Magnolia Oil & Gas Corporation (MGY) Stock Forecast
Data as of May 2, 2026Energy · Current price $30.11 (-0.43%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Jan 27, 2026 | Hanwen Chang | Wells Fargo | $22.00 | -26.9% |
| Jan 9, 2026 | Peyton Dorne | UBS | $29.00 | -3.7% |
| Oct 15, 2025 | Tim Rezvan | KeyBanc | $29.00 | -3.7% |
| Apr 22, 2025 | Charles Minervino | Susquehanna | $30.00 | -0.4% |
| Oct 28, 2024 | Neal Dingmann | Truist Financial | $31.00 | +3.0% |
| Sep 16, 2024 | William Janela | Mizuho Securities | $27.00 | -10.3% |
| Jun 11, 2024 | Phillips Johnston | Capital One Financial | $28.00 | -7.0% |
| May 31, 2024 | Neal Dingmann | Truist Financial | $35.00 | +16.2% |
| Apr 19, 2024 | Mark Lear | Piper Sandler | $29.00 | -3.7% |
| Apr 18, 2024 | Hanwen Chang | Wells Fargo | $27.00 | -10.3% |
| Jul 27, 2022 | Leo Mariani | MKM Partners | $26.00 | -13.6% |
| Aug 5, 2021 | John Gerdes | MKM Partners | $16.00 | -46.9% |
| Jun 16, 2021 | Jeff Grampp | Northland Securities | $14.00 | -53.5% |
| Apr 20, 2021 | Umang Choudhary | Goldman Sachs | $14.50 | -51.8% |
Top Analysts Covering MGY
MGY vs Sector & Market
| Metric | MGY | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.70 | 2.53 | 2.41 |
| Analyst Count | 20 | 10 | 18 |
| Target Upside | -3.3% | +33.7% | +14.9% |
| P/E Ratio | 17.30 | 30.85 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $1.28B | $1.53B | $1.77B | 10 |
| 2027-03-31 | $284M | $376M | $484M | 4 |
| 2027-06-30 | $286M | $379M | $487M | 4 |
| 2027-09-30 | $294M | $390M | $502M | 5 |
| 2027-12-31 | $301M | $399M | $513M | 4 |
| 2028-03-31 | $298M | $395M | $507M | 3 |
| 2028-06-30 | $302M | $400M | $514M | 3 |
| 2028-09-30 | $306M | $405M | $521M | 5 |
| 2028-12-31 | $308M | $409M | $525M | 3 |
| 2029-12-31 | $1.38B | $1.57B | $1.80B | 5 |
| 2030-12-31 | $1.42B | $1.62B | $1.85B | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $1.40 | $2.66 | $3.68 | 12 |
| 2027-03-31 | $0.42 | $0.62 | $0.85 | 5 |
| 2027-06-30 | $0.40 | $0.59 | $0.80 | 5 |
| 2027-09-30 | $0.42 | $0.62 | $0.84 | 5 |
| 2027-12-31 | $0.44 | $0.65 | $0.89 | 5 |
| 2028-03-31 | $0.46 | $0.68 | $0.93 | 7 |
| 2028-06-30 | $0.45 | $0.66 | $0.90 | 6 |
| 2028-09-30 | $0.46 | $0.68 | $0.93 | 6 |
| 2028-12-31 | $0.48 | $0.71 | $0.97 | 7 |
| 2029-12-31 | $2.01 | $2.40 | $2.85 | 2 |
| 2030-12-31 | $2.15 | $2.57 | $3.05 | 2 |
Frequently Asked Questions
What is the analyst consensus for MGY?
The consensus among 20 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?
20 analysts have issued ratings for Magnolia Oil & Gas Corporation in the past 12 months.
Is MGY a buy or sell right now?
Based on 20 analyst ratings, MGY has a consensus rating of Hold (2.70/5) with a -3.3% 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.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.