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Magnolia Oil & Gas

MGYNYSE
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$24.50
-0.30-1.21%
At close: -
$24.50
0.000.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$34.00
Lowest Price Target1
$21.00
Consensus Price Target1
$26.60

Magnolia Oil & Gas (NYSE:MGY) Stock, Analyst Ratings, Price Targets, Forecasts

Magnolia Oil & Gas Corp has a consensus price target of $26.6 based on the ratings of 18 analysts. The high is $34 issued by Truist Securities on January 13, 2025. The low is $21 issued by Wells Fargo on January 19, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Truist Securities, and B of A Securities on January 29, 2025, January 13, 2025, and January 13, 2025, respectively. With an average price target of $29.33 between Piper Sandler, Truist Securities, and B of A Securities, there's an implied 19.73% upside for Magnolia Oil & Gas Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Oct 24
1
Nov 24
2
Dec 24
1
2
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Truist Securities
B of A Securities
Mizuho
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Magnolia Oil & Gas

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FAQ

Q

What is the target price for Magnolia Oil & Gas (MGY) stock?

A

The latest price target for Magnolia Oil & Gas (NYSE:MGY) was reported by Piper Sandler on January 29, 2025. The analyst firm set a price target for $26.00 expecting MGY to rise to within 12 months (a possible 6.12% upside). 31 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Magnolia Oil & Gas (MGY)?

A

The latest analyst rating for Magnolia Oil & Gas (NYSE:MGY) was provided by Piper Sandler, and Magnolia Oil & Gas maintained their neutral rating.

Q

When was the last upgrade for Magnolia Oil & Gas (MGY)?

A

There is no last upgrade for Magnolia Oil & Gas

Q

When was the last downgrade for Magnolia Oil & Gas (MGY)?

A

The last downgrade for Magnolia Oil & Gas Corp happened on January 13, 2025 when B of A Securities changed their price target from $29 to $28 for Magnolia Oil & Gas Corp.

Q

When is the next analyst rating going to be posted or updated for Magnolia Oil & Gas (MGY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Magnolia Oil & Gas, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Magnolia Oil & Gas was filed on January 29, 2025 so you should expect the next rating to be made available sometime around January 29, 2026.

Q

Is the Analyst Rating Magnolia Oil & Gas (MGY) correct?

A

While ratings are subjective and will change, the latest Magnolia Oil & Gas (MGY) rating was a maintained with a price target of $24.00 to $26.00. The current price Magnolia Oil & Gas (MGY) is trading at is $24.50, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.