MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
81.03
-0.03 (-0.04%)
At close: Apr 28, 2026, 4:00 PM EDT
81.02
-0.01 (-0.01%)
After-hours: Apr 28, 2026, 4:10 PM EDT
MGE Energy Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MGE Energy stock have an average target of 80.5, with a low estimate of 78 and a high estimate of 83. The average target predicts a decrease of -0.65% from the current stock price of 81.03.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '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 $79 → $78 | Sell | Maintains | $79 → $78 | -3.73% | Apr 21, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $74 → $73 | Sell | Maintains | $74 → $73 | -9.90% | Feb 2, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $76 → $75 | Sell | Maintains | $76 → $75 | -7.44% | Sep 25, 2025 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Sell → Hold Upgrades $69 → $83 | Strong Sell → Hold | Upgrades | $69 → $83 | +2.44% | Sep 11, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $75 → $74 | Sell | Maintains | $75 → $74 | -8.67% | May 22, 2025 |
Financial Forecast
Revenue This Year
755.87M
from 726.65M
Increased by 4.02%
Revenue Next Year
776.78M
from 755.87M
Increased by 2.77%
EPS This Year
3.99
from 3.72
Increased by 7.14%
EPS Next Year
4.20
from 3.99
Increased by 5.49%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 803.4M | 821.2M | |||
| Avg | 755.9M | 776.8M | |||
| Low | 702.7M | 726.2M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 10.6% | 8.6% | |||
| Avg | 4.0% | 2.8% | |||
| Low | -3.3% | -3.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 4.15 | 4.40 | |||
| Avg | 3.99 | 4.20 | |||
| Low | 3.79 | 3.97 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 11.5% | 10.4% | |||
| Avg | 7.1% | 5.5% | |||
| Low | 1.8% | -0.3% |
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.