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SRE

Sempra Energy

NYSE: SRE · UTILITIES · UTILITIES - DIVERSIFIED

$92.64
-0.28% today

Updated 2026-04-29

Market cap
$60.89B
P/E ratio
33.89
P/S ratio
4.44x
EPS (TTM)
$2.75
Dividend yield
2.75%
52W range
$71 – $101
Volume
3.4M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Sempra Energy (SRE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$92.64
Consensus
$99.00
+6.87%
2030 Target
$277.76
+199.83%
DCF
$69.13
-31.90% MoS
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

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$466.24
$15.2B Rev × 20x P/S
Base case (2030)
$277.76
$15.2B Rev × 12x P/S
Bear case (2030)
$188.48
$15.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$15.8B$13.0B$13.7B$14.4B$13.9B$14.3B$14.7B$15.2B
Revenue growth—-18.0%5.8%5.2%-3.8%3.0%3.1%3.3%
EPS$7.01$4.62$4.72$5.15$5.58$6.02$6.47$6.96
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$267.84$257.92$257.92$267.84$277.76

Catalysts & 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's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.