Siebert Williams Shank Upgrades SM Energy (NYSE:SM) to Buy

Posted by Stanley Muller on May 16th, 2026

SM Energy (NYSE:SM – Get Free Report) was upgraded by investment analysts at Siebert Williams Shank from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a $41.00 price objective on the energy company’s stock, up from their previous price objective of $30.00. Siebert Williams Shank’s price target indicates a potential upside of 25.87% from the stock’s current price.

Several other brokerages also recently issued reports on SM. JPMorgan Chase & Co. raised SM Energy from a “neutral” rating to an “overweight” rating and set a $40.00 price target for the company in a report on Friday, March 20th. KeyCorp raised their price target on SM Energy from $29.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, April 2nd. TD Cowen cut their price target on SM Energy from $36.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Stephens raised their price target on SM Energy from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Wells Fargo & Company raised their price target on SM Energy from $25.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $35.07.

View Our Latest Research Report on SM

SM Energy Trading Up 3.8%

NYSE SM opened at $32.57 on Thursday. The company has a market cap of $7.81 billion, a PE ratio of 13.69 and a beta of 0.73. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.98. SM Energy has a 12 month low of $17.45 and a 12 month high of $33.25. The stock has a 50 day moving average of $29.06 and a 200-day moving average of $22.97.

SM Energy (NYSE:SM – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.42. SM Energy had a return on equity of 13.93% and a net margin of 3.45%.The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the firm posted $1.76 EPS. The company’s quarterly revenue was up 75.0% on a year-over-year basis. On average, equities research analysts anticipate that SM Energy will post 7.18 EPS for the current fiscal year.

Institutional Investors Weigh In On SM Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Torren Management LLC lifted its holdings in shares of SM Energy by 4,561.1% during the first quarter. Torren Management LLC now owns 839 shares of the energy company’s stock worth $26,000 after buying an additional 821 shares in the last quarter. Center for Financial Planning Inc. acquired a new stake in shares of SM Energy during the first quarter worth $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of SM Energy during the first quarter worth $33,000. Assetmark Inc. acquired a new stake in shares of SM Energy during the first quarter worth $35,000. Finally, First Horizon Corp acquired a new stake in shares of SM Energy during the third quarter worth $30,000. Institutional investors and hedge funds own 94.56% of the company’s stock.

About SM Energy

(Get Free Report)

SM Energy Company (NYSE: SM) is an independent energy firm engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company focuses on identifying and exploiting unconventional onshore basins, leveraging advanced drilling and completion techniques to optimize resource recovery. SM Energy’s operations are supported by an integrated approach to reservoir management and strategic midstream partnerships, enabling efficient transportation and marketing of hydrocarbons.

The company’s core asset areas include prolific basins such as the Permian, Eagle Ford, and the Rocky Mountain region.