Magnolia Oil & Gas (MGY) analyst forecast and price target
Analyst forecast
Consensus of 23 analyst ratings
Based on 8 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Wells Fargo | Maintained | Equal-Weight | $30.00 from $36.00 | Oct 14, 2026 |
| Truist Securities | Maintained | Buy | $35.00 from $34.00 | Oct 2, 2026 |
| Truist Securities | Maintained | Buy | $34.00 from $33.00 | Sep 21, 2026 |
| JP Morgan | Upgraded | Neutral → Overweight | $33.00 from $32.00 | Sep 8, 2026 |
| Seaport Global | Initiated Coverage | Neutral | — | Sep 3, 2026 |
| Johnson Rice | Upgraded | Hold → Accumulate | $32.00 from $33.00 | Aug 17, 2026 |
| Wells Fargo | Maintained | Equal-Weight | $36.00 from $31.00 | Aug 13, 2026 |
| Susquehanna | Maintained | Positive | $37.00 from $36.00 | Aug 11, 2026 |
| Citigroup | Maintained | Neutral | $27.00 from $29.00 | Aug 11, 2026 |
| Truist Securities | Upgraded | Hold → Buy | $33.00 from $32.00 | Jul 28, 2026 |
| Roth Capital | Maintained | Buy | $29.00 from $30.00 | Jul 24, 2026 |
| Mizuho | Maintained | Outperform | $33.00 from $35.00 | Jul 22, 2026 |
| Susquehanna | Maintained | Positive | $36.00 from $35.00 | Jul 21, 2026 |
| UBS | Maintained | Buy | $34.00 from $38.00 | Jul 10, 2026 |
| Truist Securities | Maintained | Hold | $32.00 from $34.00 | Jul 7, 2026 |
| Roth Capital | Upgraded | Neutral → Buy | $31.00 | Jun 22, 2026 |
| Mizuho | Maintained | Outperform | $35.00 from $33.00 | May 27, 2026 |
| Wells Fargo | Maintained | Equal-Weight | $31.00 from $32.00 | May 13, 2026 |
| Truist Securities | Maintained | Hold | $34.00 from $33.00 | Apr 27, 2026 |
| Citigroup | Maintained | Neutral | $32.00 from $35.00 | Apr 13, 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 $32.00, 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: 17 buy, 6 hold and 0 sell, from 23 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for MGY?
The average price target of $32.00 implies 28.82% upside from the last price of $24.84.
What is the latest analyst rating on MGY?
On Oct 14, 2026, Wells Fargo maintained Magnolia Oil & Gas at Equal-Weight with a price target of $30.00.
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.