MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
78.66
-0.26 (-0.33%)
Dec 5, 2025, 4:00 PM EST - Market closed
MGE Energy Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MGE Energy stock have an average target of 79, with a low estimate of 75 and a high estimate of 83. The average target predicts an increase of 0.43% from the current stock price of 78.66.
Analyst Consensus: Sell
* Price targets were last updated on Sep 25, 2025.
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $76 → $75 | Sell | Maintains | $76 → $75 | -4.65% | Sep 25, 2025 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Sell → Hold Upgrades $69 → $83 | Strong Sell → Hold | Upgrades | $69 → $83 | +5.52% | Sep 11, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $75 → $74 | Sell | Maintains | $75 → $74 | -5.92% | May 22, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $80 → $75 | Sell | Maintains | $80 → $75 | -4.65% | Apr 23, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $78 → $80 | Sell | Maintains | $78 → $80 | +1.70% | Mar 20, 2025 |
Financial Forecast
Revenue This Year
730.46M
from 659.94M
Increased by 10.69%
Revenue Next Year
754.68M
from 730.46M
Increased by 3.32%
EPS This Year
3.75
from 3.33
Increased by 12.59%
EPS Next Year
4.01
from 3.75
Increased by 6.84%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 773.1M | 800.9M | |||
| Avg | 730.5M | 754.7M | |||
| Low | 682.1M | 702.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.1% | 9.6% | |||
| Avg | 10.7% | 3.3% | |||
| Low | 3.4% | -3.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.90 | 4.19 | |||
| Avg | 3.75 | 4.01 | |||
| Low | 3.57 | 3.79 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.0% | 11.7% | |||
| Avg | 12.6% | 6.8% | |||
| Low | 7.2% | 1.0% |
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.