The Southern Company Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for The Southern Company stock have an average target of 99.68, with a low estimate of 92 and a high estimate of 112. The average target predicts an increase of 5.58% from the current stock price of 94.41.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$92	$99.68	$99	$112
Change	-2.55%	+5.58%	+4.86%	+18.63%

Analyst Ratings

The average analyst rating for The Southern Company stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	0	0	0	0	1	1
Buy	2	2	2	3	4	4
Hold	13	13	12	12	12	13
Sell	1	1	2	1	0	1
Strong Sell	0	0	0	0	0	0
Total	16	16	16	16	17	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Byrd Morgan Stanley	Morgan Stanley	Sell Maintains $94 → $92	Sell	Maintains	$94 → $92	-2.55%	Apr 21, 2026
Richard Sunderland Truist Securities	Truist Securities	Hold Initiates $103	Hold	Initiates	$103	+9.10%	Apr 21, 2026
Angie Storozynski Seaport Global	Seaport Global	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Apr 20, 2026
Nicholas Campanella Barclays	Barclays	Hold Maintains $88 → $99	Hold	Maintains	$88 → $99	+4.86%	Apr 10, 2026
Shelby Tucker TD Cowen	TD Cowen	Strong Buy Maintains $108 → $112	Strong Buy	Maintains	$108 → $112	+18.63%	Mar 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

31.81B

from 29.55B

7.62%

from 29.55B

Revenue Next Year

33.58B

from 31.81B

5.58%

from 31.81B

EPS This Year

4.71

from 3.92

20.03%

from 3.92

EPS Next Year

5.07

from 4.71

7.69%

from 4.71

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	23.11B	29.28B	25.25B	26.72B	29.55B	31.81B	33.58B
Revenue Growth	13.44%	26.68%	-13.75%	5.83%	10.59%	7.62%	5.58%
EPS	2.24	3.26	3.62	3.99	3.92	4.71	5.07
EPS Growth	-23.55%	45.54%	11.04%	10.22%	-1.75%	20.03%	7.69%
Forward PE	-	-	-	-	-	20.07	18.63
No. Analysts	-	-	-	-	-	28	26

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	33.5B	35.8B
Avg	31.8B	33.6B
Low	28.2B	29.6B

Revenue Growth

Revenue Growth	2026	2027
High	13.5%	12.6%
Avg	7.6%	5.6%
Low	-4.7%	-7.0%

EPS Forecast

EPS	2026	2027
High	4.85	5.21
Avg	4.71	5.07
Low	4.44	4.73

EPS Growth

EPS Growth	2026	2027
High	23.8%	10.7%
Avg	20.0%	7.7%
Low	13.3%	0.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.