Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
28.34
-0.04 (-0.14%)
At close: Mar 5, 2026, 4:00 PM EST
28.25
-0.09 (-0.32%)
After-hours: Mar 5, 2026, 7:48 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 29.43, with a low estimate of 24 and a high estimate of 34. The average target predicts an increase of 3.85% from the current stock price of 28.34.

Analyst Consensus: Buy
Target Low Average Median High
Price $24 $29.43 $30 $34
Change -15.31% +3.85% +5.86% +19.97%

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 Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 333333
Buy 111111
Hold 333333
Sell 111111
Strong Sell 000000
Total 888888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$25$27
Hold Maintains $25$27 -4.73% Mar 5, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$26$24
Sell Maintains $26$24 -15.31% Jan 23, 2026
RBC Capital
RBC Capital
Hold
Maintains
$33$30
Hold Maintains $33$30 +5.86% Jan 20, 2026
Mizuho
Mizuho
Hold
Maintains
$28$30
Hold Maintains $28$30 +5.86% Dec 12, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$32$28
Strong Buy Maintains $32$28 -1.20% Oct 20, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
2.13B
from 1.96B
Increased by 8.21%
Revenue Next Year
2.22B
from 2.13B
Increased by 4.24%
EPS This Year
2.77
from 0.39
Increased by 611.14%
EPS Next Year
3.02
from 2.77
Increased by 9.02%
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
898.14M1.83B1.75B2.01B1.96B2.13B2.22B
Revenue Growth
205.19%103.49%-4.42%14.87%-2.14%8.21%4.24%
EPS
-0.138.9210.035.140.392.773.02
EPS Growth
--12.43%-48.75%-92.41%611.14%9.02%
Forward PE
-----10.229.37
No. Analysts -----1210
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 2.3B 2.5B
Avg 2.1B 2.2B
Low 1.9B 1.9B

Revenue Growth

Revenue Growth 20262027202820292030
High
18.7%
19.7%
Avg
8.2%
4.2%
Low
-2.3%
-11.0%

EPS Forecast

EPS 20262027202820292030
High 4.45 4.39
Avg 2.77 3.02
Low 1.75 1.29

EPS Growth

EPS Growth 20262027202820292030
High
1,041.5%
58.2%
Avg
611.1%
9.0%
Low
349.8%
-53.4%
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.