Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
28.86
+0.52 (1.83%)
At close: Mar 6, 2026, 4:00 PM EST
28.94
+0.08 (0.28%)
After-hours: Mar 6, 2026, 7:20 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 $29.43, which forecasts a 1.98% increase in the stock price over the next year. The lowest target is $24 and the highest is $34.

Price Target: $29.43 (+1.98%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$24$29.43$30$34
Change-16.84%+1.98%+3.95%+17.81%

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

RatingOct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy333333
Buy111111
Hold333333
Sell111111
Strong Sell000000
Total888888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Hold
Maintains
$25$27
HoldMaintains$25$27-6.44%Mar 5, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$26$24
SellMaintains$26$24-16.84%Jan 23, 2026
RBC Capital
RBC Capital
Hold
Maintains
$33$30
HoldMaintains$33$30+3.95%Jan 20, 2026
Mizuho
Mizuho
Hold
Maintains
$28$30
HoldMaintains$28$30+3.95%Dec 12, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$32$28
Strong BuyMaintains$32$28-2.98%Oct 20, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
2.13B
from 1.96B
Increased by 8.21%
Revenue Next Year
2.22B
from 2.13B
Increased by 4.24%
EPS This Year
2.77
from 0.39
Increased by 611.14%
EPS Next Year
3.02
from 2.77
Increased by 9.02%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
898.14M1.83B1.75B2.01B1.96B2.13B2.22B
Revenue Growth
205.19%103.49%-4.42%14.87%-2.14%8.21%4.24%
EPS
-0.138.9210.035.140.392.773.02
EPS Growth
--12.43%-48.75%-92.41%611.14%9.02%
Forward PE
-----10.419.55
No. Analysts
-----1210
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High2.3B2.5B
Avg2.1B2.2B
Low1.9B1.9B

Revenue Growth

Revenue Growth20262027202820292030
High
18.7%
19.7%
Avg
8.2%
4.2%
Low
-2.3%
-11.0%

EPS Forecast

EPS20262027202820292030
High4.454.39
Avg2.773.02
Low1.751.29

EPS Growth

EPS Growth20262027202820292030
High
1,041.5%
58.2%
Avg
611.1%
9.0%
Low
349.8%
-53.4%
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.