Matador Resources Company (MTDR)
NYSE: MTDR · Real-Time Price · USD
52.20
+0.50 (0.97%)
Sep 19, 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 48.47% from the current stock price of 52.20.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 6 | 5 |
| Buy | 6 | 6 | 7 | 6 | 6 | 7 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $85 → $74 | Buy | Maintains | $85 → $74 | +41.76% | Sep 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $83 → $76 | Buy | Maintains | $83 → $76 | +45.59% | Sep 12, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $88 → $89 | Buy | Maintains | $88 → $89 | +70.50% | Jul 29, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $75 | Buy | Reiterates | $75 | +43.68% | Jul 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $83 → $81 | Buy | Maintains | $83 → $81 | +55.17% | Jul 24, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 48.5% | 38.7% | 19.2% |
| Avg | 38.1% | 22.5% | 7.2% |
| Low | 24.1% | 9.2% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.