50/100BAtmos Energy stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Atmos Energy is 181.71, 2.5% above the current price of 177.28. Their targets range from 167.00 to 200.00.
Of the 11 firms that rated Atmos Energy in the past 12 months, 2 rate it buy or strong buy, 9 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 167.00 to 200.00, with an average of 181.71.
| Buy | 2 | |
| Hold | 9 | |
| Sell | 0 |
12-month price target
| Highest target | 200.00 |
| Average target | 181.71 |
| Lowest target | 167.00 |
| Current price | 177.28 |
Atmos Energy price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Atmos Energy price target and rating?
How analysts rate Atmos Energy, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
2 of 11 firms rate it buy now, against 1 of 8 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Atmos Energy analyst upgrades, downgrades and price targets
The latest rating change came on 11 September 2026, when JP Morgan downgraded Atmos Energy from Overweight to Neutral. The most recent new target came from Truist Financial on 15 October 2026: 174.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 15 Oct 2026 | Truist Financial Richard Sunderland | Reiterated · Hold | 179.00 → 174.00 | -2.8% | 163.94 |
| 1 Oct 2026 | Jefferies Julian Dumoulin-Smith | Reiterated · Hold | 167.00 | — | 156.44 |
| 18 Sept 2026 | Morgan Stanley | Reiterated · Equal Weight | 196.00 → 179.00 | -8.7% | 160.21 |
| 11 Sept 2026 | JP Morgan | Downgraded · Overweight → Neutral | — | — | — |
| 13 Aug 2026 | Truist Financial | Reiterated · Hold | 187.00 → 179.00 | -4.3% | 170.03 |
| 22 Jul 2026 | Morgan Stanley | — | 190.00 → 196.00 | +3.2% | 176.52 |
| 14 Jul 2026 | Barclays | Reiterated · Equal Weight | 167.00 → 183.00 | +9.6% | 179.50 |
| 13 Jul 2026 | Wells Fargo Constantine Lednev | — | 200.00 | — | 176.20 |
| 2 Jul 2026 | Argus Research Marie Ferguson | Reiterated · Buy | 172.00 → 185.00 | +7.6% | 174.76 |
| 24 Jun 2026 | Morgan Stanley | — | 183.00 → 190.00 | +3.8% | 172.40 |
| 29 May 2026 | Mizuho Securities Gabriel Moreen | Reiterated · Neutral | 180.00 → 184.00 | +2.2% | 173.01 |
| 21 May 2026 | Morgan Stanley | — | 195.00 → 183.00 | -6.2% | 175.58 |
| 18 May 2026 | Truist Financial | Reiterated · Hold | 187.00 | — | 176.48 |
| 21 Apr 2026 | Morgan Stanley | Reiterated · Equal Weight | 192.00 → 195.00 | +1.6% | 184.19 |
| 20 Feb 2026 | Morgan Stanley | — | 180.00 → 192.00 | +6.7% | 180.38 |
| 27 Jan 2026 | Barclays | Reiterated · Equal Weight | 165.00 → 167.00 | +1.2% | 168.50 |
| 21 Jan 2026 | Morgan Stanley | — | 172.00 → 180.00 | +4.7% | 167.87 |
| 15 Jan 2026 | Barclays | Reiterated · Equal Weight | 172.00 → 165.00 | -4.1% | 168.72 |
| 17 Dec 2025 | UBS | Reiterated · Neutral | 159.00 → 174.00 | +9.4% | 168.00 |
| 16 Dec 2025 | Morgan Stanley | Downgraded · Overweight → Equal Weight | 182.00 → 172.00 | -5.5% | 170.77 |
| 2 Dec 2025 | Mizuho Securities Gabriel Moreen | Reiterated · Neutral | 170.00 → 180.00 | +5.9% | 171.72 |
| 20 Nov 2025 | Morgan Stanley | — | 181.00 → 182.00 | +0.6% | 174.87 |
Atmos Energy EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Atmos Energy's EPS to grow 9.4% a year until 2028, about as fast as over the last 5 years (8.8% a year) and the last 3 years (10.0%).
