Magnolia Oil & Gas
MGY

Magnolia Oil & Gas (MGY) analyst forecast and price target

Analyst forecast

Buy

Consensus of 21 analyst ratings

Buy
14
Hold
7
Sell
0
Average price target
$32.63+21.99% vs. last price
Last $26.75
Low $27.00High $37.00

Based on 8 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
Johnson RiceUpgradedHold → Accumulate$32.00 from $33.00Aug 17, 2026
Wells FargoMaintainedEqual-Weight$36.00 from $31.00Aug 13, 2026
SusquehannaMaintainedPositive$37.00 from $36.00Aug 11, 2026
CitigroupMaintainedNeutral$27.00 from $29.00Aug 11, 2026
Truist SecuritiesUpgradedHold → Buy$33.00 from $32.00Jul 28, 2026
Roth CapitalMaintainedBuy$29.00 from $30.00Jul 24, 2026
MizuhoMaintainedOutperform$33.00 from $35.00Jul 22, 2026
SusquehannaMaintainedPositive$36.00 from $35.00Jul 21, 2026
UBSMaintainedBuy$34.00 from $38.00Jul 10, 2026
Truist SecuritiesMaintainedHold$32.00 from $34.00Jul 7, 2026
Roth CapitalUpgradedNeutral → Buy$31.00Jun 22, 2026
MizuhoMaintainedOutperform$35.00 from $33.00May 27, 2026
Wells FargoMaintainedEqual-Weight$31.00 from $32.00May 13, 2026
Truist SecuritiesMaintainedHold$34.00 from $33.00Apr 27, 2026
CitigroupMaintainedNeutral$32.00 from $35.00Apr 13, 2026
Wells FargoMaintainedEqual-Weight$32.00 from $25.00Apr 10, 2026
Roth CapitalDowngradedBuy → Neutral$32.00 from $29.00Apr 8, 2026
KeybancMaintainedOverweight$38.00 from $30.00Apr 2, 2026
CitigroupMaintainedNeutral$35.00 from $29.00Mar 31, 2026
Truist SecuritiesInitiated CoverageBuy → Hold$33.00Mar 24, 2026

Frequently asked questions

  • What is the price target for MGY stock?

    The average 12-month analyst price target for Magnolia Oil & Gas (MGY) is $32.63, with a high estimate of $37.00 and a low of $27.00, across 8 analysts.

  • Is MGY a buy, sell, or hold?

    Analysts covering Magnolia Oil & Gas currently average a Buy rating: 14 buy, 7 hold and 0 sell, from 21 analysts. Ratings reflect analyst opinion, not investment advice.

  • What upside do analysts see for MGY?

    The average price target of $32.63 implies 21.99% upside from the last price of $26.75.

  • What is the latest analyst rating on MGY?

    On Aug 17, 2026, Johnson Rice upgraded Magnolia Oil & Gas to Accumulate with a price target of $32.00.

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.