MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
85.17
-0.74 (-0.86%)
At close: Oct 28, 2025, 4:00 PM EDT
85.26
+0.09 (0.11%)
After-hours: Oct 28, 2025, 4:29 PM EDT
MGE Energy Stock Forecast
Stock Price Forecast
The 2 analysts that cover MGE Energy stock have a consensus rating of "Sell" and an average price target of $79, which forecasts a -7.24% decrease in the stock price over the next year. The lowest target is $75 and the highest is $83.
Price Target: $79 (-7.24%)
Analyst Consensus: Sell
* Price targets were last updated on Sep 25, 2025.
Analyst Ratings
The average analyst rating for MGE Energy stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $76 → $75 | Sell | Maintains | $76 → $75 | -11.94% | Sep 25, 2025 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Sell → Hold Upgrades $69 → $83 | Strong Sell → Hold | Upgrades | $69 → $83 | -2.55% | Sep 11, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $75 → $74 | Sell | Maintains | $75 → $74 | -13.11% | May 22, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $80 → $75 | Sell | Maintains | $80 → $75 | -11.94% | Apr 23, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $78 → $80 | Sell | Maintains | $78 → $80 | -6.07% | Mar 20, 2025 |
Financial Forecast
Revenue This Year
727.93M
from 659.94M
Increased by 10.30%
Revenue Next Year
751.82M
from 727.93M
Increased by 3.28%
EPS This Year
3.75
from 3.33
Increased by 12.59%
EPS Next Year
4.01
from 3.75
Increased by 6.84%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 767.9M | 795.0M | |||
| Avg | 727.9M | 751.8M | |||
| Low | 682.1M | 702.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 16.4% | 9.2% | |||
| Avg | 10.3% | 3.3% | |||
| Low | 3.4% | -3.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.90 | 4.19 | |||
| Avg | 3.75 | 4.01 | |||
| Low | 3.57 | 3.79 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.0% | 11.7% | |||
| Avg | 12.6% | 6.8% | |||
| Low | 7.2% | 1.0% |
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.