PNM Resources Stock Forecast for 2023 - 2025 - 2030

Updated on 03/28/2024

Stock Rating
16
Price Target
$41.00
Consensus
Outperform
Upside
8.72%
Analysts
0
Stock Rating
16
Upside
8.72%
Analysts
0
Price Target
$41.00

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.

$41.00

8.72% Upside

Outperform
Outperform

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%.

2024 Fair Value Forecast
$56.31
2025 Fair Value Forecast
$59.12
2025 Fair Value Forecast
$59.12
2025 Fair Value Forecast
$59.12
2026 Fair Value Forecast
$63.53
2026 Fair Value Forecast
$63.53
2026 Fair Value Forecast
$63.53
2027 Fair Value Forecast
$67.74
2027 Fair Value Forecast
$67.74
2028 Fair Value Forecast
$70.14
2029 Fair Value Forecast
$67.89
2030 Fair Value Forecast
$67.86
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%.

2024 Rev Forecast
$2.19B
2025 Rev Forecast
$2.33B
2025 Rev Forecast
$2.33B
2025 Rev Forecast
$2.33B
2026 Rev Forecast
$2.53B
2026 Rev Forecast
$2.53B
2026 Rev Forecast
$2.53B
2027 Rev Forecast
$2.66B
2027 Rev Forecast
$2.66B
2027 Rev Forecast
$2.66B
2028 Rev Forecast
$2.62B
2029 Rev Forecast
$2.63B
2030 Rev Forecast
$2.64B
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%.

2024 DPS Forecast
$1.55
2025 DPS Forecast
$1.64
2026 DPS Forecast
$1.73
2026 DPS Forecast
$1.73
2026 DPS Forecast
$1.73
2027 DPS Forecast
$1.82
2027 DPS Forecast
$1.82
2027 DPS Forecast
$1.82
2028 DPS Forecast
$1.92
2029 DPS Forecast
$1.89
2030 DPS Forecast
$1.87
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%

PNM Resources Free Cash Flow Forecast for 2023 - 2025 - 2030

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%.

2024 EBITDA Forecast
$0.86B
2024 EBITDA Forecast
$0.86B
2025 EBITDA Forecast
$0.92B
2025 EBITDA Forecast
$0.92B
2026 EBITDA Forecast
$1.05B
2026 EBITDA Forecast
$1.05B
2026 EBITDA Forecast
$1.05B
2027 EBITDA Forecast
$1.16B
2028 EBITDA Forecast
$1.25B
2029 EBITDA Forecast
$1.18B
2030 EBITDA Forecast
$1.14B
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%.

2024 EBIT Forecast
$0.50B
2024 EBIT Forecast
$0.50B
2025 EBIT Forecast
$0.54B
2026 EBIT Forecast
$0.60B
2026 EBIT Forecast
$0.60B
2027 EBIT Forecast
$0.67B
2028 EBIT Forecast
$0.75B
2029 EBIT Forecast
$0.70B
2030 EBIT Forecast
$0.67B
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%.

2024 EPS Forecast
$2.81
2025 EPS Forecast
$2.95
2025 EPS Forecast
$2.95
2025 EPS Forecast
$2.95
2026 EPS Forecast
$3.17
2026 EPS Forecast
$3.17
2026 EPS Forecast
$3.17
2027 EPS Forecast
$3.38
2027 EPS Forecast
$3.38
2028 EPS Forecast
$3.50
2029 EPS Forecast
$3.39
2030 EPS Forecast
$3.39
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%