MGE Energy (MGEE) analyst forecast and price target
Analyst forecast
Consensus of 4 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Morgan Stanley | Maintained | Underweight | $74.00 from $76.00 | Aug 21, 2026 |
| Ladenburg Thalmann | Upgraded | Neutral → Buy | $81.00 | Jun 8, 2026 |
| Morgan Stanley | Maintained | Underweight | $78.00 from $79.00 | Apr 21, 2026 |
| Morgan Stanley | Maintained | Underweight | $73.00 from $74.00 | Feb 2, 2026 |
| Morgan Stanley | Maintained | Underweight | $75.00 from $76.00 | Sep 25, 2025 |
| Ladenburg Thalmann | Upgraded | Sell → Neutral | $83.00 from $69.00 | Sep 11, 2025 |
| Morgan Stanley | Maintained | Underweight | $74.00 from $75.00 | May 22, 2025 |
| Morgan Stanley | Maintained | Underweight | $80.00 from $78.00 | Mar 20, 2025 |
| Morgan Stanley | Maintained | Underweight | $74.00 from $71.00 | Sep 25, 2024 |
| Morgan Stanley | Maintained | Underweight | $71.00 from $66.00 | Aug 23, 2024 |
| Morgan Stanley | Maintained | Underweight | $65.00 from $68.00 | Jun 24, 2024 |
| Morgan Stanley | Maintained | Underweight | $68.00 from $63.00 | May 28, 2024 |
| Morgan Stanley | Maintained | Underweight | $62.00 from $61.00 | Nov 21, 2023 |
| Morgan Stanley | Maintained | Underweight | $61.00 from $65.00 | Oct 25, 2023 |
| Morgan Stanley | Maintained | Underweight | $65.00 from $63.00 | Sep 21, 2023 |
| Morgan Stanley | Maintained | Underweight | $63.00 from $67.00 | Aug 23, 2023 |
| Morgan Stanley | Maintained | Underweight | $67.00 from $68.00 | Jul 21, 2023 |
| Morgan Stanley | Maintained | Underweight | $68.00 from $70.00 | Jun 23, 2023 |
| Morgan Stanley | Maintained | Underweight | $70.00 from $72.00 | May 22, 2023 |
Frequently asked questions
Is MGEE a buy, sell, or hold?
Analysts covering MGE Energy currently average a Hold rating: 1 buy, 2 hold and 1 sell, from 4 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on MGEE?
On Aug 21, 2026, Morgan Stanley maintained MGE Energy at Underweight with a price target of $74.00.
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.