# TXNM Energy (TXNM) — Analyst Forecast

TXNM · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/txnm/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 27, 2025 | Jefferies | Downgraded | Buy → Hold | $61.25 |
| Oct 9, 2025 | Citigroup | Maintained | Neutral | $61.25 |
| May 21, 2025 | Barclays | Maintained | Overweight | $61.00 |
| May 20, 2025 | Scotiabank | Maintained | Sector Perform | $60.00 |
| Mar 18, 2025 | Barclays | Maintained | Overweight | $57.00 |
| Mar 11, 2025 | Mizuho | Upgraded | Neutral → Outperform | $53.00 |
| Mar 4, 2025 | Barclays | Maintained | Overweight | $56.00 |
| Mar 3, 2025 | Mizuho | Maintained | Neutral | $53.00 |
| Feb 24, 2025 | Scotiabank | Maintained | Sector Perform | $55.00 |
| Feb 11, 2025 | Evercore ISI Group | Upgraded | In-Line → Outperform | $54.00 |
| Dec 12, 2024 | Scotiabank | Maintained | Sector Perform | $52.00 |
| Dec 12, 2024 | Citigroup | Maintained | Neutral | $53.00 |
| Nov 29, 2024 | Barclays | Maintained | Overweight | $52.00 |
| Nov 26, 2024 | Wells Fargo | Maintained | Overweight | $53.00 |
| Oct 16, 2024 | Wells Fargo | Maintained | Overweight | $49.00 |
| Oct 15, 2024 | Barclays | Maintained | Overweight | $46.00 |
| Oct 10, 2024 | Scotiabank | Initiated Coverage | Sector Perform | $46.00 |
| Oct 2, 2024 | Jefferies | Initiated Coverage | Buy | $50.00 |
| Aug 1, 2024 | Wells Fargo | Maintained | Overweight | $46.00 |
| Jul 22, 2024 | Barclays | Maintained | Overweight | $45.00 |

## Frequently Asked Questions

### What is the latest analyst rating on TXNM?

On Oct 27, 2025, Jefferies downgraded TXNM Energy to Hold with a price target of $61.25.

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).