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

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SM Stock Forecast

SM Energy stock forecast is as follows: an average price target of $54.00 (represents a 34.83% upside from SM’s last price of $40.05) 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 (SM) is $54.00 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $43.00. This represents a potential 34.83% upside from SM's last price of $40.05.

SM Analyst Ratings

Buy

According to 23 Wall Street analysts, SM Energy'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 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%42.32%
Oct 16, 2024Tim RevzanKeyBanc$60.00$42.8440.04%49.81%
Oct 01, 2024Hanwen ChangWells Fargo$43.00$39.977.58%7.37%
Aug 21, 2024Oliver HuangTudor Pickering$56.00$44.4126.10%39.83%
Jul 22, 2024Neal DingmannTruist Financial$46.00$46.40-0.86%14.86%
Jul 01, 2024Neal DingmannTruist Financial$49.00$43.2313.35%22.35%
Jun 28, 2024Phillip JungwirthBMO Capital$54.00$43.3524.57%34.83%
Jun 25, 2024Neal DingmannTruist Financial$51.00$49.852.31%27.34%
Jun 20, 2024Mike SciallaStephens$63.00$48.2530.57%57.30%
Apr 22, 2024Tim RevzanKeyBanc$65.00$48.8533.06%62.30%
Apr 12, 2024Tim RezvanKeyBanc$62.00$51.7019.92%54.81%
Apr 05, 2024William JanelaMizuho Securities$57.00$52.049.53%42.32%
Jun 22, 2023Biju PerincherilSusquehanna$32.00$28.7911.15%-20.10%
Jan 04, 2023J.P. Morgan$46.00$31.9843.84%14.86%
Apr 25, 2022Raymond James$65.00$34.0990.64%62.30%
Mar 14, 2022Biju PerincherilSusquehanna$40.00$36.0510.96%-0.12%
Oct 29, 2021John GerdesMKM Partners$52.00$34.3251.52%29.84%
Jun 22, 2021Brian VelieCapital One Financial$32.00$23.0139.07%-20.10%

The latest SM Energy 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 42.32% increase from SM last price ($40.05).

SM Energy Price Target by Period

1M3M12M
# Anlaysts-112
Avg Price Target-$57.00$55.25
Last Closing Price$40.05$40.05$40.05
Upside/Downside-100.00%42.32%37.95%

