MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
70.09
+0.64 (0.92%)
Oct 1, 2026, 2:09 PM EDT - Market open
MGE Energy Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, MGE Energy stock has a consensus rating of "Hold" and an average price target of $76.8. The average 1-year stock price forecast is 9.57% higher than the current stock price, while the lowest is $71 (+1.30%) and the highest is $81 (+15.57%).
Price Target: $76.8 (+9.57%)
Analyst Consensus: Hold
Price Target
ChartAnalyst Ratings
The average analyst rating for MGE Energy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 2 | 2 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 1 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 2 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Hold Initiates $76 | Hold | Initiates | $76 | +8.43% | Sep 24, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Reiterates $74 → $71 | Sell | Reiterates | $74 → $71 | +1.30% | Sep 21, 2026 |
| Ladenburg Thalmann & Co. | Ladenburg Thalmann & Co. | Buy Upgrades $84 → $81 | Buy | Upgrades | $84 → $81 | +15.57% | Jun 8, 2026 |
| Freedom Capital Markets | Freedom Capital Markets | Hold Initiates $77 | Hold | Initiates | $77 | +9.86% | May 29, 2026 |
Financial Forecast
Revenue This Year
782.53M
from 726.65M
Increased by 7.69%
Revenue Next Year
821.45M
from 782.53M
Increased by 4.97%
EPS This Year
3.99
from 3.72
Increased by 7.26%
EPS Next Year
4.20
from 3.99
Increased by 5.14%
EPS and Forward PE are based on non-GAAP adjusted numbers.