	2.25B	1.94B	1.97B	2.17B	2.29B	2.36B
Revenue Growth	16.87%	26.39%	-13.80%	1.65%	9.86%	5.56%	3.32%
EPS	2.27	1.97	1.02	2.67	1.48	3.02	3.36
EPS Growth	5.58%	-13.28%	-48.30%	162.37%	-44.57%	103.97%	11.19%
Forward PE	-	-	-	-	-	19.49	17.52
No. Analysts	-	-	-	-	-	9	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	2.4B	2.5B
Avg	2.3B	2.4B
Low	2.1B	2.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.4%	10.7%
Avg	5.6%	3.3%
Low	-2.8%	-7.0%

EPS Forecast

EPS	2026	2027	2028	2029
High	3.26	3.62
Avg	3.02	3.36
Low	2.72	3.04

EPS Growth

EPS Growth	2026	2027	2028	2029
High	119.9%	20.0%
Avg	104.0%	11.2%
Low	83.6%	0.7%

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.