# Hallador Energy (HNRG) — Analyst Forecast

HNRG · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/hnrg/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 4 | 0 | 0 | 4 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Mar 26, 2026 | Northland Capital Markets | Maintained | Outperform | $34.00 |
| Mar 24, 2026 | Jefferies | Initiated Coverage | Hold | $17.50 |
| Mar 13, 2026 | B. Riley Securities | Upgraded | Neutral → Buy | $27.00 |
| Sep 25, 2025 | Texas Capital Securities | Initiated Coverage | Buy | $23.00 |
| Aug 13, 2025 | B. Riley Securities | Downgraded | Buy → Neutral | $17.00 |
| May 19, 2025 | Northland Capital Markets | Initiated Coverage | Outperform | $23.00 |
| Apr 1, 2025 | B. Riley Securities | Maintained | Buy | $15.00 |
| Dec 9, 2024 | Alliance Global Partners | Initiated Coverage | Buy | $17.00 |
| Nov 13, 2024 | B. Riley Securities | Maintained | Buy | $13.00 |
| May 30, 2024 | B. Riley Securities | Upgraded | Neutral → Buy | $9.00 |
| Aug 30, 2023 | B. Riley Securities | Maintained | Neutral | $11.00 |

## Frequently Asked Questions

### Is HNRG a buy, sell, or hold?

Analysts covering Hallador Energy currently average a Buy rating: 4 buy, 0 hold and 0 sell, from 4 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on HNRG?

On Mar 26, 2026, Northland Capital Markets maintained Hallador Energy at Outperform with a price target of $34.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).