Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
28.26
+1.00 (3.67%)
At close: Oct 23, 2026, 4:00 PM EDT
28.39
+0.13 (0.46%)
After-hours: Oct 23, 2026, 7:30 PM EDT

Northern Oil and Gas Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Northern Oil and Gas stock has a consensus rating of "Hold" and an average price target of $31. The average 1-year stock price forecast is 9.70% higher than the current stock price, while the lowest is $26 (-8.00%) and the highest is $38 (+34.47%).

Price Target: $31 (+9.70%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$26$31$30.5$38
Change-8.00%+9.70%+7.93%+34.47%

Analyst Ratings

The average analyst rating for Northern Oil and Gas stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy333333
Buy111111
Hold444445
Sell000000
Strong Sell111111
Total9999910

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Sell
Maintains
$26
SellMaintains$26-8.00%Oct 15, 2026
Citi
Citi
Buy
Maintains
$28 → $32
BuyMaintains$28 → $32+13.23%Oct 15, 2026
Scotiabank
Scotiabank
Hold
Initiates
$27
HoldInitiates$27-4.46%Oct 14, 2026
Mizuho Securities
Mizuho Securities
Hold
Maintains
$29 → $30
HoldMaintains$29 → $30+6.16%Oct 14, 2026
RBC Capital
RBC Capital
Hold
Maintains
$30
HoldMaintains$30+6.16%Oct 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.08B
from 1.96B
Increased by 6.10%
Revenue Next Year
2.45B
from 2.08B
Increased by 17.49%
EPS This Year
4.09
from 4.57
Decreased by -10.60%
EPS Next Year
5.02
from 4.09
Increased by 22.81%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
898.14M1.83B1.75B2.01B1.96B2.08B
Revenue Growth
205.19%103.49%-4.42%14.87%-2.14%6.10%
Operating Income
80.96M861.89M1.13B842.23M989.48M809.42M
Net Income
6.36M773.24M922.97M520.31M38.76M-88.01M
EPS
----4.574.09
EPS Growth
-----13.12%-10.60%
Forward PE
3.363.044.867.676.836.92
Dividend / Share
0.160.881.491.641.801.79
Dividend Growth
-467.74%69.32%10.07%9.76%-0.82%
Free Cash Flow
----423.98M499.64M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.4B
Avg2.1B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
20.0%
Avg
6.1%
Low
-3.8%

EPS Forecast

EPS202620272028
High4.89
Avg4.09
Low3.61

EPS Growth

EPS Growth202620272028
High
7.0%
Avg
-10.6%
Low
-20.9%