TXNM Energy Stock Soars 10.88% on Bullish Earnings Outlook

On May 1, 2025, TXNM Energy's stock surged by 10.88% in pre-market trading, reflecting a significant bullish sentiment among investors.

TXNM Energy's earnings are projected to increase by 3.30% in the coming year, rising from $2.73 to $2.82 per share. This growth is expected to bolster investor confidence in the company's financial health and future prospects.

Analysts have set a consensus target price of $53.57 for TXNM Energy, indicating a potential downside of 0.15%. Despite this, the company's higher possible upside has garnered positive attention from analysts, who see it as a more affordable investment compared to other energy stocks like DTE Energy.