MGE Energy, Inc.
MGE Energy, Inc. (MGEE) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
mgee · stock forecast · 4 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 4 Wall Street analysts in the past 3 months
Hold
4 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$70.00
Consensus
$70.00
-8.7% upside
Low
$70.00
Median: $70 · Last Close: $76.64
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Short-Term Price Prediction
Algorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $76.33 | ↓ 0.41% |
1-day model range: $76.06–$76.61. Peak: $76.61 (-0.41%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $72 | -6.1% |
| 2028 | $69 | -9.5% |
| 2029 | $68 | -11.4% |
| 2030 | $67 | -12.6% |
| 2031 | — | -13.3% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
NEUTRAL
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · MGEE · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-04-21 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2026-02-02 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2025-09-25 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2025-09-11 | Ladenburg Thalmann | Upgrade ↑ | Sell→Neutral |
| 2025-05-22 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2025-04-23 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2025-03-20 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2024-09-25 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2024-08-23 | Morgan Stanley | Maintains | Underweight→Underweight |
| 2024-06-24 | Morgan Stanley | Maintains | Underweight→Underweight |
Wall Street analysts have recently issued updated ratings on MGE Energy, Inc. (MGEE) stock. Of the recent 55 rating actions, 1 were upgrades and 1 were downgrades. 4 analysts currently cover MGEE.
Analyst Recommendation Trends
MGEE analyst recommendation trends show stable buy-side sentiment over the past 6 months. Buy rating actions changed from 0 to 0 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$783M
↓ 10.0% YoY
Revenue Next Year
$813M
↑ 3.9% YoY
EPS This Year
$3.88
EPS Next Year
$4.03
↑ 3.7% YoY
EPS ForecastReported vs Estimated
Analysts forecast MGEE EPS of $3.88 for the current fiscal year, based on estimates from 2 analysts. The MGEE revenue forecast is $783M for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The MGEE stock forecast is supported by two independent data sources: analyst consensus ratings from 4 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus MGEE price target is $70.00 (-8.7% upside), with an analyst consensus of Hold.
The MGEE short-term stock prediction for tomorrow is $76.33 (-0.41%). The MGEE stock price prediction for 2027 estimates an average of $72. The MGEE stock prediction for 2030 projects a range of $64–$70.
MGE Energy, Inc. trades on NASDAQ under the ticker MGEE. The MGEE stock outlook for 2027 is broadly mixed, supported by a Hold consensus among 0% of covering analysts.
Frequently asked questions
MGEE forecast · 8 questionsAccording to 4 Wall Street analysts, the average 12-month MGEE price target is $70.00, with a high forecast of $70.00 and a low of $70.00. The median price target is shown in the chart above when available. This implies -8.7% potential upside from the current price of $76.64.
· 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.