SM Energy (SM) Stock Price Target 2026

The average analyst price target for SM Energy is $41.14, 39.7% above the current price. Of 15 analysts, 10 rate it Buy, 4 Hold and 1 Sell. Targets range from $29 to $60. The latest change came on Nov 6, 2026, when Susquehanna lowered its price target on SM Energy from $44 to $33 and kept a Neutral rating.

The Average Analyst Price Target for SM Energy is $41.14.

Price Target Range — 12 Quarters

Analyst Consensus — 15 Analysts

10Buy

4Hold

1Sell

Consensus RatingBuy# Analysts15Avg. Consensus PT$41.14Upside to Avg. PT+39.7%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for SM Energy Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 6, 2026	Susquehanna	Charles Minervino	PT Cut	Neutral	$44→$33
Nov 5, 2026	Truist Securities	Gabe Daoud	PT Cut	Buy	$48→$47
Nov 5, 2026	Wells Fargo	Sam Margolin	PT Cut	Overweight	$47→$46
Oct 20, 2026	Susquehanna	Charles Minervino	PT Raise	Neutral	$32→$44
Oct 15, 2026	Scotiabank	Mark Lear	Initiate	Sector Perform	$39
Oct 7, 2026	Truist Securities	Gabe Daoud	PT Raise	Buy	$43→$48
Sep 15, 2026	Keybanc	Tim Rezvan	PT Raise	Overweight	$39→$46
Sep 14, 2026	UBS	Peyton Dorne	PT Raise	Buy	$36→$48
Sep 3, 2026	Seaport Global	Vin Lovaglio	Initiate	Sell	$35
Aug 13, 2026	Wells Fargo	Sam Margolin	Upgrade	Equal-Weight→Overweight	$32→$47
Aug 10, 2026	Truist Securities	Gabe Daoud	PT Raise	Buy	$37→$43
Jul 21, 2026	Raymond James	John Freeman	PT Cut	Outperform	$55→$48
Jul 21, 2026	Susquehanna	Charles Minervino	PT Raise	Neutral	$31→$32
Jul 15, 2026	UBS	Peyton Dorne	Initiate	Buy	$36
Jul 7, 2026	Truist Securities	Gabe Daoud	PT Cut	Buy	$39→$37
Jul 7, 2026	Stephens & Co.	Mike Scialla	PT Cut	Overweight	$61→$52
Jul 7, 2026	Mizuho	William Janela	PT Cut	Outperform	$38→$37
Jun 22, 2026	Roth Capital	Leo Mariani	Upgrade	Neutral→Buy	$30→$32
May 27, 2026	Mizuho	William Janela	PT Raise	Outperform	$34→$38
May 20, 2026	Raymond James	John Freeman	Upgrade	Underperform→Outperform	$55