MGP Ingredients, Inc. (MGPI)

MGP Ingredients Stock Forecast

Stock Price Forecast

The 5 analysts that cover MGP Ingredients stock have a consensus rating of "Strong Buy" and an average price target of $45.4, which forecasts a 57.75% increase in the stock price over the next year. The lowest target is $35 and the highest is $60.

Price Target: $45.4 (+57.75%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$35	$45.4	$45	$60
Change	+21.61%	+57.75%	+56.36%	+108.48%

* Price targets were last updated on Apr 24, 2025.

Analyst Ratings

The average analyst rating for MGP Ingredients 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	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	3	3	3	3	3	3
Buy	2	2	2	2	2	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Chappell Truist Securities	Truist Securities	Strong Buy Maintains $40 → $35	Strong Buy	Maintains	$40 → $35	+21.61%	Apr 24, 2025
Marc Torrente Wells Fargo	Wells Fargo	Buy Maintains $40 → $37	Buy	Maintains	$40 → $37	+28.56%	Apr 2, 2025
Ben Klieve Lake Street	Lake Street	Hold → Strong Buy Upgrades $55 → $45	Hold → Strong Buy	Upgrades	$55 → $45	+56.36%	Feb 27, 2025
Marc Torrente Wells Fargo	Wells Fargo	Buy Maintains $58 → $44	Buy	Maintains	$58 → $44	+52.88%	Jan 7, 2025
Sean McGowan Roth MKM	Roth MKM	Strong Buy Maintains $65 → $60	Strong Buy	Maintains	$65 → $60	+108.48%	Dec 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

542.75M

Decreased by -22.86%

from 703.63M

Revenue Next Year

530.33M

Decreased by -2.29%

from 542.75M

EPS This Year

2.54

Increased by 63.11%

from 1.56

EPS Next Year

2.79

Increased by 9.92%

from 2.54

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	395.52M	626.72M	782.36M	836.52M	703.63M	542.75M	530.33M	571.58M
Revenue Growth	9.04%	58.45%	24.83%	6.92%	-15.89%	-22.86%	-2.29%	7.78%
EPS	2.37	4.37	4.92	4.80	1.56	2.54	2.79	3.26
EPS Growth	4.47%	84.65%	12.59%	-2.44%	-67.55%	63.11%	9.92%	16.70%
Forward PE	-	-	-	-	-	11.33	10.31	8.83
No. Analysts	-	-	-	-	-	8	8	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	566.1M	580.9M	592.7M
Avg	542.8M	530.3M	571.6M
Low	516.5M	439.4M	545.1M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-19.5%	7.0%	11.8%
Avg	-22.9%	-2.3%	7.8%
Low	-26.6%	-19.0%	2.8%

EPS Forecast

EPS	2025	2026	2027
High	2.74	3.02	3.36
Avg	2.54	2.79	3.26
Low	2.16	2.59	3.13

EPS Growth

EPS Growth	2025	2026	2027
High	76.0%	19.0%	20.3%
Avg	63.1%	9.9%	16.7%
Low	38.4%	1.8%	11.9%

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.