SWXSWXUtilities · Utilities - Regulated Gas

SWX Stock Forecast: Southwest Gas Holdings, Inc. Price Predictions for 2026-2027

Last close, 30 Oct 2026
$93
−0.04% on the day

The 10 Wall Street analysts covering Southwest Gas Holdings, Inc. hold a median 12-month price target of $103 — +10.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 31 Oct 2026 — in the upper half.

Market cap
$6.7B
Ticker Nerd rank
52/ 100
Median analyst target
$103
Analysts covering
10
Revenue$358.2M−68.0% y/y
Operating income$84.3M
Net income$42.1M
Free cash flow−$174.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+2.1%
1M
+14.2%
YTD
+18.8%
1Y
+19.9%
From 52W high
−0.0%
From 52W low
+21.5%
$77
$93
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

SWX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Southwest Gas Holdings, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 31 Oct 2026
52/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
90
Momentum
85
Accruals
65
Revisions
59
Quality
43
Volatility
39
Value
38
Growth
25
Size
19

Issuance (90): The share count has been shrinking and the company is not leaning on new borrowing.

Growth (25): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (19): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

SWX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SWX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$70$80$90$100$110Jan 26Apr 26Jul 26Oct 26SWXHigh $107Median $103Low $92

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says10 analysts
10 Buy0 Hold0 Sell
Low $92Median $103High $107

The green dot is the last close — the median target sits +10.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
20 Oct 2026JP MorganMaintainsOverweight$102 → $101
29 Sept 2026ScotiabankInitiatesSector Outperform$95
29 Sept 2026ScotiabankInitiatesSector Outperform—
7 Aug 2026Wells FargoMaintainsOverweight$105 → $107
7 Aug 2026Wells FargoMaintainsOverweight—
9 June 2026MizuhoMaintainsOutperform—
9 June 2026MizuhoMaintainsOutperform$96 → $98
12 May 2026Wells FargoInitiatesOverweight—
7 May 2026JP MorganUpgradeOverweight—
6 May 2026CitigroupMaintainsBuy—
15 Jan 2026CitigroupUpgradeBuy—
29 Oct 2025MizuhoInitiatesOutperform—
10 Sept 2025JefferiesMaintainsBuy—
29 Aug 2025B of A SecuritiesUpgradeBuy—
8 July 2025JefferiesUpgradeBuy—
28 May 2025JP MorganMaintainsNeutral—
23 May 2025B of A SecuritiesUpgradeNeutral—
28 Jan 2025JP MorganMaintainsNeutral—
13 Dec 2024B of A SecuritiesReinstatesUnderperform$73
25 Sept 2024Wells FargoMaintainsEqual-Weight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

SWX appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

SWX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 30 Oct 2026, Southwest Gas Holdings, Inc. returned +19.9% against +12.4% for the S&P 500, dividends included.

SWX vs S&P 500, last 12 monthsTotal return, rebased to 100
95100105110115120Jan 26Apr 26Jul 26Oct 26SWXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

SWX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
+1.2%
Analysts raising
2
Analysts cutting
0
Fundamentals

Southwest Gas Holdings, Inc. (SWX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
23.3×

Cheaper than 32% of US stocks

Price / sales
3.9×

Cheaper than 30% of US stocks

Price / book
1.6×

Cheaper than 50% of US stocks

EV / EBITDA
11.6×

Cheaper than 32% of US stocks

Growth & margins
Revenue growth (YoY)
−9.6%

Higher than 16% of US stocks

Earnings growth (YoY)
−68.0%

Higher than 7% of US stocks

Gross margin
51.9%

Higher than 64% of US stocks

Operating margin
24.2%

Higher than 83% of US stocks

Net margin
31.4%

Higher than 90% of US stocks

Returns & dividend
Return on equity
6.8%

Higher than 56% of US stocks

Return on assets
2.8%

Higher than 64% of US stocks

Dividend yield
2.8%

Higher than 85% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Southwest Gas Holdings, Inc. (SWX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Southwest Gas Holdings, Inc. has a market value of $6.7B and an enterprise value of $10.0B.

  • Revenue in the twelve months to 30 June 2026: $1.7B. The latest quarter shrank 9.6% year on year.

  • Net income over the same four quarters: $516.8M, a 29.7% net margin.

  • Diluted earnings per share, trailing twelve months: $7.66.

  • Free cash flow in the twelve months to 30 June 2026: −$527.8M, after $974.5M of capital spending.

  • Southwest Gas Holdings, Inc. spent $180.9M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 72.4M.

  • Trailing P/E: 23.3×; forward P/E: 18.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.77%, paying out 63% of earnings.

