MGE Energy Inc
NASDAQ:MGEE

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MGE Energy Inc
NASDAQ:MGEE
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Price: 94.46 USD 0.55% Market Closed
Market Cap: 3.4B 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 76.5 USD with a low forecast of 75.75 USD and a high forecast of 78.75 USD.

Lowest
Price Target
75.75 USD
20% Downside
Average
Price Target
76.5 USD
19% Downside
Highest
Price Target
78.75 USD
17% 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 25% 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 25%
4 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 28%
6 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 25%
View Source
David Arcaro
Morgan Stanley
Price Target 68 USD
Upside/Downside 28%
View Source
MGE Energy Inc Competitors:
Price Targets
TRN
Terna Rete Elettrica Nazionale SpA
13% Upside
CEZ
CEZ as
8% Downside
2638
HK Electric Investments Ltd
20% Upside
BKW
BKW AG
11% Upside
LNT
Alliant Energy Corp
9% Upside
ENIC
Enel Chile SA
16% 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
Estimates Accuracy
-4%
Average Miss

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
Estimates Accuracy
-7%
Average Miss

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 9%.

6%
Past Growth
9%
Estimated Growth
Estimates Accuracy
-4%
Average Miss

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
76.5 USD

According to Wall Street analysts, the average 1-year price target for MGEE is 76.5 USD with a low forecast of 75.75 USD and a high forecast of 78.75 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
9%

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 9%.

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