SM Energy Company (SM)
NYSE: SM · IEX Real-Time Price · USD
44.35
+0.69 (1.58%)
Jul 2, 2024, 4:00 PM EDT - Market closed
SM Energy Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for SM Energy Company stock have an average target of 53.45, with a low estimate of 44 and a high estimate of 65. The average target predicts an increase of 20.52% from the current stock price of 44.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SM stock from 11 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 3 | 2 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $51 → $49 | Hold | Maintains | $51 → $49 | +10.48% | Jul 1, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $63 | Buy | Reiterates | $63 | +42.05% | Jun 27, 2024 |
| Truist Securities | Truist Securities | Hold Initiates $51 | Hold | Initiates | $51 | +14.99% | Jun 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $63 | Buy | Initiates | $63 | +42.05% | Jun 21, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $57 → $62 | Strong Buy | Maintains | $57 → $62 | +39.80% | May 13, 2024 |
Financial Forecast
Revenue This Year
2.61B
from 2.37B
Increased by 9.99%
Revenue Next Year
2.85B
from 2.61B
Increased by 9.04%
EPS This Year
6.67
from 6.86
Decreased by -2.83%
EPS Next Year
7.75
from 6.67
Increased by 16.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 3.2B | 2.8B |
| Avg | 2.6B | 2.8B | 2.7B |
| Low | 2.4B | 2.4B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.3% | 20.9% | -2.5% |
| Avg | 10.0% | 9.0% | -4.4% |
| Low | 0.3% | -6.9% | -9.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.55 | 9.47 | 9.75 | 8.87 |
| Avg | 6.67 | 7.75 | 7.70 | 8.70 |
| Low | 5.52 | 5.26 | 5.44 | 8.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.1% | 42.1% | 25.9% | 15.2% |
| Avg | -2.8% | 16.2% | -0.6% | 13.0% |
| Low | -19.5% | -21.1% | -29.8% | 7.5% |
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.