The Southern Company (SO)
NYSE: SO · IEX Real-Time Price · USD
73.21
-1.16 (-1.56%)
At close: Apr 26, 2024, 4:01 PM
73.51
+0.30 (0.41%)
After-hours: Apr 26, 2024, 7:51 PM EDT
The Southern Company Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SO stock have an average target of 74, with a low estimate of 66 and a high estimate of 82. The average target predicts an increase of 1.08% from the current stock price of 73.21.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 5 | 4 | 4 | 6 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 14 | 12 | 12 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $70 → $73 | Hold | Maintains | $70 → $73 | -0.29% | Apr 23, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $80 → $77 | Buy | Maintains | $80 → $77 | +5.18% | Apr 22, 2024 |
| Barclays | Barclays | Hold Maintains $65 → $66 | Hold | Maintains | $65 → $66 | -9.85% | Apr 15, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $78 → $76 | Strong Buy → Hold | Downgrades | $78 → $76 | +3.81% | Apr 4, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $73 → $76 | Strong Buy | Maintains | $73 → $76 | +3.81% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
27.82B
from 25.25B
Increased by 10.16%
Revenue Next Year
28.64B
from 27.82B
Increased by 2.94%
EPS This Year
4.13
from 3.62
Increased by 14.20%
EPS Next Year
4.45
from 4.13
Increased by 7.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 34.0B | 35.6B | 37.2B | 37.2B |
| Avg | 27.8B | 28.6B | 29.3B | 32.4B |
| Low | 23.8B | 24.1B | 24.2B | 25.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 34.5% | 28.1% | 30.0% | 26.7% |
| Avg | 10.2% | 2.9% | 2.4% | 10.4% |
| Low | -5.9% | -13.4% | -15.4% | -13.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.28 | 4.78 | 5.06 | 5.04 |
| Avg | 4.13 | 4.45 | 4.73 | 4.88 |
| Low | 3.89 | 4.17 | 4.41 | 4.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.3% | 15.6% | 13.7% | 6.6% |
| Avg | 14.2% | 7.6% | 6.2% | 3.2% |
| Low | 7.5% | 0.7% | -0.9% | -3.6% |
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.