JPMorgan Downgrades Atmos Energy Stock, Trims Price Target

Atmos Energy stock experienced a decline following JPMorgan Chase & Co.'s decision to lower its rating and price target. The bank downgraded the shares from Overweight to Neutral, which led to a reduction in the estimated upside.

JPMorgan now sees Atmos Energy at $180 per share, down from a previous estimate of $198. This represents an 18-dollar cut in the price objective, implying that the bank is more cautious than before.

The company's latest guidance for the current fiscal year has set its earnings per share at $8.40 to $8.50, which marks a step up from historical levels and supports the valuation framework used by analysts. The consensus price target remains around $187.73, sitting about $7 to $8 above JPMorgan's new level.

Atmos Energy shares traded on the New York Stock Exchange under the ticker ATO, closing at $164.81 on September 10, 2026. This price is below several listed analyst targets, including JPMorgan's revised $180 objective and the consensus area around $187 to $188.