MGP Ingredients, Inc. (MGPI)
NASDAQ: MGPI · Real-Time Price · USD
29.22
-0.40 (-1.35%)
Mar 28, 2025, 4:00 PM EDT - Market closed
MGP Ingredients Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for MGP Ingredients stock have an average target of 65.67, with a low estimate of 44 and a high estimate of 120. The average target predicts an increase of 124.74% from the current stock price of 29.22.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 27, 2025.
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 1 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Hold → Strong Buy Upgrades $55 → $45 | Hold → Strong Buy | Upgrades | $55 → $45 | +54.00% | Feb 27, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $58 → $44 | Buy | Maintains | $58 → $44 | +50.58% | Jan 7, 2025 |
| Roth MKM | Roth MKM | Strong Buy Maintains $65 → $60 | Strong Buy | Maintains | $65 → $60 | +105.34% | Dec 23, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $66 → $50 | Strong Buy → Hold | Downgrades | $66 → $50 | +71.12% | Nov 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $69 → $65 | Strong Buy | Maintains | $69 → $65 | +122.45% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
542.24M
from 703.63M
Decreased by -22.94%
Revenue Next Year
535.54M
from 542.24M
Decreased by -1.24%
EPS This Year
3.53
from 1.56
Increased by 126.92%
EPS Next Year
4.24
from 3.53
Increased by 19.98%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 564.8M | 589.1M | 586.4M |
| Avg | 542.2M | 535.5M | 569.7M |
| Low | 509.6M | 444.1M | 547.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -19.7% | 8.6% | 9.5% |
| Avg | -22.9% | -1.2% | 6.4% |
| Low | -27.6% | -18.1% | 2.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.03 | 4.89 | 4.90 |
| Avg | 3.53 | 4.24 | 4.76 |
| Low | 2.94 | 3.63 | 4.58 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 158.9% | 38.4% | 15.6% |
| Avg | 126.9% | 20.0% | 12.3% |
| Low | 88.8% | 2.6% | 7.9% |
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.