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Northern Oil and Gas, Inc. (NOG) Stock Forecast

Data as of May 2, 2026

Energy · Current price $26.56 (-2.21%)

Consensus Target
$27.67
Upside
+9.2%
Analysts
9
Rating
Hold(2.67)

Price Target Range

Low $24.00Consensus $27.67High $30.00
▲ Current $26.56

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy4
Hold2
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Jan 21, 2026Nitin KumarMizuho Securities$29.00+9.2%
Oct 14, 2025Devin McDermottMorgan Stanley$26.00-2.1%
Apr 14, 2025Scott HanoldRBC Capital$34.00+28.0%
Jan 22, 2025Devin McDermottMorgan Stanley$43.00+61.9%
Sep 19, 2024William JanelaMizuho Securities$47.00+77.0%
Sep 16, 2024Devin McDermottMorgan Stanley$39.00+46.8%
Jul 22, 2024Neal DingmannTruist Financial$54.00+103.3%
Jul 1, 2024Neal DingmannTruist Financial$57.00+114.6%
May 14, 2024Mark LearPiper Sandler$43.00+61.9%
Apr 23, 2024Derrick WhitfieldStifel Nicolaus$55.00+107.1%
Mar 28, 2024Devin McDermottMorgan Stanley$38.00+43.1%
Aug 8, 2023Scott HanoldRBC Capital$42.00+58.1%
Apr 10, 2023Scott HanoldRBC Capital$46.00+73.2%
Jun 20, 2022John FreemanRaymond James$55.00+107.1%
Mar 14, 2022Joseph McKayWells Fargo$34.00+28.0%

NOG vs Sector & Market

MetricNOGEnergy AvgLarge Cap Avg
Analyst Rating2.672.532.41
Analyst Count91018
Target Upside+9.2%+33.6%+14.9%
P/E Ratio68.6930.6631.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$2.15B$2.25B$2.37B6
2027-03-31$529M$566M$597M2
2027-06-30$525M$562M$593M2
2027-09-30$534M$571M$603M2
2027-12-31$546M$584M$616M2
2028-03-31$571M$611M$645M1
2028-06-30$573M$613M$647M1
2028-09-30$575M$615M$649M1
2028-12-31$576M$616M$650M1
2029-12-31$2.20B$2.35B$2.50B2
2030-12-31$2.23B$2.38B$2.54B2

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$2.38$3.52$4.926
2027-03-31$0.94$1.03$1.102
2027-06-30$0.85$0.93$1.002
2027-09-30$0.83$0.91$0.982
2027-12-31$0.85$0.93$1.002
2028-03-31$1.20$1.31$1.403
2028-06-30$1.17$1.28$1.373
2028-09-30$1.19$1.30$1.393
2028-12-31$1.20$1.31$1.403
2029-12-31$3.75$4.09$4.441
2030-12-31$3.80$4.14$4.501

Frequently Asked Questions

What is the analyst consensus for NOG?

The consensus among 9 analysts covering Northern Oil and Gas, Inc. (NOG) is Hold with an average price target of $27.67.

What is the highest price target for NOG?

The highest price target for NOG is $57.00, set by Neal Dingmann at Truist Financial on 2024-07-01.

What is the lowest price target for NOG?

The lowest price target for NOG is $26.00, set by Devin McDermott at Morgan Stanley on 2025-10-14.

How many analysts cover NOG?

9 analysts have issued ratings for Northern Oil and Gas, Inc. in the past 12 months.

Is NOG a buy or sell right now?

Based on 9 analyst ratings, NOG has a consensus rating of Hold (2.67/5) with a +9.2% upside to the consensus target of $27.67.

What are the earnings estimates for NOG?

Analysts estimate NOG will report EPS of $3.52 for the period ending 2026-12-31, with revenue estimated at $2.25B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.