MGE Energy, Inc. (MGEE) Stock Forecast
MGEE analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.17 / 5 from 6 analysts
- Price target
- $76.67 average of analyst targets
- Upside to target
- +6.1% from the latest close
- Next earnings
- November 4, 2026 EPS estimate $1.15
- 52-week range
- $68.49 – $87.05
MGEE analyst ratings
6 analystsNumber of analysts at each rating.
MGEE price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MGEE earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.16 | $1.06 | $1.25 | $1.22 | −4.8% | 3 |
| Current fiscal year (2026) | $3.98 | $3.93 | $4.05 | $3.72 | +7.1% | 5 |
| Next fiscal year (2027) | $4.20 | $4.06 | $4.31 | $3.98 | +5.3% | 5 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MGEE revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $184.6M | $179.0M | $190.2M | — | 3 |
| Current fiscal year (2026) | $781.4M | $762.8M | $796.2M | +5.1% | 5 |
| Next fiscal year (2027) | $821.0M | $775.0M | $865.1M | +5.1% | 6 |
MGEE EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MGEE revenue: reported and forecast
MGEE EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.15 | $1.25 | $1.25 | $1.16 | $1.16 | +1.0% | 1 up · 0 down |
| Current fiscal year (2026) | $3.93 | $3.93 | $3.97 | $3.99 | $3.98 | +1.4% | 0 up · 0 down |
| Next fiscal year (2027) | $4.14 | $4.24 | $4.24 | $4.20 | $4.20 | +1.4% | 1 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
MGEE earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MGEE beat in 5 of 12.
What analysts expect from MGEE
6 analysts cover MGE Energy; their consensus rating is hold (3.17 on a 1–5 scale, where 5 is a strong buy). The average price target is $76.67, 6.1% above the latest close of $72.27. Analysts expect earnings of $3.98 per share for 2026, +7.1% from a year earlier. For 2027 the average estimate is $4.20 per share on revenue of $821.0 million. MGE Energy beat the EPS estimate in 5 of the last 12 quarters.
Related: MGEE income statement, MGEE key metrics, MGEE chart. See the MGEE stock overview for the latest quote and news.
MGEE forecast FAQ
What is MGE Energy's price target?
The average analyst price target for MGE Energy is $76.67, 6.1% above the latest close of $72.27.
Is MGE Energy a buy, hold or sell?
Of 6 analysts covering MGE Energy, 1 rate it a strong buy, 1 a buy, 3 a hold, 0 a sell and 1 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is MGE Energy's EPS forecast?
Analysts forecast $3.98 per share for 2026 (range $3.93 to $4.05); for 2027 the estimate is $4.20.
What is MGE Energy's revenue forecast?
The average revenue estimate for 2026 is $781.4 million, growth of 5.1%; for 2027 it is $821.0 million.
When does MGE Energy report earnings?
MGE Energy is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes; the EPS estimate is $1.15.
Does MGE Energy usually beat earnings estimates?
MGE Energy reported EPS at or above the analyst estimate in 5 of the last 12 quarters.
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