PNM : PNM Resources stock forecast, predictions, and share price target 2024 - 2025 - 2030 with analysis
| year | Average | Low | High | Change from close on 2024-10-04 |
|---|---|---|---|---|
| 2024 | $44.43 | $44.18 | $44.69 | 2.74% |
| 2025 | $42.4 | $40.87 | $44.6 | -1.96% |
| 2026 | $35.13 | $33.5 | $39.22 | -18.78% |
| 2027 | $42.58 | $36.88 | $50.64 | -1.56% |
| 2028 | $72.15 | $52.53 | $92.15 | 66.83% |
| 2029 | $105.38 | $95.2 | $112.4 | 143.65% |
| 2030 | $117.14 | $113.2 | $124.25 | 170.85% |
| 2031 | $141.24 | $127.76 | $147.72 | 226.58% |
| 2032 | $137.5 | $127.71 | $146.07 | 217.93% |
| 2033 | $115.13 | $107.77 | $125.76 | 166.19% |
| 2034 | $111.0 | $107.93 | $120.54 | 156.65% |
The 4 Wall Street analysts offering PNM Resources stock forecast in the last 6 months have average price target of
$43.0 with a high forecast of $46.0 and a low forecast of $38.0.
The average PNM Resources stock forecast represents a -0.58%
decrease from the last price of $43.25.
For PNM Resources stock forecast for 2024, 2 predictions are offered for each month of 2024 with average PNM Resources stock
forecast of $44.43, a high forecast of $44.69, and a low forecast of $44.18.
The average PNM Resources stock forecast 2024 represents a 2.74%
increase from the last price of $43.25.
For PNM Resources stock forecast for 2025, 12 predictions are offered for each month of 2025 with average PNM Resources stock
forecast of $42.4, a high forecast of $44.6, and a low forecast of $40.87.
The average PNM Resources stock forecast 2025 represents a -1.96%
decrease from the last price of $43.25.
For PNM Resources stock forecast for 2027, 12 predictions are offered for each month of 2027 with average PNM Resources stock
forecast of $42.58, a high forecast of $50.64, and a low forecast of $36.88.
The average PNM Resources stock forecast 2027 represents a -1.56%
decrease from the last price of $43.25.
For PNM Resources stock forecast for 2029 (5 year), 12 predictions are offered for each month of 2029 with average PNM Resources stock
forecast of $105.38, a high forecast of $112.4, and a low forecast of $95.2.
The average PNM Resources stock forecast 2029 represents a 143.65%
increase from the last price of $43.25.
For PNM Resources stock forecast 2030, 12 predictions are offered for each month of 2030 with average PNM Resources stock
forecast of $117.14, a high forecast of $124.25, and a low forecast of $113.2.
The average PNM Resources stock forecast 2030 represents a 170.85%
increase from the last price of $43.25.
For PNM Resources stock forecast for 2034 (10 year), 10 predictions are offered for each month of 2034 with average PNM Resources stock
forecast of $111.0, a high forecast of $120.54, and a low forecast of $107.93.
The average PNM Resources stock forecast 2034 represents a 156.65%
increase from the last price of $43.25.
Please, see more forecasts below.
PNM : PNM Resources stock forecast by Wall Street Analysts
The average PNM Resources stock forecast from last 6 month is $43.0, and this show a 8.08% increase in average from the prior price target of the each prediction. Also, this average forecast of $43.0 represents a 3.19% increase from the past average forecast of $41.67, 6 months ago from 3 wall street analysts.
