PNM Resources (PNM) Stock Forecast

Analyst ratings, price targets, and earnings estimates.

PNM Analyst Ratings

Buy

Consensus

Strong Buy
0
Buy
10
Hold
9
Sell
0
Strong Sell
0
53%47%

Based on 19 analysts in the past 3 months

PNM Stock 12 Month Forecast

$42.00

▲ (0.55% Upside)
Highest Price Target
$54.00 (29.3%)
Average Price Target
$42.00 (0.6%)
Lowest Price Target
$38.00 (0.0%)

Based on 2 analysts in the last year

Recent Price Targets
60605050404030302020101000Price Target ($)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Recommendation Trends
Strong Buy
Buy
Hold
Sell
Strong Sell
12129966330011122111122144434411131Mar 1, 2024Mar 1, 2024Apr 1, 2024Apr 1, 2024May 1, 2024May 1, 2024Jun 1, 2024Jun 1, 2024Jul 1, 2024Jul 1, 2024Aug 1, 2024Aug 1, 2024
Analyst Estimates
Revenue Estimates
High $2.25B
Average $2.20B
Low $2.13B
3 analysts
Net Income Estimates
High $250.36M
Average $246.30M
Low $242.24M
3 analysts
EPS Estimates
High $2.90
Average $2.81
Low $2.80
3 analysts
Revenue Estimates
High $2.34B
Average $2.34B
Low $2.34B
4 analysts
Net Income Estimates
High $267.64M
Average $258.72M
Low $249.79M
4 analysts
EPS Estimates
High $3.10
Average $3.01
Low $2.89
1 analysts
Revenue Estimates
High $2.69B
Average $2.63B
Low $2.55B
3 analysts
Net Income Estimates
High $293.52M
Average $285.02M
Low $273.95M
3 analysts
EPS Estimates
High $3.40
Average $3.30
Low $3.17
1 analysts
Revenue Estimates
High $2.76B
Average $2.70B
Low $2.62B
2 analysts
Net Income Estimates
High $313.09M
Average $304.02M
Low $292.21M
2 analysts
EPS Estimates
High $3.63
Average $3.52
Low $3.38
1 analysts
Latest Price Target Updates
Date Analyst Firm Price Target Price When Posted Upside
Aug 01, 2024 Jonathan Reeder Wells Fargo $46.00 $41.58 10.6%
May 30, 2024 Michael Lonegon Evercore ISI $38.00 $36.60 3.8%
Apr 15, 2024 Nicholas Campanella Barclays $43.00 $36.23 18.7%
Sep 07, 2022 None Mizuho Securities $51.00 $47.44 7.5%
Apr 29, 2022 None Wells Fargo $53.00 $47.75 11.0%
Apr 27, 2022 None Wells Fargo $54.00 $47.85 12.9%

Related Metrics

Explore detailed financial metrics and analysis for PNM.