TXNM trades 6.6% above Wall Street's consensus target of $53.31.
Last 12 months price action with 12-month analyst target path
The base valuation assumes TXNM achieves its forward estimates and maintains a stable P/E multiple of 19.5x. This scenario reflects the blended consensus of 7 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, TXNM Energy, Inc. (TXNM) has a Wall Street consensus price target of $53.31, based on estimates from 7 covering analysts. With the stock currently trading at $57.35, this represents a potential downside of -6.6%. The company has a market capitalization of $6.35B.
Analyst price targets range from a low of $47.00 to a high of $61.25, representing a 27% spread in expectations. The median target of $52.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, TXNM trades at a trailing P/E of 35.4x and forward P/E of 19.5x. Analysts expect EPS to grow +86.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $40.11, with bear and bull scenarios of $25.27 and $52.85 respectively. Model confidence stands at 33/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
PNWPinnacle West Capital Corporation | $12.4B | $102.43 | $103.00 | +0.7% | Hold | 21.6x | 25 |
NWENorthwestern Energy Group Inc | $4.3B | $69.96 | $66.33 | -5.1% | Hold | 18.7x | 18 |
AVAAvista Corporation | $3.3B | $39.71 | $39.00 | -1.9% | Hold | 15.3x | 15 |
OTTROtter Tail Corporation | $3.7B | $88.21 | $81.00 | -7.4% | Hold | 15.4x | 7 |
IDAIDACORP, Inc. | $7.9B | $142.72 | $148.33 | +4.2% | Buy | 22.3x | 13 |
XELXcel Energy Inc. | $49.2B | $78.81 | $90.36 | +16.7% | Buy | 18.8x | 27 |
AEEAmeren Corporation | $30.3B | $109.70 | $120.33 | +10.7% | Hold | 20.2x | 23 |
WECWEC Energy Group, Inc. | $36.8B | $113.04 | $123.25 | +9.9% | Hold | 20.0x | 35 |
EVRGEvergy, Inc. | $19.2B | $83.25 | $89.43 | +8.4% | Hold | 19.4x | 18 |
PORPortland General Electric Company | $5.8B | $50.19 | $53.40 | +6.4% | Hold | 14.8x | 23 |
Quick answers to the most common questions about buying TXNM stock.
Wall Street's consensus price target for TXNM is $53.31, -6.6% from its current price of $57.35. The below-market target from 7 analysts suggests limited near-term appreciation.
TXNM has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is predominantly bullish, with 4 Buy/Strong Buy ratings. The consensus 12-month price target of $53.31 implies -6.6% downside from current levels.
With a forward P/E of 19.4731x, TXNM trades at a relatively low valuation. The consensus target of $53.31 implies -6.6% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $61.25 for TXNM, while the most conservative target is $47. The consensus of $53.31 represents the median expectation. Our quantitative valuation model projects a bull case target of $53 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
TXNM is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month TXNM stock forecast based on 7 Wall Street analysts shows a consensus price target of $53.31, with estimates ranging from $47 (bear case) to $61.25 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $40, with bear/bull scenarios of $25/$53.
Our quantitative valuation model calculates TXNM's fair value at $40 (base case), with a bear case of $25 and bull case of $53. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 33/100.
TXNM trades at a forward P/E ratio of 19.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 35.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on TXNM, with 0 Sell ratings and a price target of $53.31 (-6.6% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
TXNM analyst price targets range from $47 to $61.25, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $53.31 consensus represents the middle ground. Our model's $25-$53 range provides an independent fundamental perspective.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.