Mizuho Raises PT on SM Energy Company (SM) to $44 From $42, Keeps an Outperform Rating

SM Energy Company (NYSE:SM) is one of the top cheap stocks that will go to the moon according to Reddit. On August 1, Mizuho raised the firm’s price target on SM Energy Company (NYSE:SM) to $44 from $42, keeping an Outperform rating on the shares.

Is SM Energy Company (SM) The Most Undervalued Stock With Smart Money Ratings?

A large oil tanker on the horizon, highlighting the wealth of resources this company brings.

The firm told investors that it believes the company’s Q2 should bring more confidence in its potential to execute on the Uinta integration.

SM Energy Company (NYSE:SM) reported record net quarterly production of 19.0 MMBoe, or 209.1 MBoe/d, in Q2 2025, exceeding expectations at 5% above the midpoint of guidance.

SM Energy Company (NYSE:SM) also paid down its revolving credit facility balance to zero, ending the quarter with a $101.9 million cash balance. Management stated that the company expects to attain its target leverage metric of 1.0x by year-end at current commodity prices.

SM Energy Company (NYSE:SM) is an independent energy company that engages in the exploration, development, acquisition, and production of gas, oil, and natural gas liquids.

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Disclosure: None. This article is originally published at Insider Monkey.