Magnolia Oil & Gas Corporation (MGY)
NYSE: MGY · Real-Time Price · USD
24.04
-0.56 (-2.28%)
Feb 21, 2025, 4:00 PM EST - Market closed
Magnolia Oil & Gas Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Magnolia Oil & Gas stock have an average target of 26.9, with a low estimate of 22 and a high estimate of 34. The average target predicts an increase of 11.90% from the current stock price of 24.04.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Magnolia Oil & Gas stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 5 | 5 | 5 | 6 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 13 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $27 → $26 | Strong Buy → Hold | Downgrades | $27 → $26 | +8.15% | Jan 31, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $26 | Hold | Maintains | $24 → $26 | +8.15% | Jan 29, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $33 → $34 | Strong Buy | Maintains | $33 → $34 | +41.43% | Jan 13, 2025 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $29 → $28 | Strong Buy → Hold | Downgrades | $29 → $28 | +16.47% | Jan 13, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $24 | Hold | Maintains | $26 → $24 | -0.17% | Dec 17, 2024 |
Financial Forecast
Revenue This Year
1.33B
from 1.23B
Increased by 8.23%
Revenue Next Year
1.36B
from 1.33B
Increased by 2.11%
EPS This Year
1.99
from 2.04
Decreased by -2.38%
EPS Next Year
2.08
from 1.99
Increased by 4.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.5B | 1.7B |
| Avg | 1.3B | 1.4B | 1.4B |
| Low | 1.3B | 1.2B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.9% | 12.8% | 22.1% |
| Avg | 8.2% | 2.1% | 6.2% |
| Low | 4.2% | -13.1% | -14.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.19 | 2.58 | 3.21 | |
| Avg | 1.99 | 2.08 | 2.26 | |
| Low | 1.83 | 1.27 | 1.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.7% | 29.8% | 54.2% | |
| Avg | -2.4% | 4.7% | 8.4% | |
| Low | -10.1% | -36.3% | -36.0% |
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.