NATIONAL FUEL GAS CO (NFG) Forecast, Price Target & Analyst Ratings

NYSE:NFG • US6361801011

92.93 USD
+0.14 (+0.15%)
At close: Mar 6, 2026
92.5 USD
-0.43 (-0.46%)
After Hours: 3/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NATIONAL FUEL GAS CO (NFG).

Forecast Snapshot

Consensus Price Target

Price Target
$102.00
+ 9.76% Upside

Next Earnings Forecast

Earnings Estimate
Release DateApr 28, 2026
PeriodQ2 / 2026
EPS Estimate$2.51
Revenue Estimate783.59M

ChartMill Buy Consensus

Rating
77.78%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$102.00
Upside
+ 9.76%
From current price of $92.93 to mean target of $102.00, Based on 9 analyst forecasts
Low
$99.99
Median
$102.00
High
$106.05

Price Target Revisions

1 Month
0.00%
3 Months
-0.99%

Price Target Summary

9 analysts have analysed NFG and the average price target is 102 USD. This implies a price increase of 9.76% is expected in the next year compared to the current price of 92.93.
The average price target has been revised downward by 0.99% in the past 3 months.
 → Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NFG Current Analyst RatingNFG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

NFG Historical Analyst RatingsNFG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
77.78%
NFG was analyzed by 9 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about NFG.
In the previous month the buy percentage consensus was at a similar level.
NFG was analyzed by 9 analysts. More opinions would make the average more meaningful.
 → Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-10-09ScotiaBankDowngrade Sector Outperform -> Sector Perform
2025-08-13ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-07-15B of A SecuritiesUpgrade Underperform -> Buy
2025-07-11ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-05-23B of A SecuritiesMaintains Underperform -> Underperform
2025-03-13JP MorganMaintains Neutral -> Neutral
2024-11-12JP MorganMaintains Neutral -> Neutral
2024-09-12JP MorganMaintains Neutral -> Neutral
2024-08-20ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-07-12ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-05-09ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-04-11ScotiaBankMaintains Sector Outperform -> Sector Outperform
2023-09-14ScotiaBankUpgrade Sector Perform -> Sector Outperform
2023-05-24Argus ResearchMaintains Buy
2023-05-24Goldman SachsMaintains Neutral -> Neutral
2023-02-06Raymond JamesDowngrade Outperform -> Market Perform
2023-01-26Raymond JamesMaintains Outperform
2023-01-17ScotiaBankDowngrade Sector Outperform -> Sector Perform
2022-10-24Raymond JamesMaintains Outperform
2022-07-05Goldman SachsMaintains Neutral
2022-06-10Raymond JamesMaintains Outperform
2022-04-25Raymond JamesMaintains Outperform
2021-10-26Raymond JamesMaintains Outperform
2021-07-27Raymond JamesMaintains Outperform
2021-04-27JP MorganInitiate Neutral

Next Earnings Forecast Details

Next Earnings Details

Release DateApr 28, 2026
PeriodQ2 / 2026
EPS Estimate$2.51
Revenue Estimate783.59M
Revenue Q2Q7.35%
EPS Q2Q5.12%
Number of Analysts6

Next Earnings Revisions

Revenue (1 Month)
-2.16%
Revenue (3 Months)
-4.82%
EPS (1 Month)
5.94%
EPS (3 Months)
-9.74%

Next Earnings Summary

NFG is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 2.51 USD and the consensus revenue estimate is 783.59M USD.
The next earnings revenue estimate has been revised downward by 4.82% in the past 3 months.
 → Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
NFG revenue by date.NFG revenue by date.
2.174B
-0.56%		1.945B
-10.53%		2.278B
17.11%		2.576B
13.10%		3.389B
31.56%		3.256B
-3.92%
EBITDA
YoY % growth
NFG ebitda by date.NFG ebitda by date.
1.165B
-0.59%		1.186B
1.82%		1.412B
19.06%		1.603B
13.54%		1.905B
18.84%		1.769B
-7.14%
EBIT
YoY % growth
NFG ebit by date.NFG ebit by date.
755.1M
-5.82%		728.853M
-3.48%		955.261M
31.06%		1.118B
17.04%		1.286B
15.03%		1.389B
8.01%
Operating Margin
NFG operating margin by date.NFG operating margin by date.
34.74%37.48%41.94%43.40%37.95%42.66%
EPS
YoY % growth
NFG eps by date.NFG eps by date.
5.17
-12.22%		5.01
-3.09%		6.91
37.92%		7.82
13.13%		8.52
9.04%		7.25
-14.93%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		2.51
5.12%		1.73
5.62%		1.62
32.87%		2.80
35.97%		3.15
25.29%		1.66
-4.18%		1.22
-24.82%		2.34
-16.35%		3.05
-3.10%		1.67
0.41%		1.13
-7.18%
Revenue
Q2Q % growth		783.59M
7.35%		612.71M
15.21%		557.72M
22.20%		927.18M
42.31%		1.135B
44.85%		776.17M
26.68%		605.35M
8.54%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		474.36M
-11.81%		389.63M
-31.32%		356.78M
-43.93%		512.08M
28.62%		561.49M
18.37%		378.26M
-2.92%		305.34M
-14.42%		432.95M
-15.45%		511.26M
-8.95%		352.15M
-6.90%		287.62M
-5.80%
EBIT
Q2Q % growth		332.21M
4.71%		263.95M
14.64%		235.41M
30.95%		341.51M
23.68%		283.14M
-14.77%		267.45M
1.33%		205.79M
-12.58%		N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NFG Yearly Revenue VS EstimatesNFG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
NFG Yearly EPS VS EstimatesNFG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
1.62%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
11.45%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
25.10%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NATIONAL FUEL GAS CO / NFG Forecast FAQ

What is the price target for NFG stock?

9 analysts have analysed NFG and the average price target is 102 USD. This implies a price increase of 9.76% is expected in the next year compared to the current price of 92.93.


What is the next earnings date for NFG stock?

NATIONAL FUEL GAS CO (NFG) will report earnings on 2026-04-28.


What are the consensus estimates for NFG stock next earnings?

The consensus EPS estimate for the next earnings of NATIONAL FUEL GAS CO (NFG) is 2.51 USD and the consensus revenue estimate is 783.59M USD.


How many analysts cover NATIONAL FUEL GAS CO (NFG) stock?

The number of analysts covering NATIONAL FUEL GAS CO (NFG) is 9.