TXNM Energy Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, TXNM Energy stock has a consensus rating of "Hold" and an average price target of $61.15. The average 1-year stock price forecast is 5.27% higher than the current stock price, while the lowest is $61 (+5.01%) and the highest is $61.25 (+5.44%).

Price Target: $61.15 (+5.27%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$61	$61.15	$61.25	$61.25
Change	+5.01%	+5.27%	+5.44%	+5.44%

* Price targets were last updated on May 4, 2026.

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	5	5	5	5	5	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $61	Hold	Maintains	$61	+5.01%	May 4, 2026

Financial Forecast

Revenue This Year

2.33B

from 2.17B

7.50%

from 2.17B

Revenue Next Year

2.51B

from 2.33B

7.96%

from 2.33B

EPS This Year

3.00

from 2.33

28.81%

from 2.33

EPS Next Year

3.30

from 3.00

9.81%

from 3.00

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.78B	2.25B	1.94B	1.97B	2.17B	2.33B
Revenue Growth	16.87%	26.39%	-13.80%	1.65%	9.86%	7.50%
Net Income	195.83M	169.53M	87.82M	242.15M	151.36M	295.79M
EPS	-	-	-	-	2.33	3.00
EPS Growth	-	-	-	-	-14.96%	28.81%
Forward PE	21.05	19.15	15.21	16.62	21.60	19.35
Dividend / Share	1.33	1.41	1.49	1.57	1.65	1.70
Dividend Growth	-	6.02%	5.67%	5.37%	4.78%	3.33%
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.3B
Avg	2.3B
Low	2.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	7.5%
Avg	7.5%
Low	7.5%

EPS Forecast

EPS	2026	2027	2028
High	3.08
Avg	3.00
Low	2.89

EPS Growth

EPS Growth	2026	2027	2028
High	32.2%
Avg	28.8%
Low	24.2%