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MGE Energy (MGEE): analyst forecast and price target
Analyst consensus
Moderate Sell0 Buy2 Hold1 Sell
Ratings of 3 analysts in the last 3 months12-month forecast
Based on 3 price targets given in the last 3 months, the average target is $74.33, the highest $76.00, the lowest $71.00. The average is +2.9% from the last price of $72.27.
Analyst ratings 5
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| Aidan Kelly★★★★★★★★★★#8042 · hits 45% · avg +0.9% | J.P. Morgan | $76.00 | Hold | +5.2% | Initiated | 15.10.26on TipRanks 05:25 | −0.3%next day +2.5% | ↗ |
| AI xAi Regulated ElectricxAI Grok-3 | TipRanks - xAI | $80.00 → $77.00−3.7% | Hold | +6.5% | Downgrade | 06.10.26on TipRanks 01:05 | — | |
| AI OpenAI Regulated ElectricOpenAI 5.2 | TipRanks - OpenAI | $77.00 → $76.00−1.3% | Hold | +5.2% | Reiterated | 06.10.26on TipRanks 01:05 | — | |
| AI Anthropic Regulated ElectricAnthropic Opus-4.6 | TipRanks - Anthropic | $75.00 → $73.00−2.7% | Hold | +1.0% | Reiterated | 06.10.26on TipRanks 01:05 | — | |
| AI Google Regulated ElectricGemini 3-pro | TipRanks - Google | $79.00 → $77.00−2.5% | Hold | +6.5% | Downgrade | 06.10.26on TipRanks 01:05 | — | |
| AI xAi Regulated ElectricxAI Grok-3 | TipRanks - xAI | $79.00 → $80.00+1.3% | Buy | +10.7% | Reiterated | 02.10.26on TipRanks 01:05 | — | |
| AI DeepSeek Regulated ElectricDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $77.00 → $78.00+1.3% | Buy | +7.9% | Reiterated | 02.10.26on TipRanks 01:05 | — | |
| AI OpenAI Regulated ElectricOpenAI 5.2 | TipRanks - OpenAI | $76.00 → $77.00+1.3% | Hold | +6.5% | Reiterated | 02.10.26on TipRanks 01:05 | — | |
| AI Anthropic Regulated ElectricAnthropic Opus-4.6 | TipRanks - Anthropic | $74.00 → $75.00+1.4% | Hold | +3.8% | Reiterated | 02.10.26on TipRanks 01:05 | — | |
| AI Google Regulated ElectricGemini 3-pro | TipRanks - Google | $78.00 → $79.00+1.3% | Buy | +9.3% | Reiterated | 02.10.26on TipRanks 01:05 | — | |
| AI OpenAI Regulated ElectricOpenAI 5.2 | TipRanks - OpenAI | $75.00 → $76.00+1.3% | Hold | +5.2% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI Anthropic Regulated ElectricAnthropic Opus-4.6 | TipRanks - Anthropic | $73.00 → $74.00+1.4% | Hold | +2.4% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI PerPlexity Regulated ElectricPerPlexity SonarPro | TipRanks - PerPlexity | $77.00 → $78.00+1.3% | Buy | +7.9% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI xAi Regulated ElectricxAI Grok-3 | TipRanks - xAI | $80.00 → $79.00−1.2% | Buy | +9.3% | Reiterated | 30.09.26on TipRanks 00:05 | — | |
| AI DeepSeek Regulated ElectricDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $78.00 → $77.00−1.3% | Buy | +6.5% | Reiterated | 30.09.26on TipRanks 00:05 | — | |
| AI OpenAI Regulated ElectricOpenAI 5.2 | TipRanks - OpenAI | $77.00 → $75.00−2.6% | Hold | +3.8% | Reiterated | 30.09.26on TipRanks 00:05 | — | |
| AI Anthropic Regulated ElectricAnthropic Opus-4.6 | TipRanks - Anthropic | $75.00 → $73.00−2.7% | Hold | +1.0% | Reiterated | 30.09.26on TipRanks 00:05 | — | |
| AI Google Regulated ElectricGemini 3-pro | TipRanks - Google | $79.00 → $78.00−1.3% | Buy | +7.9% | Reiterated | 30.09.26on TipRanks 00:05 | — | |
| AI PerPlexity Regulated ElectricPerPlexity SonarPro | TipRanks - PerPlexity | $78.00 → $77.00−1.3% | Buy | +6.5% | Reiterated | 30.09.26on TipRanks 00:05 | — | |
| Ross Fowler★★★★★★★★★★#1682 · hits 60% · avg +6.0% | Bank of America Securities | $76.00 | Hold | +5.2% | Initiated | 24.09.26on TipRanks 06:15 | −3.3%next day +1.7% · 5 days +2.7% | ↗ |
| David Arcaro★★★★★★★★★★#549 · hits 59% · avg +12.4% | Morgan Stanley | $74.00 → $71.00−4.1% | Sell | −1.8% | Assigned | 21.09.26on TipRanks Sep 18 08:25 | −1.4%next day −3.2% · 5 days −6.7% | ↗ |
| Paul Fremont★★★★★★★★★★#1891 · hits 65% · avg +5.5% | Ladenburg Thalmann & Co. | $83.50 → $81.00−3.0% | Buy | +12.1% | Upgrade | 08.06.26on TipRanks 06:50 | +0.2%next day +1.6% · 5 days −1.0% | ↗ |
| Matvey Tayts★★★★★★★★★★#8440 · hits 100% · avg +5.5% | Freedom Capital Markets | $77.00 | Hold | +6.5% | Initiated | 29.05.26on TipRanks 11:55 | −0.4%next day −3.5% · 5 days +3.3% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering MGE Energy
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $73.50 at a price of $69.45 (+5.8%); now: $74.33 at $72.27 (+2.9%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 1 | 1 | 0 | 0 |
| Hold | 1 | 1 | 1 | 0 | 1 | 2 |
| Sell | 4 | 4 | 3 | 3 | 3 | 2 |
Earnings and sales forecast
Next report: 29.10.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.18 (from $1.06 to $1.25). Last quarter: $0.89.
Sales
Next quarter’s sales estimate — $185M (from $179M to $190M). Last quarter: $161M.
Best top-analyst consensus in the sector · Utilities
About MGE Energy
- CEO: Jeffrey Keebler
- Employees: 726
- 133 South Blair Street, Madison, WI, 53788, US
- www.mgeenergy.com
MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa. Furthermore, MGE Energy undertakes the planning, construction, operation, maintenance, and expansion of transmission infrastructure to provide essential transmission services. The company's electricity generation portfolio includes coal-fired, gas-fired, and renewable energy sources, supplemented by power purchased under both short-term and long-term agreements. As of December 31, 2021, MGE Energy was supplying electricity to 159,000 customers in Dane County, Wisconsin, and distributing natural gas to 169,000 customers across seven Wisconsin counties. The company maintains its corporate headquarters in Madison, Wisconsin.
Data from the stock’s TipRanks forecast page, read 158 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