National Fuel Gas Company (NFG)

National Fuel Gas Company Stock Forecast

Stock Price Forecast

The 5 analysts that cover National Fuel Gas Company stock have a consensus rating of "Hold" and an average price target of $90.4, which forecasts a 4.12% increase in the stock price over the next year. The lowest target is $77 and the highest is $107.

Price Target: $90.4 (+4.12%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$77	$90.4	$85	$107
Change	-11.31%	+4.12%	-2.10%	+23.24%

Analyst Ratings

The average analyst rating for National Fuel Gas Company stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	0	0	0	0	1	1
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	1	2	3	3	2	2
Strong Sell	0	0	0	0	0	0
Total	3	4	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cameron Bean Scotiabank	Scotiabank	Buy Maintains $98 → $102	Buy	Maintains	$98 → $102	+17.48%	Aug 13, 2025
Noah Hungness B of A Securities	B of A Securities	Sell → Strong Buy Upgrades $85 → $107	Sell → Strong Buy	Upgrades	$85 → $107	+23.24%	Jul 15, 2025
Cameron Bean Scotiabank	Scotiabank	Buy Maintains $88 → $98	Buy	Maintains	$88 → $98	+12.88%	Jul 11, 2025
Asit Sen B of A Securities	B of A Securities	Sell Maintains $77 → $85	Sell	Maintains	$77 → $85	-2.10%	May 23, 2025
Kalei Akamine B of A Securities	B of A Securities	Sell Maintains $76 → $77	Sell	Maintains	$76 → $77	-11.31%	Apr 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.41B

Increased by 23.71%

from 1.94B

Revenue Next Year

2.85B

Increased by 18.62%

from 2.41B

EPS This Year

6.99

Increased by 732.05%

from 0.84

EPS Next Year

8.76

Increased by 25.32%

from 6.99

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	1.55B	1.74B	2.19B	2.17B	1.94B	2.41B	2.85B
Revenue Growth	-8.68%	12.70%	25.44%	-0.56%	-10.53%	23.71%	18.62%
EPS	-1.41	3.97	6.15	5.17	0.84	6.99	8.76
EPS Growth	-	-	54.91%	-15.94%	-83.75%	732.05%	25.32%
Forward PE	-	-	-	-	-	12.42	9.91
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	2.6B	3.1B
Avg	2.4B	2.9B
Low	2.2B	2.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	32.8%	28.8%
Avg	23.7%	18.6%
Low	15.6%	12.3%

EPS Forecast

EPS	2025	2026	2027
High	7.40	10.19
Avg	6.99	8.76
Low	6.65	7.13

EPS Growth

EPS Growth	2025	2026	2027
High	781.3%	45.7%
Avg	732.0%	25.3%
Low	692.2%	2.1%

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.