Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
33.00
-2.38 (-6.73%)
At close: Feb 21, 2025, 4:00 PM
33.02
+0.02 (0.06%)
After-hours: Feb 21, 2025, 7:28 PM EST
Northern Oil and Gas Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Northern Oil and Gas stock have an average target of 47.1, with a low estimate of 35 and a high estimate of 55. The average target predicts an increase of 42.73% from the current stock price of 33.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Northern Oil and Gas stock from 10 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Buy | 2 | 2 | 1 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $37 → $35 | Hold | Maintains | $37 → $35 | +6.06% | Jan 29, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $52 → $55 | Strong Buy | Maintains | $52 → $55 | +66.67% | Jan 13, 2025 |
| RBC Capital | RBC Capital | Hold Reiterates $45 | Hold | Reiterates | $45 | +36.36% | Jan 10, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $41 → $37 | Hold | Maintains | $41 → $37 | +12.12% | Dec 17, 2024 |
| Mizuho | Mizuho | Buy → Hold Downgrades $47 | Buy → Hold | Downgrades | $47 | +42.42% | Dec 16, 2024 |
Financial Forecast
Revenue This Year
2.27B
from 1.75B
Increased by 30.00%
Revenue Next Year
2.39B
from 2.27B
Increased by 5.33%
EPS This Year
5.36
from 10.03
Decreased by -46.61%
EPS Next Year
5.19
from 5.36
Decreased by -3.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.5B | 2.7B | 2.8B | |
| Avg | 2.3B | 2.4B | 2.5B | |
| Low | 2.0B | 2.1B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 45.8% | 20.0% | 17.9% | |
| Avg | 30.0% | 5.3% | 2.9% | |
| Low | 17.1% | -5.9% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.65 | 7.22 | 7.70 | |
| Avg | 5.36 | 5.19 | 5.17 | |
| Low | 5.07 | 4.00 | 3.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -43.7% | 34.9% | 48.3% | |
| Avg | -46.6% | -3.0% | -0.5% | |
| Low | -49.4% | -25.2% | -36.5% |
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.