JPMorgan cuts Sempra stock target from USD 102 to 99.00

Published on 10/13/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sempra stock was at EUR 73.61 on October 13, 2026 during trading. The revised JPMorgan target is USD 99.00, down from USD 102.00 with an Overweight rating.

JPMorgan cut its Sempra price target from USD 102.00 to USD 99.00 on October 13, 2026.
Sempra reported USD 2.997 billion in second-quarter 2026 revenue and USD 796.0 million in GAAP earnings.
The stock was trading at EUR 73.61 at Lang & Schwarz on October 13, 2026 at 12:07 p.m. CEST.
Sempra trades on the NYSE under ticker SRE in the diversified utilities industry.

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JPMorgan cut its target for Sempra stock from USD 102.00 to USD 99.00 on October 13, 2026, according to Moomoo. The change places the latest analyst action alongside a second-quarter earnings profile built on USD 2.997 billion in revenue and USD 796.0 million in GAAP earnings.

Three events shape the stock

On August 6, 2026, Sempra reported second-quarter GAAP earnings of USD 796.0 million, or USD 1.21 per diluted share, versus USD 461.0 million, or USD 0.71, in the year-earlier quarter, according to Sempra.

On August 20, 2026, Sempra announced the sale of Ecogas Mexico and said the transaction generated USD 500.0 million in proceeds, while on September 14, 2026, Sempra Infrastructure announced a 20-year LNG agreement covering 0.8 million tonnes per annum, both in the same Sempra release page.

What does the target cut change?

The JPMorgan move reduces the target by USD 3.00, or 2.94 percent from USD 102.00. It follows Barclays' October 12, 2026 reduction of its target to USD 90.00 from USD 103.00 while retaining an Overweight rating, as Markets Insider reported.

The earnings base remains material for the valuation debate. Sempra's second-quarter adjusted earnings were USD 762.0 million, or USD 1.16 per diluted share, compared with USD 583.0 million, or USD 0.89, in the second quarter of 2025, while full-year 2026 adjusted earnings-per-share guidance stood at USD 4.80 to USD 5.30, according to Sempra.

Dividend date is next

MarketBeat reported that Sempra's quarterly dividend was scheduled for payment on October 15, 2026. The date gives the market a near-term shareholder event while analysts reset their valuation assumptions around utility growth, capital spending and LNG execution.

Stock trades at EUR 73.61

Sempra was trading at EUR 73.61 at Lang & Schwarz on October 13, 2026 at 12:07 p.m. CEST. The finance snapshot placed market capitalization at USD 53.5 billion as of October 12, 2026, with a 52-week range of USD 76.21 to USD 101.04.

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