Northern Oil and Gas, Inc. (NOG) Stock Forecast
NOG analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.56 / 5 from 9 analysts
- Price target
- $31.00 average of analyst targets
- Upside to target
- +14.1% from the latest close
- Next earnings
- November 5, 2026 EPS estimate $0.93
- 52-week range
- $17.37 – $30.82
NOG analyst ratings
9 analystsNumber of analysts at each rating.
NOG price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
NOG earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.06 | $0.82 | $1.35 | $1.03 | +3.3% | 10 |
| Current fiscal year (2026) | $4.22 | $3.61 | $5.26 | $4.57 | −7.8% | 9 |
| Next fiscal year (2027) | $5.03 | $4.41 | $5.24 | $4.22 | +19.3% | 8 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
NOG revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $605.8M | $573.2M | $638.0M | +8.8% | 7 |
| Current fiscal year (2026) | $2.17B | $1.89B | $2.53B | −12.3% | 8 |
| Next fiscal year (2027) | $2.50B | $2.03B | $2.73B | +14.9% | 8 |
NOG EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
NOG revenue: reported and forecast
NOG 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) | $0.98 | $0.97 | $0.99 | $0.99 | $1.06 | +8.5% | 3 up · 2 down |
| Current fiscal year (2026) | $3.84 | $3.97 | $3.95 | $3.95 | $4.22 | +9.8% | 3 up · 3 down |
| Next fiscal year (2027) | $4.17 | $4.27 | $4.50 | $4.55 | $5.03 | +20.6% | 2 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.
NOG earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; NOG beat in 9 of 12.
What analysts expect from NOG
9 analysts cover Northern Oil and Gas; their consensus rating is buy (3.56 on a 1–5 scale, where 5 is a strong buy). The average price target is $31.00, 14.1% above the latest close of $27.16. Analysts expect earnings of $4.22 per share for 2026, −7.8% from a year earlier. For 2027 the average estimate is $5.03 per share on revenue of $2.5 billion. Northern Oil and Gas beat the EPS estimate in 9 of the last 12 quarters.
Related: NOG income statement, NOG key metrics, NOG chart. See the NOG stock overview for the latest quote and news.
NOG forecast FAQ
What is Northern Oil and Gas's price target?
The average analyst price target for Northern Oil and Gas is $31.00, 14.1% above the latest close of $27.16.
Is Northern Oil and Gas a buy, hold or sell?
Of 9 analysts covering Northern Oil and Gas, 3 rate it a strong buy, 1 a buy, 4 a hold, 0 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Northern Oil and Gas's EPS forecast?
Analysts forecast $4.22 per share for 2026 (range $3.61 to $5.26); for 2027 the estimate is $5.03.
What is Northern Oil and Gas's revenue forecast?
The average revenue estimate for 2026 is $2.2 billion, growth of −12.3%; for 2027 it is $2.5 billion.
When does Northern Oil and Gas report earnings?
Northern Oil and Gas is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes; the EPS estimate is $0.93.
Does Northern Oil and Gas usually beat earnings estimates?
Northern Oil and Gas reported EPS at or above the analyst estimate in 9 of the last 12 quarters.