NYSE: ATO

Atmos Energy (ATO) Stock Analysis & Forecast

Nov 4 close

$176.45+2.68 (+1.5%)

Gekko Brief

AI summaryNov 4 close

Atmos Energy's week centers on its fiscal 2026 results and fiscal 2027 outlook. The company reported fiscal year 2026 diluted earnings per share of $8.49 and net income of $1.4 billion, with capital expenditures of $4.2 billion directed primarily at safety and reliability. The fourth-quarter report drew attention to the company's refreshed five-year capital plan through 2031 and its 6-8% annual growth framework, while the earnings call also reaffirmed guidance trends from earlier in the year. Alongside the results, Atmos Energy increased its quarterly dividend, and the board announced the retirement of Chairman Kim R. Cocklin, effective at the 2027 annual meeting.

Shares closed at $176.45, up 1.5%, sitting above both the 50-day average of $164.61 and the 200-day average of $174.38, with a one-month return of 10.5%. The GekkoIndex reads 46.1, placing the stock in the Neutral zone after easing 4.4 points over the past five sessions. Price trades 2.8% above Gekko Fair Value of $171.64.

No confirmed date for the next earnings report appears on the calendar. Over the last 90 days, smart-money activity includes one open-market insider purchase. Analyst coverage from 4 firms stands entirely at hold, with a consensus target of $182.45. Seasonally, the next 20 trading days have averaged a 3.2% gain over 5 years, positive in 3 of them, a pattern worth noting given the stock's typical 20-day move of 3.3%.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Atmos Energy price vs fair value

$176.45$171.64Nov ’25May ’26Nov ’26
Close $176.45200-day averageGekko Fair Value $171.64

Atmos Energy quick facts

Market cap
$29.84B
P/E ratio
20.8
Forward P/E
19.1
EPS, TTM
$8.39
Revenue, TTM
$4.92B
Profit margin
28.5%
Dividend yield
2.24%
Beta
0.55
Volume
1.44M avg 1.00M
1-year return
+2.2%
Typical daily move
±1.8%
Typical 20-day move
±3.3%
50-day average
$164.61
200-day average
$174.38
Next earnings
—
Shares outstanding
169.0M
52-week range
$154.72$192.51

Atmos Energy swing-trade checklist

Atmos Energy scores 2 supportive, 3 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $176.45 sits between the 50-day ($164.61) and 200-day ($174.38) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    46.1, Neutral

    Reading 46.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    2.8% above

    Price is within 5% of Gekko Fair Value (2.8% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings riskno data

    No data

    No confirmed report date on the calendar.

    See earnings
  • Seasonalitysupportive

    +3.2% on average

    From this point in the calendar, the next 20 trading days averaged +3.2% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Atmos Energy stock chart and price history

Atmos Energy closed at $176.45 on Nov 4, 2026, +2.2% over the past year, inside a 52-week range of $154.72 to $192.51.

Close50-day average200-day averageVolume
Atmos Energy share price, past year, with 50-day and 200-day moving averages and volume$160$170$180$190DecJan 2026FebMarAprMayJunJulAugSepOct176.45

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+10.5%
3 months
+2.6%
6 months
−4.5%
1 year
+2.2%
The full ATO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ATO in Gekko

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About Atmos Energy

Atmos Energy delivers natural gas to homes, businesses, public agencies, and industrial customers across eight states in the United States. It is best known for the scale of its underground distribution and transmission network, which carries gas directly to roughly three million customers through tens of thousands of miles of buried lines.

The company runs two main divisions. Its Distribution arm handles the regulated delivery and sale of natural gas to end users, while its Pipeline and Storage arm moves gas on behalf of other companies and operates several underground storage sites in Texas. This second division also provides related services to the pipeline industry, including gas parking, lending, and inventory management, alongside a smaller network of transmission lines.

Atmos Energy traces its founding back to 1906 and is headquartered in Dallas, Texas. Its shares are listed on the NYSE under the ticker ATO.

