Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
20.49
-0.18 (-0.87%)
Aug 4, 2026, 1:45 PM 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 $30.89. The average 1-year stock price forecast is 50.76% higher than the current stock price, while the lowest is $25 (+22.01%) and the highest is $36 (+75.70%).

Price Target: $30.89 (+50.76%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$25$30.89$29$36
Change+22.01%+50.76%+41.53%+75.70%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy555333
Buy111111
Hold443444
Sell000000
Strong Sell111111
Total111110999

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
$36$28
BuyMaintains$36$28+36.65%Jul 20, 2026
William Blair
William Blair
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 16, 2026
Raymond James
Raymond James
Buy
Maintains
$30$28
BuyMaintains$30$28+36.65%Jul 15, 2026
Mizuho Securities
Mizuho Securities
Hold
Maintains
$31$29
HoldMaintains$31$29+41.53%Jul 14, 2026
RBC Capital
RBC Capital
Hold
Maintains
$35
HoldMaintains$35+70.82%Jul 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.92B
from 1.96B
Decreased by -2.13%
Revenue Next Year
2.37B
from 1.92B
Increased by 23.10%
EPS This Year
3.90
from 4.57
Decreased by -14.64%
EPS Next Year
4.27
from 3.90
Increased by 9.36%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
898.14M1.83B1.75B2.01B1.96B1.92B
Revenue Growth
205.19%103.49%-4.42%14.87%-2.14%-2.13%
Operating Income
80.96M861.89M1.13B842.23M989.48M547.23M
Net Income
6.36M773.24M922.97M520.31M38.76M-174.26M
EPS
----4.573.90
EPS Growth
-----13.12%-14.64%
Forward PE
3.363.044.867.676.835.25
Dividend / Share
0.160.881.491.641.801.80
Dividend Growth
-467.74%69.32%10.07%9.76%0.04%
Free Cash Flow
-305.35M-712.02M-891.24M-320.38M5.99M450.25M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.3B
Avg1.9B
Low1.7B

Revenue Growth

Revenue Growth202620272028
High
17.2%
Avg
-2.1%
Low
-15.8%

EPS Forecast

EPS202620272028
High4.86
Avg3.90
Low3.07

EPS Growth

EPS Growth202620272028
High
6.3%
Avg
-14.6%
Low
-32.8%