Magnolia Oil & Gas Corporation (MGY)
NYSE: MGY · Real-Time Price · USD
26.78
-0.42 (-1.54%)
At close: Jun 26, 2026, 4:00 PM EDT
27.23
+0.45 (1.68%)
After-hours: Jun 26, 2026, 7:15 PM EDT

Magnolia Oil & Gas Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Magnolia Oil & Gas stock have an average target of 32.86, with a low estimate of 28 and a high estimate of 38. The average target predicts an increase of 22.70% from the current stock price of 26.78.

Analyst Consensus: Buy
Target Low Average Median High
Price $28 $32.86 $32 $38
Change +4.56% +22.70% +19.49% +41.90%

Analyst Ratings

The average analyst rating for Magnolia Oil & Gas stock from 18 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 Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 12121110910
Buy 000000
Hold 779998
Sell 000000
Strong Sell 000000
Total 191920191818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Buy
Upgrades
$31
Buy Upgrades $31 +15.76% Jun 22, 2026
KeyBanc
KeyBanc
Buy
Maintains
$38
Buy Maintains $38 +41.90% Jun 4, 2026
William Blair
William Blair
Buy
Maintains
n/a
Buy Maintains n/a n/a Jun 3, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$33$35
Buy Maintains $33$35 +30.69% May 27, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$31
Hold Maintains $31 +15.76% May 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.63B
from 1.31B
Increased by 24.55%
Revenue Next Year
1.56B
from 1.63B
Decreased by -4.37%
EPS This Year
2.98
from 1.74
Increased by 71.07%
EPS Next Year
2.63
from 2.98
Decreased by -11.87%
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
1.08B1.69B1.23B1.32B1.31B1.63B1.56B
Revenue Growth
99.21%57.14%-27.59%7.25%-0.31%24.55%-4.37%
EPS
2.364.712.041.941.732.802.51
EPS Growth
-99.40%-56.75%-4.89%-10.85%62.24%-10.39%
Forward PE
-----9.5510.66
No. Analysts -----1111
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 1.8B 1.7B
Avg 1.6B 1.6B
Low 1.5B 1.5B

Revenue Growth

Revenue Growth 202620272028
High
34.4%
1.0%
Avg
24.6%
-4.4%
Low
12.7%
-8.9%

EPS Forecast

EPS 202620272028
High 3.70 3.17
Avg 2.98 2.63
Low 2.40 2.17

EPS Growth

EPS Growth 202620272028
High
112.0%
6.3%
Avg
71.1%
-11.9%
Low
37.6%
-27.3%
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.