  • Southwest Gas Holdings, Inc. employs 2,453 people — $710K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 31 Oct 2026

Data provided by Twelve Data

Peers

SWX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Gas
CompanyMarket capTKN rank
SWXSouthwest Gas Holdings, Inc.$6.7B52
BKHBlack Hills Corp.$6.3B41
UGIUGI Corp.$8.3B62
NJRNew Jersey Resources Corp.$5.4B70
SRSpire Inc.$5.2B31
BIPCBrookfield Infrastructure Corp.$5.0B48
OGSONE Gas, Inc.$4.9B41

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Southwest Gas Holdings, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest SWX news & analysis

Southwest Gas (SWX) Reports Next Week: Wall Street Expects Earnings Growth

Zacks Investment Research · 28 Oct 2026positive

Zacks says Southwest Gas has two key ingredients associated with a likely earnings beat ahead of its upcoming report. The article highlights key expectations for the report.

Why it matters — SWX watchers may note the article’s earnings-beat framing as they follow the upcoming report.

Southwest Gas Holdings, Inc. to Report Third Quarter 2026 Results on November 4, 2026

PRNewsWire · 22 Oct 2026neutral

Southwest Gas Holdings will release its third-quarter 2026 results before markets open on November 4, 2026, and host an earnings conference call and webcast at 11:00 a.m. ET that day.

Why it matters — SWX watchers can follow the scheduled results release and listen to management’s conference call on the company website.

Southwest Gas Holdings Declares Fourth Quarter 2026 Dividend

PRNewsWire · 14 Oct 2026neutral

Southwest Gas Holdings declared a fourth-quarter 2026 cash dividend of $0.645 per share, payable December 1 to shareholders of record November 16. The dividend represents $2.58 per share on an annualized basis.

Why it matters — SWX watchers may note the declared dividend amount and its payment and record dates.

Southwest Gas: 12 Months On From Centuri Divestiture

Seeking Alpha · 25 Sept 2026positive

Twelve months after divesting Centuri, Southwest Gas Holdings has become a pure-play regulated utility with stable earnings growth and renewed dividend increases following a three-year suspension. The company's $6.3 billion 2026–2030 capital plan supports strong EPS growth projections, with analysts estimating potential share price gains and a dividend yield on cost of roughly 5% by 2030.

Why it matters — This item is relevant to SWX watchers because it highlights the company's post-divestiture transformation into a pure-play regulated utility with resumed dividends and a substantial multi-year capital plan supporting projected earnings growth.

Can Infrastructure Investments Drive SWX's Long-Term Growth?

Zacks Investment Research · 24 Sept 2026positive

Southwest Gas has announced plans for $6.3 billion in capital investments through 2030, targeting annual rate-base growth of 9.5-11.5% and adjusted EPS growth of 12-14%.

Why it matters — A SWX watcher would care because the company's planned infrastructure investments and targeted growth rates indicate its long-term expansion strategy.

FAQ

Frequently asked questions about SWX stock

What is the SWX stock price forecast for 2026-2027?

The 10 Wall Street analysts covering Southwest Gas Holdings, Inc. have a median 12-month price target of $103, with estimates ranging from $92 to $107. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is SWX stock a buy right now?

Of the 10 analysts covering Southwest Gas Holdings, Inc., 10 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Southwest Gas Holdings, Inc. 52 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SWX?

As at 31 Oct 2026, Southwest Gas Holdings, Inc. ranks 52 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (90 of 100).

Will SWX stock go up?

No one can know that. What the data says: the median 12-month target from 10 analysts implies +10.7% from the last close, and Ticker Nerd's factor model ranks Southwest Gas Holdings, Inc. 52 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the SWX stock forecast for 2030?

No analyst covering Southwest Gas Holdings, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SWX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $92 to $107 over the next 12 months.

How has SWX stock performed over the past year?

Southwest Gas Holdings, Inc. returned +19.9% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Southwest Gas Holdings, Inc. do?

Southwest Gas Holdings, Inc. is a regulated energy utility holding company that provides natural gas service through its subsidiary Southwest Gas Corporation.

What is the latest news on SWX?

The most recent item we track (Zacks Investment Research, 28 Oct 2026): "Southwest Gas (SWX) Reports Next Week: Wall Street Expects Earnings Growth". Zacks says Southwest Gas has two key ingredients associated with a likely earnings beat ahead of its upcoming report. The article highlights key expectations for the report.

Company

About Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc. is a regulated energy utility holding company that provides natural gas service through its subsidiary Southwest Gas Corporation. The company purchases, distributes, and transports natural gas for residential, commercial, and industrial customers across Arizona, Nevada, and portions of California. Its operations center on dependable utility delivery, tariff-based sales, and transportation services, supported by a pipeline transmission system and LNG storage assets. Southwest Gas Holdings also serves the market through utility infrastructure activities, including construction, installation, replacement, and maintenance services for gas, electric, and water systems. Headquartered in Las Vegas, Nevada, Southwest Gas Holdings plays an important role in the U.S. utility sector by supporting core energy distribution and related infrastructure across the Southwest.

CEO Mr. Justin Lee Brown · 2,453 employees · United States · https://www.swgasholdings.com