SRE Stock Gets Mixed Analyst Update As Utilities Stay In Focus

With a net profit margin of 13.1%, Sempra (NYSE:SRE) is among the 11 Most Profitable Renewable Energy Stocks Right Now.

Sempra (NYSE:SRE) saw mixed analyst revisions on April 21, when Morgan Stanley lowered its price target to $104 from $105 while maintaining an Overweight rating. The firm was updating valuations across North American regulated and diversified utilities and noted that utilities had outperformed the broader market during March.

On the same day, Wells Fargo raised its price target on Sempra (NYSE:SRE) to $118 from $115 while also maintaining an Overweight rating. The firm revised first-quarter 2026 estimates following company discussions and increased valuation multiples for regulated utility names under coverage.

Sempra (NYSE:SRE) is a major North American utility holding company focused on electric and natural gas infrastructure. Through subsidiaries including San Diego Gas & Electric, Southern California Gas, and Oncor Electric Delivery, the company serves roughly 40 million consumers, while Sempra Infrastructure also owns and operates renewable and energy transition assets exceeding 1,000 MW of capacity.

Dual Overweight ratings from major firms reflect continued confidence in Sempra’s diversified regulated utility and infrastructure model. Its combination of stable utility earnings, transmission exposure, and energy transition assets supports an attractive long-term growth profile.

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