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SM Energy Company (SM) Stock Forecast, Price Target & Predictions

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SM Stock Forecast

SM Energy Company stock forecast is as follows: an average price target of $50.00 (represents a 14.36% upside from SM’s last price of $43.72) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.

SM Price Target

The average price target for SM Energy Company (SM) is $50.00 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $65.00 to $32.00. This represents a potential 14.36% upside from SM's last price of $43.72.

SM Analyst Ratings

Buy

According to 23 Wall Street analysts, SM Energy Company's rating consensus is 'Buy'. The analyst rating breakdown for SM stock is 0 'Strong Buy' (0.00%), 14 'Buy' (60.87%), 8 'Hold' (34.78%), 1 'Sell' (4.35%), and 0 'Strong Sell' (0.00%).

SM Energy Company Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 01, 2024Mike SciallaStephens$57.00$40.2841.51%30.38%
Oct 16, 2024Tim RevzanKeyBanc$60.00$42.8440.04%37.24%
Oct 01, 2024Hanwen ChangWells Fargo$43.00$39.977.58%-1.65%
Aug 21, 2024Oliver HuangTudor Pickering$56.00$44.4126.10%28.09%
Jul 22, 2024Neal DingmannTruist Financial$46.00$46.40-0.86%5.22%
Jul 01, 2024Neal DingmannTruist Financial$49.00$43.2313.35%12.08%
Jun 28, 2024Phillip JungwirthBMO Capital$54.00$43.3524.57%23.51%
Jun 25, 2024Neal DingmannTruist Financial$51.00$49.852.31%16.65%
Jun 20, 2024Mike SciallaStephens$63.00$48.2530.57%44.10%
Apr 22, 2024Tim RevzanKeyBanc$65.00$48.8533.06%48.67%
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The latest SM Energy Company stock forecast, released on Nov 01, 2024 by Mike Scialla from Stephens, set a price target of $57.00, which represents a 41.51% increase from the stock price at the time of the forecast ($40.28), and a 30.38% increase from SM last price ($43.72).

SM Energy Company Price Target by Period

1M3M12M
# Anlaysts2412
Avg Price Target$58.50$54.00$55.25
Last Closing Price$43.72$43.72$43.72
Upside/Downside33.81%23.51%26.37%

In the current month, the average price target of SM Energy Company stock is $58.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 33.81% increase as opposed to SM Energy Company's last price of $43.72. This month's average price target is up 8.33% compared to last quarter, and up 5.88% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 06, 2024Bank of America SecuritiesNeutralUnderperformDowngrade
Nov 04, 2024SantanderBuyBuyHold
Nov 01, 2024StephensOverweightOverweightHold
Oct 30, 2024UBSBuyBuyHold
Oct 28, 2024CFRAHoldHoldHold
Oct 18, 2024CitigroupSellSellHold
Oct 17, 2024JefferiesBuyHoldInitialise
Oct 16, 2024KeyBancOverweightOverweightHold
Oct 15, 2024Wedbush-OutperformUpgrade
Oct 15, 2024Cowen & Co.Market PerformBuyUpgrade
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SM Energy Company's last stock rating was published by Bank of America Securities on Nov 06, 2024. The company Downgrade its SM rating from "Neutral" to "Underperform".

