MGP Ingredients, Inc. (MGPI)
NASDAQ: MGPI · Real-Time Price · USD
26.75
+0.01 (0.04%)
At close: Apr 17, 2025, 4:00 PM
27.85
+1.10 (4.11%)
After-hours: Apr 17, 2025, 5:36 PM EDT

MGP Ingredients Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for MGP Ingredients stock have an average target of 64.5, with a low estimate of 37 and a high estimate of 120. The average target predicts an increase of 141.12% from the current stock price of 26.75.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $37 $64.5 $60 $120
Change +38.32% +141.12% +124.30% +348.60%

Analyst Ratings

The average analyst rating for MGP Ingredients stock from 6 stock analysts 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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 222333
Buy 112222
Hold 222111
Sell 000000
Strong Sell 000000
Total 556666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Buy
Maintains
$40$37
Buy Maintains $40$37 +38.32% Apr 2, 2025
Lake Street
Lake Street
Strong Buy
Upgrades
$55$45
Strong Buy Upgrades $55$45 +68.22% Feb 27, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$58$44
Buy Maintains $58$44 +64.49% Jan 7, 2025
Roth MKM
Roth MKM
Strong Buy
Maintains
$65$60
Strong Buy Maintains $65$60 +124.30% Dec 23, 2024
TD Cowen
TD Cowen
Hold
Downgrades
$66$50
Hold Downgrades $66$50 +86.92% Nov 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
542.19M
from 703.63M
Decreased by -22.94%
Revenue Next Year
534.28M
from 542.19M
Decreased by -1.46%
EPS This Year
2.62
from 1.56
Increased by 68.17%
EPS Next Year
3.00
from 2.62
Increased by 14.51%
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
395.52M626.72M782.36M836.52M703.63M542.19M534.28M569.68M
Revenue Growth
9.04%58.45%24.83%6.92%-15.89%-22.94%-1.46%6.63%
EPS
2.374.374.924.801.562.623.003.27
EPS Growth
4.47%84.65%12.59%-2.44%-67.55%68.17%14.51%9.17%
Forward PE
-----10.218.928.17
No. Analysts -----883
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 564.8M 588.5M 586.4M
Avg 542.2M 534.3M 569.7M
Low 509.6M 444.1M 547.3M

Revenue Growth

Revenue Growth 202520262027
High
-19.7%
8.5%
9.8%
Avg
-22.9%
-1.5%
6.6%
Low
-27.6%
-18.1%
2.4%

EPS Forecast

EPS 202520262027
High 2.74 4.02 3.37
Avg 2.62 3.00 3.27
Low 2.41 2.53 3.15

EPS Growth

EPS Growth 202520262027
High
76.0%
53.5%
12.4%
Avg
68.2%
14.5%
9.2%
Low
54.8%
-3.4%
4.9%
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.