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Southwest Gas Updates Cooperation Agreement with Icahn

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Southwest Gas Updates Cooperation Agreement with Icahn

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Southwest Gas ( (SWX) ) has provided an update.

On October 14, 2025, Southwest Gas Holdings, Inc. and the Icahn Group entered into an Amended and Restated Cooperation Agreement, which updates their previous agreement from October 15, 2024. The new agreement includes the nomination of Icahn Designees for the 2026 annual meeting and outlines conditions for the termination of the agreement, impacting the company’s governance structure and potentially its strategic direction.

The most recent analyst rating on (SWX) stock is a Buy with a $84.00 price target. To see the full list of analyst forecasts on Southwest Gas stock, see the SWX Stock Forecast page.

Spark’s Take on SWX Stock

According to Spark, TipRanks’ AI Analyst, SWX is a Neutral.

Southwest Gas’s overall stock score is driven by strong earnings performance and positive technical indicators. However, financial performance is hindered by high leverage and negative cash flow growth. The valuation suggests potential overvaluation, but the dividend yield offers some compensation. Corporate events and strategic expansions provide additional growth potential.

To see Spark’s full report on SWX stock, click here.

More about Southwest Gas

Southwest Gas Holdings, Inc. operates in the energy sector, primarily focusing on the distribution and transportation of natural gas. The company serves residential, commercial, and industrial customers, positioning itself as a key player in the utility industry.

Average Trading Volume: 395,128

Technical Sentiment Signal: Buy

Current Market Cap: $5.66B

For a thorough assessment of SWX stock, go to TipRanks’ Stock Analysis page.

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