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Magnolia Oil & Gas Corp Stock (MGY) Forecast

The Magnolia Oil & Gas Corp (MGY) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $25.10, representing a -4.72% decrease from the current price of $26.34. The highest analyst price target is $25.86, and the lowest is $24.33.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MGY Price Target
Average 23.15 (-12.09% Downside)
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Is Magnolia Oil & Gas Corp (MGY) A Buy Now?

Oscillators
Name Value Action
RSI(14) 64.50 Neutral
STOCH(9,6) 56.03 Neutral
STOCHRSI(14) 45.10 Neutral
MACD(12,26) 0.3798 Sell
ADX(14) 46.43 Buy
William %R -46.06 Neutral
CCI(14) 38.01 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
26.00
Buy
26.16
Buy
MA20
26.31
Buy
25.97
Buy
MA50
24.70
Buy
24.84
Buy
MA100
22.74
Buy
23.68
Buy
MA200
22.54
Buy
22.81
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, MGY could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 1 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on MGY, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 64.5 indicates that MGY is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 56.03 indicates that MGY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 45.1 indicates that MGY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 46.43 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 38.01 indicates that MGY is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term MGY price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Magnolia Oil & Gas Corp financial reports and earnings history, Magnolia Oil & Gas Corp (MGY) stock could reach $37.59 by 2030, $84.43 by 2040 and $112.69 by 2050. See the projected annual prices until 2050 of the Magnolia Oil & Gas Corp stock below:

  • Magnolia Oil & Gas Corp (MGY) is expected to reach an average price of $65.42 in 2035, with a high prediction of $67.29 and a low estimate of $64.10. This indicates an $148.38% rise from the last recorded price of $26.34.
  • Magnolia Oil & Gas Corp (MGY) stock is projected to chart a bullish course in 2040, with an average price target of $82.00, representing an $211.33% surge from its current level. The forecast ranges from a conservative $80.04 to a sky-high $84.43.
  • Our analysts predict Magnolia Oil & Gas Corp (MGY) to jump 281.57% by 2045, soaring from $97.27 to an average price of $100.51, potentially reaching $102.42. While $97.27 is the low estimate, the potential upside is significant.
  • Magnolia Oil & Gas Corp (MGY) stock is expected to climb by 2050, reaching an average of $111.25, a $322.36% jump from its current level. However, a wide range of estimates exists, with high and low targets of $112.69 and $107.85, respectively, highlighting the market's uncertainty.

Magnolia Oil & Gas Corp Stock (MGY) Year by Year Forecast

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2024

Our forecast for MGY stock price in 2024 now indicates an average price target of $23.75 with a high forecast of $25.86 and a low forecast of $21.64. The average prediction reflects an decrease of -9.84% from the last recorded price of $26.34.
Month Average Low High Change from today's price
May, 2024 $24.73 $24.33 $25.86 -6.12%
June, 2024 $23.00 $22.99 $25.12 -12.68%
July, 2024 $23.46 $22.57 $24.17 -10.95%
August, 2024 $23.53 $22.65 $23.79 -10.68%
September, 2024 $22.67 $21.64 $23.82 -13.93%
October, 2024 $23.83 $22.38 $24.80 -9.54%
November, 2024 $22.85 $22.66 $23.99 -13.25%
December, 2024 $24.62 $22.40 $24.83 -6.53%

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2025

Magnolia Oil & Gas Corp Stock (MGY) is expected to reach an average price of $21.77 in 2025, with a high prediction of $26.61 and a low estimate of $16.93. This indicates an -17.36% fall from the last recorded price of $26.34.
Month Average Low High Change from today's price
January, 2025 $25.01 $23.88 $25.39 -5.05%
February, 2025 $26.17 $25.15 $26.31 -0.65%
March, 2025 $23.78 $23.74 $26.61 -9.71%
April, 2025 $19.75 $19.70 $23.51 -25.02%
May, 2025 $17.77 $16.93 $19.71 -32.55%
June, 2025 $20.45 $17.26 $20.52 -22.38%
July, 2025 $20.05 $18.79 $20.57 -23.89%
August, 2025 $20.14 $19.57 $21.99 -23.54%
September, 2025 $21.02 $19.75 $21.51 -20.21%
October, 2025 $21.55 $20.25 $21.74 -18.19%
November, 2025 $20.86 $20.61 $21.57 -20.80%
December, 2025 $20.24 $19.82 $21.24 -23.16%

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2026

The predicted value for Magnolia Oil & Gas Corp (MGY) in 2026 is set at an average of $26.41. Estimates vary from a peak of $33.58 to a trough of $19.23, indicating an +0.25% surge from the present price of $26.34.
Month Average Low High Change from today's price
January, 2026 $19.44 $19.27 $20.67 -26.19%
February, 2026 $22.25 $19.23 $22.39 -15.51%
March, 2026 $22.80 $21.40 $23.42 -13.43%
April, 2026 $24.71 $22.54 $25.01 -6.21%
May, 2026 $25.86 $24.03 $26.18 -1.83%
June, 2026 $27.86 $25.70 $29.21 +5.76%
July, 2026 $27.21 $26.97 $28.31 +3.30%
August, 2026 $28.09 $26.42 $29.17 +6.64%
September, 2026 $30.58 $27.91 $32.58 +16.09%
October, 2026 $32.08 $30.90 $32.92 +21.80%
November, 2026 $31.18 $29.45 $32.50 +18.38%
December, 2026 $32.82 $29.60 $33.58 +24.61%