In the current month, the average price target of SM Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SM Energy's last price of $40.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024KeyBancOverweightOverweightHold
Dec 02, 2024Exane BNP ParibasNeutralOutperformUpgrade
Nov 27, 2024BarclaysOverweightOverweightInitialise
Nov 26, 2024SantanderBuyOverweightUpgrade
Nov 19, 2024Goldman SachsBuyBuyHold
Nov 12, 2024Deutsche BankHoldHoldHold
Nov 12, 2024Deutsche BankHoldHoldHold
Nov 12, 2024Deutsche BankHoldHoldHold
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, 2024WedbushOutperformUpgrade
Oct 15, 2024Cowen & Co.Market PerformBuyUpgrade
Oct 03, 2024HSBCBuyHoldUpgrade
Oct 02, 2024Bank of America SecuritiesBuyNeutralUpgrade
Oct 01, 2024Wells FargoEqual-WeightEqual-WeightHold
Sep 26, 2024UBSBuyBuyHold
Sep 12, 2024Wells FargoSector PerformSector PerformHold
Sep 12, 2024Truist FinancialUnderperformUnderperformHold
Aug 22, 2024Truist FinancialUnderperformUnderperformHold
Aug 22, 2024Wells FargoSector PerformSector PerformHold
Jul 29, 2024CitigroupNeutralNeutralHold
Jul 24, 2024BNP ParibasNeutralUpgrade
Jul 24, 2024Exane BNP ParibasUnderperformNeutralUpgrade
Jul 09, 2024Truist FinancialUnderperformUnderperformHold
Jul 09, 2024Wells FargoSector PerformSector PerformHold
Jul 02, 2024RBC CapitalOutperformOutperformHold
Jun 28, 2024BMO CapitalMarket PerformMarket PerformHold
Jun 20, 2024StephensOverweightInitialise
Jun 12, 2024BBVABuyUnderperformDowngrade
Jun 12, 2024Exane BNP ParibasNeutralUnderperformDowngrade
Jun 11, 2024CitigroupSellBuyInitialise
Jun 07, 2024Deutsche BankBuyBuyHold
Jun 06, 2024RBC CapitalSector PerformSector PerformHold
Jun 05, 2024JefferiesBuyBuyHold
May 31, 2024CitigroupSellSellHold
May 28, 2024Deutsche BankHoldHoldHold
May 28, 2024RBC CapitalOutperformOutperformHold
May 16, 2024CFRABuyHoldUpgrade
May 10, 2024RBC CapitalSector PerformSector PerformHold
Apr 18, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 16, 2024CitigroupBuyBuyHold
Apr 16, 2024BBVABuyBuyHold
Apr 12, 2024BernsteinOutperformUpgrade
Apr 12, 2024KeyBancOverweightOverweightHold
Apr 11, 2024CFRABuyBuyHold
Apr 05, 2024SusquehannaUnderperformUnderperformHold
Apr 05, 2024William BlairSector PerformSector PerformHold
Apr 05, 2024HSBCBuyBuyHold
Mar 26, 2024SantanderOutperformOverweightUpgrade
Mar 15, 2024Raymond JamesUnderperformOutperformUpgrade
Mar 08, 2024RBC CapitalSector PerformOutperformUpgrade
Feb 26, 2024SusquehannaSector PerformSector PerformHold
Feb 26, 2024Seaport GlobalUnderperformUnderperformHold
Jan 31, 2024Seaport GlobalBuyBuyHold
Jan 31, 2024Raymond JamesUnderperformUnderperformHold
Jan 31, 2024Seaport GlobalBuyUpgrade
Jan 15, 2024Deutsche BankBuyHoldUpgrade
Dec 04, 2023Exane BNP ParibasOutperformNeutralUpgrade
Nov 14, 2023CitigroupBuyNeutralUpgrade
Oct 20, 2023BBVAOverweightUpgrade
Sep 27, 2023RBC CapitalOutperformSector PerformUpgrade
Sep 05, 2023Bank of America SecuritiesBuyUpgrade
Aug 29, 2023CitigroupNeutralBuyUpgrade
Aug 29, 2023CitigroupOverweightNeutralUpgrade
Aug 16, 2023CitigroupBuyOverweightUpgrade
Aug 07, 2023Exane BNP ParibasNeutralOutperformUpgrade
Jul 20, 2023Exane BNP ParibasOutperformNeutralUpgrade
Jul 11, 2023UBSNeutralBuyUpgrade
Jun 22, 2023SusquehannaNeutralNeutralHold
May 29, 2023UBSBuyNeutralUpgrade
May 25, 2023JefferiesBuyUpgrade
Apr 30, 2023HSBCBuyUpgrade
Apr 24, 2023Deutsche BankHoldBuyUpgrade
Mar 22, 2023SantanderBuyOutperformUpgrade
Mar 15, 2023Cowen & Co.Market PerformDowngrade
Feb 03, 2023Deutsche BankBuyHoldUpgrade
Dec 05, 2022Morgan StanleyOverweightUpgrade
Nov 22, 2022RBC CapitalOutperformUpgrade
Nov 02, 2022Exane BNP ParibasNeutralOutperformUpgrade
Oct 26, 2022Exane BNP ParibasOutperformNeutralUpgrade
Oct 10, 2022Goldman SachsBuyUpgrade
Sep 27, 2022SantanderBuyUpgrade
Sep 22, 2022Societe GeneraleBuyUpgrade
Sep 20, 2022BarclaysOverweightUpgrade
Sep 12, 2022CitigroupBuyBuyUpgrade
Sep 06, 2022Exane BNP ParibasNeutralOutperformUpgrade
Aug 04, 2022CitigroupNeutralBuyUpgrade
Jul 18, 2022UBSBuyBuyUpgrade
Jun 21, 2022CitigroupBuyNeutralUpgrade
Jun 15, 2022UBSBuyUpgrade
Jun 09, 2022CitigroupBuyUpgrade
May 09, 2022Deutsche BankBuyUpgrade
Apr 29, 2022Exane BNP ParibasNeutralUpgrade
Mar 14, 2022SusquehannaNeutralNeutralHold

SM Energy's last stock rating was published by KeyBanc on Dec 09, 2024. The company gave SM a "Overweight" rating, the same as its previous rate.

