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Northern Oil And Gas (NOG): analyst forecast and price target

$27.16 +5.48% close 16.10.26 · market cap $2.7B · Energy · Oil & Gas Exploration & Production IWM 0.10%
Price targets and ratings of

Analyst consensus

Hold

2 Buy2 Hold1 Sell

Ratings of 5 analysts in the last 3 months · top analysts only

12-month forecast

$29.60+9.0% upside

Based on 5 price targets given in the last 3 months, the average target is $29.60, the highest $32.00, the lowest $25.00. The average is +9.0% from the last price of $27.16.

$20.00$25.00$30.00Jan 26AprJulOctJan 27AprJulOctHigh$32.00Average$29.60Low$25.00
Highest target $32.00 Average target $29.60 Lowest target $25.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $26.00 → $25.00−3.8% Sell −8.0% Assigned 15.10.26on TipRanks 08:40 −2.4%next day +6.6%
Paul Diamond CFA★★★★★★★★★★#5993 · hits 47% · avg +1.6% Citi $28.00 → $32.00+14.3% Buy +17.8% Reiterated 15.10.26on TipRanks 06:35 −2.4%next day +6.6%
Unknown Analyst Scotiabank $27.00 Hold −0.6% Initiated 14.10.26on TipRanks Oct 15 06:35 +0.7%next day −2.4%
William Janela★★★★★★★★★★#1847 · hits 50% · avg +9.5% Mizuho Securities $29.00 → $30.00+3.4% Hold +10.5% Reiterated 14.10.26on TipRanks 07:40 +0.7%next day −2.4%
Scott Hanold★★★★★★★★★★#206 · hits 65% · avg +17.9% RBC Capital $30.00 Hold +10.5% Reiterated 13.10.26on TipRanks Oct 14 07:25 +3.8%next day +0.7%
Neal Dingmann★★★★★★★★★★#11544 · hits 41% · avg −2.5% William Blair — Buy — Reiterated 29.09.26on TipRanks 09:11 +0.1%next day +0.8% · 5 days +3.2%
John Freeman★★★★★★★★★★#38 · hits 68% · avg +30.1% Raymond James $28.00 → $31.00+10.7% Buy +14.1% Reiterated 10.09.26on TipRanks 08:50 +2.9%next day +0.2% · 5 days −4.9%
Scott Hanold★★★★★★★★★★#206 · hits 65% · avg +17.9% RBC Capital $30.00 Hold +10.5% Assigned 31.08.26on TipRanks Sep 1 07:10 +1.4%next day +2.0% · 5 days −1.1%
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $25.00 Sell −8.0% Assigned 20.08.26on TipRanks 08:20 +4.1%next day +1.2% · 5 days −4.2%
Paul Diamond CFA★★★★★★★★★★#5993 · hits 47% · avg +1.6% Citi $36.00 → $28.00−22.2% Buy +3.1% Reiterated 20.07.26on TipRanks Jul 23 21:14 +0.3%next day +2.4% · 5 days −4.1%
William Janela★★★★★★★★★★#1847 · hits 50% · avg +9.5% Mizuho Securities $31.00 → $29.00−6.5% Hold +6.8% Reiterated 14.07.26on TipRanks 08:14 −1.4%next day +0.7% · 5 days +9.3%
Charles Meade★★★★★★★★★★#2614 · hits 51% · avg +15.4% Johnson Rice $36.00 Hold +32.5% Downgrade 20.05.26on TipRanks 05:15 −4.3%next day −2.1% · 5 days −11.5%
Noah Hungness★★★★★★★★★★#7672 · hits 43% · avg +0.4% Bank of America Securities $34.00 → $33.00−2.9% Buy +21.5% Reiterated 27.04.26on TipRanks May 4 07:35 +0.4%next day +3.1% · 5 days −0.7%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $32.00 Hold +17.8% Reiterated 10.04.26on TipRanks 07:16 −0.6%next day +0.2% · 5 days −13.4%
Unknown Analyst Siebert Williams Shank & Co — Hold — Reiterated 13.02.26on TipRanks Feb 18 00:12 +3.4%next day −1.9% · 5 days +5.1%

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 Northern Oil And Gas

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%
1 year John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%
2 years John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%

Most profitable

3 months John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%
1 year John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%
2 years John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%

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 $28.60 at a price of $22.88 (+25.0%); now: $29.17 at $27.16 (+7.4%).

$22.50$25.00$27.50$30.00Sep 15Oct 1Oct 15Top analysts$29.60Average target$29.17Price$27.16

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

051015372Oct 25172Nov1112Dec122Jan 26111Feb2112Mar392Apr4103May1253Jun1352Jul1242Aug341Sep242Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy011100
Buy423232
Hold1055444
Sell332212

Earnings and sales forecast

Next report: 05.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $1.09 (from $0.82 to $1.37). Last quarter: $1.13.

Sales

Next quarter’s sales estimate — $618M (from $573M to $677M). Last quarter: $675M.

Best top-analyst consensus in the sector · Energy

NESRNational Energy Services Reunited
SEISolaris Energy Infrastructure
TRGPTarga Resources
VNOMViper Energy
WMBWilliams Co
About Northern Oil And Gas
  • CEO: Nicholas O'Grady
  • Employees: 64
  • 4350 Baker Road, Minnetonka, MN, 55343, US
  • www.noginc.com

Northern Oil and Gas, Inc. operates as an independent energy enterprise within the United States. The company's core business revolves around the entire lifecycle of crude oil and natural gas properties, from their acquisition and exploration to their development and eventual production. Its primary operations are concentrated in significant U.S. shale plays, namely the Williston, Appalachian, and Permian Basins. As of December 31, 2021, Northern Oil and Gas held active stakes in 7,436 total producing wells and reported proved reserves totaling 287,682 million barrels of oil equivalent (BOE). The company is headquartered in Minnetonka, Minnesota.

Data from the stock’s TipRanks forecast page, read 14 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