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MGP Ingredients, Inc. (MGPI) Stock Forecast

Data as of May 2, 2026

Consumer Defensive · Current price $19.36 (-2.91%)

Consensus Target
$29.00
Upside
+49.8%
Analysts
5
Rating
Buy(2.40)

Price Target Range

Low $29.00High $29.00

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy2
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Oct 22, 2024Bill ChappellTruist Financial$85.00+339.0%
Oct 18, 2024Ben KlieveLoop Capital Markets$75.00+287.4%
Oct 16, 2024Bill ChappellTruist Financial$95.00+390.7%
Jul 8, 2024Ben KlieveLoop Capital Markets$135.00+597.3%
Jul 1, 2024MGP IngredientsWedbush$120.00+519.8%
Aug 7, 2023Bill ChappellTruist Financial$140.00+623.1%
Jul 31, 2023Bill ChappellTruist Financial$125.00+545.7%

MGPI vs Sector & Market

MetricMGPIConsumer Defensive AvgLarge Cap Avg
Analyst Rating2.402.552.41
Analyst Count51218
Target Upside+49.8%+1188.5%+14.9%
P/E Ratio-4.01-7.2731.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$484M$486M$488M3
2027-03-31$110M$111M$113M1
2027-06-30$132M$134M$136M1
2027-09-30$128M$129M$131M1
2027-12-31$138M$139M$141M1
2028-03-31$115M$117M$119M1
2028-06-30$139M$141M$143M1
2028-09-30$134M$135M$137M1
2028-12-31$144M$146M$148M1

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$1.58$1.58$1.593
2027-03-31$0.25$0.26$0.261
2027-06-30$0.56$0.56$0.581
2027-09-30$0.58$0.59$0.601
2027-12-31$0.63$0.64$0.651
2028-03-31$0.35$0.36$0.361
2028-06-30$0.69$0.70$0.711
2028-09-30$0.69$0.70$0.711
2028-12-31$0.74$0.75$0.771

Frequently Asked Questions

What is the analyst consensus for MGPI?

The consensus among 5 analysts covering MGP Ingredients, Inc. (MGPI) is Buy with an average price target of $29.00.

What is the highest price target for MGPI?

The highest price target for MGPI is $140.00, set by Bill Chappell at Truist Financial on 2023-08-07.

What is the lowest price target for MGPI?

The lowest price target for MGPI is $75.00, set by Ben Klieve at Loop Capital Markets on 2024-10-18.

How many analysts cover MGPI?

5 analysts have issued ratings for MGP Ingredients, Inc. in the past 12 months.

Is MGPI a buy or sell right now?

Based on 5 analyst ratings, MGPI has a consensus rating of Buy (2.40/5) with a +49.8% upside to the consensus target of $29.00.

What are the earnings estimates for MGPI?

Analysts estimate MGPI will report EPS of $1.58 for the period ending 2026-12-31, with revenue estimated at $486M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.