Rating Change
Wells Fargo analysts upgraded SM Energy Company (NYSE:SM) from Equal-Weight to Overweight on August 13, 2026.
upgradeNYSE:SM
SM Energy Company (SM) Upgraded to Overweight at Wells Fargo
Wells Fargo analysts upgraded SM Energy Company (NYSE:SM) from Equal-Weight to Overweight on August 13, 2026.
At publication ·
What changed
SM Energy Company (NYSE:SM) · upgrade
- Firm
- Wells Fargo
- Rating
- Equal-Weight to Overweight
- Price at event
- $32.42
- Market capitalization
- $2.3B
At a glance
Key takeaways
- Wells Fargo upgraded SM Energy Company from Equal-Weight to Overweight on August 13, 2026, suggesting analysts see improving fundamentals or a more favorable risk-reward profile.
Market Context
SM Energy Company operates in the Energy sector. The stock currently trades at $32.42 with a market capitalization of $2.3B. The stock has gained 24.9% over the past 52 weeks.
Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. Wells Fargo's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for SM Energy Company
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 13, 2026 | Wells Fargo | Overweight | N/A |
| Aug 10, 2026 | Truist Securities | Buy | N/A |
| Jul 21, 2026 | Susquehanna | Neutral | N/A |
| Jul 21, 2026 | Raymond James | Outperform | N/A |
| Jul 15, 2026 | UBS | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View SM Stock Page
Frequently Asked Questions
What does the Overweight rating mean for SM?
A rating of Overweight from Wells Fargo reflects the analyst's outlook on SM Energy Company (NYSE:SM). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the SM forecast page.