Magnolia Oil & Gas Corporation (MGY)

Magnolia Oil & Gas Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Magnolia Oil & Gas stock have an average target of 26.64, with a low estimate of 22 and a high estimate of 34. The average target predicts an increase of 6.77% from the current stock price of 24.95.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$22	$26.64	$26	$34
Change	-11.82%	+6.77%	+4.21%	+36.27%

Analyst Ratings

The average analyst rating for Magnolia Oil & Gas stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	3	3	3	1	1	1
Buy	3	3	3	3	3	3
Hold	5	5	5	6	6	7
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	13	13	13	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Zach Parham JP Morgan	JP Morgan	Hold Maintains $28 → $24	Hold	Maintains	$28 → $24	-3.81%	Mar 13, 2025
Umang Choudhary Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $27 → $26	Strong Buy → Hold	Downgrades	$27 → $26	+4.21%	Jan 31, 2025
Mark Lear Piper Sandler	Piper Sandler	Hold Maintains $24 → $26	Hold	Maintains	$24 → $26	+4.21%	Jan 29, 2025
Neal Dingmann Truist Securities	Truist Securities	Strong Buy Maintains $33 → $34	Strong Buy	Maintains	$33 → $34	+36.27%	Jan 13, 2025
Noah Hungness B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $29 → $28	Strong Buy → Hold	Downgrades	$29 → $28	+12.22%	Jan 13, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.38B

Increased by 4.87%

from 1.32B

Revenue Next Year

1.46B

Increased by 6.09%

from 1.38B

EPS This Year

2.15

Increased by 11.05%

from 1.94

EPS Next Year

2.28

Increased by 5.69%

from 2.15

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	541.30M	1.08B	1.69B	1.23B	1.32B	1.38B	1.46B	1.44B
Revenue Growth	-42.55%	99.21%	57.14%	-27.59%	7.25%	4.87%	6.09%	-1.91%
EPS	-7.27	2.36	4.71	2.04	1.94	2.15	2.28	2.29
EPS Growth	-	-	99.40%	-56.75%	-4.90%	11.05%	5.69%	0.43%
Forward PE	-	-	-	-	-	11.59	10.96	10.92
No. Analysts	-	-	-	-	-	18	14	5

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.5B	1.7B	1.5B
Avg	1.4B	1.5B	1.4B
Low	1.2B	1.3B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.9%	19.6%	2.0%
Avg	4.9%	6.1%	-1.9%
Low	-5.3%	-4.6%	-4.8%

EPS Forecast

EPS	2025	2026	2027	2028
High	2.59	3.21	2.76
Avg	2.15	2.28	2.29
Low	1.51	1.78	2.01

EPS Growth

EPS Growth	2025	2026	2027	2028
High	33.8%	49.2%	21.4%
Avg	11.1%	5.7%	0.4%
Low	-22.1%	-17.2%	-11.7%

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.