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MGEEMGEEUtilities · Utilities - Regulated Electric

MGEE Stock Forecast: MGE Energy, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$82
+0.90% on the day

The 4 Wall Street analysts covering MGE Energy, Inc. hold a median 12-month price target of $78 — -4.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 32 of 100 as at 15 Aug 2026 — in the lower half.

Market cap
$3.1B
Ticker Nerd rank
32 / 100
Median analyst target
$78
Analysts covering
4
Total return, dividends reinvested
1W
+0.2%
1M
+0.7%
YTD
+5.5%
1Y
−1.1%
From 52W high
−4.7%
From 52W low
+13.5%
$72
$86
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MGEE stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores MGE Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
32 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
87
Revisions
61
Momentum
42
Growth
41
Volatility
37
Accruals
35
Size
31
Value
29
Issuance
26

Quality (87): The business earns solid, repeatable profits on what it owns.

Issuance (26): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

MGEE stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MGEE, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$75$80$85Oct 25Jan 26Apr 26Jul 26MGEEHigh $81Median $78Low $76

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says4 analysts
1 Buy1 Hold2 Sell
Low $76Median $78High $81

The green dot is the last close — the median target sits −4.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
8 June 2026Ladenburg ThalmannUpgradeBuy$81
21 Apr 2026Morgan StanleyMaintainsUnderweight—
2 Feb 2026Morgan StanleyMaintainsUnderweight—
25 Sept 2025Morgan StanleyMaintainsUnderweight—
11 Sept 2025Ladenburg ThalmannUpgradeNeutral—
22 May 2025Morgan StanleyMaintainsUnderweight—
23 Apr 2025Morgan StanleyMaintainsUnderweight—
20 Mar 2025Morgan StanleyMaintainsUnderweight—
25 Sept 2024Morgan StanleyMaintainsUnderweight—
23 Aug 2024Morgan StanleyMaintainsUnderweight—
24 June 2024Morgan StanleyMaintainsUnderweight—
28 May 2024Morgan StanleyMaintainsUnderweight—
21 Nov 2023Morgan StanleyMaintainsUnderweight—
25 Oct 2023Morgan StanleyMaintainsUnderweight—
21 Sept 2023Morgan StanleyMaintainsUnderweight—
23 Aug 2023Morgan StanleyMaintainsUnderweight—
21 July 2023Morgan StanleyMaintainsUnderweight—
23 June 2023Morgan StanleyMaintainsUnderweight—
22 May 2023Morgan StanleyMaintainsUnderweight—
20 Apr 2023Morgan StanleyMaintainsUnderweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MGEE appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

MGEE analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−0.5%
Analysts raising
1
Analysts cutting
1
Fundamentals

MGE Energy, Inc. (MGEE) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
20.1×

Cheaper than 39% of US stocks

Price / sales
4.1×

Cheaper than 31% of US stocks

Price / book
2.2×

Cheaper than 44% of US stocks

EV / EBITDA
13.9×

Cheaper than 27% of US stocks

Growth & margins
Revenue growth (YoY)
1.1%

Higher than 30% of US stocks

Earnings growth (YoY)
25.9%

Higher than 64% of US stocks

Gross margin
42.2%

Higher than 53% of US stocks

Operating margin
22.7%

Higher than 82% of US stocks

Net margin
19.9%

Higher than 82% of US stocks

Returns & dividend
Return on equity
11.0%

Higher than 66% of US stocks

Return on assets
3.7%

Higher than 69% of US stocks

Dividend yield
2.3%

Higher than 53% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

MGEE vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Electric
CompanyMarket capTKN rank
MGEEMGE Energy, Inc.$3.1B
32
HEHawaiian Electric Industries, Inc.$2.0B
27
NWENorthWestern Energy Group, Inc.$4.4B
54
PORPortland General Electric Co.$5.9B
62
TXNMTXNM Energy, Inc.$5.9B
40
IDAIDACORP, Inc.$7.9B
25
OGEOGE Energy Corp.$9.8B
63

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own MGE Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MGEE news & analysis

Why MGE (MGEE) is a Top Dividend Stock for Your Portfolio

Zacks Investment Research · 14 Aug 2026positive

Zacks Investment Research published an article highlighting MGE (MGEE) as a top dividend stock for investor portfolios, framing it as a company worth considering for dividend-focused shareholders. The piece poses the question of whether MGEE has what it takes to be a great dividend stock.