| Date | Firm | previous price target | current price target | current rating |
|---|---|---|---|---|
| 2024-08-01 | Wells Fargo | $41.0000 | $46.0000 | Overweight |
| 2024-07-22 | Barclays | $43.00 | $45.0000 | Overweight |
| 2024-05-30 | Evercore ISI Group | $38 | In-Line | |
| 2024-04-15 | Barclays | $40.00 | $43.0000 | Overweight |
| 2024-02-08 | Barclays | $40.0000 | Overweight | |
| 2024-01-03 | Mizuho | $41.0000 | Neutral | |
| 2024-01-03 | Wells Fargo | $44.0000 | Overweight |
PNM Resources stock forecast for upcoming days
| Date | Price Target | Change |
|---|---|---|
| 2024-10-07 | $43.27 | 0.04% |
| 2024-10-08 | $43.27 | 0.01% |
| 2024-10-09 | $43.51 | 0.57% |
| 2024-10-10 | $43.40 | -0.26% |
| 2024-10-11 | $43.25 | -0.35% |
PNM : Long term PNM Resources stock forecast for 2024 - 2025 - 2030
Forecast for 2024 Nov. is $44.18 , for 2025 Oct. is $43.22 , for 2028 Oct. is $85.19 , for 2029 Oct. is $110.50 , for 2033 Oct. is $108.96 , and for 2034 Oct. is $120.54.
PNM : PNM Resources stock forecast for 2024
| Date | Price Target | Change |
|---|---|---|
| 2024 Nov. | $44.18 | 2.15% |
| 2024 Dec. | $44.69 | 1.14% |
PNM : PNM Resources stock forecast for 2025
| Date | Price Target | Change |
|---|---|---|
| 2025 Jan. | $44.60 | -0.19% |
| 2025 Feb. | $43.85 | -1.68% |
| 2025 Mar. | $42.85 | -2.28% |
| 2025 Apr. | $41.98 | -2.03% |
| 2025 May. | $41.49 | -1.17% |
| 2025 Jun. | $41.37 | -0.28% |
| 2025 Jul. | $41.61 | 0.57% |
| 2025 Aug. | $42.00 | 0.94% |
| 2025 Sep. | $42.57 | 1.37% |
| 2025 Oct. | $43.22 | 1.52% |
| 2025 Nov. | $42.40 | -1.90% |
| 2025 Dec. | $40.87 | -3.61% |
PNM : PNM Resources stock forecast for 2026
| Date | Price Target | Change |
|---|---|---|
| 2026 Jan. | $39.22 | -4.03% |
| 2026 Feb. | $37.62 | -4.08% |
| 2026 Mar. | $36.23 | -3.70% |
| 2026 Apr. | $35.15 | -2.97% |
| 2026 May. | $34.38 | -2.20% |
| 2026 Jun. | $33.82 | -1.61% |
| 2026 Jul. | $33.55 | -0.81% |
| 2026 Aug. | $33.50 | -0.15% |
| 2026 Sep. | $33.67 | 0.50% |
| 2026 Oct. | $34.05 | 1.12% |
| 2026 Nov. | $34.67 | 1.83% |
| 2026 Dec. | $35.67 | 2.88% |
PNM : PNM Resources stock forecast for 2027
| Date | Price Target | Change |
|---|---|---|
| 2027 Jan. | $36.88 | 3.38% |
| 2027 Feb. | $38.11 | 3.34% |
| 2027 Mar. | $39.09 | 2.56% |
| 2027 Apr. | $39.39 | 0.78% |
| 2027 May. | $39.50 | 0.26% |
| 2027 Jun. | $40.20 | 1.76% |
| 2027 Jul. | $41.53 | 3.33% |
| 2027 Aug. | $43.17 | 3.94% |
| 2027 Sep. | $45.51 | 5.41% |
| 2027 Oct. | $47.69 | 4.80% |
| 2027 Nov. | $49.20 | 3.16% |
| 2027 Dec. | $50.64 | 2.94% |
PNM : PNM Resources stock forecast for 2028
| Date | Price Target | Change |
|---|---|---|
| 2028 Jan. | $52.53 | 3.72% |
| 2028 Feb. | $55.30 | 5.28% |
| 2028 Mar. | $58.88 | 6.49% |
| 2028 Apr. | $62.79 | 6.63% |
| 2028 May. | $66.68 | 6.20% |
| 2028 Jun. | $70.42 | 5.61% |
| 2028 Jul. | $74.03 | 5.13% |
| 2028 Aug. | $77.68 | 4.92% |
| 2028 Sep. | $81.38 | 4.76% |
| 2028 Oct. | $85.19 | 4.68% |
