Magnolia Oil & Gas Corporation (MGY)
NYSE: MGY · Real-Time Price · USD
24.10
-0.38 (-1.55%)
Oct 9, 2026, 4:00 PM EDT - Market closed
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 $33.29. The average 1-year stock price forecast is 38.13% higher than the current stock price, while the lowest is $27 (+12.03%) and the highest is $38 (+57.68%).
Price Target: $33.29 (+38.13%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 11 | 11 | 12 | 12 |
| Buy | 0 | 0 | 0 | 1 | 2 | 2 |
| Hold | 9 | 8 | 7 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains $33 → $36 | Buy | Maintains | $33 → $36 | +49.38% | Oct 9, 2026 |
| UBS | UBS | Buy Maintains $34 | Buy | Maintains | $34 | +41.08% | Oct 9, 2026 |
Unknown Analyst StoneX No rating | StoneX | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Oct 6, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $36 | Hold | Maintains | $36 | +49.38% | Oct 5, 2026 |
| Truist Financial | Truist Financial | Buy Reiterates $34 → $35 | Buy | Reiterates | $34 → $35 | +45.23% | Oct 2, 2026 |
Financial Forecast
Revenue This Year
2.01B
from 1.31B
Increased by 52.97%
Revenue Next Year
2.72B
from 2.01B
Increased by 35.30%
EPS This Year
2.91
from 1.74
Increased by 67.16%
EPS Next Year
2.99
from 2.91
Increased by 2.48%
EPS and Forward PE are based on non-GAAP adjusted numbers.