Magnolia Oil & Gas Corporation (MGY)
NYSE: MGY · Real-Time Price · USD
29.24
-0.38 (-1.28%)
At close: Apr 24, 2026, 4:00 PM EDT
29.13
-0.11 (-0.38%)
After-hours: Apr 24, 2026, 7:39 PM EDT

Magnolia Oil & Gas Stock Forecast

Stock Price Forecast

The 14 analysts that cover Magnolia Oil & Gas stock have a consensus rating of "Buy" and an average price target of $30.29, which forecasts a 3.59% increase in the stock price over the next year. The lowest target is $25 and the highest is $38.

Price Target: $30.29 (+3.59%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$25$30.29$31$38
Change-14.50%+3.59%+6.02%+29.96%

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

RatingNov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy113333
Buy334444
Hold556778
Sell110000
Strong Sell111000
Total111114141415

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citigroup
Citigroup
Hold
Maintains
$35$32
HoldMaintains$35$32+9.44%Apr 13, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$25$32
HoldMaintains$25$32+9.44%Apr 10, 2026
Roth Capital
Roth Capital
Hold
Downgrades
$29$32
HoldDowngrades$29$32+9.44%Apr 8, 2026
Keybanc
Keybanc
Buy
Maintains
$30$38
BuyMaintains$30$38+29.96%Apr 2, 2026
Citigroup
Citigroup
Hold
Maintains
$29$35
HoldMaintains$29$35+19.70%Mar 31, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.50B
from 1.31B
Increased by 14.65%
Revenue Next Year
1.53B
from 1.50B
Increased by 1.99%
EPS This Year
2.30
from 1.73
Increased by 33.24%
EPS Next Year
2.33
from 2.30
Increased by 1.32%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
1.08B1.69B1.23B1.32B1.31B1.50B1.53B
Revenue Growth
99.21%57.14%-27.59%7.25%-0.31%14.65%1.99%
EPS
2.364.712.041.941.732.302.33
EPS Growth
-99.40%-56.75%-4.89%-10.85%33.24%1.32%
Forward PE
-----12.7012.53
No. Analysts
-----2321
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High2.0B1.8B
Avg1.5B1.5B
Low1.2B1.4B

Revenue Growth

Revenue Growth20262027202820292030
High
49.3%
22.0%
Avg
14.6%
2.0%
Low
-8.3%
-9.4%

EPS Forecast

EPS202620272028202920302031
High3.893.22
Avg2.302.33
Low1.161.55

EPS Growth

EPS Growth202620272028202920302031
High
124.7%
40.0%
Avg
33.2%
1.3%
Low
-33.1%
-32.8%
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.