SM Energy Company Financial Forecast

SM Energy Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$640.90M$546.55M$570.78M$669.25M$827.56M$990.38M$858.72M$852.37M$759.81M$563.85M$443.85M$320.29M$281.01M$169.54M$355.73M$451.15M$390.32M
Avg Forecast$875.46M$856.71M$842.27M$848.43M$852.72M$846.34M$831.59M$850.18M$866.17M$643.67M$616.63M$561.49M$611.35M$628.66M$556.36M$571.69M$570.32M$720.15M$800.45M$711.65M$519.85M$498.59M$403.05M$345.39M$352.85M$321.39M$306.50M$399.25M$416.35M$392.93M
High Forecast$916.45M$896.83M$881.71M$888.16M$892.65M$885.97M$870.54M$896.15M$907.14M$666.78M$616.63M$561.49M$615.14M$659.64M$582.42M$598.46M$597.02M$720.15M$800.45M$711.65M$519.85M$498.59M$403.05M$345.39M$352.85M$321.39M$306.50M$399.25M$416.35M$392.93M
Low Forecast$834.43M$816.57M$802.80M$808.67M$812.76M$806.68M$792.63M$813.91M$827.93M$620.56M$616.63M$561.49M$605.73M$586.72M$530.29M$544.90M$543.59M$720.15M$800.45M$711.65M$519.85M$498.59M$403.05M$345.39M$352.85M$321.39M$306.50M$399.25M$416.35M$392.93M
# Analysts334545277322496437434744487655
Surprise %-------------1.02%0.98%1.00%1.17%1.15%1.24%1.21%1.64%1.52%1.40%1.29%0.91%0.87%0.55%0.89%1.08%0.99%

SM Energy Company's average Quarter revenue forecast for Dec 23 based on 4 analysts is $611.35M, with a low forecast of $605.73M, and a high forecast of $615.14M. SM's average Quarter revenue forecast represents a -4.61% decrease compared to the company's last Quarter revenue of $640.90M (Sep 23).

SM Energy Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545277322496437434744487655
EBITDA-------------$434.57M$360.27M$379.38M$479.41M$632.81M$776.37M$680.01M$675.03M$329.12M$21.09M$-44.33M$30.84M$-79.74M$-85.58M$-469.39M$-88.85M$98.93M
Avg Forecast$569.66M$557.47M$548.06M$552.07M$554.87M$550.72M$541.12M$553.22M$563.62M$418.84M$401.24M$261.11M$397.81M$409.07M$362.03M$237.37M$375.28M$468.60M$520.85M$215.79M$338.27M$324.43M$262.26M$-71.12M$229.60M$209.13M$199.44M$-720.65M$270.92M$255.68M
High Forecast$596.34M$583.57M$573.73M$577.93M$580.85M$576.51M$566.46M$583.13M$590.28M$433.88M$401.24M$313.33M$400.28M$429.23M$378.98M$284.85M$450.34M$468.60M$520.85M$258.95M$338.27M$324.43M$262.26M$-56.90M$229.60M$209.13M$199.44M$-576.52M$270.92M$255.68M
Low Forecast$542.97M$531.34M$522.38M$526.20M$528.86M$524.91M$515.76M$529.61M$538.74M$403.80M$401.24M$208.89M$394.15M$381.78M$345.06M$189.90M$300.22M$468.60M$520.85M$172.63M$338.27M$324.43M$262.26M$-85.35M$229.60M$209.13M$199.44M$-864.78M$270.92M$255.68M
Surprise %-------------1.06%1.00%1.60%1.28%1.35%1.49%3.15%2.00%1.01%0.08%0.62%0.13%-0.38%-0.43%0.65%-0.33%0.39%

4 analysts predict SM's average Quarter EBITDA for Dec 23 to be $397.81M, with a high of $400.28M and a low of $394.15M. This is -8.46% lower than SM Energy Company's previous annual EBITDA (Sep 23) of $434.57M.

SM Energy Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545277322496437434744487655
Net Income-------------$222.34M$149.87M$198.55M$258.46M$481.24M$323.49M$48.76M$424.90M$85.59M$-223.00M$-251.27M$-165.18M$-98.29M$-89.25M$-411.89M$-102.06M$42.23M
Avg Forecast$282.10M$263.19M$250.45M$255.20M$225.48M$220.98M$209.95M$223.63M$230.15M$170.30M$175.04M$48.88M$160.25M$185.67M$125.89M$44.44M$236.22M$199.16M$249.86M$40.40M$88.67M$16.03M$-26.24M$-403.12M$7.65M$-31.81M$-56.42M$-632.38M$-4.93M$-15.85M
High Forecast$299.27M$279.21M$265.70M$270.73M$239.21M$234.44M$222.73M$277.05M$259.65M$173.78M$175.05M$58.66M$168.32M$219.65M$131.50M$53.32M$283.47M$199.16M$249.86M$48.48M$88.67M$16.03M$-26.24M$-322.50M$7.65M$-31.81M$-56.42M$-505.90M$-4.93M$-15.85M
Low Forecast$264.91M$247.16M$235.20M$239.65M$211.75M$207.52M$197.16M$196.30M$210.08M$166.82M$175.03M$39.10M$140.65M$139.56M$120.28M$35.55M$188.98M$199.16M$249.86M$32.32M$88.67M$16.03M$-26.24M$-483.75M$7.65M$-31.81M$-56.42M$-758.86M$-4.93M$-15.85M
Surprise %-------------1.20%1.19%4.47%1.09%2.42%1.29%1.21%4.79%5.34%8.50%0.62%-21.59%3.09%1.58%0.65%20.70%-2.66%

