Matador Resources Company (MTDR)
NYSE: MTDR · IEX Real-Time Price · USD
63.60
-0.50 (-0.78%)
May 8, 2024, 2:00 PM EDT - Market open
Matador Resources Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for MTDR stock have an average target of 74.91, with a low estimate of 62 and a high estimate of 87. The average target predicts an increase of 17.78% from the current stock price of 63.60.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MTDR stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 5 | 5 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $85 → $87 | Strong Buy | Maintains | $85 → $87 | +36.79% | Apr 26, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $76 → $78 | Strong Buy | Maintains | $76 → $78 | +22.64% | Apr 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $71 → $62 | Strong Buy | Maintains | $71 → $62 | -2.52% | Apr 23, 2024 |
| Keybanc | Keybanc | Buy Maintains $71 → $76 | Buy | Maintains | $71 → $76 | +19.50% | Apr 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $76 → $85 | Buy | Maintains | $76 → $85 | +33.65% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
3.31B
from 2.81B
Increased by 18.04%
Revenue Next Year
3.75B
from 3.31B
Increased by 13.22%
EPS This Year
7.19
from 7.05
Increased by 2.02%
EPS Next Year
8.43
from 7.19
Increased by 17.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.9B | 4.9B | 4.4B |
| Avg | 3.3B | 3.8B | 3.8B |
| Low | 2.9B | 3.1B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 38.1% | 47.5% | 17.0% |
| Avg | 18.0% | 13.2% | 2.1% |
| Low | 4.5% | -5.3% | -13.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.14 | 14.16 | 9.60 |
| Avg | 7.19 | 8.43 | 7.68 |
| Low | 5.92 | 5.55 | 5.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.6% | 96.9% | 13.9% |
| Avg | 2.0% | 17.2% | -8.8% |
| Low | -16.0% | -22.8% | -34.2% |
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.