HSBC initiates coverage of Sempra stock with USD 97.50 target

Published on 10/23/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC set a USD 97.50 target on October 22, 2026. Sempra stock costs EUR 75.79 on October 23, 2026 at Lang & Schwarz.

Targets and earnings schedule

HSBC initiated coverage with a USD 97.50 target on October 22, 2026.
Sempra reported adjusted earnings per share of USD 1.16 for the second quarter of 2026 versus USD 0.89 a year earlier.
Sempra stock trades at EUR 75.79 at 11:05 a.m. CEST at Lang & Schwarz on October 23, 2026.

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Sempra stock (ISIN US8168511090) trades at EUR 75.79 at Lang & Schwarz on October 23, 2026, at 11:05 a.m. CEST. MarketBeat reported on October 22, 2026, that HSBC initiated coverage with a Buy rating and a USD 97.50 price target.

HSBC sets a USD 97.50 target

The HSBC call gives the latest clear valuation reference for Sempra. MarketBeat said the target was set in a note issued on October 22, 2026, while the stock had opened at USD 83.63 in the US market. The target is therefore a separate US-dollar valuation reference, not a replacement for the euro quotation used in this report.

Three analyst moves in October

On October 15, Goldman Sachs cut its Sempra target from USD 110.00 to USD 103.00, according to MarketScreener. On October 20, BTIG lowered its target from USD 106.00 to USD 100.00, the same outlet reported. HSBC then initiated coverage at USD 97.50 on October 22, according to MarketBeat.

What does the target mean for earnings?

The earnings backdrop is mixed but concrete. Sempra reported adjusted earnings per share of USD 1.16 for the second quarter of 2026, up from USD 0.89 in the year-earlier quarter, while revenue was USD 3.00 billion versus a USD 3.14 billion consensus estimate, according to MarketBeat. That combination puts the analyst debate on earnings quality and growth rather than on revenue acceleration alone.

Results date is November 5

finanzen.at reported on October 22, 2026, that Sempra is scheduled to publish third-quarter 2026 results on November 5, 2026. The same report cited consensus revenue of USD 3.31 billion and earnings per share of USD 1.22 for that quarter.

Euro quote stays the market anchor

For German investors, the immediate reference remains the intraday euro quote rather than the dollar targets. Sempra operates regulated utility businesses in California and Texas alongside a smaller liquefied natural gas business, with its primary listing on the NYSE under ticker SRE.

Sempra stock was trading at EUR 75.79 at Lang & Schwarz on October 23, 2026, at 11:05 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Sempra stock.