Matador Resources Company (MTDR)
NYSE: MTDR · IEX Real-Time Price · USD
64.06
-0.97 (-1.49%)
At close: Jul 19, 2024, 4:00 PM
63.93
-0.13 (-0.20%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Matador Resources Company Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for MTDR stock have an average target of 77.33, with a low estimate of 62 and a high estimate of 91. The average target predicts an increase of 20.71% from the current stock price of 64.06.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MTDR stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 5 | 5 | 5 | 5 |
| Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 11 | 11 | 11 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 18, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $85 → $88 | Buy | Maintains | $85 → $88 | +37.37% | Jul 17, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $83 | Buy | Initiates | $83 | +29.57% | Jun 21, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $83 → $85 | Strong Buy | Maintains | $83 → $85 | +32.69% | Jun 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $87 → $91 | Strong Buy | Maintains | $87 → $91 | +42.05% | Jun 13, 2024 |
Financial Forecast
Revenue This Year
3.51B
from 2.81B
Increased by 25.02%
Revenue Next Year
4.10B
from 3.51B
Increased by 16.90%
EPS This Year
7.83
from 7.05
Increased by 11.12%
EPS Next Year
9.02
from 7.83
Increased by 15.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.0B | 5.3B | 5.6B |
| Avg | 3.5B | 4.1B | 4.6B |
| Low | 3.0B | 3.4B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.9% | 51.1% | 35.5% |
| Avg | 25.0% | 16.9% | 11.5% |
| Low | 7.9% | -3.4% | -12.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.97 | 14.22 | 15.51 |
| Avg | 7.83 | 9.02 | 9.08 |
| Low | 7.15 | 7.28 | 5.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.2% | 81.5% | 71.9% |
| Avg | 11.1% | 15.1% | 0.7% |
| Low | 1.4% | -7.1% | -38.5% |
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.