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MGE Energy (MGEE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

MGEE Stock Forecast

MGE Energy (MGEE) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $71.00, with a high of $71.00 and a low of $71.00. This represents a -17.36% decline from the last price of $85.91.

$60 $69 $78 $87 $96 $105 High: $71 Avg: $71 Low: $71 Last Closed Price: $85.91

MGEE Stock Rating

MGE Energy stock's rating consensus is Hold, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 3 Hold (75.00%), 1 Sell (25.00%), and 0 Strong Sell (0.00%).

Hold
Total 4 0 1 3 Strong Sell Sell Hold Buy Strong Buy

MGEE Price Target Upside V Benchmarks

TypeNameUpside
StockMGE Energy-17.36%
SectorUtilities Stocks6.06%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$85.91$85.91$85.91
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 25--21-3
Sep, 25--12-3
Aug, 25--12-3
Jul, 25---213
Jun, 25---213
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 23, 2024David ArcaroMorgan Stanley$71.00$87.67-19.01%-17.36%
May 28, 2024David ArcaroMorgan Stanley$68.00$78.42-13.29%-20.85%
Dec 15, 2022Morgan Stanley$66.00$70.89-6.90%-23.18%
Nov 11, 2022Morgan Stanley$63.00$68.95-8.63%-26.67%
Sep 22, 2022Morgan Stanley$75.00$75.34-0.45%-12.70%
Jul 21, 2022Morgan Stanley$72.00$74.72-3.64%-16.19%
May 23, 2022Morgan Stanley$74.00$81.14-8.80%-13.86%
May 02, 2022Morgan Stanley$77.00$77.75-0.96%-10.37%
Apr 20, 2022Morgan Stanley$78.00$83.68-6.79%-9.21%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2025Morgan StanleyUnderweightUnderweighthold
Aug 21, 2025Morgan StanleyUnderweightUnderweighthold
Apr 23, 2025Morgan StanleyUnderweightUnderweighthold
Sep 25, 2024Morgan StanleyUnderweightUnderweighthold
Aug 23, 2024Morgan StanleyUnderweightUnderweighthold
May 28, 2024Morgan StanleyUnderweightUnderweighthold
Dec 15, 2022Morgan StanleyUnderweightUnderweighthold
Nov 11, 2022Morgan StanleyUnderweightUnderweighthold
Sep 22, 2022Morgan StanleyUnderweightUnderweighthold
Aug 23, 2022Morgan StanleyUnderweightUnderweighthold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$2.60$2.92$3.07$3.25$3.33---
Avg Forecast$2.67$3.01$3.14$3.31$3.44$3.84$4.12$4.13
High Forecast$2.67$3.01$3.16$3.31$3.55$3.95$4.12$4.13
Low Forecast$2.67$3.01$3.12$3.31$3.31$3.73$4.11$4.13
Surprise %-2.62%-2.99%-2.23%-1.81%-3.20%---

Revenue Forecast

$500M $560M $620M $680M $740M $800M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$538.63M$606.58M$714.52M$690.43M$676.94M---
Avg Forecast$566.57M$595.25M$696.03M$716.33M$674.86M$706.94M$728.44M$752.00M
High Forecast$566.57M$595.25M$698.63M$716.80M$675.31M$707.41M$728.93M$752.50M
Low Forecast$566.57M$595.25M$693.44M$715.85M$674.41M$706.47M$727.96M$751.50M
Surprise %-4.93%1.90%2.66%-3.61%0.31%---

Net Income Forecast

$90M $104M $118M $132M $146M $160M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$92.42M$105.76M$110.95M$117.70M$120.57M---
Avg Forecast$96.44M$108.74M$114.53M$129.17M$123.58M$138.95M$148.91M$149.45M
High Forecast$96.44M$108.74M$137.44M$155.01M$128.64M$142.93M$149.03M$149.58M
Low Forecast$96.44M$108.74M$91.62M$103.34M$119.60M$134.97M$148.78M$149.32M
Surprise %-4.17%-2.74%-3.12%-8.88%-2.44%---

MGEE Forecast FAQ

Is MGE Energy stock a buy?

MGE Energy stock has a consensus rating of Hold, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 0 Buy, 3 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that MGE Energy is a neutral investment for most analysts.

What is MGE Energy's price target?

MGE Energy's price target, set by 4 Wall Street analysts, averages $71 over the next 12 months. The price target range spans from $71 at the low end to $71 at the high end, suggesting a potential -17.36% change from the previous closing price of $85.91.

How does MGE Energy stock forecast compare to its benchmarks?

MGE Energy's stock forecast shows a -17.36% downside, underperforming the average forecast for the utilities stocks sector (6.06%).

What is the breakdown of analyst ratings for MGE Energy over the past three months?

  • October 2025: 0% Strong Buy, 0% Buy, 66.67% Hold, 33.33% Sell, 0% Strong Sell.
  • September 2025: 0% Strong Buy, 0% Buy, 33.33% Hold, 66.67% Sell, 0% Strong Sell.
  • August 2025: 0% Strong Buy, 0% Buy, 33.33% Hold, 66.67% Sell, 0% Strong Sell.

What is MGE Energy’s EPS forecast?

MGE Energy's average annual EPS forecast for its fiscal year ending in December 2025 is $3.84, marking a 15.32% increase from the reported $3.33 in 2024. Estimates for the following years are $4.12 in 2026, and $4.13 in 2027.

What is MGE Energy’s revenue forecast?

MGE Energy's average annual revenue forecast for its fiscal year ending in December 2025 is $706.94M, reflecting a 4.43% increase from the reported $676.94M in 2024. The forecast for 2026 is $728.44M, and $752M for 2027.

What is MGE Energy’s net income forecast?

MGE Energy's net income forecast for the fiscal year ending in December 2025 stands at $138.95M, representing an 15.25% increase from the reported $120.57M in 2024. Projections indicate $148.91M in 2026, and $149.45M in 2027.