Matador Resources Company (MTDR)
NYSE: MTDR · Real-Time Price · USD
51.70
-0.26 (-0.50%)
Sep 18, 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 77.5, with a low estimate of 62 and a high estimate of 89. The average target predicts an increase of 49.90% from the current stock price of 51.70.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $62 $77.5 $76 $89
Change +19.92% +49.90% +47.00% +72.15%

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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 555665
Buy 667667
Hold 000111
Sell 000000
Strong Sell 000000
Total 111112131313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$85$74
Buy Maintains $85$74 +43.13% Sep 16, 2024
JP Morgan
JP Morgan
Buy
Maintains
$83$76
Buy Maintains $83$76 +47.00% Sep 12, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$88$89
Buy Maintains $88$89 +72.15% Jul 29, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$75
Buy Reiterates $75 +45.07% Jul 25, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$83$81
Buy Maintains $83$81 +56.67% Jul 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.61B
from 2.62B
Increased by 38.07%
Revenue Next Year
4.43B
from 3.61B
Increased by 22.50%
EPS This Year
8.20
from 7.05
Increased by 16.25%
EPS Next Year
9.84
from 8.20
Increased by 20.03%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.03B851.14M1.86B2.97B2.62B3.61B4.43B4.75B
Revenue Growth
23.69%-17.06%118.78%59.70%-11.98%38.07%22.50%7.23%
EPS
0.75-5.114.9110.117.058.209.8410.08
EPS Growth
-68.88%--105.91%-30.27%16.25%20.03%2.51%
Forward PE
-----6.315.265.13
No. Analysts -----181810
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 3.9B 5.0B 5.3B
Avg 3.6B 4.4B 4.7B
Low 3.2B 3.9B 4.3B

Revenue Growth

Revenue Growth 202420252026
High
48.5%
38.7%
19.2%
Avg
38.1%
22.5%
7.2%
Low
24.1%
9.2%
-2.7%

EPS Forecast

EPS 202420252026
High 8.94 12.40 13.78
Avg 8.20 9.84 10.08
Low 6.93 7.65 6.92

EPS Growth

EPS Growth 202420252026
High
26.7%
51.3%
40.0%
Avg
16.3%
20.0%
2.5%
Low
-1.7%
-6.7%
-29.7%
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.