TXNM Energy, Inc. (TXNM)

TXNM Energy Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for TXNM Energy stock have an average target of 53.57, with a low estimate of 50 and a high estimate of 57. The average target predicts a decrease of -0.22% from the current stock price of 53.69.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50	$53.57	$53	$57
Change	-6.87%	-0.22%	-1.29%	+6.17%

Analyst Ratings

The average analyst rating for TXNM Energy stock from 7 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	3	4
Hold	1	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	5	5	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Blayne Curtis Barclays	Barclays	Buy Maintains $56 → $57	Buy	Maintains	$56 → $57	+6.17%	Mar 18, 2025
Anthony Crowdell Mizuho	Mizuho	Hold → Buy Upgrades $53	Hold → Buy	Upgrades	$53	-1.29%	Mar 11, 2025
Blayne Curtis Barclays	Barclays	Buy Maintains $49 → $56	Buy	Maintains	$49 → $56	+4.30%	Mar 4, 2025
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $52 → $55	Hold	Maintains	$52 → $55	+2.44%	Feb 24, 2025
Michael Lonegan Evercore ISI Group	Evercore ISI Group	Hold → Buy Upgrades $51 → $54	Hold → Buy	Upgrades	$51 → $54	+0.58%	Feb 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.26B

Increased by 14.45%

from 1.97B

Revenue Next Year

2.37B

Increased by 4.92%

from 2.26B

EPS This Year

2.84

Increased by 6.26%

from 2.67

EPS Next Year

3.08

Increased by 8.59%

from 2.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.52B	1.78B	2.25B	1.94B	1.97B	2.26B	2.37B	2.53B
Revenue Growth	4.49%	16.87%	26.39%	-13.80%	1.65%	14.45%	4.92%	7.06%
EPS	2.15	2.27	1.97	1.02	2.67	2.84	3.08	3.47
EPS Growth	122.14%	5.58%	-13.28%	-48.30%	162.37%	6.26%	8.59%	12.56%
Forward PE	-	-	-	-	-	18.92	17.43	15.48
No. Analysts	-	-	-	-	-	11	10	3

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.5B	2.6B	2.8B
Avg	2.3B	2.4B	2.5B
Low	2.0B	2.1B	2.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	25.3%	14.8%	17.2%
Avg	14.4%	4.9%	7.1%
Low	-0.1%	-7.9%	-8.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.99	3.22	3.57
Avg	2.84	3.08	3.47
Low	2.61	2.88	3.33

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	12.1%	13.6%	15.9%
Avg	6.3%	8.6%	12.6%
Low	-2.4%	1.6%	8.1%

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.