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Magnolia Oil & Gas Corporation (MGY) Stock Forecast

Data as of Jun 16, 2026

Energy · Current price $27.19 (+0.44%)

Consensus Target
$28.50
Upside
+6.9%
Analysts
21
Rating
Hold(2.67)

Price Target Range

Low $26.00Consensus $28.50High $32.00
▲ Current $27.19

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy2
Hold7
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

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

DateAnalystFirmPrice TargetUpside
Jan 27, 2026Hanwen ChangWells Fargo$22.00-19.1%
Jan 9, 2026Peyton DorneUBS$29.00+6.7%
Oct 15, 2025Tim RezvanKeyBanc$29.00+6.7%
Apr 22, 2025Charles MinervinoSusquehanna$30.00+10.3%
Oct 28, 2024Neal DingmannTruist Financial$31.00+14.0%
Sep 16, 2024William JanelaMizuho Securities$27.00-0.7%
Jun 11, 2024Phillips JohnstonCapital One Financial$28.00+3.0%
May 31, 2024Neal DingmannTruist Financial$35.00+28.7%
Apr 19, 2024Mark LearPiper Sandler$29.00+6.7%
Apr 18, 2024Hanwen ChangWells Fargo$27.00-0.7%
Jul 27, 2022Leo MarianiMKM Partners$26.00-4.4%
Aug 5, 2021John GerdesMKM Partners$16.00-41.2%
Jun 16, 2021Jeff GramppNorthland Securities$14.00-48.5%
Apr 20, 2021Umang ChoudharyGoldman Sachs$14.50-46.7%

MGY vs Sector & Market

MetricMGYEnergy AvgLarge Cap Avg
Analyst Rating2.672.532.40
Analyst Count211019
Target Upside+6.9%+49.8%+17.1%
P/E Ratio15.6332.9931.64

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$1.28B$1.53B$1.77B10
2027-03-31$284M$376M$484M4
2027-06-30$286M$379M$487M4
2027-09-30$294M$390M$502M5
2027-12-31$301M$399M$513M4
2028-03-31$298M$395M$507M3
2028-06-30$302M$400M$514M3
2028-09-30$306M$405M$521M5
2028-12-31$308M$409M$525M3
2029-12-31$1.38B$1.57B$1.80B5
2030-12-31$1.42B$1.62B$1.85B3

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$1.40$2.66$3.6812
2027-03-31$0.42$0.62$0.855
2027-06-30$0.40$0.59$0.805
2027-09-30$0.42$0.62$0.845
2027-12-31$0.44$0.65$0.895
2028-03-31$0.46$0.68$0.937
2028-06-30$0.45$0.66$0.906
2028-09-30$0.46$0.68$0.936
2028-12-31$0.48$0.71$0.977
2029-12-31$2.01$2.40$2.852
2030-12-31$2.15$2.57$3.052

Frequently Asked Questions

What is the analyst consensus for MGY?

The consensus among 21 analysts covering Magnolia Oil & Gas Corporation (MGY) is Hold with an average price target of $28.50.

What is the highest price target for MGY?

The highest price target for MGY is $35.00, set by Neal Dingmann at Truist Financial on 2024-05-31.

What is the lowest price target for MGY?

The lowest price target for MGY is $14.00, set by Jeff Grampp at Northland Securities on 2021-06-16.

How many analysts cover MGY?

21 analysts have issued ratings for Magnolia Oil & Gas Corporation in the past 12 months.

Is MGY a buy or sell right now?

Based on 21 analyst ratings, MGY has a consensus rating of Hold (2.67/5) with a +6.9% upside to the consensus target of $28.50.

What are the earnings estimates for MGY?

Analysts estimate MGY will report EPS of $2.66 for the period ending 2026-12-31, with revenue estimated at $1.53B.

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