San Diego, California-based Sempra (SRE) is an energy services holding company involved in the sale, distribution, storage, and transportation of electricity and natural gas. The company has a market capitalization of $51.5 billion and operates through the Sempra California, Sempra Texas Utilities, and Sempra Infrastructure segments.
Sempra’s shares have lagged behind the broader market over the past year, declining 16% compared to the S&P 500 Index’s ($SPX) 12.2% surge. Moreover, in 2026, the stock has fallen nearly 10.8%, underperforming the SPX’s 10.3% rise as well.
More Top Stocks Daily: Go behind Wall Street’s hottest headlines with Barchart’s Active Investor newsletter.
Zooming in, the State Street Utilities Select Sector SPDR ETF (XLU) has declined 2.4% over the past year, outpacing the stock. In 2026, XLU has grown 2.6% and has also outperformed the stock.
www.barchart.com On Nov. 5, SRE stock declined 3.7% following the release of its mixed Q3 2026 earnings. The company’s revenue for the quarter amounted to $3.2 billion, coming short of the Street’s estimates. However, its adjusted EPS came in at $1.40, surpassing the consensus estimates. Sempra expects full-year earnings in the range of $4.80 to $5.30 per share.
For the current year, which ends in December, analysts expect SRE’s EPS to rise 9.6% to $5.14 on a diluted basis. The company has met or surpassed the consensus estimate in each of the last four quarters.
Among the 21 analysts covering SRE stock, the consensus is a “Moderate Buy.” That’s based on 14 “Strong Buy” ratings, one “Moderate Buy,” and six “Holds.”
www.barchart.com The configuration has remained largely unchanged in recent months.
On Nov. 6, Barclays analyst Nicholas Campanella maintained a “Buy” rating for SRE stock and set a price target of $90.
SRE’s mean price target of $97.45 indicates a premium of 23.7% from the current market price. Its Street-high target of $118 implies a robust 49.8% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
Dear Intuitive Machines Stock Fans, Mark Your Calendars for November 12 McDonald's Stock Is Up 24% in the Last Month - Is MCD Near a Peak? Don’t Chase the Arm Stock Dip Yet. What Patient Investors Should Wait for Before They Buy. Fervo Energy's Backlog Surges to $11.9 Billion on a Google Deal Built to Survive Data Center Delays