MDU Resources Group, Inc. (MDU)

MDU Resources Group Stock Forecast

Stock Price Forecast

The 2 analysts that cover MDU Resources Group stock have a consensus rating of "Strong Buy" and an average price target of $19.5, which forecasts a 0.46% increase in the stock price over the next year. The lowest target is $17 and the highest is $22.

Price Target: $19.5 (+0.46%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$17	$19.5	$22	$22
Change	-12.42%	+0.46%	+13.34%	+13.34%

Analyst Ratings

The average analyst rating for MDU Resources Group stock 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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	1	1	1	1	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $20 → $22	Strong Buy	Maintains	$20 → $22	+13.34%	Oct 22, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $18 → $20	Hold → Strong Buy	Upgrades	$18 → $20	+3.04%	Sep 19, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Initiates $18	Hold	Initiates	$18	-7.26%	Jan 8, 2025
Dariusz Lozny B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $31 → $17	Hold → Strong Buy	Upgrades	$31 → $17	-12.42%	Nov 5, 2024
Dariusz Lozny B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $30 → $31	Strong Buy → Hold	Downgrades	$30 → $31	+59.71%	Oct 21, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.92B

Increased by 9.10%

from 1.76B

Revenue Next Year

1.98B

Increased by 3.08%

from 1.92B

EPS This Year

0.95

Decreased by -30.47%

from 1.37

EPS Next Year

1.03

Increased by 8.53%

from 0.95

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.53B	3.45B	1.75B	1.80B	1.76B	1.92B	1.98B
Revenue Growth	3.67%	-37.56%	-49.42%	3.21%	-2.52%	9.10%	3.08%
EPS	1.95	1.87	1.81	2.03	1.37	0.95	1.03
EPS Growth	15.23%	-3.91%	-3.37%	12.60%	-32.73%	-30.47%	8.53%
Forward PE	-	-	-	-	-	20.39	18.79
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	2.0B	2.1B
Avg	1.9B	2.0B
Low	1.8B	1.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	15.6%	11.5%
Avg	9.1%	3.1%
Low	3.3%	-6.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.03	1.11
Avg	0.95	1.03
Low	0.89	0.95

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-24.8%	16.9%
Avg	-30.5%	8.5%
Low	-34.8%	-0.1%

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.