NYSE: MGY
Magnolia Oil & Gas Corp Stock Forecast, Predictions & Price Target

Analyst price target for MGY

Based on 12 analysts offering 12 month price targets for Magnolia Oil & Gas Corp

Min Forecast
$22.00-23.48%
Avg Forecast
$27.92-2.9%
Max Forecast
$35.00+21.74%

Should I buy or sell MGY stock?

Based on 12 analysts offering ratings for Magnolia Oil & Gas Corp.

Buy
Strong Buy
5 analysts 41.67%
Buy
1 analysts 8.33%
Hold
6 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although MGY's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates MGY as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

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MGY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-03-05
lockedlocked$00.00+00.00%2026-03-05
lockedlocked$00.00+00.00%2026-02-18
lockedlocked$00.00+00.00%2026-02-11
lockedlocked$00.00+00.00%2026-02-09
Wells Fargo
Top 19%
82
HoldUpgrades$22.00-23.48%2026-01-27
Susquehanna
Top 3%
98
Strong BuyMaintains$28.00-2.61%2026-01-26
Bank of America
Top 24%
77
Strong BuyUpgrades$28.00-2.61%2026-01-16
Citigroup
Top 10%
91
HoldUpgrades$25.00-13.04%2026-01-14
BMO Capital
Top 21%
80
BuyInitiates Coverage On$27.00-6.09%2026-01-09

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Forecast return on equity

Is MGY forecast to generate an efficient return?

Company
25.23%
Industry
17.35%
Market
180.18%
MGY's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MGY forecast to generate an efficient return on assets?

Company
16.86%
Industry
8.86%
MGY is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MGY earnings per share forecast

What is MGY's earnings per share in the next 3 years based on estimates from 22 analysts?

Avg 1 year Forecast
$1.66-4.11%
Avg 2 year Forecast
$2.03+17.26%
Avg 3 year Forecast
$2.29+32.34%
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MGY revenue forecast

What is MGY's revenue in the next 3 years based on estimates from 18 analysts?

Avg 1 year Forecast
$1.3B+0.7%
Avg 2 year Forecast
$1.4B+10.23%
Avg 3 year Forecast
$1.6B+19.15%
MGY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGY earnings growth forecast

How is MGY forecast to perform vs Oil & Gas E&P companies and vs the US market?

Company
10.34%
Industry
17.38%
Market
36.26%
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGY revenue growth forecast

How is MGY forecast to perform vs Oil & Gas E&P companies and vs the US market?

Company
6.08%
Industry
3.8%
Market
13.59%
MGY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGY vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
MGY$28.75$27.92-2.90%Buy
CRC$61.64$69.67+13.02%Strong Buy
CNX$39.84$35.67-10.47%Sell
CRK$19.57$21.43+9.50%Hold
SM$24.88$31.17+25.27%Buy

Magnolia Oil & Gas Stock Forecast FAQ

Is Magnolia Oil & Gas Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: MGY) stock is to Buy MGY stock.

Out of 12 analysts, 5 (41.67%) are recommending MGY as a Strong Buy, 1 (8.33%) are recommending MGY as a Buy, 6 (50%) are recommending MGY as a Hold, 0 (0%) are recommending MGY as a Sell, and 0 (0%) are recommending MGY as a Strong Sell.

If you're new to stock investing, here's how to buy Magnolia Oil & Gas stock.

What is MGY's earnings growth forecast for 2026-2028?

(NYSE: MGY) Magnolia Oil & Gas's forecast annual earnings growth rate of 10.34% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 17.38%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 36.26%.

Magnolia Oil & Gas's earnings in 2026 is $325,252,000.On average, 22 Wall Street analysts forecast MGY's earnings for 2026 to be $309,228,756, with the lowest MGY earnings forecast at $215,559,789, and the highest MGY earnings forecast at $369,922,518. On average, 18 Wall Street analysts forecast MGY's earnings for 2027 to be $378,143,019, with the lowest MGY earnings forecast at $288,630,903, and the highest MGY earnings forecast at $456,042,047.

In 2028, MGY is forecast to generate $426,776,319 in earnings, with the lowest earnings forecast at $327,179,644 and the highest earnings forecast at $522,588,955.

What is MGY's revenue growth forecast for 2026-2028?

(NYSE: MGY) Magnolia Oil & Gas's forecast annual revenue growth rate of 6.08% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 3.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.59%.

Magnolia Oil & Gas's revenue in 2026 is $1,311,845,000.On average, 18 Wall Street analysts forecast MGY's revenue for 2026 to be $246,242,200,505, with the lowest MGY revenue forecast at $224,246,303,715, and the highest MGY revenue forecast at $272,525,433,110. On average, 15 Wall Street analysts forecast MGY's revenue for 2027 to be $269,542,938,630, with the lowest MGY revenue forecast at $241,395,646,975, and the highest MGY revenue forecast at $300,113,507,050.

In 2028, MGY is forecast to generate $291,352,429,515 in revenue, with the lowest revenue forecast at $248,106,259,555 and the highest revenue forecast at $319,686,127,075.

What is MGY's forecast return on assets (ROA) for 2026-2029?

(NYSE: MGY) forecast ROA is 16.86%, which is higher than the forecast US Oil & Gas E&P industry average of 8.86%.

What is MGY's Price Target?

According to 12 Wall Street analysts that have issued a 1 year MGY price target, the average MGY price target is $27.92, with the highest MGY stock price forecast at $35.00 and the lowest MGY stock price forecast at $22.00.

On average, Wall Street analysts predict that Magnolia Oil & Gas's share price could fall to $27.92 by Mar 5, 2027. The average Magnolia Oil & Gas stock price prediction forecasts a potential downside of 2.9% from the current MGY share price of $28.75.

What is MGY's Earnings Per Share (EPS) forecast for 2026-2028?

(NYSE: MGY) Magnolia Oil & Gas's current Earnings Per Share (EPS) is $1.73. On average, analysts forecast that MGY's EPS will be $1.66 for 2026, with the lowest EPS forecast at $1.16, and the highest EPS forecast at $1.98. On average, analysts forecast that MGY's EPS will be $2.03 for 2027, with the lowest EPS forecast at $1.55, and the highest EPS forecast at $2.45. In 2028, MGY's EPS is forecast to hit $2.29 (min: $1.76, max: $2.80).

What is MGY's forecast return on equity (ROE) for 2026-2029?

(NYSE: MGY) forecast ROE is 25.23%, which is considered strong.
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