Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
24.62
+0.26 (1.07%)
At close: Dec 10, 2025, 4:00 PM EST
24.82
+0.20 (0.81%)
After-hours: Dec 10, 2025, 7:11 PM EST
Northern Oil and Gas Stock Forecast
Stock Price Forecast
The 7 analysts that cover Northern Oil and Gas stock have a consensus rating of "Buy" and an average price target of $29.57, which forecasts a 20.11% increase in the stock price over the next year. The lowest target is $25 and the highest is $34.
Price Target: $29.57 (+20.11%)
Analyst Consensus: Buy
* Price targets were last updated on Oct 20, 2025.
Analyst Ratings
The average analyst rating for Northern Oil and Gas stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $32 → $28 | Strong Buy | Maintains | $32 → $28 | +13.73% | Oct 20, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $27 → $26 | Sell | Maintains | $27 → $26 | +5.61% | Oct 14, 2025 |
| Mizuho | Mizuho | Hold Maintains $32 → $28 | Hold | Maintains | $32 → $28 | +13.73% | Sep 15, 2025 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Aug 25, 2025 |
| Raymond James | Raymond James | Strong Buy Maintains $36 → $34 | Strong Buy | Maintains | $36 → $34 | +38.10% | Aug 21, 2025 |
Financial Forecast
Revenue This Year
2.41B
from 2.01B
Increased by 20.20%
Revenue Next Year
2.08B
from 2.41B
Decreased by -13.64%
EPS This Year
4.74
from 5.14
Decreased by -7.82%
EPS Next Year
3.21
from 4.74
Decreased by -32.35%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 2.6B | 2.2B | ||||
| Avg | 2.4B | 2.1B | ||||
| Low | 2.3B | 1.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 27.3% | -8.0% | ||||
| Avg | 20.2% | -13.6% | ||||
| Low | 12.9% | -21.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 5.10 | 3.97 | ||||
| Avg | 4.74 | 3.21 | ||||
| Low | 4.46 | 2.39 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -0.7% | -16.1% | ||||
| Avg | -7.8% | -32.4% | ||||
| Low | -13.2% | -49.5% |
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.