MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
83.44
+0.14 (0.17%)
Sep 9, 2025, 4:00 PM - Market closed

MGE Energy Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MGE Energy stock has a target of 74, which predicts a -11.31% decrease from the current stock price of 83.44.

Price Target: $74 (-11.31%)
Analyst Consensus: Sell
TargetLowAverageMedianHigh
Price$74$74$74$74
Change-11.31%-11.31%-11.31%-11.31%
* Price targets were last updated on May 22, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for MGE Energy is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy000000
Buy000000
Hold000000
Sell111111
Strong Sell000000
Total111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Sell
Maintains
$75$74
SellMaintains$75$74-11.31%May 22, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$80$75
SellMaintains$80$75-10.12%Apr 23, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$78$80
SellMaintains$78$80-4.12%Mar 20, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$71$74
SellMaintains$71$74-11.31%Sep 25, 2024
Morgan Stanley
Morgan Stanley
Sell
Maintains
$66$71
SellMaintains$66$71-14.91%Aug 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
730.99M
from 659.94M
Increased by 10.77%
Revenue Next Year
756.41M
from 730.99M
Increased by 3.48%
EPS This Year
3.75
from 3.33
Increased by 12.73%
EPS Next Year
4.01
from 3.75
Increased by 6.79%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
524.53M593.08M699.82M673.93M659.94M730.99M756.41M
Revenue Growth
-5.48%13.07%18.00%-3.70%-2.08%10.77%3.48%
EPS
2.602.923.073.253.333.754.01
EPS Growth
3.56%12.52%5.07%5.93%2.45%12.73%6.79%
Forward PE
-----22.2320.82
No. Analysts
-----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High767.9M795.0M
Avg731.0M756.4M
Low688.0M711.5M

Revenue Growth

Revenue Growth20252026202720282029
High
16.4%
8.8%
Avg
10.8%
3.5%
Low
4.2%
-2.7%

EPS Forecast

EPS20252026202720282029
High3.904.19
Avg3.754.01
Low3.583.79

EPS Growth

EPS Growth20252026202720282029
High
17.0%
11.6%
Avg
12.7%
6.8%
Low
7.4%
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.