Listed
NYSE
Sector
Utilities
Industry
Gas distributors
Website
atmosenergy.com

Atmos Energy GekkoIndex: the smart money zone

Atmos Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 46.1, in the Neutral zone, down 4.4 points over five sessions.

010046.1Neutral

Down 4.4 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying29+0.5%+1.1%+4.3%+5.3%
Accumulation181+0.3%+0.3%+0.3%+4.7%
Neutral (current zone)451+0.4%+0.8%+1.6%+2.5%
Distribution35−0.3%−0.4%−1.8%+0.7%
Selling1Too few readings yet

Average ATO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ATO price, zone by zone.Track ATO in Gekko

Is Atmos Energy stock overvalued? Gekko Fair Value

Atmos Energy trades 2.8% above Gekko Fair Value of $171.64, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Atmos Energy shares are worth, recalculated every trading day.

$171.64

Gekko Fair Value, Nov 4, 2026

2.8% above fair value · About fair value

At the end of Aug 2026 the price was 9.2% below the estimate.

Gekko Fair ValueShare price, month end
$172$174Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ATO in Gekko

Atmos Energy insider and Congress trading

Insiders filed 1 open-market purchase in Atmos Energy worth $50K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$50Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Aug 12William James Ware
Director
Purchase300$50K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in ATO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ATO, plotted on the chart in Gekko.Open ATO in Gekko

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold ATO.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Atmos Energy earnings: next date and track record

Atmos Energy beat the EPS estimate in 7 of its last 8 reports, moving 1.7% on average across the report.

7 of 8reports beat the EPS estimate
±1.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+2.5%Nov ’24+1.2%Feb ’25−0.4%May ’25+3.9%Aug ’25+0.9%Nov ’25+1.6%Feb ’26−2.9%May ’26−0.4%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Atmos Energy's fiscal 26 Q3 earnings call reported year-to-date net income of $1.2 billion ($7.33 per diluted share) and reaffirmed fiscal 26 EPS guidance of $8.40–$8.50. Capital expenditures totaled $3.1 billion with 87% focused on safety and reliability. Customer additions were strong (~51k over 12 months; ~39k in Texas), including commercial and industrial gains expected to add meaningful volumes. APT performance benefited from wider spreads during fiscal 26 (average $4.66 vs $1.77 prior year), but spreads have begun to compress due to additional takeaway capacity coming online. Regulatory actions yielded $396 million in implemented annualized operating income increases, with $334 million sought in filings. Management highlighted O&M dynamics including a 4% annual O&M growth assumption in their 5-year guidance and the impact of Texas House Bill 4.38 thousand (recognized $132 million YTD). Q&A focused on guidance, APT spread outlook (narrowing), O&M cadence, rule 7.7.102 normalization, affordability, and continued monitoring of Waha pricing and takeaway capacity. Overall tone was confident but measured with reaffirmed guidance and caution about spread compression and takeaway capacity impacts.
Guidance
Reaffirmed fiscal 26 EPS guidance: $8.40–$8.50. 5-year O&M annual growth expectation ~4% (to be refreshed in fall). Management anticipates 6%–8% EPS growth off current range going forward due to normalization of rule 7.7.102 impacts. Also budgeted APT through-system benchmark roughly $107 million for rider recovery.
Risks flagged
Potential narrowing/compression of APT spreads due to additional takeaway capacity coming online; uncertainty in summer cooling/winter heating loads affecting demand; regulatory outcomes (7 pending filings seeking $334 million) and timing; macro and weather variability impacting volumes and spreads. House Bill 4.38 thousand deferrals impacted results and regulatory/timing risks remain.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$1.43
est $1.34
+6.7%$879.1M
est $900.8M
−2.4%−0.4%
May 6, 2026$3.47
est $3.41
+1.8%$1.96B
est $1.94B
+1.1%−2.9%
Feb 4, 2026$2.44
est $2.44
0.0%$1.34B
est $1.30B
+3.6%+1.6%
Nov 5, 2025$1.07
est $1.00
+7.0%$737.5M
est $721.3M
+2.2%+0.9%
Aug 6, 2025$1.16
est $1.14
+1.8%$838.8M
est $822.1M
+2.0%+3.9%
May 7, 2025$3.03
est $2.89
+4.8%$1.95B
est $1.67B
+16.6%−0.4%
Feb 4, 2025$2.23
est $2.21
+0.9%$1.18B
est $1.35B
−12.9%+1.2%
Nov 6, 2024$0.83
est $0.81
+2.5%$701.5M
est $919.1M
−23.7%+2.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Atmos Energy stock forecast and analyst price targets

