Siebert Williams Shank & Co. Lifts PT on SM Energy (SM) to $43 From $39

SM Energy Company (NYSE:SM) is one of the top oversold NYSE stocks to buy now. On August 1, analyst Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on SM Energy Company (NYSE:SM), raising the price target to $43.00 from $39.00.

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 analyst based the rating on SM Energy Company’s (NYSE:SM) favorable financial metrics and solid operational performance, stating that the company reported a robust quarter with oil production surpassing expectations. This positively affected key financial figures, including Free Cash Flow, EBITDA, and Discretionary Cash Flow per Share (DCFPS).

SM Energy Company (NYSE:SM) reported its fiscal Q2 2025 results on July 31, with adjusted EBITDAX for the quarter reaching $569.6 million, up $83.6 million, or 17%, from $485.9 million in the same period in 2024. The company also reported $113.9 million in adjusted free cash flow.

Sorbara added that despite a rise in capital expenditures, the lower cash taxes and increased production levels are anticipated to support these metrics further, supporting the optimistic outlook.

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.

While we acknowledge the potential of SM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SM and that has 100x upside potential, check out our report about this cheapest AI stock.

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