Sempra (SRE) earnings on May 7, 2026
Prior outlook: Pessimistic Outcome: Accurate
The stock price fell after the earnings release, showing a negative market reaction. The price continued to decline throughout the day.
SRE price around the earnings
92.15
Change: -1.6%
2026-05-07, 23:23 UTC
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Mixed outlook, past earnings weakness persists.
Analysts are supporting this company despite a history of weak earnings. While recent guidance increases are positive, the company has consistently missed profit expectations in the past.
Context analyzed before publication
- Summary
- Analysts positive, but price action weak. The scenario is a key factor for careful consideration.
- Reasoning
- Analysts are supportive, but the stock's recent price movement is weak and lagging behind the broader market. There's a mismatch between expert opinions and how the stock is actually performing.
- Playbook
- Given the negative price trend despite analyst backing, the scenario suggests that a clearer context of strength is needed. The relative strength is a key factor.
- Trend
- First evaluation, no trend yet
Analysts
Drivers
-
Analysts
Positive
Most analysts recommend buying the stock and cite an optimistic scenario. However, one major firm recently lowered its price expectation.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.68
- Analysts covering the stock
- 17
- Average price target
- 104.29
- Lowest price target
- 93
- Highest price target
- 118
- Upside to price target
- 11.6%
- Quarterly earnings growth
- -47.9%
- Revenue growth
- -0.2%
- Forward EPS
- 5.53
- Trailing EPS
- 2.75
- Analyst moves in the last 60 days
- 5
- Strong buy: 3
- Buy: 11
- Hold: 5
- Sell: 0
- Strong sell: 0
- Strong buy
- 3
- Buy
- 11
- Hold
- 5
- Sell
- 0
- Strong sell
- 0
- April 21, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- April 21, 2026 · Truist Securities: Initiates coverage (Buy)
- April 15, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- March 23, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- March 18, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- Morgan Stanley Maintains Overweight on Sempra, Lowers Price Target to $104 — Benzinga
- Truist Securities Initiates Coverage On Sempra with Buy Rating, Announces Price Target of $108 — Benzinga
- Barclays Maintains Overweight on Sempra, Raises Price Target to $105 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's recent price performance is weak, both in the short and medium term. It is also performing much worse than the overall market, showing a clear pessimistic trend.
Evidence
- Average true range (ATR)
- 1.7%
- Distance to 52-week high
- -7.5%
- 14-day change (14d)
- -0.7%
- 30-day change
- -2.0%
- 30-day relative strength
- -14.0%
- Benchmark change
- +12.0%
- Nearest support
- 92.18
- Nearest resistance
- 101.03
- Volume accumulation ratio
- 1
Trends
Evidence
- Average earnings surprise
- -8.0%
- February 26, 2026: actual EPS 0.54 vs estimate 1.69 (surprise -68.0%)
- November 5, 2025: actual EPS 1.11 vs estimate 0.91 (surprise +21.7%)
- August 7, 2025: actual EPS 0.89 vs estimate 0.85 (surprise +4.8%)
- May 8, 2025: actual EPS 1.44 vs estimate 1.32 (surprise +9.3%)
Expected move
Drivers
-
Past earnings
Negative
While the company often meets or slightly beats earnings expectations, the actual results have sometimes been much lower than outlined. This suggests a pattern of unpredictability.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 1.8%
- 75th percentile move
- 2.3%
- 90th percentile move
- 5.7%
- Up / down moves
- 11 / 8
- Average up move
- +2.0%
- Average down move
- -3.8%
Monitoring and close
What Sempra reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -2.2%
- Max favorable move (MFE)
- 4.3%
- Max adverse move (MAE)
- 0%