Analysts expect Atmos Energy's revenue to grow 8.9% a year until 2028. Over the last 5 years it grew 10.8% a year, and over the last 3 years 3.8%.
Revenue
EPS
Does Atmos Energy beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 3.9% off the result, either way, and their revenue estimate 10.6%, over the last 12 quarters.
- EPS beats
- 86 / 134
- Revenue beats
- 67 / 118
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +3.9%
- Since
- February 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q4 FY2026 | 4 Nov 2026 | 1.14 | 1.17 | +2.6% | 873.77M | 750.00M | -14.2% |
| Q3 FY2026 | 5 Aug 2026 | 1.35 | 1.43 | +5.9% | 900.82M | 879.06M | -2.4% |
| Q2 FY2026 | 6 May 2026 | 3.41 | 3.47 | +1.8% | 1.94B | 1.96B | +1.1% |
| Q1 FY2026 | 4 Feb 2026 | 2.44 | 2.44 | 0.0% | 1.30B | 1.34B | +3.6% |
| Q4 FY2025 | 5 Nov 2025 | 0.99 | 1.07 | +8.1% | 721.30M | 739.48M | +2.5% |
| Q3 FY2025 | 6 Aug 2025 | 1.14 | 1.16 | +1.8% | 822.15M | 838.77M | +2.0% |
| Q2 FY2025 | 7 May 2025 | 2.89 | 3.03 | +4.8% | 1.67B | 1.95B | +16.6% |
| Q1 FY2025 | 4 Feb 2025 | 2.20 | 2.23 | +1.4% | 1.35B | 1.18B | -12.9% |
| Q4 FY2024 | 6 Nov 2024 | 0.80 | 0.86 | +7.5% | 878.39M | 638.01M | -27.4% |
| Q3 FY2024 | 7 Aug 2024 | 1.05 | 1.08 | +2.9% | 816.86M | 701.55M | -14.1% |
| Q2 FY2024 | 9 May 2024 | 2.61 | 2.85 | +9.2% | 1.54B | 1.65B | +7.1% |
| Q1 FY2024 | 7 Feb 2024 | 2.05 | 2.08 | +1.5% | 1.50B | 1.16B | -22.9% |
Atmos Energy stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Atmos Energy's earnings keep growing at the 7.2% a year analysts expect to FY2029, it would earn about 12.03 a share in FY2031. At the P/E it has traded at over the last five years (17.2 to 22.6) that is 207.25 to 272.44 a share, or 233.70 at its average P/E of 19.4. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 9.06 | 156.06 | 175.98 | 205.16 |
| FY2028 | 9.77 | 168.23 | 189.70 | 221.15 |
| FY2029 | 10.47 | 180.44 | 203.47 | 237.21 |
| FY2030 (extrapolated) | 11.23 | 193.38 | 218.06 | 254.22 |
| FY2031 (extrapolated) | 12.03 | 207.25 | 233.70 | 272.44 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 7.2% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (17.2, 19.4, 22.6).
Is Atmos Energy stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Atmos Energy's P/E of 20.9 is above the middle of its 5-year range (16.7 to 24.7, median 20.3). Analysts expect faster growth than in recent years, which can explain part of the high P/E. Buyers pay about the usual price for each point of growth: a PEG of 2.2 on expected growth against 2.3 on its median P/E and past five years' growth. At its usual P/E (20.3 × EPS of 8.49), Atmos Energy's fair value is 172.39, close to the price of 177.28. Its forward P/E, on the consensus for FY2027, is 19.6.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (16.7 and 24.7). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 20.88
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 20.31
- Five-year P/E range
- 16.7 – 24.7
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 19.57
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 2.91
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +2.5%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.