Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
19.48
+0.17 (0.88%)
Jun 23, 2026, 10:42 AM EDT - Market open
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 $33.67. The average 1-year stock price forecast is 72.84% higher than the current stock price, while the lowest is $29 (+48.87%) and the highest is $38 (+95.07%).
Price Target: $33.67 (+72.84%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Reiterates $35 → $30 | Buy | Reiterates | $35 → $30 | +54.00% | Jun 15, 2026 |
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 4, 2026 |
| Mizuho Securities | Mizuho Securities | Hold Maintains $31 | Hold | Maintains | $31 | +59.14% | May 28, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $28 → $29 | Sell | Maintains | $28 → $29 | +48.87% | May 22, 2026 |
| Johnson Rice | Johnson Rice | Hold Downgrades $36 | Hold | Downgrades | $36 | +84.80% | May 20, 2026 |
Financial Forecast
Revenue This Year
1.94B
from 1.96B
Decreased by -1.15%
Revenue Next Year
2.36B
from 1.94B
Increased by 21.39%
EPS This Year
3.85
from 4.57
Decreased by -15.86%
EPS Next Year
4.17
from 3.85
Increased by 8.53%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.4B | ||
| Avg | 1.9B | ||
| Low | 1.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.0% | ||
| Avg | -1.1% | ||
| Low | -17.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.12 | ||
| Avg | 3.85 | ||
| Low | 2.97 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.0% | ||
| Avg | -15.9% | ||
| Low | -35.0% |