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Magnolia Oil & Gas Corp (MGY) is $40.69, with a high forecast of $48.98 and a low forecast of $32.41. This indicates an +54.49% increase from the last price of $26.34.
Month Average Low High Change from today's price
January, 2027 $34.85 $32.41 $35.43 +32.32%
February, 2027 $38.18 $34.90 $38.58 +44.93%
March, 2027 $36.24 $35.80 $39.37 +37.57%
April, 2027 $36.08 $35.08 $38.93 +36.97%
May, 2027 $37.61 $34.83 $40.60 +42.77%
June, 2027 $39.44 $36.79 $41.21 +49.73%
July, 2027 $41.86 $37.79 $41.96 +58.92%
August, 2027 $42.11 $38.64 $43.81 +59.87%
September, 2027 $41.64 $40.47 $45.19 +58.09%
October, 2027 $46.76 $39.93 $46.83 +77.53%
November, 2027 $39.95 $39.80 $48.98 +51.68%
December, 2027 $38.71 $36.87 $42.09 +46.98%

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2028

In 2028, Magnolia Oil & Gas Corp (MGY) is projected to reach an average price of $42.36, with a high projection of $47.20 and a low estimate of $37.52. This indicates an +60.82% rise from the last price of $26.34.
Month Average Low High Change from today's price
January, 2028 $42.85 $39.26 $43.60 +62.69%
February, 2028 $42.41 $40.92 $44.94 +61.03%
March, 2028 $42.39 $37.52 $43.72 +60.92%
April, 2028 $45.22 $40.59 $45.97 +71.67%
May, 2028 $45.81 $43.97 $47.20 +73.91%
June, 2028 $43.95 $41.93 $46.55 +66.85%
July, 2028 $43.64 $41.11 $44.32 +65.68%
August, 2028 $41.45 $41.19 $43.95 +57.37%
September, 2028 $41.18 $40.74 $43.76 +56.35%
October, 2028 $43.85 $39.22 $43.95 +66.48%
November, 2028 $40.18 $39.40 $44.04 +52.56%
December, 2028 $41.23 $39.87 $41.77 +56.51%

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2029

The 2029 price forecast for Magnolia Oil & Gas Corp Stock (MGY) is $38.71 on average, with a high prediction of $45.59 and a low estimate of $31.82. This represents an +46.95% increase from the previous price of $26.34.
Month Average Low High Change from today's price
January, 2029 $42.46 $40.22 $42.67 +61.22%
February, 2029 $43.36 $41.43 $43.56 +64.60%
March, 2029 $43.82 $42.89 $44.96 +66.36%
April, 2029 $43.80 $43.74 $45.49 +66.28%
May, 2029 $44.84 $42.47 $45.59 +70.23%
June, 2029 $43.10 $42.66 $45.15 +63.63%
July, 2029 $42.97 $42.31 $44.29 +63.14%
August, 2029 $33.23 $31.82 $44.30 +26.14%
September, 2029 $34.62 $32.97 $35.07 +31.43%
October, 2029 $35.26 $33.45 $35.47 +33.86%
November, 2029 $35.69 $34.77 $35.83 +35.50%
December, 2029 $36.91 $34.87 $37.16 +40.11%

Magnolia Oil & Gas Corp Stock (MGY) Price Forecast for 2030

Magnolia Oil & Gas Corp Stock (MGY) is expected to reach an average price of $35.41 in 2030, with a high forecast of $39.93 and a low forecast of $30.90. This signifies an +34.45% surge from the last price of $26.34.
Month Average Low High Change from today's price
January, 2030 $36.37 $35.96 $37.59 +38.09%
February, 2030 $35.67 $34.71 $36.75 +35.41%
March, 2030 $35.60 $34.64 $36.31 +35.16%
April, 2030 $35.05 $34.83 $36.16 +33.09%
May, 2030 $35.16 $34.01 $35.50 +33.48%
June, 2030 $36.47 $34.91 $37.40 +38.44%
July, 2030 $36.17 $35.41 $36.71 +37.32%
August, 2030 $37.60 $35.27 $37.81 +42.74%
September, 2030 $38.77 $36.94 $39.06 +47.20%
October, 2030 $39.11 $38.79 $39.93 +48.47%
November, 2030 $37.25 $37.21 $39.33 +41.44%
December, 2030 $31.75 $30.90 $37.02 +20.53%
$28.36
price up icon 0.28%
oil_gas_ep DVN
$52.98
price up icon 0.67%
oil_gas_ep WDS
$18.40
price up icon 0.30%
$205.57
price down icon 1.04%
oil_gas_ep HES
$163.13
price up icon 0.36%
oil_gas_ep OXY
$68.09
price up icon 0.44%
Cap:     |  Volume (24h):