MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
81.24
-0.61 (-0.75%)
At close: Mar 3, 2026, 4:00 PM EST
81.24
0.00 (0.00%)
After-hours: Mar 3, 2026, 4:53 PM EST
MGE Energy Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MGE Energy stock have an average target of 78, with a low estimate of 73 and a high estimate of 83. The average target predicts a decrease of -3.99% from the current stock price of 81.24.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for MGE Energy stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $74 → $73 | Sell | Maintains | $74 → $73 | -10.14% | Feb 2, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $76 → $75 | Sell | Maintains | $76 → $75 | -7.68% | Sep 25, 2025 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Sell → Hold Upgrades $69 → $83 | Strong Sell → Hold | Upgrades | $69 → $83 | +2.17% | Sep 11, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $75 → $74 | Sell | Maintains | $75 → $74 | -8.91% | May 22, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $80 → $75 | Sell | Maintains | $80 → $75 | -7.68% | Apr 23, 2025 |
Financial Forecast
Revenue This Year
729.26M
from 659.94M
Increased by 10.50%
Revenue Next Year
755.87M
from 729.26M
Increased by 3.65%
EPS This Year
3.75
from 3.33
Increased by 12.75%
EPS Next Year
3.99
from 3.75
Increased by 6.15%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 770.6M | 803.4M | |||
| Avg | 729.3M | 755.9M | |||
| Low | 682.1M | 702.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 16.8% | 10.2% | |||
| Avg | 10.5% | 3.6% | |||
| Low | 3.4% | -3.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.91 | 4.15 | |||
| Avg | 3.75 | 3.99 | |||
| Low | 3.57 | 3.79 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.3% | 10.5% | |||
| Avg | 12.7% | 6.2% | |||
| Low | 7.2% | 0.9% |
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.