Matador Resources Company (MTDR)
NYSE: MTDR · IEX Real-Time Price · USD
61.44
-0.25 (-0.41%)
Jul 26, 2024, 4:00 PM EDT - Market closed
Matador Resources Company Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for MTDR stock have an average target of 78.42, with a low estimate of 62 and a high estimate of 88. The average target predicts an increase of 27.64% from the current stock price of 61.44.
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 | 6 |
| Buy | 6 | 6 | 6 | 6 | 7 | 6 |
| 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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $75 | Buy | Reiterates | $75 | +22.07% | Jul 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $83 → $81 | Buy | Maintains | $83 → $81 | +31.84% | Jul 24, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +0.91% | Jul 24, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $85 → $87 | Strong Buy | Maintains | $85 → $87 | +41.60% | Jul 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $91 → $86 | Strong Buy | Maintains | $91 → $86 | +39.97% | Jul 22, 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.