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NASDAQ: MGPI
Mgp Ingredients Inc Stock Forecast, Predictions & Price Target

Analyst price target for MGPI

Based on 2 analysts offering 12 month price targets for Mgp Ingredients Inc.
Min Forecast
$92.00+22.29%
Avg Forecast
$106.00+40.9%
Max Forecast
$120.00+59.51%

Should I buy or sell MGPI stock?

Based on 2 analysts offering ratings for Mgp Ingredients Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MGPI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-04-29

1 of 1

Forecast return on equity

Is MGPI forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
17.32%

Forecast return on assets

Is MGPI forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MGPI revenue forecast

What is MGPI's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$756.1M-6.2%
Avg 2 year Forecast
$794.6M-1.42%
Avg 3 year Forecast
$850.6M+5.52%
MGPI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGPI earnings growth forecast

How is MGPI forecast to perform vs Beverages - Wineries & Distilleries companies and vs the US market?
Company
20.1%
Industry
21.34%
Market
22.25%
MGPI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGPI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

MGPI revenue growth forecast

How is MGPI forecast to perform vs Beverages - Wineries & Distilleries companies and vs the US market?
Company
-0.44%
Industry
2.66%
Market
9.65%
MGPI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGPI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGPI vs Wine Stocks

TickerPricePrice TargetUp/downsideConsensus
MGPI$75.23$106.00+40.90%Strong Buy
NAPA$8.05$11.29+40.20%Buy
SNDL$2.22N/AN/A
WVVI$4.10N/AN/A
VWE$0.32N/AN/A

Mgp Ingredients Stock Forecast FAQ

Is Mgp Ingredients Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: MGPI) stock is to Strong Buy MGPI stock.

Out of 2 analysts, 1 (50%) are recommending MGPI as a Strong Buy, 1 (50%) are recommending MGPI as a Buy, 0 (0%) are recommending MGPI as a Hold, 0 (0%) are recommending MGPI as a Sell, and 0 (0%) are recommending MGPI as a Strong Sell.

If you're new to stock investing, here's how to buy Mgp Ingredients stock.

What is MGPI's revenue growth forecast for 2024-2026?

(NASDAQ: MGPI) Mgp Ingredients's forecast annual revenue growth rate of -0.44% is not forecast to beat the US Beverages - Wineries & Distilleries industry's average forecast revenue growth rate of 2.66%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.65%.

Mgp Ingredients's revenue in 2024 is $806,076,000.On average, 3 Wall Street analysts forecast MGPI's revenue for 2024 to be $16,645,319,347, with the lowest MGPI revenue forecast at $16,568,641,415, and the highest MGPI revenue forecast at $16,763,693,518. On average, 3 Wall Street analysts forecast MGPI's revenue for 2025 to be $17,493,773,978, with the lowest MGPI revenue forecast at $17,402,786,355, and the highest MGPI revenue forecast at $17,658,379,460.

In 2026, MGPI is forecast to generate $18,725,001,850 in revenue, with the lowest revenue forecast at $18,725,001,850 and the highest revenue forecast at $18,725,001,850.

What is MGPI's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: MGPI) forecast ROA is N/A, which is lower than the forecast US Beverages - Wineries & Distilleries industry average of N/A.

What is MGPI's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MGPI price target, the average MGPI price target is $106.00, with the highest MGPI stock price forecast at $120.00 and the lowest MGPI stock price forecast at $92.00.

On average, Wall Street analysts predict that Mgp Ingredients's share price could reach $106.00 by May 3, 2025. The average Mgp Ingredients stock price prediction forecasts a potential upside of 40.9% from the current MGPI share price of $75.23.

What is MGPI's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: MGPI) forecast ROE is N/A, which is considered weak.
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