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Sempra stock holds steady as investors weigh upside to earnings and data center demand

Sempra stock is holding steady in the mid-$80s, with analysts predicting a 20.2% upside to its consensus price target of $103.92. This optimism is fueled by the company's strong earnings profile and the increasing power demands from the growing data center sector, particularly through its majority ownership in Oncor, a large Texas utility. The absence of sell ratings and continued analyst coverage suggest a constructive outlook for Sempra's regulated utility and infrastructure businesses.

Why it matters

Attributed market update with source link for portfolio context.

Sources

Attributed news only. Not investment advice.

Sempra stock holds steady as investors weigh upside to earnings and data center demand | TahmVest News · TahmVest