MGP Ingredients, Inc. (MGPI)

MGP Ingredients Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for MGP Ingredients stock have an average target of 45.4, with a low estimate of 35 and a high estimate of 60. The average target predicts an increase of 38.04% from the current stock price of 32.89.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$35	$45.4	$45	$60
Change	+6.42%	+38.04%	+36.82%	+82.43%

Analyst Ratings

The average analyst rating for MGP Ingredients stock from 5 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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	2	2	3	3	3	3
Buy	1	2	2	2	2	1
Hold	2	2	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	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	+6.42%	Apr 24, 2025
Marc Torrente Wells Fargo	Wells Fargo	Buy Maintains $40 → $37	Buy	Maintains	$40 → $37	+12.50%	Apr 2, 2025
Ben Klieve Lake Street	Lake Street	Hold → Strong Buy Upgrades $55 → $45	Hold → Strong Buy	Upgrades	$55 → $45	+36.82%	Feb 27, 2025
Marc Torrente Wells Fargo	Wells Fargo	Buy Maintains $58 → $44	Buy	Maintains	$58 → $44	+33.78%	Jan 7, 2025
Sean McGowan Roth MKM	Roth MKM	Strong Buy Maintains $65 → $60	Strong Buy	Maintains	$65 → $60	+82.43%	Dec 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

539.99M

Decreased by -23.26%

from 703.63M

Revenue Next Year

528.84M

Decreased by -2.06%

from 539.99M

EPS This Year

2.61

Increased by 67.58%

from 1.56

EPS Next Year

2.99

Increased by 14.59%

from 2.61

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	539.99M	528.84M	570.34M
Revenue Growth	9.04%	58.45%	24.83%	6.92%	-15.89%	-23.26%	-2.06%	7.85%
EPS	2.37	4.37	4.92	4.80	1.56	2.61	2.99	3.27
EPS Growth	4.47%	84.65%	12.59%	-2.44%	-67.55%	67.58%	14.59%	9.47%
Forward PE	-	-	-	-	-	12.60	11.00	10.05
No. Analysts	-	-	-	-	-	8	8	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	564.8M	588.5M	587.8M
Avg	540.0M	528.8M	570.3M
Low	509.6M	444.1M	547.3M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-19.7%	9.0%	11.1%
Avg	-23.3%	-2.1%	7.8%
Low	-27.6%	-17.8%	3.5%

EPS Forecast

EPS	2025	2026	2027
High	2.74	4.02	3.37
Avg	2.61	2.99	3.27
Low	2.41	2.48	3.15

EPS Growth

EPS Growth	2025	2026	2027
High	76.0%	54.1%	12.7%
Avg	67.6%	14.6%	9.5%
Low	54.8%	-4.9%	5.2%

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.