NYSE: ATO

Atmos Energy (ATO) Stock Analysis & Forecast

Atmos Energy Corporation. Utilities sector, gas distributors industry. Market cap $26.76B.

$160.30−1.73 (−1.1%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

Atmos Energy trades at $160.30, down 1.1% and sitting at a fresh 52-week low, just above the 52-week trough of $159.98 and well off the 52-week high of $192.51. The stock is below both its 50-day average of $170.81 and 200-day average of $175.08, with returns of -6.4% over one month, -5.8% over three months and -13.3% over six months. The GekkoIndex reads 73.7, placing ATO in the Buying zone, while shares sit 9.5% below Gekko Fair Value of $177.11.

Coverage this week centers on the stock's slide to a 52-week low alongside the company's long-term capital plan. Atmos Energy has laid out roughly $26 billion in infrastructure spending through fiscal 2030, aimed largely at safety and reliability, alongside a target of 6-8% annual growth in EPS and dividends and a fiscal 2030 EPS outlook of $10.8-$11.2. The company reaffirmed fiscal 2026 EPS guidance of $8.40-$8.50 and recently raised its quarterly dividend by nearly 15% to $1.00 per share. Separately, a filing showed Bank of America Corp DE taking a new stake of 4,180,718 shares, valued at approximately $720.2 million.

Atmos Energy's next earnings report is due 4 November 2026, 45 days out and beyond a typical 20-trading-day hold; the last report on 5 August produced a -0.4% reaction on EPS of $1.43 against an estimate of $1.34, continuing a streak of 7 beats in the last 8 quarters, with an average absolute reaction of 1.7%. Over the last 90 days, insider activity shows one open-market purchase valued at $50,278. Analyst coverage from 6 firms shows 2 buy and 4 hold ratings, with a consensus target of $186.55. Seasonally, the next 20 trading days have averaged a 0.2% gain over 5 years, positive in 3 of them.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $160.30200-day averageGekko Fair Value $177.11

Key stats

Market cap
$26.76B
P/E ratio
19.3
Forward P/E
18.1
EPS, TTM
$8.39
Revenue, TTM
$4.92B
Profit margin
28.5%
Dividend yield
2.39%
Beta
0.59
Volume
2.08M avg 942,764
1-year return
−1.9%
Typical daily move
±1.4%
Typical 20-day move
±3.3%
50-day average
$170.81
200-day average
$175.08
Next earnings
Nov 4
Shares outstanding
169.0M
52-week range
$159.98$192.51

Atmos Energy swing-trade checklist

Atmos Energy scores 5 supportive, 0 mixed and 1 headwind across the 6 checklist items with data.

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

5 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $160.30 is below the 50-day ($170.81) and 200-day ($175.08) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    73.7, Buying

    Reading 73.7 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.5% below

    Price is 9.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings risksupportive

    Reports in 45 days

    Next report Nov 4, 2026, 45 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.2% on average

    From this point in the calendar, the next 20 trading days averaged +0.2% 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 $160.30 on Sep 18, 2026, −1.9% over the past year, inside a 52-week range of $159.98 to $192.51.

Close50-day average200-day averageVolume

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

Performance Breakdown

1 month
−6.4%
3 months
−5.8%
6 months
−13.3%
1 year
−1.9%
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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 73.7, in the Buying zone, up 6 points over five sessions.

010073.7Buying

Up 6 points over five sessions, from the Accumulation zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)16+1.3%+1.1%+2.7%+5.7%
Accumulation170+0.4%+0.5%+0.9%+5.4%
Neutral441+0.3%+0.8%+1.6%+3.1%
Distribution34−0.2%−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, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. 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 9.5% below Gekko Fair Value of $177.11, so the shares are undervalued on Gekko’s estimate.

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

$177.11

Gekko Fair Value, Sep 19, 2026

9.5% Undervalued

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 reports on Nov 4, 2026 (45 days away), and beat the EPS estimate in 7 of its last 8 reports.

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 $186.55, +16.4% from the last close, from 6 firms rating the stock in the last 90 days.

$186.55consensus 12-month target, +16.4% from the last close
Low $179High $200
Buy2
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 6 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18Morgan StanleyHold, reiterated$179+11.7%
Sep 11J.P. MorganHold, downgraded$180+12.3%
Aug 21Morgan StanleyHold, reiterated$190+18.5%
Aug 17Truist FinancialHold, maintained$179+11.7%
Aug 6Truist FinancialHold, reiterated
+2.7%average 20-day move after past Buying readings
+0.2%average move over the next 20 trading days in the last 5 years
±1.4%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 Sep 19, Atmos Energy averaged +0.2% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+2.2%2021−13.5%2022−1.2%2023+5.5%2024+8.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−2.0%2 of 5
Next 10 trading days−1.9%3 of 5
Next 15 trading days−1.4%2 of 5
Next 20 trading days+0.2%3 of 5
Next 30 trading days−0.2%3 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 $26.76B, with a P/E ratio of 19.3 and revenue of $4.92B over the last twelve months.

Valuation

Market cap
$26.76B
P/E ratio
19.3
Forward P/E
18.1
EPS, TTM
$8.39
Gekko Fair Value
$177.11

Trading

Volume
2.08M
Avg volume, 20 days
942,764
52-week high
$192.51
52-week low
$159.98
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
0.59
Typical daily move
±1.4%
Typical 20-day move
±3.3%
Dividend yield
2.39%

Atmos Energy stock news this week

Coverage of Atmos Energy this week reads positive: 4 positive, 0 neutral and 2 negative headlines.

News sentiment positive

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+2.3%Neutral1.4% below
SRESempra−0.2%Accumulation12.4% below
CQPCheniere Energy Partners−2.3%Accumulation32.6% below
NINiSource0.0%Buying5.0% above
SWXSouthwest Gas−0.1%Buying9.8% below
NJRNewJersey Resources−1.0%Accumulation7.1% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Atmos Energy stock FAQ

What is Atmos Energy’s market cap?

Atmos Energy’s market cap is $26.76B at the Sep 18, 2026 close of $160.30, with 169.0M shares outstanding. The shares trade on a P/E ratio of 19.3.

What is the Atmos Energy stock forecast?

The consensus analyst 12-month price target for Atmos Energy is $186.55, +16.4% from the last close. Of the 6 firms that rated the stock in the last 90 days, 2 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 undervalued: the Sep 18, 2026 close of $160.30 is 9.5% below Gekko Fair Value of $177.11. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Atmos Energy report earnings next?

Atmos Energy is expected to report on Nov 4, 2026 (45 days away). Analysts expect earnings of $1.20 per share on revenue of $798.7M. Atmos Energy beat the earnings estimate in 7 of its last 8 reports, moving 1.7% on average across the report.

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 $159.98; it closed at $160.30 on Sep 18, 2026, −1.9% 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, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every 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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