| 2028 Nov. | $88.80 | 4.24% |
| 2028 Dec. | $92.15 | 3.78% |
PNM : PNM Resources stock forecast for 2029
| Date | Price Target | Change |
|---|---|---|
| 2029 Jan. | $95.20 | 3.30% |
| 2029 Feb. | $97.89 | 2.83% |
| 2029 Mar. | $100.24 | 2.40% |
| 2029 Apr. | $102.29 | 2.05% |
| 2029 May. | $104.09 | 1.75% |
| 2029 Jun. | $105.66 | 1.51% |
| 2029 Jul. | $107.05 | 1.31% |
| 2029 Aug. | $108.28 | 1.15% |
| 2029 Sep. | $109.42 | 1.06% |
| 2029 Oct. | $110.50 | 0.99% |
| 2029 Nov. | $111.51 | 0.91% |
| 2029 Dec. | $112.40 | 0.81% |
PNM : PNM Resources stock forecast for 2030
| Date | Price Target | Change |
|---|---|---|
| 2030 Jan. | $113.20 | 0.71% |
| 2030 Feb. | $113.93 | 0.64% |
| 2030 Mar. | $114.69 | 0.67% |
| 2030 Apr. | $115.51 | 0.71% |
| 2030 May. | $116.20 | 0.60% |
| 2030 Jun. | $116.58 | 0.33% |
| 2030 Jul. | $116.76 | 0.15% |
| 2030 Aug. | $116.98 | 0.19% |
| 2030 Sep. | $117.58 | 0.51% |
| 2030 Oct. | $118.89 | 1.11% |
| 2030 Nov. | $121.15 | 1.90% |
| 2030 Dec. | $124.25 | 2.56% |
PNM : PNM Resources stock forecast for 2031
| Date | Price Target | Change |
|---|---|---|
| 2031 Jan. | $127.76 | 2.83% |
| 2031 Feb. | $131.32 | 2.78% |
| 2031 Mar. | $134.79 | 2.65% |
| 2031 Apr. | $138.06 | 2.42% |
| 2031 May. | $140.85 | 2.02% |
| 2031 Jun. | $142.99 | 1.52% |
| 2031 Jul. | $144.50 | 1.06% |
| 2031 Aug. | $145.63 | 0.78% |
| 2031 Sep. | $146.73 | 0.75% |
| 2031 Oct. | $147.45 | 0.49% |
| 2031 Nov. | $147.72 | 0.19% |
| 2031 Dec. | $147.14 | -0.39% |
PNM : PNM Resources stock forecast for 2032
| Date | Price Target | Change |
|---|---|---|
| 2032 Jan. | $146.07 | -0.73% |
| 2032 Feb. | $145.04 | -0.70% |
| 2032 Mar. | $143.96 | -0.74% |
| 2032 Apr. | $142.70 | -0.88% |
| 2032 May. | $141.10 | -1.12% |
| 2032 Jun. | $139.09 | -1.43% |
| 2032 Jul. | $136.82 | -1.63% |
| 2032 Aug. | $134.58 | -1.64% |
| 2032 Sep. | $132.62 | -1.46% |
| 2032 Oct. | $130.95 | -1.27% |
| 2032 Nov. | $129.39 | -1.19% |
| 2032 Dec. | $127.71 | -1.30% |
PNM : PNM Resources stock forecast for 2033
| Date | Price Target | Change |
|---|---|---|
| 2033 Jan. | $125.76 | -1.52% |
| 2033 Feb. | $123.57 | -1.74% |
| 2033 Mar. | $121.18 | -1.93% |
| 2033 Apr. | $118.82 | -1.95% |
| 2033 May. | $116.83 | -1.68% |
| 2033 Jun. | $115.13 | -1.45% |
| 2033 Jul. | $113.43 | -1.48% |
| 2033 Aug. | $111.74 | -1.49% |
| 2033 Sep. | $110.21 | -1.37% |
| 2033 Oct. | $108.96 | -1.14% |
| 2033 Nov. | $108.11 | -0.78% |
| 2033 Dec. | $107.77 | -0.32% |
PNM : PNM Resources stock forecast for 2034
| Date | Price Target | Change |
|---|---|---|
| 2034 Jan. | $107.93 | 0.15% |
| 2034 Feb. | $108.02 | 0.08% |
| 2034 Mar. | $108.02 | -0.00% |
| 2034 Apr. | $108.07 | 0.05% |
| 2034 May. | $108.42 | 0.32% |
| 2034 Jun. | $109.14 | 0.67% |
| 2034 Jul. | $110.55 | 1.28% |
| 2034 Aug. | $112.94 | 2.17% |
| 2034 Sep. | $116.40 | 3.06% |
| 2034 Oct. | $120.54 | 3.56% |
Frequently Asked Questions about PNM Resources stock forecast
Is PNM Resources a good long term stock?
