MGP Ingredients, Inc. (MGPI)
NASDAQ: MGPI · Real-Time Price · USD
29.85
+0.27 (0.91%)
At close: Jun 4, 2025, 4:00 PM
29.99
+0.14 (0.47%)
After-hours: Jun 4, 2025, 7:49 PM EDT
MGP Ingredients Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for MGP Ingredients stock ranges from a low of $35 to a high of $60. The average analyst price target of $45.4 forecasts a 52.09% increase in the stock price over the next year.
Price Target: $45.40 (+52.09%)
Analyst Consensus: Strong Buy
* 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 | 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 |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $40 → $35 | Strong Buy | Maintains | $40 → $35 | +17.25% | Apr 24, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $40 → $37 | Buy | Maintains | $40 → $37 | +23.95% | Apr 2, 2025 |
| Lake Street | Lake Street | Hold → Strong Buy Upgrades $55 → $45 | Hold → Strong Buy | Upgrades | $55 → $45 | +50.75% | Feb 27, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $58 → $44 | Buy | Maintains | $58 → $44 | +47.40% | Jan 7, 2025 |
| Roth MKM | Roth MKM | Strong Buy Maintains $65 → $60 | Strong Buy | Maintains | $65 → $60 | +101.01% | Dec 23, 2024 |
Financial Forecast
Revenue This Year
542.69M
from 703.63M
Decreased by -22.87%
Revenue Next Year
530.45M
from 542.69M
Decreased by -2.26%
EPS This Year
2.54
from 1.56
Increased by 63.11%
EPS Next Year
2.87
from 2.54
Increased by 12.80%
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 | 542.7M | 530.5M | 572.0M |
| Low | 516.5M | 439.4M | 545.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -19.5% | 7.0% | 11.7% |
| Avg | -22.9% | -2.3% | 7.8% |
| Low | -26.6% | -19.0% | 2.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.74 | 3.32 | 3.36 |
| Avg | 2.54 | 2.87 | 3.26 |
| Low | 2.16 | 2.59 | 3.13 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 76.0% | 30.6% | 17.2% |
| Avg | 63.1% | 12.8% | 13.7% |
| Low | 38.4% | 1.8% | 9.1% |
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.