PNM Resources Stock Forecast for 2023 - 2025 - 2030
Updated on 03/28/2024
PNM Resources Stock Forecast and Price Target
In recent months, notable analysts have provided yearlong price targets for PNM Resources, with the average target coming in at $41.00. If it were to be achieved, this would result in a potential upside of approximately 8.72 percent from the most recent closing price in March, 2024. The high end is $55.00, and the low is $40.00. Even if you are not interested in PNM stock, you should still be aware of its competitors.
8.72% Upside
PNM Resources Fair Value Forecast for 2023 - 2025 - 2030
In the last four years, PNM Resources's Price has fallen from $45.69 to $0.00 – a 100.00% decrease. In the next year, analysts believe that Fair Value will reach $56.31 – an increase of 100.00%. For the next twelve years, experts predict that PNM Resources's Fair Value will grow at a rate of 100.00%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
NEE Stock Forecast | NextEra Energy Inc | Outperform |
9
|
$57.87 | Buy/Sell | $70.61 | 21.82% |
SO Stock Forecast | Southern Company | Outperform |
10
|
$69.78 | Buy/Sell | $74.90 | 4.64% |
DUK Stock Forecast | Duke Energy Corp | Outperform |
10
|
$95.84 | Buy/Sell | $105.00 | 5.38% |
SRE Stock Forecast | Sempra | Outperform |
7
|
$72.55 | Buy/Sell | $82.41 | 13.03% |
AEP Stock Forecast | American Electric Power Co Inc | Hold |
9
|
$83.73 | Buy/Sell | $87.32 | 4.50% |
PNM Resources Revenue Forecast for 2023 - 2025 - 2030
PNM Resources's Revenue has grown In the last three years, rising from $1.52B to $1.94B – a growth of 27.33%. In the next year, analysts believe that Revenue will reach $2.19B – an increase of 12.78%. For the next thirteen years, experts predict that PNM Resources's Revenue will grow at a rate of 36.23%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
TRP Stock Forecast | TC Energy | Hold |
10
|
C$54.78 | Buy/Sell | C$68.70 | 2.23% |
D Stock Forecast | Dominion Energy Inc | Hold |
10
|
$47.64 | Buy/Sell | $48.86 | 2.85% |
EXC Stock Forecast | Exelon | Outperform |
9
|
$37.19 | Buy/Sell | $38.37 | 4.87% |
PNM Resources Dividend per Share Forecast for 2023 - 2025 - 2030
PNM Resources's Dividend per Share has seen impressive growth In the last three years, rising from $1.25 to $1.49 – a growth of 19.20%. In the next year, analysts believe that Dividend per Share will reach $1.55 – an increase of 4.03%. For the next eleven years, the forecast is for Dividend per Share to grow by 25.17%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
PCG Stock Forecast | PG&E | Outperform |
10
|
$16.45 | Buy/Sell | $18.83 | 17.63% |
PEG Stock Forecast | Public Service Enterprise Grou... | Outperform |
17
|
$64.95 | Buy/Sell | $65.36 | 0.08% |
ED Stock Forecast | Consolidated Edison | Hold |
15
|
$90.80 | Buy/Sell | $91.03 | 0.22% |
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
XEL Stock Forecast | Xcel Energy Inc | Outperform |
17
|
$52.91 | Buy/Sell | $65.79 | 20.96% |
EIX Stock Forecast | Edison International | Outperform |
16
|
$69.39 | Buy/Sell | $74.13 | 10.97% |
WEC Stock Forecast | WEC Energy Group | Hold |
10
|
$82.10 | Buy/Sell | $88.07 | 7.19% |
PNM Resources EBITDA Forecast for 2023 - 2025 - 2030
In the last three years, PNM Resources's EBITDA has gone down from $592.00M to $580.69M – a 1.91% drop. In the next year, analysts predict that EBITDA will jump to $859.33M – up 47.98% from the current level. Looking ahead to eleven years, experts forecast that EBITDA will grow by 96.50%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
DTE Stock Forecast | DTE Energy Co | Outperform |
15
|
$112.95 | Buy/Sell | $117.71 | 4.47% |
FE Stock Forecast | FirstEnergy | Outperform |
16
|
$38.53 | Buy/Sell | $40.71 | 6.41% |
ETR Stock Forecast | Entergy | Outperform |
14
|
$103.36 | Buy/Sell | $110.55 | 9.33% |
PNM Resources EBIT Forecast for 2023 - 2025 - 2030
In the last three years, PNM Resources's EBIT has fallen from $277.34M to $230.61M – a 16.85% decrease. Analysts predict that PNM Resources's EBIT will increase in the upcoming year, reaching $500.89M. This would represent an increase of 117.20%. Over the next nine years, experts predict that PNM Resources's EBIT will grow at a rate of 189.48%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
ES Stock Forecast | Eversource Energy | Outperform |
14
|
$60.65 | Buy/Sell | $65.29 | 4.70% |
PPL Stock Forecast | PPL Corp | Outperform |
16
|
$27.25 | Buy/Sell | $28.85 | 7.93% |
AEE Stock Forecast | Ameren | Outperform |
15
|
$73.65 | Buy/Sell | $76.67 | 5.23% |
PNM Resources EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last four years, PNM Resources's EPS has fallen from $2.28 to $0.00 – a 100.00% decrease. In the next year, analysts believe that EPS will reach $2.81 – an increase of 100.00%. For the next twelve years, experts predict that PNM Resources's EPS will grow at a rate of 100.00%.
Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
---|---|---|---|---|---|---|---|
CNP Stock Forecast | CenterPoint Energy | Outperform |
14
|
$28.52 | Buy/Sell | $30.61 | 7.71% |
CMS Stock Forecast | CMS Energy | Outperform |
14
|
$60.47 | Buy/Sell | $63.11 | 5.84% |
ATO Stock Forecast | Atmos Energy | Outperform |
17
|
$117.00 | Buy/Sell | $120.69 | 4.46% |