SM Energy Financial Forecast

SM Energy Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
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
Avg Forecast$1.09B$1.05B$1.01B$966.43M$874.06M$860.58M$838.76M$846.72M$857.86M$850.82M$837.03M$862.79M$858.64M$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
High Forecast$1.16B$1.12B$1.07B$1.03B$931.37M$917.01M$893.75M$902.23M$914.11M$906.61M$891.92M$911.57M$897.78M$666.78M$616.63M$561.49M$615.14M$659.64M$592.84M$609.17M$595.11M$720.15M$800.45M$711.65M$519.85M$498.59M$403.05M$345.39M$352.85M$321.39M
Low Forecast$1.05B$1.00B$964.57M$926.14M$837.62M$824.71M$803.79M$811.42M$822.10M$815.35M$802.14M$831.64M$826.33M$620.56M$616.63M$561.49M$605.73M$586.72M$533.17M$547.86M$541.40M$720.15M$800.45M$711.65M$519.85M$498.59M$403.05M$345.39M$352.85M$321.39M
# Analysts333333334446732249643743474448
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%

SM Energy'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 EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts333333334446732249643743474448
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
Avg Forecast$501.97M$481.98M$462.78M$444.34M$401.87M$395.67M$385.64M$389.30M$394.42M$391.18M$384.85M$396.69M$394.78M$295.94M$283.51M$261.11M$281.08M$289.04M$255.80M$237.37M$375.28M$468.60M$520.85M$215.79M$338.27M$324.43M$262.26M$-71.12M$229.60M$209.13M
High Forecast$534.89M$513.58M$493.12M$473.47M$428.22M$421.62M$410.92M$414.82M$420.28M$416.83M$410.08M$419.12M$412.78M$306.57M$283.51M$313.33M$282.83M$303.28M$272.57M$284.85M$450.34M$468.60M$520.85M$258.95M$338.27M$324.43M$262.26M$-56.90M$229.60M$209.13M
Low Forecast$481.05M$461.88M$443.48M$425.82M$385.12M$379.18M$369.56M$373.07M$377.98M$374.88M$368.80M$382.37M$379.92M$285.32M$283.51M$208.89M$278.50M$269.76M$245.14M$189.90M$300.22M$468.60M$520.85M$172.63M$338.27M$324.43M$262.26M$-85.35M$229.60M$209.13M
Surprise %-----------------1.50%1.41%1.60%1.28%1.35%1.49%3.15%2.00%1.01%0.08%0.62%0.13%-0.38%

4 analysts predict SM's average Quarter EBITDA for Dec 23 to be $281.08M, with a high of $282.83M and a low of $278.50M. This is -35.32% lower than SM Energy's previous annual EBITDA (Sep 23) of $434.57M.

SM Energy Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts333333334446732249643743474448
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
Avg Forecast$290.93M$271.38M$256.43M$262.18M$260.96M$243.80M$228.49M$238.99M$230.27M$223.55M$211.95M$233.48M$219.88M$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
High Forecast$315.73M$294.52M$278.29M$284.53M$283.21M$264.58M$247.97M$259.36M$249.90M$242.60M$230.02M$277.47M$250.64M$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
Low Forecast$275.17M$256.68M$242.54M$247.98M$246.82M$230.59M$216.11M$226.04M$217.79M$211.43M$200.46M$205.28M$195.95M$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
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%

