Southwest Gas Holdings, Inc. (SWX) Stock Analysis

Q: What is the SWX stock price target?

Entry $81.66, take-profit $92.53 (+13.3% upside). Target $92.53 (-1.1%), stop $78.30 (−19.5%), A.R:R -1.8:1.

Breakout setup

HoldModerate ConfidenceUpdated 2026-05-01

Utilities · Utilities - Regulated Gas

Earnings in 3 days (2026-05-05). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

$93.53+13.3% A.UpsideScore 4.4/10#14 of 14 Utilities - Regulated Gas

Entry $81.66(200-day MA)Stop $78.30Target $92.53(resistance)A.R:R -1.8:1Setup A.R:R 3.2:1

Analyst target$95.86+2.5%7 analysts

$92.53our TP

$93.53price

$95.86mean

$84

$109

Hold if already holding. Not a fresh buy at $93.53, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Arizona (53.0%); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Downgraded from BUY WAIT — price $93.45 has reached target $92.53. No upside to wait for. Score 4.4/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: moderate.

Thesis

Rewards

No bull case signals

Risks

Concentration risk — Geographic: Arizona (53.0%)

Analyst target reached - limited upside remaining

Near 52-week high (1.0% away)

Key Metrics

P/E (TTM)28.9

P/E (Fwd)19.2

Mkt Cap$6.8B

EV/EBITDA11.8

Profit Mgn22.7%

ROE6.1%

Rev Growth-13.1%

Beta0.59

Dividend2.74%

Rating analysts12

Quality Signals

Piotroski F4/9

Options Flow

P/C0.15bullish

IV51%elevated

Concentration Risks(10-K Item 1A)

HIGHGeographicArizona53%
10-K Item 1A: 'For the year ended December 31, 2025, 53% of our operating margin came from Arizona, 35% came from Nevada and 12% came from California.'

Material Events(8-K, last 90d)

2026-02-25Item 5.02HIGH
CEO Karen Haller resigned effective May 8, 2026; will remain as employee/advisor through December 31, 2026 at $95,000/month. Resignation not due to any disagreement with the Companies. No permanent successor named.
SEC filing →
2026-02-12Item 1.02MEDIUM
Southwest Gas Holdings and the Icahn Group mutually terminated the Amended and Restated Cooperation Agreement dated October 14, 2025 on February 11, 2026. All rights and obligations terminated; three Icahn-nominated directors remain on board.
SEC filing →
2026-02-11Item 5.02LOW
Director Anne Mariucci notified Southwest Gas Holdings she will not stand for re-election at 2026 annual meeting and will retire from the board at that time. No disagreements cited.
SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers

Overall = weighted sum of the 10 dimension scores. Fundamentals (Value/Quality/Growth) carry 45%; market signals (Momentum/Sentiment/Insider/Peer) carry 40%; structure (Technical/Risk/Catalyst) carries 15%.

DimensionScoreWeightContribution

Value5.115%0.76

Quality4.815%0.72

Growth0.015%0.00

Momentum6.810%0.68

Sentiment6.210%0.62

Insider Activity5.010%0.50

Peer Rank2.610%0.26

Technical Setup4.15%0.20

Risk Profile7.85%0.39

Catalyst6.05%0.30

Overall (Σ contributions)4.44

Small float-rounding may cause last-digit differences between this sum and the displayed Overall.

Revenue shrinking — -13.1% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth

0.0

Earnings Growth

0.0

Declining revenue: -13%

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank

0.0

Value Rank

0.7

Quality Rank

4.6

Best-in-class margins

GatesA.R:R -1.8=NEGATIVEEARNINGS PROXIMITY 3d<=7dMomentum 6.8>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARBreakoutSuitability: Moderate

RSI

60 · Neutral

↑ 20D MA↑ 50D MA↑ 200D MAGOLDEN CROSSSupport $87.84Resistance $94.42

Price Targets

$78

$82

$93

A.Upside-1.1%

A.R:R-1.8:1

Setup A.R:R (at entry)3.2:1

Position Sizing

ConvictionNone

Suggested %0.5%

Max %1%

RegimeSteady

Risk Alerts

! Target reached (-10.8% upside)

! Earnings in 3 days - binary event risk

! Negative risk/reward — downside exceeds upside

Earnings

1/4 beats

Next Earnings2026-05-05 (3d)

Verdict History

reverse chrono — latest first

Loading history...

Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.

Frequently Asked Questions

Is SWX stock a buy right now?

Hold if already holding. Not a fresh buy at $93.53, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Arizona (53.0%); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Downgraded from BUY WAIT — price $93.45 has reached target $92.53. No upside to wait for. Target $92.53 (-1.1%), stop $78.30 (−19.5%), A.R:R -1.8:1. Score 4.4/10, moderate confidence.

What is the SWX stock price target?

Take-profit target: $92.53 (+13.3% upside). Target $92.53 (-1.1%), stop $78.30 (−19.5%), A.R:R -1.8:1. Stop-loss: $78.30.

What are the risks of investing in SWX?

Concentration risk — Geographic: Arizona (53.0%); Analyst target reached - limited upside remaining; Near 52-week high (1.0% away).

Is SWX overvalued or undervalued?

Southwest Gas Holdings, Inc. trades at a P/E of 28.9 (forward 19.2). TrendMatrix value score: 5.1/10. Verdict: Hold.

What do analysts say about SWX?

12 analysts cover SWX with a consensus score of 4.4/5. Average price target: $96.

What does Southwest Gas Holdings, Inc. do?Southwest Gas Holdings distributes natural gas to approximately 2.281 million customers across Arizona, Nevada, and...

Southwest Gas Holdings distributes natural gas to approximately 2.281 million customers across Arizona, Nevada, and California through its subsidiary Southwest Gas; the company is solely natural gas distribution following deconsolidation of Centuri in August 2025. Revenue from regulated distribution tariffs with operating margin heavily weighted to residential and small commercial customers (85% in 2025); 53% of operating margin from Arizona, 35% from Nevada, 12% from California.