Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
24.85
+0.21 (0.85%)
At close: Dec 5, 2025, 4:00 PM EST
25.11
+0.26 (1.05%)
After-hours: Dec 5, 2025, 7:23 PM EST
Northern Oil and Gas Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Northern Oil and Gas stock have an average target of 29.57, with a low estimate of 25 and a high estimate of 34. The average target predicts an increase of 18.99% from the current stock price of 24.85.
Analyst Consensus: Buy
* Price targets were last updated on Oct 20, 2025.
Analyst Ratings
The average analyst rating for Northern Oil and Gas stock from 8 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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $32 → $28 | Strong Buy | Maintains | $32 → $28 | +12.68% | Oct 20, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $27 → $26 | Sell | Maintains | $27 → $26 | +4.63% | Oct 14, 2025 |
| Mizuho | Mizuho | Hold Maintains $32 → $28 | Hold | Maintains | $32 → $28 | +12.68% | Sep 15, 2025 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Aug 25, 2025 |
| Raymond James | Raymond James | Strong Buy Maintains $36 → $34 | Strong Buy | Maintains | $36 → $34 | +36.82% | Aug 21, 2025 |
Financial Forecast
Revenue This Year
2.41B
from 2.01B
Increased by 20.20%
Revenue Next Year
2.08B
from 2.41B
Decreased by -13.64%
EPS This Year
4.74
from 5.14
Decreased by -7.82%
EPS Next Year
3.21
from 4.74
Decreased by -32.35%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 2.6B | 2.2B | ||||
| Avg | 2.4B | 2.1B | ||||
| Low | 2.3B | 1.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 27.3% | -8.0% | ||||
| Avg | 20.2% | -13.6% | ||||
| Low | 12.9% | -21.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 5.10 | 3.97 | ||||
| Avg | 4.74 | 3.21 | ||||
| Low | 4.46 | 2.39 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -0.7% | -16.1% | ||||
| Avg | -7.8% | -32.4% | ||||
| Low | -13.2% | -49.5% |
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.