SM Energy'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 SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts333333334446732249643743474448
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
Avg Forecast$65.49M$62.88M$60.37M$57.97M$52.43M$51.62M$50.31M$50.79M$51.46M$51.03M$50.21M$51.75M$51.50M$38.61M$36.99M$25.06M$36.67M$37.71M$33.37M$22.78M$20.60M$43.23M$48.05M$20.71M$31.20M$29.93M$24.19M$39.65M$21.18M$19.29M
High Forecast$69.78M$67.00M$64.33M$61.77M$55.86M$55.00M$53.61M$54.12M$54.83M$54.38M$53.50M$54.68M$53.85M$39.99M$36.99M$30.07M$36.90M$39.57M$35.56M$27.33M$24.73M$43.23M$48.05M$24.85M$31.20M$29.93M$24.19M$47.58M$21.18M$19.29M
Low Forecast$62.76M$60.26M$57.86M$55.55M$50.24M$49.47M$48.21M$48.67M$49.31M$48.91M$48.11M$49.88M$49.56M$37.22M$36.99M$20.04M$36.33M$35.19M$31.98M$18.22M$16.48M$43.23M$48.05M$16.57M$31.20M$29.93M$24.19M$31.72M$21.18M$19.29M
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%

SM Energy's average Quarter SG&A projection for Dec 23 is $36.67M, based on 4 Wall Street analysts, with a range of $36.33M to $36.90M. The forecast indicates a 25.34% rise compared to SM last annual SG&A of $29.25M (Sep 23).

SM Energy EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts333333334446732249643743474448
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
Avg Forecast$2.53$2.36$2.23$2.28$2.27$2.12$1.99$2.08$2.00$1.94$1.84$2.03$1.91$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
High Forecast$2.75$2.56$2.42$2.47$2.46$2.30$2.16$2.26$2.17$2.11$2.00$2.41$2.18$1.51$1.52$1.28$1.46$1.91$1.14$1.34$1.27$1.72$2.16$1.94$0.77$0.14$-0.23$-0.23$0.07$-0.27
Low Forecast$2.39$2.23$2.11$2.16$2.15$2.01$1.88$1.97$1.89$1.84$1.74$1.79$1.70$1.45$1.52$1.28$1.22$1.21$1.05$1.17$1.12$1.72$2.16$1.94$0.77$0.14$-0.23$-0.23$0.07$-0.27
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%

According to 4 Wall Street analysts, SM Energy'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 Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MURMurphy Oil$29.18$44.0050.79%Buy
CIVICivitas Resources$51.93$76.1746.68%Buy
VTLEVital Energy$33.64$48.0042.69%Hold
SMSM Energy$40.05$54.0034.83%Buy
FANGDiamondback Energy$170.86$223.8231.00%Buy
PRPermian Resources$15.11$19.6029.72%Buy
MTDRMatador Resources$60.26$73.5722.09%Buy
MGYMagnolia Oil & Gas$24.80$29.0016.94%Buy
ARAntero Resources$37.35$35.88-3.94%Buy
RRCRange Resources$37.59$36.00-4.23%Buy
EQTEQT$50.62$41.00-19.00%Buy
CRKComstock Resources$19.13$8.67-54.68%Hold

SM Forecast FAQ

Is SM Energy a good buy?

Yes, according to 23 Wall Street analysts, SM Energy (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 (SM) average price target is $54 with a range of $43 to $60, implying a 34.83% from its last price of $40.05. 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 stock go up soon?

According to Wall Street analysts' prediction for SM stock, the company can go up by 34.83% (from the last price of $40.05 to the average price target of $54), up by 49.81% based on the highest stock price target, and up by 7.37% based on the lowest stock price target.

Can SM Energy stock reach $60?

SM's average twelve months analyst stock price target of $54 does not support the claim that SM Energy can reach $60 in the near future.

What are SM Energy's analysts' financial forecasts?

SM Energy's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.42B (high $3.64B, low $3.28B), average EBITDA is $1.57B (high $1.68B, low $1.51B), average net income is $972.24M (high $1.06B, low $919.55M), average SG&A $205.14M (high $218.59M, low $196.59M), and average EPS is $8.45 (high $9.18, low $8). SM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.11B (high $4.38B, low $3.94B), average EBITDA is $1.89B (high $2.02B, low $1.81B), average net income is $1.08B (high $1.17B, low $1.02B), average SG&A $246.7M (high $262.88M, low $236.42M), and average EPS is $9.4 (high $10.2, low $8.89).

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

Based on SM Energy'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'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 $289.04M by 50.35%. SM Energy'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 $37.71M by -22.42%. Lastly, the company's EPS was $1.89, beating the average prediction of $1.61 by 17.05%