TXNM Energy Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for TXNM Energy stock have an average target of 52, with a low estimate of 50 and a high estimate of 53. The average target predicts an increase of 10.15% from the current stock price of 47.21.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50	$52	$52	$53
Change	+5.91%	+10.15%	+10.15%	+12.26%

* Price targets were last updated on Dec 12, 2024.

Analyst Ratings

The average analyst rating for TXNM Energy stock from 5 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	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1
Buy	2	2	2	2
Hold	1	1	2	2
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	4	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Levine Citigroup	Citigroup	Hold Maintains $45 → $53	Hold	Maintains	$45 → $53	+12.26%	Dec 12, 2024
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $46 → $52	Hold	Maintains	$46 → $52	+10.15%	Dec 12, 2024
Blayne Curtis Barclays	Barclays	Buy Maintains $46 → $52	Buy	Maintains	$46 → $52	+10.15%	Nov 29, 2024
Jonathan Reeder Wells Fargo	Wells Fargo	Buy Maintains $49 → $53	Buy	Maintains	$49 → $53	+12.26%	Nov 26, 2024
Jonathan Reeder Wells Fargo	Wells Fargo	Buy Maintains $46 → $49	Buy	Maintains	$46 → $49	+3.79%	Oct 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.17B

from 1.94B

11.70%

from 1.94B

Revenue Next Year

2.26B

from 2.17B

4.52%

from 2.17B

EPS This Year

2.78

from 1.02

173.25%

from 1.02

EPS Next Year

2.84

from 2.78

2.19%

from 2.78

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	2.17B	2.26B	2.39B
Revenue Growth	1.46%	4.49%	16.87%	26.39%	-13.80%	11.70%	4.52%	5.34%
EPS	0.97	2.15	2.27	1.97	1.02	2.78	2.84	3.08
EPS Growth	-9.55%	122.14%	5.58%	-13.28%	-48.30%	173.25%	2.19%	8.33%
Forward PE	-	-	-	-	-	16.98	16.61	15.34
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	2.6B
Avg	2.2B	2.3B	2.4B
Low	1.9B	2.0B	2.1B

Revenue Growth

Revenue Growth	2024	2025	2026
High	22.4%	15.0%	16.8%
Avg	11.7%	4.5%	5.3%
Low	-2.8%	-9.1%	-8.2%

EPS Forecast

EPS	2024	2025	2026
High	2.89	2.99	3.20
Avg	2.78	2.84	3.08
Low	2.65	2.61	2.88

EPS Growth

EPS Growth	2024	2025	2026
High	183.7%	7.6%	12.7%
Avg	173.2%	2.2%	8.3%
Low	160.0%	-6.3%	1.4%

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.