SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
40.94
+0.66 (1.64%)
At close: Nov 4, 2024, 4:00 PM
40.28
-0.66 (-1.61%)
After-hours: Nov 4, 2024, 7:55 PM EST
SM Energy Company Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for SM Energy Company stock have an average target of 50.69, with a low estimate of 38 and a high estimate of 60. The average target predicts an increase of 23.82% from the current stock price of 40.94.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SM stock from 13 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 3 | 3 |
| Buy | 4 | 4 | 4 | 5 | 6 | 6 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $56 → $57 | Buy | Maintains | $56 → $57 | +39.23% | Nov 1, 2024 |
| Keybanc | Keybanc | Buy Maintains $65 → $60 | Buy | Maintains | $65 → $60 | +46.56% | Oct 16, 2024 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $64 → $60 | Hold → Strong Buy | Upgrades | $64 → $60 | +46.56% | Oct 15, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $50 → $54 | Buy | Maintains | $50 → $54 | +31.90% | Oct 8, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $50 | Hold | Reiterates | $50 | +22.13% | Oct 8, 2024 |
Financial Forecast
Revenue This Year
2.80B
from 2.27B
Increased by 23.33%
Revenue Next Year
3.41B
from 2.80B
Increased by 21.91%
EPS This Year
7.19
from 6.86
Increased by 4.82%
EPS Next Year
8.34
from 7.19
Increased by 16.03%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.9B | 4.1B |
| Avg | 2.8B | 3.4B | 3.5B |
| Low | 2.4B | 3.0B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.8% | 40.0% | 19.1% |
| Avg | 23.3% | 21.9% | 2.4% |
| Low | 6.0% | 7.8% | -14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.93 | 9.74 | 13.20 | |
| Avg | 7.19 | 8.34 | 9.47 | |
| Low | 5.96 | 5.95 | 5.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.6% | 35.5% | 58.2% | |
| Avg | 4.8% | 16.0% | 13.5% | |
| Low | -13.1% | -17.3% | -30.3% |
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.