Sempra stock slips after Morgan Stanley cuts target to USD 100

Published on 09/19/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sempra stock closed at USD 81.50 on September 18, 2026, after Morgan Stanley cut its target to USD 100. Q2 2026 EPS was USD 1.16, above the USD 1.01 consensus.

Aquarellbild von Umspannwerk und Palmen an der Pazifikküste bei Sonnenuntergang — Aquarellmalerei der Küste San Diegos mit Umspannwerk illustriert Geschäftsgebiet von Sempra ISIN US8168511090, Illustration mit AI erstellt.

Sempra stock (US8168511090) closed at USD 81.50 on September 18, 2026, while Morgan Stanley cut its price target to USD 100 from USD 104 and kept an Overweight rating on September 18, 2026. The move leaves the shares about 24.8 percent below the latest consensus target of USD 101.69.

Target cut, rating held

According to GuruFocus, Morgan Stanley lowered Sempra's target from USD 104 to USD 100 on September 18, 2026, a cut of 3.85 percent, and kept Overweight. According to Ad-hoc-news, the same day also brought a refreshed analyst backdrop around Jefferies and JPMorgan, with consensus target data at USD 101.69.

That gap matters for investors because the stock is still priced well below the analyst average even after the target reset. The latest market snapshot in the same Ad-hoc-news report put Sempra's market value at about USD 53.3 billion, with a 52-week range of USD 79.59 to USD 101.04.

Q2 numbers still help

According to Ad-hoc-news, Sempra reported Q2 2026 earnings per share of USD 1.16, beating the USD 1.01 consensus by USD 0.15, or 14.9 percent. Revenue in the same quarter was USD 3.0 billion, below the USD 3.14 billion forecast and down 0.1 percent year on year.

MarketBeat data cited in the same report put Q2 2026 net margin at 16.70 percent and return on equity at 8.49 percent. Sempra also set 2026 EPS guidance at USD 4.80 to USD 5.30 and 2027 guidance at USD 5.10 to USD 5.70.

LNG stays in view

According to Ad-hoc-news, Sempra Infrastructure signed a 20-year LNG supply deal with Petrobras tied to Port Arthur LNG Phase 2, with annual deliveries of about 0.8 million tons. Reuters also reported on September 18, 2026, that US LNG export capacity is set to expand sharply through 2027, a backdrop that keeps Sempra's LNG buildout relevant for the stock.

Sempra stock ended September 18, 2026, at USD 81.50 on the NYSE, with the shares trading about 2.4 percent above the 52-week low of USD 79.59 and 19.3 percent below the 52-week high of USD 101.04.