Magnolia Oil & Gas Corporation (MGY)
NYSE: MGY · Real-Time Price · USD
25.18
-0.50 (-1.95%)
At close: Sep 18, 2026, 4:00 PM EDT
25.68
+0.50 (1.99%)
After-hours: Sep 18, 2026, 7:30 PM EDT

Magnolia Oil & Gas Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Magnolia Oil & Gas stock has a consensus rating of "Buy" and an average price target of $33.06. The average 1-year stock price forecast is 31.29% higher than the current stock price, while the lowest is $26 (+3.26%) and the highest is $38 (+50.91%).

Price Target: $33.06 (+31.29%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$26$33.06$33$38
Change+3.26%+31.29%+31.06%+50.91%

Analyst Ratings

The average analyst rating for Magnolia Oil & Gas stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy10910111111
Buy000011
Hold998767
Sell000000
Strong Sell000000
Total191818181819

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Clear Street
Clear Street
Buy
Reiterates
$37
BuyReiterates$37+46.94%Sep 16, 2026
UBS
UBS
Buy
Maintains
$34
BuyMaintains$34+35.03%Sep 11, 2026
J.P. Morgan
J.P. Morgan
Buy
Upgrades
$32$33
BuyUpgrades$32$33+31.06%Sep 8, 2026
Unknown Analyst
Seaport Global
No rating
Seaport Global
Hold
Initiates
$27
HoldInitiates$27+7.23%Sep 3, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$36
HoldMaintains$36+42.97%Sep 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.96B
from 1.31B
Increased by 49.41%
Revenue Next Year
2.72B
from 1.96B
Increased by 38.92%
EPS This Year
3.06
from 1.74
Increased by 75.56%
EPS Next Year
3.30
from 3.06
Increased by 7.76%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.08B1.69B1.23B1.32B1.31B1.96B
Revenue Growth
99.21%57.14%-27.59%7.25%-0.31%49.41%
Gross Profit
939.80M1.50B1.03B1.10B1.06B1.65B
Gross Margin
87.15%88.42%83.71%83.23%80.66%84.17%
Operating Income
599.48M1.07B534.49M511.99M439.18M885.83M
Net Income
417.28M893.84M388.30M366.03M325.25M625.80M
EPS
----1.743.06
EPS Growth
-----12.02%75.56%
Forward PE
7.336.268.2511.8812.868.22
Dividend / Share
0.280.320.480.540.620.66
Dividend Growth
-12.50%50.79%13.68%13.89%6.71%
Free Cash Flow
----226.26M829.59M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.2B
Avg2.0B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
65.9%
Avg
49.4%
Low
41.3%

EPS Forecast

EPS202620272028
High3.66
Avg3.06
Low2.67

EPS Growth

EPS Growth202620272028
High
109.9%
Avg
75.6%
Low
53.1%