Citigroup cuts target for Southern Company stock from USD 114.00 to USD 104.00
Published on 10/06/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Southern Company (ISIN US8425871071) was trading at EUR 74.82 at Lang & Schwarz on October 6, 2026 at 9:44 a.m. CEST, down 0.25 percent versus the EUR 75.01 prior close. Citigroup cut its price target from USD 114.00 to USD 104.00 and maintained a Buy rating on September 25, 2026, according to Yahoo Finance.
Second-quarter earnings beat estimates
Southern Company delivered adjusted earnings per share of USD 1.13 in the second quarter of 2026, above the USD 1.01 consensus estimate. Revenue reached USD 6.98 billion, below the USD 7.23 billion estimate, according to MarketBeat.
The result points to a split operating picture: earnings exceeded expectations while the top line remained below the quarterly forecast. The same report says the company earned USD 0.79 per share in the comparable quarter, giving the latest adjusted result a clear year-over-year comparison.
November 5 is the next results date
Southern Company plans to release third-quarter 2026 earnings by 7:30 a.m. ET on November 5, 2026, with a conference call scheduled for 1:00 p.m. ET. Yahoo Finance identifies the release date and the planned call with Chairman, President and CEO Christopher C. Womack and CFO David P. Poroch.
Analyst target remains above the quote
MarketBeat lists a USD 100.08 average 12-month price target from 20 ratings firms, including 11 Holds, seven Buys and two Sells. That consensus sits alongside Citigroup's lower USD 104.00 target and underscores the wide range of views around a utility stock facing significant capital requirements.
The Southern Company had a market capitalization of USD 96.4 billion as of October 5, 2026. Its NYSE-listed shares had a 52-week range of USD 81.69 to USD 100.84 on the same date, keeping the current primary-exchange quote near the lower end of that range.
Euro quote turns lower
At Lang & Schwarz, Southern Company stock was trading at EUR 74.82 on October 6, 2026 at 9:44 a.m. CEST, down 0.25 percent from the EUR 75.01 prior close on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Southern Company stock.
Southern Company stock facts
- Company: The Southern Company
- ISIN: US8425871071
- Ticker: SO
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 9:44 a.m. CEST): EUR 74.82
- Change versus prior close: minus 0.25 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 75.01
- Market capitalization: USD 96.4 billion (as of October 5, 2026)
- 52-week range: USD 81.69-100.84 (as of October 5, 2026)
- Sector / Industry: Utilities / Regulated Electric
