Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
35.57
-0.45 (-1.25%)
Dec 20, 2024, 4:00 PM EST - Market closed
Northern Oil and Gas Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for NOG stock have an average target of 46.82, with a low estimate of 37 and a high estimate of 55. The average target predicts an increase of 31.63% from the current stock price of 35.57.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for NOG stock from 11 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 2 | 2 | 2 | 2 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $41 → $37 | Hold | Maintains | $41 → $37 | +4.02% | Dec 17, 2024 |
| Mizuho | Mizuho | Buy → Hold Downgrades $47 | Buy → Hold | Downgrades | $47 | +32.13% | Dec 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $51 → $52 | Strong Buy | Maintains | $51 → $52 | +46.19% | Dec 13, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $43 → $45 | Buy → Hold | Downgrades | $43 → $45 | +26.51% | Nov 20, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $40 → $41 | Hold | Maintains | $40 → $41 | +15.27% | Nov 18, 2024 |
Financial Forecast
Revenue This Year
2.29B
from 1.75B
Increased by 30.92%
Revenue Next Year
2.45B
from 2.29B
Increased by 7.08%
EPS This Year
5.45
from 10.03
Decreased by -45.64%
EPS Next Year
5.30
from 5.45
Decreased by -2.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.5B | 2.8B | 2.9B | |
| Avg | 2.3B | 2.4B | 2.5B | |
| Low | 2.1B | 2.1B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 45.9% | 22.1% | 20.0% | |
| Avg | 30.9% | 7.1% | 0.0% | |
| Low | 18.5% | -6.6% | -11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.75 | 6.72 | 7.08 | |
| Avg | 5.45 | 5.30 | 5.17 | |
| Low | 5.16 | 4.23 | 3.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -42.6% | 23.3% | 33.6% | |
| Avg | -45.6% | -2.8% | -2.4% | |
| Low | -48.5% | -22.5% | -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.