Sempra Energy (SRE) Stock Forecast & Price Target

Sempra Energy
Bear Case

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

• The stock has experienced a significant decline, hitting a new 52-week low of $77.08 in September 2026, which is a drop from its 52-week high of $101.04, indicating potential downward pressure on the stock price.
• Several major brokerages have recently lowered their price targets for Sempra, including Morgan Stanley cutting its target from $104.00 to $100.00 and Ladenburg Thalmann lowering its target to $89.50, suggesting a more cautious outlook on the company's valuation.
• Insider selling activity has been notable, with multiple executives and directors selling shares in the first half of 2026, such as Caroline Ann Winn selling 8,000 shares in June 2026 and Pablo Ferrero selling 2,600 shares in May 2026, which may signal a lack of confidence from company insiders.
• The company's revenue has shown slight declines in recent quarters, with the most recent quarter in August 2026 reporting revenue of $2.997 billion, which was below the consensus estimate of $3.138 billion and down 0.1% year-over-year.
• Sempra's debt-to-equity ratio is 0.78, which, while not excessively high, indicates a moderate level of leverage that could impact the company's financial flexibility in a rising interest rate environment.