MDU Resources Group Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for MDU Resources Group stock have an average target of 21.67, with a low estimate of 21 and a high estimate of 22. The average target predicts a decrease of -1.50% from the current stock price of 22.00.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$21	$21.67	$22	$22
Change	-4.55%	-1.50%	0.00%	0.00%

Analyst Ratings

The average analyst rating for MDU Resources Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	1	1	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aidan Kelly JP Morgan	JP Morgan	Hold Initiates $22	Hold	Initiates	$22	n/a	Apr 16, 2026
Matvey Tayts Freedom Broker	Freedom Broker	Hold Maintains $20 → $21	Hold	Maintains	$20 → $21	-4.55%	Feb 24, 2026
Matvey Tayts Freedom Broker	Freedom Broker	Hold Initiates $20	Hold	Initiates	$20	-9.09%	Dec 24, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $20 → $22	Strong Buy	Maintains	$20 → $22	n/a	Oct 22, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $18 → $20	Hold → Strong Buy	Upgrades	$18 → $20	-9.09%	Sep 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.02B

from 1.88B

7.52%

from 1.88B

Revenue Next Year

2.14B

from 2.02B

6.00%

from 2.02B

EPS This Year

1.00

from 0.93

8.53%

from 0.93

EPS Next Year

1.06

from 1.00

5.94%

from 1.00

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.45B	1.75B	1.80B	1.76B	1.88B	2.02B	2.14B
Revenue Growth	-37.56%	-49.42%	3.21%	-2.52%	6.66%	7.52%	6.00%
EPS	1.87	1.81	2.03	1.37	0.93	1.00	1.06
EPS Growth	-3.91%	-3.37%	12.60%	-32.73%	-32.42%	8.53%	5.94%
Forward PE	-	-	-	-	-	21.91	20.69
No. Analysts	-	-	-	-	-	8	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	2.2B	2.3B
Avg	2.0B	2.1B
Low	1.8B	1.9B

Revenue Growth

Revenue Growth	2026	2027
High	16.0%	13.6%
Avg	7.5%	6.0%
Low	-3.2%	-7.0%

EPS Forecast

EPS	2026	2027
High	1.08	1.14
Avg	1.00	1.06
Low	0.95	0.98

EPS Growth

EPS Growth	2026	2027
High	16.9%	14.0%
Avg	8.5%	5.9%
Low	2.8%	-1.9%

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.