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SM Energy (SM) Stock Forecast & Price Target

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$45.52 +0.76 (+1.70%)
(As of 11/21/2024 ET)

SM Energy - 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

Sell
0
Hold
5
Buy
9

Based on 14 Wall Street analysts who have issued ratings for SM Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 5 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for SM.

Consensus Price Target

$51.09
12.24% Upside
According to the 14 analysts' twelve-month price targets for SM Energy, the average price target is $51.09. The highest price target for SM is $60.00, while the lowest price target for SM is $38.00. The average price target represents a forecasted upside of 12.24% from the current price of $45.52.
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SM Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$51.09$51.73$54.22$41.91
Forecasted Upside12.24% Upside22.29% Upside18.36% Upside11.25% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

SM 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.
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SM 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.
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SM Energy Stock vs. The Competition

TypeSM EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
2.71
2.62
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside12.24% Upside1,501.94% Upside8.51% Upside
News Sentiment Rating
Positive News

See Recent SM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/20/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$43.00 ➝ $47.00+7.06%
11/5/2024Susquehanna
2 of 5 stars
 Lower TargetNeutral ➝ Neutral$48.00 ➝ $46.00+12.36%
11/1/2024Stephens
4 of 5 stars
M. Scialla
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Boost TargetOverweight ➝ Overweight$56.00 ➝ $57.00+41.51%
10/16/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$65.00 ➝ $60.00+41.39%
10/15/2024TD Cowen
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G. Daoud
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UpgradeHold ➝ Buy$64.00 ➝ $60.00+34.44%
10/8/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$50.00 ➝ $54.00+22.09%
10/8/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$50.00 ➝ $50.00+13.64%
10/4/2024BMO Capital Markets
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P. Jungwirth
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Lower TargetMarket Perform ➝ Market Perform$50.00 ➝ $48.00+6.71%
9/30/2024Truist Financial
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N. Dingmann
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Lower TargetHold ➝ Hold$46.00 ➝ $38.00-4.69%
9/16/2024Mizuho
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 Lower TargetOutperform ➝ Outperform$62.00 ➝ $57.00+44.34%
8/21/2024Tudor Pickering
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O. Huang
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UpgradeStrong-Buy
8/21/2024Tudor, Pickering, Holt & Co.
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 UpgradeHold ➝ Buy
1/31/2024Seaport Res Ptn
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N. Pope
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UpgradeNeutral ➝ Buy
1/8/2024Raymond James
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 Lower TargetOutperform ➝ Outperform$53.00 ➝ $45.00+19.52%
3/1/2023Cowen
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 DowngradeOutperform ➝ Market Perform$35.00+18.60%
3/1/2023Cowen
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 DowngradeOutperform ➝ Market Perform$35.00+18.60%
2/22/2023Roth Capital
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L. Mariani
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Reiterated RatingBuy
2/22/2023Barclays
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 Lower TargetUnderweight$46.00 ➝ $32.00+8.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:53 PM ET.


SM Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for SM Energy is $51.09, with a high forecast of $60.00 and a low forecast of $38.00.

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SM Energy in the last twelve months. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SM shares.

According to analysts, SM Energy's stock has a predicted upside of 12.24% based on their 12-month stock forecasts.

Over the previous 90 days, SM Energy's stock had 1 upgrade by analysts.

SM Energy has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., KeyCorp, Mizuho, Royal Bank of Canada, Stephens, Susquehanna, TD Cowen, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like SM Energy more than other "oils/energy" companies. The consensus rating score for SM Energy is 2.71 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how SM compares to other companies.


This page (NYSE:SM) was last updated on 11/21/2024 by MarketBeat.com Staff
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