SM ENERGY CO (SM) Forecast, Price Target & Analyst Ratings

NYSE:SM • US78454L1008

Current stock price

30.62 USD
+1.12 (+3.8%)
At close:
30.4831 USD
-0.14 (-0.45%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SM ENERGY CO (SM).

Forecast Snapshot

Consensus Price Target

Price Target
$31.38
+ 2.50% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 23, 2026
Period
Q1 / 2026
EPS Estimate
$0.95
Revenue Estimate
1.428B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.24%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$31.38
Upside
+ 2.50%
From current price of $30.62 to mean target of $31.38, Based on 21 analyst forecasts
Low
$22.22
Median
$29.58
High
$51.45

Price Target Revisions

1 Month
-3.72%
3 Months
-11.71%

Price Target Summary

21 Wall Street analysts provided a forecast for the next 12 months for SM. The average price target is 31.38 USD. This implies a price increase of 2.5% is expected in the next year compared to the current price of 30.62.
The average price target has been revised downward by 11.71% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SM Current Analyst RatingSM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

SM Historical Analyst RatingsSM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
75.24%
SM was analyzed by 21 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about SM.
In the previous month the buy percentage consensus was at a similar level.
SM was analyzed by 21 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-02BMO CapitalMaintains Market Perform -> Market Perform
2026-04-02KeybancMaintains Overweight -> Overweight
2026-03-24Truist SecuritiesInitiate Hold -> Buy
2026-03-20JP MorganReiterate Overweight
2026-03-19Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-03-17TD CowenMaintains Buy -> Buy
2026-02-19Stephens & Co.Maintains Overweight -> Overweight
2026-01-26SusquehannaMaintains Neutral -> Neutral
2026-01-13RBC CapitalMaintains Sector Perform -> Sector Perform
2025-12-10KeybancMaintains Overweight -> Overweight
2025-10-20SusquehannaMaintains Neutral -> Neutral
2025-10-17Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-10-09RBC CapitalMaintains Sector Perform -> Sector Perform
2025-09-15MizuhoMaintains Outperform -> Outperform
2025-08-01MizuhoMaintains Outperform -> Outperform
2025-07-23SusquehannaMaintains Neutral -> Neutral
2025-06-24Raymond JamesDowngrade Outperform -> Underperform
2025-06-16Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-05-28Raymond JamesReiterate Outperform -> Outperform
2025-05-13MizuhoMaintains Outperform -> Outperform
2025-04-22SusquehannaMaintains Neutral -> Neutral
2025-04-21KeybancMaintains Overweight -> Overweight
2025-04-15Stephens & Co.Maintains Overweight -> Overweight
2025-03-25Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-03-13JP MorganMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 23, 2026
Period
Q1 / 2026
EPS Estimate
$0.95
Revenue Estimate
1.428B
Revenue Q2Q
69.09%
EPS Q2Q
-46.07%
Number of Analysts
18

Next Earnings Revisions

Revenue (1 Month)
60.53%
Revenue (3 Months)
78.69%
EPS (1 Month)
-6.04%
EPS (3 Months)
-3.84%

Next Earnings Summary

SM is expected to report earnings on 4/23/2026. The consensus EPS estimate for the next earnings is 0.95 USD and the consensus revenue estimate is 1.43B USD.
The next earnings revenue estimate has been revised upward by 78.69% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
SM revenue by date.SM revenue by date.
2.374B
-29.32%		2.69B
13.33%		3.154B
17.24%		6.695B
112.27%		7.367B
10.04%		7.036B
-4.49%
EBITDA
YoY % growth
SM ebitda by date.SM ebitda by date.
1.609B
-37.26%		1.835B
14.03%		2.029B
10.57%		4.169B
105.47%		4.744B
13.79%		5.224B
10.12%
EBIT
YoY % growth
SM ebit by date.SM ebit by date.
918.752M
-53.15%		1.026B
11.64%		822M
-19.86%		1.564B
90.27%		1.96B
25.32%		1.628B
-16.94%
Operating Margin
SM operating margin by date.SM operating margin by date.
38.70%38.13%26.06%23.36%26.61%23.14%
EPS
YoY % growth
SM eps by date.SM eps by date.
5.93
-18.54%		6.79
14.50%		5.42
-20.18%		3.49
-35.69%		4.56
30.84%		4.26
-6.65%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.95
-46.07%		1.08
-28.03%		1.22
-8.31%		1.29
55.16%		1.50
58.42%		1.53
42.09%		1.64
34.20%		1.70
31.72%		1.68
11.72%		1.43
-6.54%		1.57
-4.27%		1.65
-2.54%
Revenue
Q2Q % growth		1.428B
69.09%		1.756B
121.45%		1.78B
119.32%		1.805B
156.03%		1.758B
23.11%		1.845B
5.07%		1.867B
4.89%		1.888B
4.60%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		848.77M
50.65%		999.45M
28.22%		1.025B
-5.90%		1.05B
-20.33%		1.018B
19.94%		964.18M
-3.53%		990.64M
-3.35%		1.031B
-1.81%		1.281B
25.83%		1.293B
34.10%		1.325B
33.75%		1.345B
30.46%
EBIT
Q2Q % growth		331.78M
13.04%		443M
104.52%		495.27M
146.40%		525.44M
373.83%		518.42M
56.25%		625.91M
41.29%		639.32M
29.09%		635.02M
20.85%		N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

SM Yearly Revenue VS EstimatesSM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
SM Yearly EPS VS EstimatesSM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 -2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-7.73%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
28.08%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
76.38%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SM ENERGY CO / SM Forecast FAQ

What do analysts expect the price target to be for SM ENERGY CO (SM)?

21 analysts have analysed SM and the average price target is 31.38 USD. This implies a price increase of 2.5% is expected in the next year compared to the current price of 30.62.

Can you provide the upcoming earnings date for SM ENERGY CO?

SM ENERGY CO (SM) will report earnings on 2026-04-23.

What are the consensus estimates for SM stock next earnings?

The consensus EPS estimate for the next earnings of SM ENERGY CO (SM) is 0.95 USD and the consensus revenue estimate is 1.43B USD.

Can you provide the expected long term growth rate for SM ENERGY CO stock?

The expected long term growth rate for SM ENERGY CO (SM) is 28.08%.