Susquehanna Reiterates a Hold Rating on SM Energy Company (SM)

SM Energy Company (NYSE:SM) is one of the most oversold energy stocks to buy right now. On July 23, Susquehanna analyst Biju Perincheril maintained a Hold rating on SM Energy Company (NYSE:SM) and set a price target of $27.00.

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.

SM Energy Company (NYSE:SM) reported net production of 17.8 MMBoe, or 197.3 MBoe/d, at 53% oil or 103.7 MBbls/d, in fiscal Q1 2025, at the high end of guidance. Management attributed this performance to the company’s Uinta Basin assets exceeding expectations.

SM Energy Company (NYSE:SM) also reported a 36% growth in total daily production and a 63% rise in daily oil production in Q1 2025 compared to the same quarter last year. This growth was driven primarily by the addition of the Uinta Basin assets.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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