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MGE Energy, Inc.

MGE Energy Target Price

Analysts' average 12-month price target for MGE Energy is $73.

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Share Price

$77.69

Average Target Price

$73.006% downside

2 analysts in the last 4 months

High: $76 | Low: $70

Analyst Recommendations

No recommendations in the last 4 months.

Revenue & Income Forecast

Analysts' Target Prices

DateAnalystPrice TargetCurrent Upside/Downside
2026-07-22Morgan Stanley$762.2% downsideOpen
2026-05-21Morgan StanleyDavid Arcaro$709.9% downsideOpen
2026-02-02Morgan Stanley$736% downsideOpen
2024-08-23Morgan StanleyDavid Arcaro$718.6% downsideOpen
2024-05-28Morgan StanleyDavid Arcaro$6812.5% downsideOpen
2022-12-15Morgan Stanley$6615% downsideOpen
2022-11-11Morgan Stanley$6318.9% downsideOpen
2022-09-22Morgan Stanley$753.5% downsideOpen
2022-07-21Morgan Stanley$727.3% downsideOpen
2022-05-23Morgan Stanley$744.7% downsideOpen
2022-05-02Morgan Stanley$770.9% downsideOpen
2022-04-20Morgan Stanley$780.4% upsideOpen

MGE Energy (MGEE) FAQ

MGE Energy posts a target price of $73. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

A target price of $73 for MGEE means covering analysts, on average, see the stock 6.0% downside of $77.69 over about 12 months. Dig into who set the high and low targets and how recently they updated — freshness matters as much as the average itself.

Context for MGEE's target price usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; MGE Energy's other metric pages and overview cover the third.

Judging MGE Energy against Utilities peers is usually better than using a market-wide rule of thumb. Business models inside Utilities are more comparable, which makes gaps in target price easier to interpret. Start with $73 here, then scan peer and history charts to see if the gap is persistent.