Magnolia Oil & Gas Corporation (MGY) Stock Forecast
MGY analyst forecast
as of October 17, 2026- Analyst consensus
- Buy 4.37 / 5 from 19 analysts
- Price target
- $32.78 average of analyst targets
- Upside to target
- +29.3% from the latest close
- Next earnings
- November 4, 2026 EPS estimate $0.53
- 52-week range
- $21.24 – $32.36
MGY analyst ratings
19 analystsNumber of analysts at each rating.
MGY price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MGY earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.58 | $0.27 | $0.89 | $0.42 | +38.4% | 15 |
| Current fiscal year (2026) | $2.95 | $2.48 | $3.37 | $1.74 | +69.1% | 15 |
| Next fiscal year (2027) | $3.07 | $2.15 | $5.21 | $2.95 | +4.0% | 16 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MGY revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $474.0M | $408.0M | $501.0M | +45.9% | 12 |
| Current fiscal year (2026) | $2.03B | $1.87B | $2.18B | +55.1% | 12 |
| Next fiscal year (2027) | $2.76B | $2.55B | $3.02B | +35.4% | 12 |
MGY EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MGY revenue: reported and forecast
MGY 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) | $0.63 | $0.57 | $0.60 | $0.58 | $0.58 | −7.2% | 8 up · 3 down |
| Current fiscal year (2026) | $2.70 | $2.94 | $3.05 | $2.92 | $2.95 | +9.3% | 7 up · 5 down |
| Next fiscal year (2027) | $2.43 | $3.15 | $3.23 | $2.99 | $3.07 | +26.3% | 5 up · 8 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.
MGY earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MGY beat in 9 of 12.
What analysts expect from MGY
19 analysts cover Magnolia Oil & Gas; their consensus rating is buy (4.37 on a 1–5 scale, where 5 is a strong buy). The average price target is $32.78, 29.3% above the latest close of $25.35. Analysts expect earnings of $2.95 per share for 2026, +69.1% from a year earlier. For 2027 the average estimate is $3.07 per share on revenue of $2.8 billion. Magnolia Oil & Gas beat the EPS estimate in 9 of the last 12 quarters.
Related: MGY income statement, MGY key metrics, MGY chart. See the MGY stock overview for the latest quote and news.
MGY forecast FAQ
What is Magnolia Oil & Gas's price target?
The average analyst price target for Magnolia Oil & Gas is $32.78, 29.3% above the latest close of $25.35.
Is Magnolia Oil & Gas a buy, hold or sell?
Of 19 analysts covering Magnolia Oil & Gas, 12 rate it a strong buy, 2 a buy, 5 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Magnolia Oil & Gas's EPS forecast?
Analysts forecast $2.95 per share for 2026 (range $2.48 to $3.37); for 2027 the estimate is $3.07.
What is Magnolia Oil & Gas's revenue forecast?
The average revenue estimate for 2026 is $2.0 billion, growth of 55.1%; for 2027 it is $2.8 billion.
When does Magnolia Oil & Gas report earnings?
Magnolia Oil & Gas is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes; the EPS estimate is $0.53.
Does Magnolia Oil & Gas usually beat earnings estimates?
Magnolia Oil & Gas reported EPS at or above the analyst estimate in 9 of the last 12 quarters.