Should I Buy SWX? SWX 2026 Analysis

Should You Buy Southwest Gas Holdings Inc (SWX) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

82.640

1 Day change

0.85%

52 Week Range

86.750

Analysis Updated At

2026/01/26

Southwest Gas Holdings Inc (SWX) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company's financial performance shows some positive trends, such as a significant increase in net income and gross margin, the lack of strong technical signals, neutral trading sentiment, and absence of recent news or catalysts make it a stock to hold rather than buy immediately. Additionally, the stock's technical indicators and options data suggest limited short-term upside potential.

Technical Analysis

The MACD is positive but contracting, RSI is neutral at 45.132, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its pivot point of 83.739, with resistance at 86.014 and support at 81.464. However, there is no clear momentum for a strong upward move.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Analyst Gabriel Moreen from Mizuho initiated coverage with an Outperform rating and a price target of $91, citing a de-risked investment case, improving regulatory backdrops, and significant upside from the Great Basin Expansion.

Neutral/Negative Catalysts

No recent news or events to act as a catalyst. Stock trend analysis indicates a 40% chance of a slight decline (-2.34%) in the next week.

Financial Performance

In Q3 2025, net income surged by 93490.31% YoY, gross margin increased by 27.63%, and EPS remained flat at 3.74. However, revenue declined by 11.76% YoY, which could indicate challenges in top-line growth.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Mizuho initiated an Outperform rating with a $91 price target, citing a de-risked investment case, improving regulatory conditions, and upside potential from the Great Basin Expansion.

4 Analyst Rating

Wall Street analysts forecast SWX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SWX is 87.33 USD with a low forecast of 82 USD and a high forecast of 91 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

1 Hold

0 Sell

Strong Buy

Current: 81.940

Low

Averages

87.33

High

Current: 81.940

Low

Averages

87.33

High

Mizuho

Gabriel Moreen

Outperform

initiated

$91

AI Analysis

2025-10-29

Reason

Mizuho

Gabriel Moreen

Price Target

$91

AI Analysis

2025-10-29

initiated

Outperform

Reason

Mizuho analyst Gabriel Moreen initiated coverage of Southwest Gas with an Outperform rating and $91 price target. The firm views the investment case as "increasingly de-risked" with the completed separation of Centuri, improving regulatory backdrops in Arizona and Nevada, and a strengthening balance sheet. Arizona can be a "more structurally supportive operating environment" for Southwest Gas by 2028, the analyst tells investors in a research note. Mizuho also sees "significant upside" from the company's Great Basin Expansion.

BofA

Ross Fowler

Neutral -> Buy

upgrade

$76 -> $84

2025-08-29

Reason

BofA

Ross Fowler

Price Target

$76 -> $84

2025-08-29

upgrade

Neutral -> Buy

Reason

BofA analyst Ross Fowler upgraded Southwest Gas (SWX) to Buy from Neutral with a price target of $84, up from $76. Southwest selling its interest in Centuri Holdings (CTRI) and recycling capital into its core utility will result in higher earnings and rate base growth, as well as an improved valuation, the analyst tells investors.

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SWX Should I Buy

SWX Should I Buy

Should You Buy Southwest Gas Holdings Inc (SWX) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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