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Magnolia Oil & Gas Corp
NYSE:MGY

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Magnolia Oil & Gas Corp Logo
Magnolia Oil & Gas Corp
NYSE:MGY
Watchlist
Price: 26.34 USD 0.23% Market Closed
Updated: Apr 29, 2024

Wall Street
Price Targets

MGY Price Targets Summary
Magnolia Oil & Gas Corp

Wall Street analysts forecast MGY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGY is 27.2 USD with a low forecast of 22.22 USD and a high forecast of 34.65 USD.

Lowest
Price Target
22.22 USD
16% Downside
Average
Price Target
27.2 USD
3% Upside
Highest
Price Target
34.65 USD
32% Upside

MGY Last Price Targets
Magnolia Oil & Gas Corp

The latest public price target was made on Apr 19, 2024 by Mark Lear from Piper Sandler , who expects MGY stock to rise by 10% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Mark Lear
Piper Sandler
29 USD
Upside 10%
1 week ago
Apr 19, 2024
Magnolia Oil downgraded to Neutral on valuation at Piper Sandler
TheFly
Hanwen Chang
Wells Fargo
27 USD
Upside 3%
1 week ago
Apr 18, 2024
Magnolia Oil & Gas price target raised to $27 from $23 at Wells Fargo
TheFly
Mark Lear
Piper Sandler
Price Target 29 USD
Upside/Downside 10%
View Source
Hanwen Chang
Wells Fargo
Price Target 27 USD
Upside/Downside 3%
View Source
Magnolia Oil & Gas Corp Competitors:
Price Targets
ENAT3
Enauta Participacoes SA
6% Upside
CTRA
Coterra Energy Inc
15% Upside
MAHA A
Maha Energy AB
43% Upside
AR
Antero Resources Corp
6% Downside
BSM
Black Stone Minerals LP
8% Upside
MAU
Etablissements Maurel et Prom SA
3% Downside
883
CNOOC Ltd
21% Downside
AOI
Africa Oil Corp
49% Upside

Revenue
Forecast

Revenue Estimate
Magnolia Oil & Gas Corp

For the last 5 years the compound annual growth rate for Magnolia Oil & Gas Corp's revenue is 7%. The projected CAGR for the next 3 years is 7%.

7%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Magnolia Oil & Gas Corp

For the last 5 years the compound annual growth rate for Magnolia Oil & Gas Corp's operating income is 8%. The projected CAGR for the next 3 years is 3%.

8%
Past Growth
3%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Magnolia Oil & Gas Corp

For the last 5 years the compound annual growth rate for Magnolia Oil & Gas Corp's net income is 9%. The projected CAGR for the next 3 years is 10%.

9%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-13%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGY's stock price target?
Price Target
27.2 USD

According to Wall Street analysts, the average 1-year price target for MGY is 27.2 USD with a low forecast of 22.22 USD and a high forecast of 34.65 USD.

What is Magnolia Oil & Gas Corp's Revenue forecast?
Projected CAGR
7%

For the last 5 years the compound annual growth rate for Magnolia Oil & Gas Corp's revenue is 7%. The projected CAGR for the next 3 years is 7%.

What is Magnolia Oil & Gas Corp's Operating Income forecast?
Projected CAGR
3%

For the last 5 years the compound annual growth rate for Magnolia Oil & Gas Corp's operating income is 8%. The projected CAGR for the next 3 years is 3%.

What is Magnolia Oil & Gas Corp's Net Income forecast?
Projected CAGR
10%

For the last 5 years the compound annual growth rate for Magnolia Oil & Gas Corp's net income is 9%. The projected CAGR for the next 3 years is 10%.