Chip Demand in Automotive Industry: The demand for chips in the automotive sector is not expected to recover until the end of the year, according to the CEO of Soitec, a French semiconductor-materials company.
Impact of Vehicle Evolution: As vehicles have become more advanced and reliant on sophisticated digital platforms, the automotive industry's downturn has significantly affected the semiconductor market, which has traditionally relied on car manufacturers.
ATO
$168+Infinity%1D
Analyst Views on ATO
Wall Street analysts forecast ATO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ATO is 180.57 USD with a low forecast of 172.00 USD and a high forecast of 188.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast ATO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ATO is 180.57 USD with a low forecast of 172.00 USD and a high forecast of 188.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
4 Hold
0 Sell
Moderate Buy
Current: 170.750
Low
172.00
Averages
180.57
High
188.00
Current: 170.750
Low
172.00
Averages
180.57
High
188.00
Morgan Stanley
Overweight -> Equal Weight
downgrade
$182 -> $172
2025-12-16
New
Reason
Morgan Stanley
Price Target
$182 -> $172
2025-12-16
New
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley downgraded Atmos Energy to Equal Weight from Overweight with a price target of $172, down from $182, as part of its 2026 outlook for the utilities group. Utility share performance will be driven by data centers and growth upside in 2026 "with no slowing of activity or relief to grid tightness," the analyst tells investors in a research note. Morgan Stanley recommends investors avoid political and regulatory risk, especially in an active election year.
Mizuho
Gabriel Moreen
Neutral
maintain
$170 -> $180
2025-12-02
Reason
Mizuho
Gabriel Moreen
Price Target
$170 -> $180
2025-12-02
maintain
Neutral
Reason
Mizuho analyst Gabriel Moreen raised the firm's price target on Atmos Energy to $180 from $170 and keeps a Neutral rating on the shares. The firm updated the company's model post last month's fiscal Q4 report. Atmos Energy's fundamentals and execution remain strong, but the stock's valuation already reflects these attributes, the analyst tells investors in a research note.
Morgan Stanley
David Arcaro
maintain
$167 -> $181
2025-10-22
Reason
Morgan Stanley
David Arcaro
Price Target
$167 -> $181
2025-10-22
maintain
Reason
Morgan Stanley analyst David Arcaro raised the firm's price target on Atmos Energy to $181 from $167 and keeps an Overweight rating on the shares. The firm is updating its price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, the analyst tells investors. In September, utilities outperformed the S&P, the firm notes. Heading into Q3, the firm expects a key focus for utilities to be on the evolution of data center pipelines and is watching for commentary around interconnection times.
BofA
Buy -> Neutral
downgrade
$182 -> $185
2025-10-16
Reason
BofA
Price Target
$182 -> $185
2025-10-16
downgrade
Buy -> Neutral
Reason
BofA downgraded Atmos Energy to Neutral from Buy with a price target of $185, up from $182. The firm cites the stock's 22% premium valuation to its local gas distribution peers for the downgrade. Atmos's customer growth and favorable service territory mix are now reflected in the stock's current premium to peers, creating a balanced risk/reward profile, the analyst tells investors in a research note.
About ATO
Atmos Energy Corporation is a natural gas-only distributor. The Company delivers natural gas to over 3.3 million distribution customers in over 1,400 communities across eight states located primarily in the South. It manages proprietary pipeline and storage assets, including intrastate natural gas pipeline systems in Texas. Its segments include distribution and pipeline and storage. The distribution segment comprises its regulated natural gas distribution and related sales operations in eight states. The pipeline and storage segment are consists of regulated pipeline and storage operations of its Atmos Pipeline-Texas (APT) division and its natural gas transmission operations in Louisiana. APT is an intrastate pipeline operation in Texas with a heavy concentration in the established natural gas-producing areas of central, northern, and eastern Texas, extending into or near the major producing areas of the Barnett Shale, the Texas Gulf Coast, and the Permian Basin of West Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
