NGL Energy Partners LP (NGL) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Hold
Based on 17 analysts87.5% Above Target
NGL trades 87.5% above Wall Street's consensus target of $2.00.
Current Price$15.99
Average Target$2.00
Low$2.00
Median$2.00
High$2.00
Analyst Target Range
Forward P/E47.0x
(Growth Premium)
PEG Ratio—
Implied Growth+124.0%
(High Growth)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes NGL achieves its forward estimates and maintains a stable P/E multiple of 47.0x. This scenario reflects the blended consensus of 17 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
NGL Price Target Analysis
Updated June 21, 2026As of June 21, 2026, NGL Energy Partners LP (NGL) has a Wall Street consensus price target of $2.00, based on estimates from 17 covering analysts. With the stock currently trading at $15.99, this represents a potential downside of -87.5%. The company has a market capitalization of $2.00B.
Analyst price targets range from a low of $2.00 to a high of $2.00, representing a 0% spread in expectations. The median target of $2.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 6 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, NGL trades at a trailing P/E of -4.6x and forward P/E of 47.0x. Analysts expect EPS to grow +124.0% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+12.4%
Industry Consensus
Avg Forward P/E
39.5x
(Growth Premium)
Peers with Coverage
8 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CAPLCrossAmerica Partners LP | $840M | $22.02 | — | — | Hold | 20.8x | 15 |
 GELGenesis Energy, L.P. | $1.8B | $14.47 | $16.50 | +14.0% | Buy | 241.2x | 16 |
 MMLPMartin Midstream Partners L.P. | $95M | $2.44 | — | — | Buy | — | 11 |
 WESWestern Midstream Partners, LP | $16.9B | $42.96 | $46.25 | +7.7% | Hold | 12.4x | 13 |
 HESMHess Midstream LP | $7.7B | $36.79 | $35.00 | -4.9% | Hold | 12.5x | 9 |
 USACUSA Compression Partners, LP | $3.0B | $25.06 | $29.67 | +18.4% | Buy | 20.0x | 19 |
 ETEnergy Transfer LP | $64.5B | $18.75 | $23.00 | +22.7% | Buy | 12.8x | 33 |
 EPDEnterprise Products Partners L.P. | $79.1B | $36.60 | $39.25 | +7.2% | Buy | 12.6x | 45 |
 PAAPlains All American Pipeline, L.P. | $15.1B | $21.34 | $24.29 | +13.8% | Buy | 13.5x | 42 |
 OXYOccidental Petroleum Corporation | $51.5B | $51.82 | $62.31 | +20.2% | Buy | 9.3x | 52 |
NGL — Frequently Asked Questions
Quick answers to the most common questions about buying NGL stock.
What is the NGL stock price target for 2026?
NGL's consensus price target is $2, -87.5% below the current price of $15.99. The 17 analysts tracking NGL see downside risk at present valuations.
Is NGL a buy, sell, or hold?
NGL has a consensus rating of "Hold" based on 17 Wall Street analysts. The rating breakdown is mixed, with 9 Hold ratings making up the largest segment. The consensus 12-month price target of $2 implies -87.5% downside from current levels.
Is NGL stock overvalued or undervalued?
At a forward P/E of 47.0294x, NGL trades at a premium valuation. The consensus price target of $2 (-87.5% downside) suggests analysts may view current valuations as stretched.
How high can NGL stock go?
The most bullish Wall Street analyst has a price target of $2 for NGL, while the most conservative target is $2. The consensus of $2 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover NGL stock?
NGL is well covered by analysts, with 17 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 9 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NGL stock forecast?
The 12-month NGL stock forecast based on 17 Wall Street analysts shows a consensus price target of $2, with estimates ranging from $2 (bear case) to $2 (bull case). The median consensus rating is "Hold".
What is NGL's forward P/E ratio?
NGL trades at a forward P/E ratio of 47.0x based on next-twelve-months earnings estimates. 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.
Should I buy NGL stock?
Analysts are cautious on NGL, with 2 Sell ratings and a price target of $2 (-87.5% from current price). The "Hold" 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.
Why do NGL price targets vary so much?
NGL analyst price targets range from $2 to $2, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $2 consensus represents the middle ground.
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