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
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
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 5 | 5 | 6 | 7 | 7 | 8 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 11 | 11 | 14 | 14 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $35 → $32 | Hold | Maintains | $35 → $32 | +9.44% | Apr 13, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $25 → $32 | Hold | Maintains | $25 → $32 | +9.44% | Apr 10, 2026 |
| Roth Capital | Roth Capital | Strong Buy → Hold Downgrades $29 → $32 | Strong Buy → Hold | Downgrades | $29 → $32 | +9.44% | Apr 8, 2026 |
| Keybanc | Keybanc | Buy Maintains $30 → $38 | Buy | Maintains | $30 → $38 | +29.96% | Apr 2, 2026 |
| Citigroup | Citigroup | Hold Maintains $29 → $35 | Hold | Maintains | $29 → $35 | +19.70% | Mar 31, 2026 |
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%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.0B | 1.8B | |||
| Avg | 1.5B | 1.5B | |||
| Low | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 49.3% | 22.0% | |||
| Avg | 14.6% | 2.0% | |||
| Low | -8.3% | -9.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | 3.89 | 3.22 | ||||
| Avg | 2.30 | 2.33 | ||||
| Low | 1.16 | 1.55 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| 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.