Southwest Gas Holdings, Inc. (SWX)

Southwest Gas Holdings Stock Forecast

Stock Price Forecast

The 5 analysts that cover Southwest Gas Holdings stock have a consensus rating of "Strong Buy" and an average price target of $87.4, which forecasts a 4.57% increase in the stock price over the next year. The lowest target is $75 and the highest is $99.

Price Target: $87.4 (+4.57%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$75	$87.4	$88	$99
Change	-10.27%	+4.57%	+5.29%	+18.45%

* Price targets were last updated on Jan 15, 2026.

Analyst Ratings

The average analyst rating for Southwest Gas Holdings stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	2	2	2	3	3	3
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Levine Citigroup	Citigroup	Hold → Strong Buy Upgrades $82 → $99	Hold → Strong Buy	Upgrades	$82 → $99	+18.45%	Jan 15, 2026
Gabriel Moreen Mizuho	Mizuho	Buy Initiates $91	Buy	Initiates	$91	+8.88%	Oct 29, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $82 → $88	Strong Buy	Maintains	$82 → $88	+5.29%	Sep 10, 2025
Ross Fowler B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $76 → $84	Hold → Strong Buy	Upgrades	$76 → $84	+0.50%	Aug 29, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $74 → $82	Hold → Strong Buy	Upgrades	$74 → $82	-1.89%	Jul 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.32B

Increased by 19.62%

from 1.94B

Revenue Next Year

2.43B

Increased by 4.48%

from 2.32B

EPS This Year

4.22

Decreased by -30.51%

from 6.08

EPS Next Year

5.03

Increased by 19.14%

from 4.22

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.68B	4.96B	2.53B	2.48B	1.94B	2.32B	2.43B
Revenue Growth	11.57%	34.77%	-48.90%	-2.35%	-21.61%	19.62%	4.48%
EPS	3.39	-3.10	2.13	2.76	6.08	4.22	5.03
EPS Growth	-18.12%	-	-	29.58%	120.29%	-30.51%	19.14%
Forward PE	-	-	-	-	-	19.78	16.61
No. Analysts	-	-	-	-	-	9	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	2.9B	3.0B
Avg	2.3B	2.4B
Low	1.9B	2.0B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	48.6%	29.0%
Avg	19.6%	4.5%
Low	-0.0%	-14.6%

EPS Forecast

EPS	2026	2027	2028	2029
High	4.57	5.34
Avg	4.22	5.03
Low	3.90	4.75

EPS Growth

EPS Growth	2026	2027	2028	2029
High	-24.9%	26.5%
Avg	-30.5%	19.1%
Low	-35.8%	12.5%

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.