TXNM Energy Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for TXNM Energy stock have an average target of 47.75, with a low estimate of 46 and a high estimate of 50. The average target predicts an increase of 10.55% from the current stock price of 43.20.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$46	$47.75	$49	$50
Change	+6.49%	+10.55%	+13.44%	+15.75%

Analyst Ratings

The average analyst rating for TXNM Energy stock from 4 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	Oct '24
Strong Buy	1
Buy	2
Hold	1
Sell	0
Strong Sell	0
Total	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Reeder Wells Fargo	Wells Fargo	Buy Maintains $46 → $49	Buy	Maintains	$46 → $49	+13.44%	Oct 16, 2024
Blayne Curtis Barclays	Barclays	Buy Maintains $45 → $46	Buy	Maintains	$45 → $46	+6.49%	Oct 15, 2024
Andrew Weisel Scotiabank	Scotiabank	Hold Initiates $46	Hold	Initiates	$46	+6.49%	Oct 10, 2024
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Initiates $50	Strong Buy	Initiates	$50	+15.75%	Oct 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.16B

from 1.94B

11.59%

from 1.94B

Revenue Next Year

2.26B

from 2.16B

4.62%

from 2.16B

EPS This Year

2.76

from 1.02

171.57%

from 1.02

EPS Next Year

2.86

from 2.76

3.55%

from 2.76

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.46B	1.52B	1.78B	2.25B	1.94B	2.16B	2.26B	2.38B
Revenue Growth	1.46%	4.49%	16.87%	26.39%	-13.80%	11.59%	4.62%	5.12%
EPS	0.97	2.15	2.27	1.97	1.02	2.76	2.86	3.07
EPS Growth	-9.55%	122.14%	5.58%	-13.28%	-48.30%	171.57%	3.55%	7.26%
Forward PE	-	-	-	-	-	15.63	15.09	14.07
No. Analysts	-	-	-	-	-	12	12	11

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

Revenue Forecast

Revenue	2024	2025	2026
High	2.4B	2.5B	2.7B
Avg	2.2B	2.3B	2.4B
Low	1.8B	1.9B	2.0B

Revenue Growth

Revenue Growth	2024	2025	2026
High	22.3%	16.0%	17.6%
Avg	11.6%	4.6%	5.1%
Low	-5.0%	-10.8%	-9.9%

EPS Forecast

EPS	2024	2025	2026
High	2.90	2.99	3.21
Avg	2.76	2.86	3.07
Low	2.59	2.61	2.88

EPS Growth

EPS Growth	2024	2025	2026
High	185.2%	8.3%	12.3%
Avg	171.6%	3.6%	7.3%
Low	154.2%	-5.7%	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.