Sempra (SRE) Stock Forecast & Price Target

$80.81

-0.84 (-1.03%)

(As of 11/4/2024 ET)

Sempra - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
1

Buy
10

Based on 11 Wall Street analysts who have issued ratings for Sempra in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 1 has given a hold rating, and 10 have given a buy rating for SRE.

Consensus Price Target

$87.55
8.33% Upside

According to the 11 analysts' twelve-month price targets for Sempra, the average price target is $87.55. The highest price target for SRE is $98.00, while the lowest price target for SRE is $79.00. The average price target represents a forecasted upside of 8.33% from the current price of $80.81.

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SRE Analyst Ratings Over Time

Type	Current Forecast 11/6/23 to 11/5/24	1 Month Ago 10/7/23 to 10/6/24	3 Months Ago 8/8/23 to 8/7/24	1 Year Ago 11/6/22 to 11/6/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$87.55	$85.27	$82.27	$81.05
Forecasted Upside	8.33% Upside	3.24% Upside	6.49% Upside	12.76% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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SRE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SRE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Sempra Stock vs. The Competition

Type	Sempra	Utilities Companies	S&P 500
Consensus Rating Score	2.91	2.50	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	8.33% Upside	20.50% Upside	10.47% Upside
News Sentiment Rating	Neutral News See Recent SRE News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
10/24/2024	Jefferies Financial Group 2 of 5 stars	Initiated Coverage	Buy	$98.00	+14.01%
10/21/2024	BMO Capital Markets 4 of 5 stars	Boost Target	Outperform ➝ Outperform	$93.00 ➝ $96.00	+12.56%
10/1/2024	Barclays 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$87.00 ➝ $89.00	+5.66%
9/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $85.00	+2.40%
9/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$94.00	+15.78%
8/7/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$83.00 ➝ $84.00	+8.00%
Get the Latest News and Ratings for SRE and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Sempra and its competitors with MarketBeat's FREE daily newsletter.
5/29/2024	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$81.50 ➝ $79.00	+4.79%
5/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$79.00 ➝ $86.00	+10.72%
5/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$79.00 ➝ $84.00	+13.06%
3/6/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$82.00	+15.79%
12/12/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$78.00 ➝ $86.00	+16.34%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$86.00 ➝ $76.00	+12.29%
10/4/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$95.00 ➝ $89.00	+34.20%
6/23/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
6/7/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$89.00	+20.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:53 AM ET.

Should I Buy Sempra Stock? SRE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 24, 2024. Please send any questions or comments about these Sempra pros and cons to contact@marketbeat.com.

Sempra
Bull Case

Here are some ways that investors could benefit from investing in Sempra:

Recent target price increase by Barclays to $89.00 indicates positive analyst sentiment and potential upside for the stock.
Sempra's current stock price trading at $83.17, showing stability and potential for growth based on market trends.
Diverse portfolio in the utilities sector providing stability and potential for consistent returns.
Strong financial performance with a return on equity of 8.58% and a net margin of 22.31%, indicating efficient operations.
Positive average rating of "Moderate Buy" and an average target price of $85.58 from analysts, reflecting confidence in the company's future prospects.

Sempra
Bear Case

Investors should be bearish about investing in Sempra for these reasons:

Revenue decline of 9.7% in the latest quarter compared to the same period last year, signaling potential challenges in revenue growth.
Missed earnings per share estimate in the last quarter, indicating possible inconsistencies in financial performance.
Debt-to-equity ratio of 0.84, which may pose risks in terms of financial leverage and debt management.
Market volatility and regulatory uncertainties in the utilities sector could impact Sempra's operations and stock performance.
Potential impact of global economic conditions and energy market fluctuations on Sempra's revenue and profitability.

SRE Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Sempra is $87.55, with a high forecast of $98.00 and a low forecast of $79.00.
: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last year. There is currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SRE shares.
: According to analysts, Sempra's stock has a predicted upside of 8.33% based on their 12-month stock forecasts.
: Sempra has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Evercore ISI, Jefferies Financial Group, and Morgan Stanley in the past 90 days.
: Analysts like Sempra more than other "utilities" companies. The consensus rating score for Sempra is 2.91 while the average consensus rating score for "utilities" companies is 2.50. Learn more on how SRE compares to other companies.

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This page (NYSE:SRE) was last updated on 11/5/2024 by MarketBeat.com Staff

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Sempra (SRE) Stock Forecast & Price Target