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SM Energy (SM) Stock Forecast & Price Target

$44.94
-0.20 (-0.44%)
(As of 07/12/2024 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

Consensus Price Target

$54.89
22.14% Upside
High Forecast$65.00
Average Forecast$54.89
Low Forecast$45.00
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
3 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$54.89$54.57$49.29$40.73
Forecasted Upside22.14% Upside14.27% Upside12.04% Upside30.47% Upside
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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
2.60
2.56
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside22.14% Upside302.75% Upside9.20% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/9/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$54.00 ➝ $54.00+22.06%
7/1/2024Truist Financial
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N. Dingmann
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Lower TargetHold ➝ Hold$51.00 ➝ $49.00+11.95%
6/27/2024Stephens
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M. Scialla
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Reiterated RatingOverweight ➝ Overweight$63.00 ➝ $63.00+46.96%
5/13/2024Mizuho
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 Boost TargetBuy ➝ Buy$57.00 ➝ $62.00+26.30%
4/22/2024Susquehanna
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 Boost TargetNeutral ➝ Neutral$42.00 ➝ $51.00+5.11%
4/22/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$62.00 ➝ $65.00+35.16%
4/18/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$45.00 ➝ $51.00+3.47%
4/9/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$49.00 ➝ $54.00+4.25%
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%
3/1/2023TD Cowen
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 DowngradeOutperform ➝ Market Perform$35.00+16.43%
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%
7/20/2022MKM Partners
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 Reiterated RatingBuy$54.00+54.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:17 PM ET.

SM Forecast - Frequently Asked Questions

What is SM Energy's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for SM Energy is $54.89, with a high forecast of $65.00 and a low forecast of $45.00.

Should I buy or sell SM Energy stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SM Energy in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SM shares.

Does SM Energy's stock price have much upside?

According to analysts, SM Energy's stock has a predicted upside of 18.94% based on their 12-month stock forecasts.

What analysts cover SM Energy?

SM Energy has been rated by research analysts at KeyCorp, Mizuho, Royal Bank of Canada, Stephens, Susquehanna, Truist Financial, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like SM Energy more than its competitors?

Analysts like SM Energy more than other "oils/energy" companies. The consensus rating score for SM Energy is 2.60 while the average consensus rating score for "oils/energy" companies is 2.56. Learn more on how SM compares to other companies.


This page (NYSE:SM) was last updated on 7/14/2024 by MarketBeat.com Staff

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