Magnolia Oil & Gas Corp - Ordinary Shares - Class A

Magnolia Oil & Gas Target Price

Where could MGY trade next? Consensus target price: $34.

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Share Price

$24.26

Average Target Price

$33.83

39.5% upside

12 analysts in the last 4 months

High: $38 | Low: $29

Analyst Recommendations

No recommendations in the last 4 months.

Revenue & Income Forecast

Analysts' Target Prices

Date	Analyst	Price Target	Current Upside/Downside
2026-08-17	Johnson RiceCharles Meade	$32	31.9% upside
2026-08-13	Wells Fargo	$36	48.4% upside
2026-08-12	KeyBancTim Rezvan	$38	56.6% upside
2026-08-11	SusquehannaCharles Minervino	$37	52.5% upside
2026-07-28	Truist Financial	$33	36% upside
2026-07-23	Roth Capital	$29	19.5% upside
2026-07-22	Mizuho SecuritiesNitin Kumar	$33	36% upside
2026-07-21	Susquehanna	$36	48.4% upside
2026-07-10	UBS	$34	40.1% upside
2026-07-07	Truist Financial	$32	31.9% upside
2026-06-22	Roth CapitalLeo Mariani	$31	27.8% upside
2026-05-27	Mizuho Securities	$35	44.3% upside
2026-05-13	Wells FargoHanwen Chang	$31	27.8% upside
2026-04-27	Truist Financial	$34	40.1% upside
2026-04-10	Wells Fargo	$32	31.9% upside
2026-02-16	Wells Fargo	$25	3.1% upside
2026-02-11	Goldman Sachs	$26	7.2% upside
2026-02-10	Piper Sandler	$26	7.2% upside
2026-02-09	KeyBanc	$30	23.7% upside
2026-02-06	Mizuho Securities	$30	23.7% upside
2026-01-27	Wells FargoHanwen Chang	$22	9.3% downside
2026-01-26	Susquehanna	$28	15.4% upside
2026-01-09	UBSPeyton Dorne	$29	19.5% upside
2026-01-09	BMO Capital	$27	11.3% upside
2025-12-12	Mizuho Securities	$29	19.5% upside
2025-11-18	Piper Sandler	$23	5.2% downside
2025-10-30	Mizuho Securities	$26	7.2% upside
2025-10-15	KeyBancTim Rezvan	$29	19.5% upside
2025-04-22	SusquehannaCharles Minervino	$30	23.7% upside
2025-04-22	Piper Sandler	$25	3.1% upside
2025-03-05	Williams Trading	$29	19.5% upside
2024-10-28	Truist FinancialNeal Dingmann	$31	27.8% upside
2024-09-16	Mizuho SecuritiesWilliam Janela	$27	11.3% upside
2024-06-11	Capital One FinancialPhillips Johnston	$28	15.4% upside
2024-05-31	Truist FinancialNeal Dingmann	$35	44.3% upside
2024-04-19	Piper SandlerMark Lear	$29	19.5% upside
2024-04-18	Wells FargoHanwen Chang	$27	11.3% upside
2023-01-11	Piper Sandler	$35	44.3% upside
2022-11-17	Piper Sandler	$36	48.4% upside
2022-07-27	MKM PartnersLeo Mariani	$26	7.2% upside
2022-07-19	Truist Financial	$39	60.8% upside
2022-07-11	Wells Fargo	$30	23.7% upside
2022-04-25	Susquehanna	$29	19.5% upside
2021-08-05	MKM PartnersJohn Gerdes	$16	34% downside
2021-06-16	Northland SecuritiesJeff Grampp	$14	42.3% downside
2021-04-20	Goldman SachsUmang Choudhary	$14.5	40.2% downside

Magnolia Oil & Gas (MGY) FAQ

Magnolia Oil & Gas posts a target price of $34. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

A target price of $34 for MGY means covering analysts, on average, see the stock 39.5% upside of $24.26 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 MGY'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; Magnolia Oil & Gas's other metric pages and overview cover the third.

Judging Magnolia Oil & Gas against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in target price easier to interpret. Start with $34 here, then scan peer and history charts to see if the gap is persistent.