SM Energy Company's average Quarter net income forecast for Dec 23 is $160.25M, with a range of $140.65M to $168.32M. SM's average Quarter net income forecast represents a -27.93% decrease compared to the company's last Quarter net income of $222.34M (Sep 23).

SM Energy Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545277322496437434744487655
SG&A-------------$29.25M$27.50M$27.67M$32.84M$28.43M$28.29M$25.00M$37.06M$25.53M$24.64M$24.71M$20.03M$24.45M$27.23M$27.45M$37.21M$32.58M
Avg Forecast$52.55M$51.42M$50.56M$50.93M$51.18M$50.80M$49.92M$51.03M$51.99M$38.64M$37.01M$25.06M$36.70M$37.73M$33.40M$22.78M$20.60M$43.23M$48.05M$20.71M$31.20M$29.93M$24.19M$39.65M$21.18M$19.29M$18.40M$42.14M$24.99M$23.59M
High Forecast$55.01M$53.83M$52.92M$53.31M$53.58M$53.18M$52.25M$53.79M$54.45M$40.02M$37.01M$30.07M$36.92M$39.59M$34.96M$27.33M$24.73M$43.23M$48.05M$24.85M$31.20M$29.93M$24.19M$47.58M$21.18M$19.29M$18.40M$50.57M$24.99M$23.59M
Low Forecast$50.09M$49.01M$48.19M$48.54M$48.79M$48.42M$47.58M$48.85M$49.70M$37.25M$37.01M$20.04M$36.36M$35.22M$31.83M$18.22M$16.48M$43.23M$48.05M$16.57M$31.20M$29.93M$24.19M$31.72M$21.18M$19.29M$18.40M$33.71M$24.99M$23.59M
Surprise %-------------0.78%0.82%1.21%1.59%0.66%0.59%1.21%1.19%0.85%1.02%0.62%0.95%1.27%1.48%0.65%1.49%1.38%

SM Energy Company's average Quarter SG&A projection for Dec 23 is $36.70M, based on 4 Wall Street analysts, with a range of $36.36M to $36.92M. The forecast indicates a 25.43% rise compared to SM last annual SG&A of $29.25M (Sep 23).

SM Energy Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545277322496437434744487655
EPS-------------$1.89$1.26$1.63$2.11$3.91$2.65$0.40$3.50$0.70$-1.88$-2.19$-1.44$-0.86$-0.79$-3.64$-0.90$0.37
Avg Forecast$2.45$2.29$2.18$2.22$1.96$1.92$1.83$1.94$2.00$1.48$1.52$1.28$1.39$1.61$1.09$1.23$1.20$1.72$2.16$1.94$0.77$0.14$-0.23$-0.23$0.07$-0.27$-0.49$-0.19$-0.04$-0.14
High Forecast$2.60$2.43$2.31$2.35$2.08$2.04$1.94$2.41$2.26$1.51$1.52$1.28$1.46$1.91$1.14$1.31$1.28$1.72$2.16$1.94$0.77$0.14$-0.23$-0.23$0.07$-0.27$-0.49$-0.19$-0.04$-0.14
Low Forecast$2.30$2.15$2.05$2.08$1.84$1.80$1.71$1.71$1.83$1.45$1.52$1.28$1.22$1.21$1.05$1.16$1.13$1.72$2.16$1.94$0.77$0.14$-0.23$-0.23$0.07$-0.27$-0.49$-0.19$-0.04$-0.14
Surprise %-------------1.17%1.15%1.32%1.75%2.27%1.23%0.21%4.57%5.05%8.29%9.57%-21.78%3.13%1.62%19.53%21.12%-2.70%

According to 4 Wall Street analysts, SM Energy Company's projected average Quarter EPS for Dec 23 is $1.39, with a low estimate of $1.22 and a high estimate of $1.46. This represents a -26.27% decrease compared to SM previous annual EPS of $1.89 (Sep 23).

