Magnolia Oil & Gas Corporation
Magnolia Oil & Gas Corporation (MGY) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
mgy · stock forecast · 26 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 26 Wall Street analysts in the past 3 months
Buy
26 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$35.00
Consensus
$29.56
+7.5% upside
Low
$26.00
Median: $29 · Last Close: $27.51
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Consensus Target
$29.56
7.5% upside
High Target
$35
27.2%
Low Target
$26
-5.5%
Current Price
$27.51
as of today
Based on analyst price targets, the MGY stock price prediction for the next 12 months ranges from $26 to $35. The consensus MGY price forecast of $29.56 implies 7.5% upside from the current price of $27.51.
Short-Term Price Prediction
Algorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $27.12 | ↓ 1.41% |
1-day model range: $27.02–$27.23. Peak: $27.23 (-1.41%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $39 | +41.1% |
| 2028 | $48 | +75.9% |
| 2029 | $56 | +101.9% |
| 2030 | $60 | +119.8% |
| 2031 | — | +131.5% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
BEARISH
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · MGY · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-05-27 | Mizuho | Maintains | Outperform→Outperform |
| 2026-05-13 | Wells Fargo | Maintains | Equal Weight→Equal Weight |
| 2026-04-27 | Truist Securities | Maintains | Hold→Hold |
| 2026-04-13 | Citigroup | Maintains | Neutral→Neutral |
| 2026-04-10 | Wells Fargo | Maintains | Equal Weight→Equal Weight |
| 2026-04-08 | Roth Capital | Downgrade ↓ | Buy→Neutral |
| 2026-04-02 | Keybanc | Maintains | Overweight→Overweight |
| 2026-03-31 | Citigroup | Maintains | Neutral→Neutral |
| 2026-03-24 | Truist Securities | Downgrade ↓ | Buy→Hold |
| 2026-03-12 | Piper Sandler | Maintains | Neutral→Neutral |
Wall Street analysts have recently issued updated ratings on Magnolia Oil & Gas Corporation (MGY) stock. Of the recent 156 rating actions, 7 were upgrades and 15 were downgrades. 26 analysts currently cover MGY.
Analyst Recommendation Trends
MGY analyst recommendation trends show increasing buy-side sentiment over the past 6 months. Buy rating actions changed from 0 to 1 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$1.6B
↑ 1.4% YoY
Revenue Next Year
$1.5B
↓ 4.8% YoY
EPS This Year
$2.92
EPS Next Year
$2.56
↓ 12.4% YoY
EPS ForecastReported vs Estimated
Analysts forecast MGY EPS of $2.92 for the current fiscal year, based on estimates from 10 analysts. The MGY revenue forecast is $1.6B for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The MGY stock forecast is supported by two independent data sources: analyst consensus ratings from 26 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus MGY price target is $29.56 (+7.5% upside), with an analyst consensus of Buy.
The MGY short-term stock prediction for tomorrow is $27.12 (-1.41%). The MGY stock price prediction for 2027 estimates an average of $39. The MGY stock prediction for 2030 projects a range of $58–$63.
Magnolia Oil & Gas Corporation trades on NYSE under the ticker MGY. The MGY stock outlook for 2027 is broadly positive, supported by a Buy consensus among 54% of covering analysts.
Frequently asked questions
MGY forecast · 8 questionsAccording to 26 Wall Street analysts, the average 12-month MGY price target is $29.56, with a high forecast of $35.00 and a low of $26.00. The median price target is shown in the chart above when available. This implies +7.5% potential upside from the current price of $27.51.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.