PNM Resources, Inc.
NYSE:PNM
$ 37.78
+ $0.07 (0.19%)
$ 37.78
+ $0.07 (0.19%)
End-of-day quote: 05/03/2024

PNM - PNM Resources Stock Prediction 2025 - 2030

20 years of reliable PNM Resources stock forecast. The Wall Street analysts predict Outperform for PNM. See at a glance whether NYSE:PNM will rise in the future.

$56.51
Forecast 2023
$59.12 $59.12 $59.12
Forecast 2025
$67.86
Forecast 2030
Outperform
TopGraphs Quality Ranking
Forecast 2023
$56.51
Forecast 2025
$59.12 $59.12 $59.12
Forecast 2030
$67.86
TopGraphs Quality Ranking
Outperform

Company Info

P/E
0.00
Beta
0.36
Price-to-book Ratio
1.45
Market Cap
3.34B
TEV
8.38 B
Dividend
$1.55
Div Yld
4.11%
Forecast 1Y
51.50%
Forecast 2Y
65.10%
Analyst Price Target
$50.20

PNM Resources Price Chart

1M 3M YTD 1Y 2Y 5Y 10Y 20Y

PNM Resources Stock Forecast 2023

$42.00

In the last five quarters, PNM Resources’s Price Target has fallen from $57.34 to $50.20 - a -12.45% decrease. Four analysts predict that PNM Resources’s share price will fall in the coming year, reaching $42.00. This would represent a decrease of -16.33%.

11.17%
11.17
Last update: 05/04/2024

Highest Price Target $55.00

Average Price Target $42.00

Lowest Price Target $40.00

PNM Resources Stock Prediction 2025

PNM Resources Stock Predictions for Jan 2025.

In January 2025 analysts predict a stock price of $56.55. An increase of 49.67% compared to the previous month's estimate.

PNM Resources Stock Predictions for Feb 2025.

In February 2025 analysts predict a stock price of $56.78. An increase of 50.29% compared to the previous month's estimate.

PNM Resources Stock Predictions for Mar 2025.

In March 2025 analysts predict a stock price of $57.01. An increase of 50.91% compared to the previous month's estimate.

PNM Resources Stock Predictions for Apr 2025.

In April 2025 analysts predict a stock price of $57.25. An increase of 51.53% compared to the previous month's estimate.

PNM Resources Stock Predictions for May 2025.

In May 2025 analysts predict a stock price of $57.48. An increase of 52.15% compared to the previous month's estimate.

PNM Resources Stock Predictions for Jun 2025.

In June 2025 analysts predict a stock price of $57.72. An increase of 52.77% compared to the previous month's estimate.

PNM Resources Stock Predictions for Jul 2025.

In July 2025 analysts predict a stock price of $57.95. An increase of 53.39% compared to the previous month's estimate.

PNM Resources Stock Predictions for Aug 2025.

In August 2025 analysts predict a stock price of $58.18. An increase of 54% compared to the previous month's estimate.

PNM Resources Stock Predictions for Sep 2025.

In September 2025 analysts predict a stock price of $58.42. An increase of 54.62% compared to the previous month's estimate.

PNM Resources Stock Predictions for Oct 2025.

In October 2025 analysts predict a stock price of $58.65. An increase of 55.24% compared to the previous month's estimate.

PNM Resources Stock Predictions for Nov 2025.

In November 2025 analysts predict a stock price of $58.88. An increase of 55.86% compared to the previous month's estimate.

PNM Resources Stock Predictions for Dec 2025.

In December 2025 analysts predict a stock price of $59.12. An increase of 56.48% compared to the previous month's estimate.

PNM Resources Stock Forecast 2030

Stock Forecast for the Price of an PNM Resources Share in Jan 2030.

In January 2030, analysts believe the stock price will be $67.88. An increase of 79.68% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Feb 2030.

In February 2030, analysts believe the stock price will be $67.88. An increase of 79.68% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Mar 2030.

In March 2030, analysts believe the stock price will be $67.88. An increase of 79.67% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Apr 2030.

In April 2030, analysts believe the stock price will be $67.88. An increase of 79.67% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in May 2030.

In May 2030, analysts believe the stock price will be $67.88. An increase of 79.66% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Jun 2030.

In June 2030, analysts believe the stock price will be $67.87. An increase of 79.66% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Jul 2030.

In July 2030, analysts believe the stock price will be $67.87. An increase of 79.65% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Aug 2030.

In August 2030, analysts believe the stock price will be $67.87. An increase of 79.64% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Sep 2030.

In September 2030, analysts believe the stock price will be $67.87. An increase of 79.64% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Oct 2030.

In October 2030, analysts believe the stock price will be $67.87. An increase of 79.63% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Nov 2030.

In November 2030, analysts believe the stock price will be $67.86. An increase of 79.63% compared to the previous month's estimate.

Stock Forecast for the Price of an PNM Resources Share in Dec 2030.

In December 2030, analysts believe the stock price will be $67.86. An increase of 79.62% compared to the previous month's estimate.

P/E
0.00
Beta
0.36
Price-to-book Ratio
1.45
Market Cap
3.34B
TEV
8.38 B
Dividend
$1.55
Div Yld
4.11%
Forecast 1Y
51.50%
Forecast 2Y
65.10%
Analyst Price Target
$50.20

PNM Resources Analyst Ratings Frequently Asked Questions

Who are the analysts watching PNM Resources, Inc.?

The following analysts have recently covered PNM Resources:

Argus Research Company
BofA Global Research
Citigroup Inc
G. Research, LLC
Marktfeld
Mizuho Securities USA LLC
RBC Capital Markets
Siebert Williams Shank & Co., LLC
Wells Fargo Securities, LLC
Citigroup Inc. Research
S&P Global Ratings
Barclays
(This information refers to the last 90 days.)

Who are the sell-side analysts watching PNM Resources, Inc.?

The following sell-side analysts have recently covered PNM Resources:

Hovis, Gary F.
Levine, Ryan Michael
Winter, Timothy Michael
Paraskevopoulos, Michail
Tucker, Shelby Gardner
Ellinghaus, Christopher Ronald
Reeder, Jonathan Garrett
Crowdell, Anthony Christopher
ElGamal, Omar
Campanella, Nicholas Joseph
Cole, Francis
(This information refers to the last 90 days.)