SM Energy Company Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
VTLEVital Energy$30.40$57.8390.23%Hold
CIVICivitas Resources$51.14$84.7065.62%Buy
MURMurphy Oil$32.45$46.0842.00%Buy
MTDRMatador Resources Company$57.99$73.1126.07%Buy
ARAntero Resources$31.19$37.5820.49%Buy
PRPermian Resources$15.13$17.9218.44%Buy
SMSM Energy Company$43.72$50.0014.36%Buy
FANGDiamondback Energy$182.24$191.605.14%Buy
EQTEQT$43.31$41.53-4.11%Buy
RRCRange Resources$33.91$31.53-7.02%Buy
MGYMagnolia Oil & Gas$27.08$25.06-7.46%Buy
CRKComstock Resources$13.78$9.25-32.87%Hold

SM Forecast FAQ

Is SM Energy Company a good buy?

Yes, according to 23 Wall Street analysts, SM Energy Company (SM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 60.87% of SM's total ratings.

What is SM's price target?

SM Energy Company (SM) average price target is $50 with a range of $32 to $65, implying a 14.36% from its last price of $43.72. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will SM Energy Company stock go up soon?

According to Wall Street analysts' prediction for SM stock, the company can go up by 14.36% (from the last price of $43.72 to the average price target of $50), up by 48.67% based on the highest stock price target, and down by -26.81% based on the lowest stock price target.

Can SM Energy Company stock reach $70?

SM's average twelve months analyst stock price target of $50 does not support the claim that SM Energy Company can reach $70 in the near future.

What is SM Energy Company's current price target trend?

2 Wall Street analysts forecast a $58.5 price target for SM Energy Company (SM) this month, up 33.81% from its last price of $43.72. Compared to the last 3 and 12 months, the average price target increased by 23.51% and increased by 26.37%, respectively.

What are SM Energy Company's analysts' financial forecasts?

SM Energy Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.38B (high $3.55B, low $3.23B), average EBITDA is $2.2B (high $2.31B, low $2.1B), average net income is $880.04M (high $973.42M, low $812.72M), average SG&A $202.93M (high $212.8M, low $193.64M), and average EPS is $7.65 (high $8.47, low $7.07). SM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.42B (high $3.58B, low $3.26B), average EBITDA is $2.23B (high $2.33B, low $2.12B), average net income is $1.05B (high $1.11B, low $986.91M), average SG&A $205.45M (high $215.08M, low $195.83M), and average EPS is $9.14 (high $9.7, low $8.58).

Did the SM's actual financial results beat the analysts' financial forecasts?

Based on SM Energy Company's last annual report (Dec 2022), the company's revenue was $3.35B, beating the average analysts forecast of $2.8B by 19.39%. Apple's EBITDA was $2.57B, beating the average prediction of $1.58B by 62.54%. The company's net income was $1.11B, beating the average estimation of $725.64M by 53.24%. Apple's SG&A was $114.56M, missing the average forecast of $132.58M by -13.60%. Lastly, the company's EPS was $9.09, beating the average prediction of $7.02 by 29.45%. In terms of the last quarterly report (Sep 2023), SM Energy Company's revenue was $640.9M, beating the average analysts' forecast of $628.66M by 1.95%. The company's EBITDA was $434.57M, beating the average prediction of $409.07M by 6.23%. SM Energy Company's net income was $222.34M, beating the average estimation of $185.67M by 19.75%. The company's SG&A was $29.26M, missing the average forecast of $37.73M by -22.47%. Lastly, the company's EPS was $1.89, beating the average prediction of $1.61 by 17.05%