Magnolia Oil & Gas Corporation (MGY)
NYSE: MGY · Real-Time Price · USD
26.50
+0.28 (1.07%)
At close: Oct 30, 2026, 4:00 PM EDT
26.22
-0.28 (-1.06%)
After-hours: Oct 30, 2026, 7:30 PM EDT

Magnolia Oil & Gas Stock Forecast

Stock Price Forecast

According to 20 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 24.75% higher than the current stock price, while the lowest is $26 (-1.89%) and the highest is $39 (+47.17%).

Price Target: $33.06 (+24.75%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$26$33.06$33$39
Change-1.89%+24.75%+24.53%+47.17%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy91011111212
Buy000123
Hold987655
Sell000000
Strong Sell000000
Total181818181920

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Reiterates
$34 → $35
BuyReiterates$34 → $35+32.08%Oct 15, 2026
Scotiabank
Scotiabank
Buy
Initiates
$31
BuyInitiates$31+16.98%Oct 14, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$36 → $30
HoldReiterates$36 → $30+13.21%Oct 14, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$33 → $36
BuyMaintains$33 → $36+35.85%Oct 9, 2026
Unknown Analyst
StoneX
No rating
StoneX
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.05B
from 1.31B
Increased by 56.60%
Revenue Next Year
2.77B
from 2.05B
Increased by 34.67%
EPS This Year
3.00
from 1.74
Increased by 72.23%
EPS Next Year
3.13
from 3.00
Increased by 4.38%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.08B1.69B1.23B1.32B1.31B2.05B
Revenue Growth
99.21%57.14%-27.59%7.25%-0.31%56.60%
Gross Profit
939.80M1.50B1.03B1.10B1.06B1.73B
Gross Margin
87.15%88.42%83.71%83.23%80.66%84.45%
Operating Income
599.48M1.07B534.49M511.99M439.18M883.77M
Net Income
417.28M893.84M388.30M366.03M325.25M629.74M
EPS
----1.743.00
EPS Growth
-----12.02%72.23%
Forward PE
7.336.268.2511.8812.868.82
Dividend / Share
0.280.320.480.540.620.65
Dividend Growth
-12.50%50.79%13.68%13.89%6.06%
Free Cash Flow
----409.16M786.22M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.2B
Avg2.1B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
66.3%
Avg
56.6%
Low
42.8%

EPS Forecast

EPS202620272028
High3.37
Avg3.00
Low2.48

EPS Growth

EPS Growth202620272028
High
93.1%
Avg
72.2%
Low
42.2%