MGP Ingredients, Inc. (MGPI)
NASDAQ: MGPI · Real-Time Price · USD
17.89
-0.16 (-0.89%)
At close: Mar 13, 2026, 4:00 PM EDT
17.75
-0.14 (-0.81%)
After-hours: Mar 13, 2026, 7:44 PM EDT
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 $30, which forecasts a 67.69% increase in the stock price over the next year. The lowest target is $24 and the highest is $35.
Price Target: $30 (+67.69%)
Analyst Consensus: Strong Buy
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 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth Capital | Roth Capital | Strong Buy Maintains $41 → $32 | Strong Buy | Maintains | $41 → $32 | +78.87% | Feb 26, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $29 → $24 | Buy | Maintains | $29 → $24 | +34.15% | Feb 26, 2026 |
| Benchmark | Benchmark | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +95.64% | Jan 22, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $27 → $24 | Hold | Maintains | $27 → $24 | +34.15% | Jan 8, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $33 → $29 | Buy | Maintains | $33 → $29 | +62.10% | Jan 5, 2026 |
Financial Forecast
Revenue This Year
495.93M
from 536.38M
Decreased by -7.54%
Revenue Next Year
521.28M
from 495.93M
Increased by 5.11%
EPS This Year
1.80
from -4.99
EPS Next Year
2.10
from 1.80
Increased by 16.86%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 515.7M | 540.5M | |
| Avg | 495.9M | 521.3M | |
| Low | 472.4M | 496.4M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -3.9% | 9.0% | |
| Avg | -7.5% | 5.1% | |
| Low | -11.9% | 0.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.38 | 2.25 | |
| Avg | 1.80 | 2.10 | |
| Low | 1.51 | 1.95 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 25.2% | |
| Avg | - | 16.9% | |
| Low | - | 8.6% |
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.