MGE Energy, Inc. (MGEE) Stock Forecast
Data as of Oct 31, 2026Utilities · Current price $73.58 (-0.26%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Aug 23, 2024 | David Arcaro | Morgan Stanley | $71.00 | -3.5% |
| May 28, 2024 | David Arcaro | Morgan Stanley | $68.00 | -7.6% |
Top Analysts Covering MGEE
MGEE vs Sector & Market
| Metric | MGEE | Utilities Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 3.50 | 2.54 | 2.41 |
| Analyst Count | 4 | 9 | 19 |
| Target Upside | +3.3% | +48.8% | +21.5% |
| P/E Ratio | 18.87 | 0.34 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $195M | $195M | $195M | 1 |
| 2027-12-31 | $743M | $782M | $821M | 2 |
| 2028-12-31 | $740M | $767M | $794M | 1 |
| 2029-12-31 | $767M | $795M | $823M | 1 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $0.79 | $0.79 | $0.79 | 1 |
| 2027-12-31 | $4.06 | $4.19 | $4.30 | 2 |
| 2028-12-31 | $4.07 | $4.27 | $4.47 | 1 |
| 2029-12-31 | $4.31 | $4.52 | $4.73 | 1 |
Frequently Asked Questions
What is the analyst consensus for MGEE?
The consensus among 4 analysts covering MGE Energy, Inc. (MGEE) is Hold with an average price target of $76.00.
What is the highest price target for MGEE?
The highest price target for MGEE is $71.00, set by David Arcaro at Morgan Stanley on 2024-08-23.
What is the lowest price target for MGEE?
The lowest price target for MGEE is $68.00, set by David Arcaro at Morgan Stanley on 2024-05-28.
How many analysts cover MGEE?
4 analysts have issued ratings for MGE Energy, Inc. in the past 12 months.
Is MGEE a buy or sell right now?
Based on 4 analyst ratings, MGEE has a consensus rating of Hold (3.50/5) with a +3.3% upside to the consensus target of $76.00.
What are the earnings estimates for MGEE?
Analysts estimate MGEE will report EPS of $0.79 for the period ending 2026-12-31, with revenue estimated at $195M.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.