SWXSWXUtilities · Utilities - Regulated Gas

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

Last close, 9 Sept 2026
$88
−1.15% on the day

The 8 Wall Street analysts covering Southwest Gas Holdings, Inc. hold a median 12-month price target of $103 — +17.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 60 of 100 as at 8 Sept 2026 — in the upper half.

Market cap
$6.4B
Ticker Nerd rank
60 / 100
Median analyst target
$103
Analysts covering
8
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
−1.7%
1M
−3.9%
YTD
+12.1%
1Y
+17.3%
From 52W high
−5.3%
From 52W low
+17.3%
$75
$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 8 Sept 2026
60 / 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
80
Volatility
71
Revisions
65
Accruals
64
Value
44
Quality
44
Growth
25
Size
20

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

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen 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$110Oct 25Jan 26Apr 26Jul 26SWXHigh $107Median $103Low $94

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 says8 analysts
8 Buy0 Hold0 Sell
Low $94Median $103High $107

The green dot is the last close — the median target sits +17.2% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
7 Aug 2026Wells FargoMaintainsOverweight$105$107
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
15 Aug 2024JP MorganMaintainsNeutral
7 Aug 2024Wells FargoMaintainsEqual-Weight
13 May 2024Wells FargoReinstatesEqual-Weight$77
29 Feb 2024CitigroupMaintainsNeutral

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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SWX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 9 Sept 2026, Southwest Gas Holdings, Inc. returned +17.3% against +18.5% for the S&P 500, dividends included.

SWX vs S&P 500, last 12 monthsTotal return, rebased to 100
100105110115120Oct 25Jan 26Apr 26Jul 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 movingNext fiscal year
EPS revision, 90 days
+0.7%
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
22.6×

Cheaper than 34% of US stocks

Price / sales
3.7×

Cheaper than 35% of US stocks

Price / book
1.5×

Cheaper than 55% of US stocks

EV / EBITDA
11.3×

Cheaper than 34% 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 65% 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
2.9%

Higher than 64% 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 $6.4B and an enterprise value of $9.7B.

  • 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: 22.6×; forward P/E: 17.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.94%, paying out 64% 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 9 Sept 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.$6.4B
60
BKHBlack Hills Corp.$5.7B
46
NJRNew Jersey Resources Corp.$5.4B
68
OGSONE Gas, Inc.$5.1B
50
UGIUGI Corp.$8.2B
48
BIPCBrookfield Infrastructure Corp.$5.0B
46
SRSpire Inc.$4.9B
30

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 Holdings Releases 2025 Sustainability Report

PRNewsWire · 8 Sept 2026positive

Southwest Gas Holdings, Inc. announced the release of its 2025 Sustainability Report, titled "Fueling Communities," which highlights the company's investments in strengthening safety and reliability, improving customer experience, and supporting communities.

Why it matters — For Southwest Gas watchers, the report underscores the company's ongoing commitment to sustainability and community investment, reinforcing its focus on safe and reliable operations.

Southwest Gas (SWX) Down 4% Since Last Earnings Report: Can It Rebound?

Zacks Investment Research · 4 Sept 2026negative

Southwest Gas (SWX) reported earnings 30 days ago, and its stock has declined 4% since that report. The article considers what may come next for the company's share price.

Why it matters — SWX watchers would care because the stock's post-earnings decline and the question of a potential rebound bear directly on near-term performance expectations.

OGS vs. SWX: Which Utility Stock Has Greater Investment Potential?

Zacks Investment Research · 17 Aug 2026neutral

Zacks Investment Research published a comparison of ONE Gas and Southwest Gas Holdings, examining their earnings growth, leverage, dividends, capital spending and stock performance in the context of rising natural gas demand.

Why it matters — The piece offers SWX watchers a side-by-side assessment of how the company stacks up against a peer utility on key financial and operational metrics.

Southwest Gas Q2 Earnings Call Highlights

MarketBeat · 9 Aug 2026positive

Southwest Gas reported second-quarter 2026 adjusted earnings per share from continuing operations of $0.45, up from $0.37 in the prior-year period, supported by lower parent-level interest expense and regulatory progress. Reported EPS from continuing operations was $0.58, including revenue recognized following a California rate-case decision.

Why it matters — The earnings improvement and favorable regulatory progress, including the California rate-case decision, indicate strengthening financial and regulatory performance for SWX.

Southwest Gas Holdings, Inc. (SWX) Q2 2026 Earnings Call Transcript

Seeking Alpha · 5 Aug 2026neutral

A transcript of Southwest Gas Holdings, Inc.'s Q2 2026 earnings call was published by Seeking Alpha. The excerpt provides no details on the company's financial results or commentary from the call.

Why it matters — Investors tracking SWX can review the Q2 2026 earnings call transcript for management's discussion of the company's recent performance.

FAQ

Frequently asked questions about SWX stock

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

The 8 Wall Street analysts covering Southwest Gas Holdings, Inc. have a median 12-month price target of $103, with estimates ranging from $94 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 8 analysts covering Southwest Gas Holdings, Inc., 8 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Southwest Gas Holdings, Inc. 60 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SWX?

As at 8 Sept 2026, Southwest Gas Holdings, Inc. ranks 60 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 8 analysts implies +17.2% from the last close, and Ticker Nerd's factor model ranks Southwest Gas Holdings, Inc. 60 out of 100 as at 8 Sept 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: $94 to $107 over the next 12 months.

How has SWX stock performed over the past year?

Southwest Gas Holdings, Inc. returned +17.3% over the 12 months to 9 Sept 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 (PRNewsWire, 8 Sept 2026): "Southwest Gas Holdings Releases 2025 Sustainability Report". Southwest Gas Holdings, Inc. announced the release of its 2025 Sustainability Report, titled "Fueling Communities," which highlights the company's investments in strengthening safety and reliability, improving customer experience, and supporting communities.

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