From PNM Resources stock forecast , PNM Resources (PNM) stock can be a good investment choice. According to AIPickup, the PNM Resources stock price forecast for 2024 Nov. is $44.1805337830747 From PNM Resources stock forecast , PNM Resources (PNM) stock cannot be a good investment choice. According to AIPickup, the PNM Resources stock price forecast for 2025 Oct. is $43.2216417881754 From PNM Resources stock forecast , PNM Resources (PNM) stock can be a good investment choice. According to AIPickup, the PNM Resources stock price forecast for 2028 Oct. is $85.1859651767467 From PNM Resources stock forecast , PNM Resources (PNM) stock can be a good investment choice. According to AIPickup, the PNM Resources stock price forecast for 2029 Oct. is $110.502110721236 From PNM Resources stock forecast , PNM Resources (PNM) stock can be a good investment choice. According to AIPickup, the PNM Resources stock price forecast for 2033 Oct. is $108.959879842293 From PNM Resources stock forecast , PNM Resources (PNM) stock can be a good investment choice. According to AIPickup, the PNM Resources stock price forecast for 2034 Oct. is $120.538325459429
Is PNM Resources stock overvalued?
PNM Resources (PNM) stock is expected to go DOWN . Therefore, AIPickup would say that PNM Resources (PNM) stock is overvalued.
Will PNM Resources stock price go up?
No. The PNM Resources stock price forecast for 2025 Oct. is $43.2216417881754
Is PNM Resources stock a good buy now?
Since closing price on 2024-10-04 is $43.25 and forecast for 2025 Oct. is $43.22, PNM Resources stock is not a good 1 year investment.
14 Days Historical Data for PNM Resources stock price
| Date | Close | Open | Low | High |
|---|---|---|---|---|
| PNM stock price for 2024-09-17 | $43.23 | $43.16 | $43.02 | $43.57 |
| PNM stock price for 2024-09-18 | $43.06 | $43.31 | $42.96 | $43.47 |
| PNM stock price for 2024-09-19 | $43.03 | $43.09 | $42.55 | $43.24 |
| PNM stock price for 2024-09-20 | $42.99 | $43.53 | $42.58 | $43.53 |
| PNM stock price for 2024-09-23 | $43.16 | $43.09 | $43.03 | $43.43 |
| PNM stock price for 2024-09-24 | $43.19 | $42.95 | $42.82 | $43.60 |
| PNM stock price for 2024-09-25 | $43.12 | $42.85 | $42.85 | $43.53 |
| PNM stock price for 2024-09-26 | $43.12 | $43.22 | $43.00 | $43.37 |
| PNM stock price for 2024-09-27 | $43.52 | $43.39 | $43.21 | $43.66 |
| PNM stock price for 2024-09-30 | $43.77 | $43.53 | $43.33 | $43.81 |
| PNM stock price for 2024-10-01 | $44.10 | $43.80 | $43.30 | $44.17 |
| PNM stock price for 2024-10-02 | $44.05 | $44.38 | $43.82 | $44.83 |
| PNM stock price for 2024-10-03 | $43.67 | $43.99 | $43.63 | $44.28 |
| PNM stock price for 2024-10-04 | $43.25 | $43.46 | $43.08 | $43.63 |