Matador Resources Company (MTDR)
NYSE: MTDR · IEX Real-Time Price · USD
57.10
-0.54 (-0.94%)
At close: Jun 21, 2024, 4:00 PM
56.60
-0.50 (-0.88%)
After-hours: Jun 21, 2024, 7:57 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 77.08, with a low estimate of 62 and a high estimate of 91. The average target predicts an increase of 34.99% from the current stock price of 57.10.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $62 $77.08 $77 $91
Change +8.58% +34.99% +34.85% +59.37%

Analyst Ratings

The average analyst rating for MTDR stock from 12 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 335555
Buy 666667
Hold 000000
Sell 000000
Strong Sell 000000
Total 9911111112

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Buy
Initiates
$83
Buy Initiates $83 +45.36% Jun 21, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$83$85
Strong Buy Maintains $83$85 +48.86% Jun 14, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$87$91
Strong Buy Maintains $87$91 +59.37% Jun 13, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$78$83
Strong Buy Maintains $78$83 +45.36% May 13, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$85$87
Strong Buy Maintains $85$87 +52.36% Apr 26, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
983.67M862.13M1.66B3.06B2.81B3.51B4.10B4.57B
Revenue Growth
9.35%-12.36%92.89%83.89%-8.22%25.02%16.90%11.51%
EPS
0.75-5.114.9110.117.057.839.029.08
EPS Growth
-68.88%--105.91%-30.27%11.12%15.15%0.67%
Forward PE
-----7.296.336.29
No. Analysts -----16169
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
40.9%
51.1%
35.5%
Avg
25.0%
16.9%
11.5%
Low
7.9%
-3.4%
-12.2%

EPS Forecast

EPS 202420252026
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 202420252026
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.