MGE Energy Inc
NASDAQ:MGEE

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MGE Energy Inc
NASDAQ:MGEE
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Price: 113.56 USD 4.99%
Market Cap: 4.1B USD
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Wall Street
Price Targets

MGEE Price Targets Summary
MGE Energy Inc

Wall Street analysts forecast MGEE stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGEE is 72.42 USD with a low forecast of 71.71 USD and a high forecast of 74.55 USD.

Lowest
Price Target
71.71 USD
37% Downside
Average
Price Target
72.42 USD
36% Downside
Highest
Price Target
74.55 USD
34% Downside

MGEE Last Price Targets
MGE Energy Inc

The latest public price target was made on Aug 23, 2024 by David Arcaro from Morgan Stanley , who expects MGEE stock to drop by 37% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
David Arcaro
Morgan Stanley
71 USD
Downside 37%
2 months ago
Aug 23, 2024
MGE Energy price target raised to $71 from $66 at Morgan Stanley
TheFly
David Arcaro
Morgan Stanley
68 USD
Downside 40%
5 months ago
May 28, 2024
MGE Energy price target raised to $68 from $63 at Morgan Stanley
TheFly
David Arcaro
Morgan Stanley
Price Target 71 USD
Upside/Downside 37%
View Source
David Arcaro
Morgan Stanley
Price Target 68 USD
Upside/Downside 40%
View Source
MGE Energy Inc Competitors:
Price Targets
OGE
OGE Energy Corp
3% Downside
MNW
Manawa Energy Ltd
10% Upside
TENAGA
Tenaga Nasional Bhd
11% Upside
SSE
SSE PLC
29% Upside
ALE
ALLETE Inc
2% Upside
CEG
Constellation Energy Corp
21% Upside
AEP
American Electric Power Company Inc
11% Upside
TRN
Terna Rete Elettrica Nazionale SpA
10% Upside

Revenue
Forecast

Revenue Estimate
MGE Energy Inc

For the last 8 years the compound annual growth rate for MGE Energy Inc's revenue is 3%. The projected CAGR for the next 3 years is 2%.

3%
Past Growth
2%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
MGE Energy Inc

For the last 8 years the compound annual growth rate for MGE Energy Inc's operating income is 2%. The projected CAGR for the next 3 years is 11%.

2%
Past Growth
11%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
MGE Energy Inc

For the last 8 years the compound annual growth rate for MGE Energy Inc's net income is 6%. The projected CAGR for the next 3 years is 11%.

6%
Past Growth
11%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGEE's stock price target?
Price Target
72.42 USD

According to Wall Street analysts, the average 1-year price target for MGEE is 72.42 USD with a low forecast of 71.71 USD and a high forecast of 74.55 USD.

What is MGE Energy Inc's Revenue forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for MGE Energy Inc's revenue is 3%. The projected CAGR for the next 3 years is 2%.

What is MGE Energy Inc's Operating Income forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for MGE Energy Inc's operating income is 2%. The projected CAGR for the next 3 years is 11%.

What is MGE Energy Inc's Net Income forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for MGE Energy Inc's net income is 6%. The projected CAGR for the next 3 years is 11%.

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