Matador Resources Company (MTDR)
NYSE: MTDR · Real-Time Price · USD
60.91
+0.75 (1.25%)
Nov 22, 2024, 4:00 PM EST - Market closed
Matador Resources Company Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for MTDR stock have an average target of 75.23, with a low estimate of 62 and a high estimate of 87. The average target predicts an increase of 23.51% from the current stock price of 60.91.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MTDR stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 5 | 5 | 5 |
| Buy | 7 | 6 | 6 | 7 | 8 | 8 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $77 → $71 | Buy | Maintains | $77 → $71 | +16.57% | Oct 30, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $70 | Buy | Reiterates | $70 | +14.92% | Oct 24, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $78 | Buy | Reiterates | $78 | +28.06% | Oct 23, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +1.79% | Oct 23, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $76 → $78 | Buy | Maintains | $76 → $78 | +28.06% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
3.51B
from 2.62B
Increased by 34.10%
Revenue Next Year
4.19B
from 3.51B
Increased by 19.49%
EPS This Year
7.67
from 7.05
Increased by 8.79%
EPS Next Year
8.16
from 7.67
Increased by 6.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.8B | 4.9B |
| Avg | 3.5B | 4.2B | 4.3B |
| Low | 3.2B | 3.7B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 44.1% | 35.7% | 17.9% |
| Avg | 34.1% | 19.5% | 3.6% |
| Low | 21.2% | 4.4% | -14.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.21 | 10.32 | 11.26 |
| Avg | 7.67 | 8.16 | 8.66 |
| Low | 6.94 | 6.52 | 6.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.5% | 34.6% | 37.9% |
| Avg | 8.8% | 6.4% | 6.1% |
| Low | -1.6% | -15.0% | -16.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.