Analysts’ average 12-month price target for Atmos Energy is $182.45, +3.4% from the last close, from 4 firms rating the stock in the last 90 days.

$182.45consensus 12-month target, +3.4% from the last close
Low $167High $182
Buy0
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 4 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 21Morgan StanleyHold, reiterated$182+3.1%
Oct 15Truist FinancialHold, maintained$174−1.4%
Oct 1JefferiesHold, maintained$167−5.4%
Sep 18Morgan StanleyHold, reiterated$179+1.4%
Sep 11J.P. MorganHold, downgraded$180+2.0%
+1.6%average 20-day move after past Neutral readings
+3.2%average move over the next 20 trading days in the last 5 years
±1.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Atmos Energy seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Atmos Energy averaged +3.2% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−0.9%2021+9.3%2022+2.9%2023+6.1%2024−1.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.9%4 of 5
Next 10 trading days+3.4%4 of 5
Next 15 trading days+4.2%3 of 5
Next 20 trading days+3.2%3 of 5
Next 30 trading days+3.0%4 of 5

For scale, ATO’s typical 20-trading-day move in either direction is about 3.3%.

Atmos Energy market cap and key statistics

Atmos Energy’s market cap is $29.84B, with a P/E ratio of 20.8 and revenue of $4.92B over the last twelve months.

Valuation

Market cap
$29.84B
P/E ratio
20.8
Forward P/E
19.1
EPS, TTM
$8.39
Gekko Fair Value
$171.64

Trading

Volume
1.44M
Avg volume, 20 days
1.00M
52-week high
$192.51
52-week low
$154.72
Shares outstanding
169.0M

Financials

Revenue, TTM
$4.92B
Profit margin
28.5%
Return on equity
9.8%
Quarterly earnings growth, YoY
+23.3%

Risk and income

Beta
0.55
Typical daily move
±1.8%
Typical 20-day move
±3.3%
Dividend yield
2.24%

Atmos Energy peers

Atmos Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
TRGPTarga Resources−2.6%Accumulation6.9% below
CQPCheniere Energy Partners−9.1%Buying40.1% below
NINiSource+1.4%Neutral21.4% above
SWXSouthwest Gas−0.3%Neutral0.3% below
BKHBlack Hills+1.8%Distribution6.0% above
NJRNewJersey Resources+2.2%Neutral0.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Atmos Energy stock FAQ

What is Atmos Energy’s market cap?

Atmos Energy’s market cap is $29.84B at the Nov 4, 2026 close of $176.45, with 169.0M shares outstanding. The shares trade on a P/E ratio of 20.8.

What is the Atmos Energy stock forecast?

The consensus analyst 12-month price target for Atmos Energy is $182.45, +3.4% from the last close. Of the 4 firms that rated the stock in the last 90 days, 0 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Atmos Energy stock overvalued or undervalued?

On Gekko’s estimate Atmos Energy is about fair value: the Nov 4, 2026 close of $176.45 is 2.8% above Gekko Fair Value of $171.64. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

What is Atmos Energy’s 52-week high and low?

Atmos Energy’s 52-week high is $192.51 and its 52-week low is $154.72; it closed at $176.45 on Nov 4, 2026, +2.2% over the past year.

Is Atmos Energy stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (smart money and seasonality), 3 as mixed (trend, gekkoindex and fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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