The Southern Company — Wall Street Analyst Estimates & Price Targets

NYSEUtilitiesRegulated ElectricCIK 0000092122southerncompany.comAbout SO

Last close · Oct 16, 202691.18+2.00 (+2.24%)

Market cap$104.9B

5 firms' latest targets, last 90 days: median $93.00 ($74.00–$106.00), 2% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 5 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-16	Barclays	$92.00	$98.00	▼ 6%	+3%	+1%
2026-10-15	Truist	$93.00	$97.00	▼ 4%	+4%	+2%
2026-10-13	KeyBanc	$74.00	$79.00	▼ 6%	-15%	-19%
2026-07-31	Mizuho Securities	$106.00	$105.00	▲ 1%	+12%	+16%
2026-07-27	BMO Capital	$104.00	$102.00	▲ 2%	+7%	+14%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$25.3B	-14%	$3.62	+11%	est. $26.7B-5%	est. $3.60	8
2024reported	$26.7B	+6%	$3.99	+10%	est. $26.2B+2%	est. $4.05	10
2025reported	$29.6B	+11%	$3.92	-2%	est. $28.5B+4%	est. $4.29	12
2026	$30.6B	+3%	$4.59	+7%	$30.4B–$30.8B	$4.55–$4.62	12
2027	$32.4B	+6%	$4.93	+7%	$31.9B–$33.0B	$4.85–$4.97	13
2028	$34.5B	+7%	$5.38	+9%	$31.8B–$37.8B	$5.21–$5.49	14
2029	$36.6B	+6%	$5.78	+7%	$35.3B–$37.8B	$5.52–$6.04	8
2030	$38.9B	+6%	$6.19	+7%	$37.6B–$40.3B	$5.91–$6.47	12

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$93.00median target, 2% above the last close

Firms with a target · last 90 days: 5
Lowest – highest target: $74.00 – $106.00
Current grades of 16 firms: positive / neutral / negative: 5 / 9 / 2
Upgrades / downgrades · 12 months: 4 / 4
Consensus revenue growth · next 3 FY: +5% a year

Current grades

each firm's latest · 16 firms

As of	Firm	Grade
2026-10-16	Barclays	“Equal Weight”
2026-10-15	Truist	“Hold”
2026-10-13	J.P. Morgan	“Neutral”
2026-10-13	Keybanc	“Underweight”
2026-09-25	Citigroup	“Buy”
2026-09-18	Morgan Stanley	“Underweight”
2026-07-27	BMO Capital	“Outperform”
2026-04-20	Seaport Global	“Neutral”
2026-03-06	TD Cowen	“Buy”
2026-03-05	Evercore ISI	“Outperform”

6 more

2026-02-20	Scotiabank	“Sector Perform”
2026-02-20	Wells Fargo	“Equal Weight”
2026-02-20	Mizuho	“Outperform”
2025-12-17	UBS	“Neutral”
2025-12-15	Jefferies	“Neutral”
2025-12-12	RBC Capital	“Sector Perform”

Grade changes

last 24 months · 13

Date	Firm	Grade
2026-07-23	Keybanc	“Sector Weight” → “Underweight” downgrade
2026-04-20	Seaport Global	“Buy” → “Neutral” downgrade
2026-03-05	Evercore ISI	“In Line” → “Outperform” upgrade
2026-03-04	Keybanc	“Underweight” → “Sector Weight” upgrade
2026-02-20	Mizuho	“Neutral” → “Outperform” upgrade
2026-02-20	Wells Fargo	“Underweight” → “Equal Weight” upgrade
2026-01-20	Wells Fargo	“Equal Weight” → “Underweight” downgrade
2025-11-05	Jefferies	“Buy” → “Neutral” downgrade
2025-10-17	Ladenburg Thalmann	“Buy” → “Neutral” downgrade
2025-10-03	Scotiabank	“Sector Outperform” → “Sector Perform” downgrade

50 more

2025-06-05	Jefferies	“Hold” → “Buy” upgrade
2025-05-14	Keybanc	“Sector Weight” → “Underweight” downgrade
2025-04-08	J.P. Morgan	“Underweight” → “Neutral” upgrade
2024-09-16	Mizuho	“Outperform” → “Neutral” downgrade
2024-08-02	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2024-04-04	UBS	“Buy” → “Neutral” downgrade
2024-01-11	BMO Capital	“Market Perform” → “Outperform” upgrade
2023-10-16	Scotiabank	“Sector Perform” → “Sector Outperform” upgrade
2023-09-13	Bank of America	“Underperform” → “Neutral” upgrade
2023-08-10	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2023-04-20	Mizuho	“Neutral” → “Buy” upgrade
2023-01-17	Keybanc	“Overweight” → “Sector Weight” downgrade
2022-12-12	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2022-10-24	Bank of America	“Neutral” → “Underperform” downgrade
2022-10-20	Keybanc	“Sector Weight” → “Overweight” upgrade
2022-08-04	UBS	“Neutral” → “Buy” upgrade
2022-04-07	Keybanc	“Overweight” → “Sector Weight” downgrade
2022-02-07	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2022-02-07	Bank of America	“Buy” → “Neutral” downgrade
2022-01-25	Evercore ISI	“Underperform” → “In Line” upgrade
2021-12-15	Scotiabank	“Sector Outperform” → “Sector Perform” downgrade
2021-12-06	Mizuho	“Underperform” → “Neutral” upgrade
2021-09-07	Guggenheim	“Neutral” → “Buy” upgrade
2021-02-22	Credit Suisse	“Neutral” → “Outperform” upgrade
2021-01-21	Evercore ISI	“In Line” → “Underperform” downgrade
2021-01-19	Bank of America	“Neutral” → “Buy” upgrade
2020-12-01	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2020-11-24	BMO Capital	“Market Perform” → “Perform” revised
2020-09-21	Barclays	“Equal Weight” → “Overweight” upgrade
2020-09-10	Mizuho	“Neutral” → “Underperform” downgrade
2020-05-21	UBS	“Neutral” → “Sell” downgrade
2020-05-04	Credit Suisse	“Underperform” → “Neutral” upgrade
2020-04-13	Argus Research	“Hold” → “Buy” upgrade
2020-01-17	KeyBanc	“Sector Weight” → “Overweight” upgrade
2019-05-03	Evercore ISI	“In Line” → “Outperform” upgrade
2019-02-22	Evercore ISI	“Underperform” → “In Line” upgrade
2019-01-25	Citigroup	“Sell” → “Neutral” upgrade
2018-10-10	Bank of America	“Underperform” → “Neutral” upgrade
2018-08-09	Credit Suisse	“Neutral” → “Underperform” downgrade
2018-08-09	Guggenheim	“Buy” → “Neutral” downgrade
2018-08-09	Barclays	“Overweight” → “Equal Weight” downgrade
2018-06-22	Citigroup	“Sell” → “Neutral” upgrade
2018-05-05	Argus	“Buy” → “Hold” downgrade
2018-01-23	Mizuho	“Buy” → “Neutral” downgrade
2018-01-11	Goldman Sachs	“Neutral” → “Sell” downgrade
2017-09-29	RBC Capital	“Sector Perform” → “Outperform” upgrade
2017-09-14	Guggenheim	“Neutral” → “Buy” upgrade
2017-08-01	Deutsche Bank	“Hold” → “Buy” upgrade
2017-03-03	Argus	“Buy” → “Hold” downgrade
2017-03-03	Jefferies	“Hold” → “Buy” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.