Southwest Gas Holdings, Inc. (SWX)

Southwest Gas Holdings Stock Forecast

Stock Price Forecast

According to 4 professional analysts, the 12-month price target for Southwest Gas Holdings stock ranges from a low of $75 to a high of $91. The average analyst price target of $84.5 forecasts a 6.85% increase in the stock price over the next year.

Price Target: $84.50 (+6.85%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$75	$84.5	$88	$91
Change	-5.16%	+6.85%	+11.28%	+15.07%

* Price targets were last updated on Oct 29, 2025.

Analyst Ratings

The average analyst rating for Southwest Gas Holdings stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	2	2	2	2	2
Buy	0	0	0	1	1	1
Hold	3	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gabriel Moreen Mizuho	Mizuho	Buy Initiates $91	Buy	Initiates	$91	+15.07%	Oct 29, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $82 → $88	Strong Buy	Maintains	$82 → $88	+11.28%	Sep 10, 2025
Ross Fowler B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $76 → $84	Hold → Strong Buy	Upgrades	$76 → $84	+6.22%	Aug 29, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $74 → $82	Hold → Strong Buy	Upgrades	$74 → $82	+3.69%	Jul 8, 2025
Richard Sunderland JP Morgan	JP Morgan	Hold Maintains $79 → $75	Hold	Maintains	$79 → $75	-5.16%	May 28, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.46B

Decreased by -12.72%

from 5.11B

Revenue Next Year

3.50B

Decreased by -21.65%

from 4.46B

EPS This Year

3.69

Increased by 33.71%

from 2.76

EPS Next Year

4.15

Increased by 12.33%

from 3.69

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.30B	3.68B	4.96B	5.43B	5.11B	4.46B	3.50B
Revenue Growth	5.74%	11.57%	34.77%	9.56%	-5.92%	-12.72%	-21.65%
EPS	4.14	3.39	-3.10	2.13	2.76	3.69	4.15
EPS Growth	5.08%	-18.12%	-	-	29.58%	33.71%	12.33%
Forward PE	-	-	-	-	-	21.43	19.08
No. Analysts	-	-	-	-	-	9	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.7B	5.9B
Avg	4.5B	3.5B
Low	3.3B	2.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	11.6%	33.2%
Avg	-12.7%	-21.6%
Low	-36.4%	-53.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.94	4.63
Avg	3.69	4.15
Low	3.49	3.85

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	42.6%	25.4%
Avg	33.7%	12.3%
Low	26.5%	4.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.