Notice: This company has been marked as potentially delisted and may not be actively trading. PNM Resources (PNM) Stock Forecast & Price Target Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsDividendEarningsHeadlinesOwnershipShort InterestSustainabilityTrends PNM Analyst Ratings Over TimeTypeCurrent Forecast11/18/23 to 11/17/241 Month Ago10/19/23 to 10/18/243 Months Ago8/20/23 to 8/19/241 Year Ago11/18/22 to 11/18/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy2 Buy rating(s)2 Buy rating(s)2 Buy rating(s)2 Buy rating(s)Hold2 Hold rating(s)2 Hold rating(s)3 Hold rating(s)1 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$42.50$42.50$44.20$51.08Forecasted UpsideN/A1.75% Upside5.82% Upside18.23% UpsideConsensus RatingModerate BuyModerate BuyHoldModerate Buy Why buying gold might be a mistake (Ad)Something strange just happened with gold. With the recent Fed rate cut… My charts are showing a breakout signal I haven't seen in years. But for now, I'm not rushing to buy gold. In fact, I'm telling everyone I know to hold off. Because I believe there’s a far better way to play this upcoming surge. It's a method that could turn a 1% gold price change into gains like 59%, 118%, or even 228%. And it doesn't involve buying a single ounce of physical gold or even buying any regular gold stock. I've been trading gold for nearly 20 years now and this is my #1 recommended approach for trading gold right now. Most traders miss them completely… But for those who know how to spot them, it takes their trades to a whole new level.If you're interested, check out the recording here while the link's still up. PNM Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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.Skip Chart & View Analyst Rating History PNM Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table PNM Resources Stock vs. The CompetitionTypePNM ResourcesUtilities CompaniesS&P 500Consensus Rating Score 2.50 2.50 2.50Consensus RatingModerate BuyModerate BuyModerate BuyPredicted UpsideN/A21.73% Upside9.87% UpsideNews Sentiment RatingNeutral NewsSee Recent PNM NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails8/1/2024Wells Fargo & Company3 of 5 stars Boost TargetOverweight ➝ Overweight$41.00 ➝ $46.00+10.18%7/22/2024Barclays3 of 5 stars Boost TargetOverweight ➝ Overweight$43.00 ➝ $45.00+13.15%5/30/2024Evercore ISI2 of 5 starsM. LoneganSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageIn-Line$38.00+3.88%1/3/2024MizuhoSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Neutral$41.00+4.83%9/18/2023CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingNeutral ➝ Neutral$51.00+16.81%5/16/2023Siebert Williams ShankSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$53.00 ➝ $55.00+20.96%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:36 AM ET. PNM Forecast - Frequently Asked Questions What is PNM Resources' forecast for 2025? According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for PNM Resources is $42.50, with a high forecast of $46.00 and a low forecast of $38.00. Should I buy or sell PNM Resources stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PNM Resources in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PNM shares. Does PNM Resources's stock price have much upside? According to analysts, PNM Resources's stock has a predicted upside of ∞ based on their 12-month stock forecasts. Do Wall Street analysts like PNM Resources more than its competitors? Analysts like PNM Resources less than other "utilities" companies. The consensus rating score for PNM Resources is 2.50 while the average consensus rating score for "utilities" companies is 2.50. Learn more on how PNM compares to other companies. Stock Forecasts and Research Tools Related Companies PNW Stock Forecast OGE Stock Forecast IDA Stock Forecast POR Stock Forecast ALE Stock Forecast OTTR Stock Forecast MGEE Stock Forecast HE Stock Forecast ARRY Stock Forecast NEE Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top Rated Stocks Top Rated Stocks Top Rated Dividend Stocks Top Rated Small-Cap Stocks Top Rated Tech Stocks Most Upgraded Stocks Most Downgraded Stocks Lowest Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Why buying gold might be a mistake (Ad)Something strange just happened with gold. With the recent Fed rate cut… My charts are showing a breakout signal I haven't seen in years. But for now, I'm not rushing to buy gold. In fact, I'm telling everyone I know to hold off. Because I believe there’s a far better way to play this upcoming surge. It's a method that could turn a 1% gold price change into gains like 59%, 118%, or even 228%. And it doesn't involve buying a single ounce of physical gold or even buying any regular gold stock. I've been trading gold for nearly 20 years now and this is my #1 recommended approach for trading gold right now. Most traders miss them completely… But for those who know how to spot them, it takes their trades to a whole new level.If you're interested, check out the recording here while the link's still up. This page (NYSE:PNM) was last updated on 11/17/2024 by MarketBeat.com Staff From Our PartnersBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...Brownstone Research | SponsoredThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. 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