Why it matters — A positive feature framing MGE as a top dividend pick draws attention to the company's dividend appeal for income-focused watchers.

MGE (MGEE) Q2 Earnings Top Estimates

Zacks Investment Research · 5 Aug 2026positive

MGE Energy (MGEE) reported Q2 earnings of $0.89 per share, surpassing the Zacks Consensus Estimate of $0.77 per share and up from $0.72 per share in the same quarter last year.

Why it matters — The earnings beat signals stronger-than-expected quarterly performance, which MGEE investors may view as a positive indicator for the company's financial health.

MGE Energy Reports Second-Quarter 2026 Earnings

Business Wire · 5 Aug 2026neutral

MGE Energy, Inc. announced its financial results for the second quarter of 2026. The report covers the company's earnings performance for the period.

Why it matters — The earnings release provides investors and analysts with quarterly financial data to assess the company's operational and financial health.

MGE (MGEE) Could Be a Great Choice

Zacks Investment Research · 29 July 2026positive

Zacks Investment Research published an article discussing whether MGE (MGEE) could be a great choice for dividend-focused investors.

Why it matters — The article highlights MGE's potential appeal as a dividend stock, which is a key consideration for income-focused shareholders tracking the company.

MGE (MGEE) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Zacks Investment Research · 29 July 2026negative

Zacks reported that MGE (MGEE) lacks the key ingredients needed for a likely earnings beat in its upcoming second-quarter report. The article prepared investors with key expectations ahead of the release.

Why it matters — MGEE watchers would care because the analysis suggests the company may underperform earnings expectations in its upcoming quarterly report.

FAQ

Frequently asked questions about MGEE stock

What is the MGEE stock price forecast for 2026-2027?

The 4 Wall Street analysts covering MGE Energy, Inc. have a median 12-month price target of $78, with estimates ranging from $76 to $81. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MGEE stock a buy right now?

Of the 4 analysts covering MGE Energy, Inc., 1 rate it a Buy, 1 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks MGE Energy, Inc. 32 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MGEE?

As at 15 Aug 2026, MGE Energy, Inc. ranks 32 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (87 of 100).

Will MGEE stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies -4.6% from the last close, and Ticker Nerd's factor model ranks MGE Energy, Inc. 32 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MGEE stock forecast for 2030?

No analyst covering MGE Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MGEE are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $76 to $81 over the next 12 months.

How has MGEE stock performed over the past year?

MGE Energy, Inc. returned -1.1% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does MGE Energy, Inc. do?

Mge Energy Inc. is a publicly traded energy company primarily involved in the generation, purchase, transmission, and distribution of electricity.

What is the latest news on MGEE?

The most recent item we track (Zacks Investment Research, 14 Aug 2026): "Why MGE (MGEE) is a Top Dividend Stock for Your Portfolio". Zacks Investment Research published an article highlighting MGE (MGEE) as a top dividend stock for investor portfolios, framing it as a company worth considering for dividend-focused shareholders. The piece poses the question of whether MGEE has what it takes to be a great dividend stock.

Company

About MGE Energy, Inc.

Mge Energy Inc. is a publicly traded energy company primarily involved in the generation, purchase, transmission, and distribution of electricity. It serves Madison, Wisconsin, and the surrounding areas, providing energy solutions to a mix of residential, commercial, and industrial customers. A key facet of Mge Energy Inc.'s operations is its commitment to sustainability and clean energy transition, as it invests in renewable energy sources like wind and solar power. The company also focuses on modernizing the grid and enhancing energy efficiency, aligning with broader industry trends toward reducing carbon footprints and promoting environmental stewardship. As an integral part of the regional utility sector, Mge Energy Inc. plays a crucial role in ensuring reliable and affordable energy supply, while also contributing to the economic development of the communities it serves. Its efforts in innovation and sustainability mark its significance in the ongoing transformation of the energy market.

CEO Mr. Jeffrey M. Keebler · 726 employees · United States · https://www.mgeenergy.com