Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
21.77
+0.03 (0.14%)
At close: May 29, 2026, 4:00 PM EDT
21.75
-0.02 (-0.09%)
After-hours: May 29, 2026, 7:33 PM EDT
Northern Oil and Gas Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, Northern Oil and Gas stock has a consensus rating of "Buy" and an average price target of $34.44. The average 1-year stock price forecast is 58.20% higher than the current stock price, while the lowest is $29 (+33.21%) and the highest is $38 (+74.55%).
Price Target: $34.44 (+58.20%)
Analyst Consensus: Buy
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho Securities | Mizuho Securities | Hold Maintains $31 | Hold | Maintains | $31 | +42.40% | May 28, 2026 |
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 26, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $28 → $29 | Sell | Maintains | $28 → $29 | +33.21% | May 22, 2026 |
| Raymond James | Raymond James | Buy Maintains $37 → $35 | Buy | Maintains | $37 → $35 | +60.77% | May 21, 2026 |
| Johnson Rice | Johnson Rice | Hold Downgrades $36 | Hold | Downgrades | $36 | +65.37% | May 20, 2026 |
Financial Forecast
Revenue This Year
2.03B
from 1.96B
Increased by 3.48%
Revenue Next Year
2.31B
from 2.03B
Increased by 13.63%
EPS This Year
3.46
from 0.39
Increased by 788.12%
EPS Next Year
3.68
from 3.46
Increased by 6.31%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.5B | 2.7B | |||
| Avg | 2.0B | 2.3B | |||
| Low | 1.6B | 2.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 26.0% | 31.5% | |||
| Avg | 3.5% | 13.6% | |||
| Low | -19.1% | -0.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 4.44 | 5.44 | |||
| Avg | 3.46 | 3.68 | |||
| Low | 2.97 | 1.91 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1,038.8% | 57.0% | |||
| Avg | 788.1% | 6.3% | |||
| Low | 661.4% | -45.0% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.