The Southern Company (SO)
NYSE: SO · IEX Real-Time Price · USD
77.55
+0.55 (0.71%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The Southern Company Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SO stock have an average target of 75.79, with a low estimate of 66 and a high estimate of 90. The average target predicts a decrease of -2.27% from the current stock price of 77.55.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SO stock from 14 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 4 | 4 | 6 | 6 | 6 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 12 | 12 | 14 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $74 → $71 | Hold | Maintains | $74 → $71 | -8.45% | Jun 24, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $73 → $79 | Hold | Maintains | $73 → $79 | +1.87% | May 31, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $67 → $74 | Hold | Maintains | $67 → $74 | -4.58% | May 28, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $75 → $90 | Strong Buy | Maintains | $75 → $90 | +16.05% | May 15, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $72 → $77 | Hold | Maintains | $72 → $77 | -0.71% | May 3, 2024 |
Financial Forecast
Revenue This Year
27.81B
from 25.25B
Increased by 10.13%
Revenue Next Year
28.95B
from 27.81B
Increased by 4.10%
EPS This Year
4.14
from 3.62
Increased by 14.23%
EPS Next Year
4.45
from 4.14
Increased by 7.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.0B | 35.6B | 37.2B | 38.8B | 40.5B |
| Avg | 27.8B | 28.9B | 29.8B | 31.7B | 33.0B |
| Low | 24.0B | 24.1B | 24.3B | 26.1B | 26.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.5% | 28.1% | 28.6% | 30.4% | 27.7% |
| Avg | 10.1% | 4.1% | 2.8% | 6.4% | 4.1% |
| Low | -4.8% | -13.3% | -16.1% | -12.4% | -15.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.32 | 4.78 | 5.06 | 5.11 | 5.35 |
| Avg | 4.14 | 4.45 | 4.71 | 4.94 | 5.25 |
| Low | 3.75 | 4.07 | 4.20 | 4.49 | 4.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.2% | 15.5% | 13.8% | 8.5% | 8.3% |
| Avg | 14.2% | 7.5% | 6.0% | 4.9% | 6.1% |
| Low | 3.7% | -1.6% | -5.4% | -4.8% | 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.