SRE
Sempra Energy
NYSE: SRE · UTILITIES · UTILITIES - DIVERSIFIED
$92.29
+0.82% today
Updated 2026-06-12
Market cap
$58.54B
P/E ratio
30.46
P/S ratio
4.32x
EPS (TTM)
$2.94
Dividend yield
2.97%
52W range
$71 – $101
Volume
3.4M
Sempra Energy (SRE) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed SRE price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$92.29
Today
Analyst consensus
$99.00
+7.27% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
14 analysts:
8 Buy4 Hold0 Sell
Management guidance
Sempra has not provided explicit multi-year revenue targets in available guidance. However, the company announced a $47.5B base capital plan for 2026-2030 through its ONCOR subsidiary, indicating significant infrastructure investment and regulated utility growth. Management is executing a business simplification strategy focusing on regulated utility operations with targeted 7-9% long-term EPS growth.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
SRE · Sempra Energy · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
SRE financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $13.7B | $14.4B | $13.9B | $14.3B | $14.7B | $15.2B |
| Revenue growth | 5.8% | 5.2% | -3.8% | 3.0% | 3.1% | 3.3% |
| Net margin | — | — | — | — | — | — |
| EPS | $4.72 | $5.15 | $5.58 | $6.02 | $6.47 | $6.96 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $267.84 | $257.92 | $257.92 | $267.84 | $277.76 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $15.2B | $15.2B | $15.2B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because SRE is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
SRE catalysts and risks
Growth catalysts
+ KKR partnership and asset rationalization reducing financial leverage
+ Ecogas México sale and Sempra Infrastructure Partners stake divestiture redirecting capital to regulated utilities
+ Port Arthur LNG expansion driving long-term energy infrastructure revenue growth
+ Increased ONCOR capital deployment ($47.5B 2026-2030) supporting regulated rate base growth
+ Regulatory clarity and favorable utility rate recovery mechanisms in California and Texas
Key risks
- Ongoing securities fraud investigations by Schall Law Firm and Pomerantz LLP related to 2024 earnings miss creating earnings volatility and investor uncertainty
- Regulatory risk in California (Track 2 decision estimated $471M after-tax impact) affecting earnings predictability
- High valuation (36.1x P/E, 19.03x forward P/E) limiting upside potential despite growth catalysts
- Margin compression in capital-intensive LNG infrastructure projects impacting near-term profitability
- Integration execution risk on major capital projects and business simplification initiatives
Methodology · Sempra Energy 2030 stock forecast model
Sempra Energy 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for SRE by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
SRE price target FAQ
How is the Sempra Energy 2030 stock forecast calculated?
The SRE 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on SRE stock?
14 analysts cover SRE with an average 12-month price target of $99.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.