# Magnolia Oil & Gas (MGY) — Analyst Forecast

MGY · NYSE · Stock

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

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 15, 2026 | Scotiabank | Initiated Coverage | Sector Outperform | $31.00 |
| Oct 14, 2026 | Wells Fargo | Maintained | Equal-Weight | $30.00 |
| Oct 2, 2026 | Truist Securities | Maintained | Buy | $35.00 |
| Sep 21, 2026 | Truist Securities | Maintained | Buy | $34.00 |
| Sep 8, 2026 | JP Morgan | Upgraded | Neutral → Overweight | $33.00 |
| Sep 3, 2026 | Seaport Global | Initiated Coverage | Neutral | — |
| Aug 17, 2026 | Johnson Rice | Upgraded | Hold → Accumulate | $32.00 |
| Aug 13, 2026 | Wells Fargo | Maintained | Equal-Weight | $36.00 |
| Aug 11, 2026 | Susquehanna | Maintained | Positive | $37.00 |
| Aug 11, 2026 | Citigroup | Maintained | Neutral | $27.00 |
| Jul 28, 2026 | Truist Securities | Upgraded | Hold → Buy | $33.00 |
| Jul 24, 2026 | Roth Capital | Maintained | Buy | $29.00 |
| Jul 22, 2026 | Mizuho | Maintained | Outperform | $33.00 |
| Jul 21, 2026 | Susquehanna | Maintained | Positive | $36.00 |
| Jul 10, 2026 | UBS | Maintained | Buy | $34.00 |
| Jul 7, 2026 | Truist Securities | Maintained | Hold | $32.00 |
| Jun 22, 2026 | Roth Capital | Upgraded | Neutral → Buy | $31.00 |
| May 27, 2026 | Mizuho | Maintained | Outperform | $35.00 |
| May 13, 2026 | Wells Fargo | Maintained | Equal-Weight | $31.00 |
| Apr 27, 2026 | Truist Securities | Maintained | Hold | $34.00 |

## Frequently Asked Questions

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

On Oct 15, 2026, Scotiabank initiated coverage of Magnolia Oil & Gas at Sector Outperform with a price target of $31.00.

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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).