Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Magnolia Oil & Gas Corporation (MGY) has a Wall Street consensus price target of $27.63, based on estimates from 25 covering analysts. With the stock currently trading at $27.82, this represents a potential downside of -0.7%. The company has a market capitalization of $153M.
Analyst price targets range from a low of $25.00 to a high of $30.00, representing a 18% spread in expectations. The median target of $27.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 14 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, MGY trades at a trailing P/E of 14.3x and forward P/E of 17.0x. The forward PEG ratio of 0.36 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -8.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $48.26, with bear and bull scenarios of $-163.55 and $96.28 respectively. Model confidence stands at 37/100, suggesting limited visibility into future performance.
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Start ComparisonWall Street's consensus price target for MGY is $27.63, -0.7% from its current price of $27.82. The below-market target from 25 analysts suggests limited near-term appreciation.
MGY has a consensus rating of "Buy" based on 25 Wall Street analysts. The rating breakdown is predominantly bullish, with 14 Buy/Strong Buy ratings. The consensus 12-month price target of $27.63 implies -0.7% downside from current levels.
With a forward P/E of 17.0372x, MGY trades at a relatively low valuation. The consensus target of $27.63 implies -0.7% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $30 for MGY, while the most conservative target is $25. The consensus of $27.63 represents the median expectation. Our quantitative valuation model projects a bull case target of $96 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MGY is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 11 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MGY stock forecast based on 25 Wall Street analysts shows a consensus price target of $27.63, with estimates ranging from $25 (bear case) to $30 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $48, with bear/bull scenarios of $-164/$96.
Our quantitative valuation model calculates MGY's fair value at $48 (base case), with a bear case of $-164 and bull case of $96. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 37/100.
MGY trades at a forward P/E ratio of 17.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.3x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on MGY, with 0 Sell ratings and a price target of $27.63 (-0.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MGY analyst price targets range from $25 to $30, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $27.63 consensus represents the middle ground. Our model's $-164-$96 range provides an independent fundamental perspective.