NORTHERN OIL AND GAS INC (NOG) Forecast, Price Target & Analyst Ratings

NYSE:NOG • US6655313079

Current stock price

29.91 USD
-0.91 (-2.95%)
At close:
30.15 USD
+0.24 (+0.8%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NORTHERN OIL AND GAS INC (NOG).

Forecast Snapshot

Consensus Price Target

Price Target
$33.35
+ 11.51% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$0.74
Revenue Estimate
512.6M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$33.35
Upside
+ 11.51%
From current price of $29.91 to mean target of $33.35, Based on 15 analyst forecasts
Low
$24.24
Median
$32.64
High
$42.00

Price Target Revisions

1 Month
9.36%
3 Months
5.83%

Price Target Summary

15 Wall Street analysts provided a forecast for the next 12 months for NOG. The average price target is 33.35 USD. This implies a price increase of 11.51% is expected in the next year compared to the current price of 29.91.
The average price target has been revised upward by 5.83% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NOG Current Analyst RatingNOG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

NOG Historical Analyst RatingsNOG 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 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
78.67%
NOG was analyzed by 15 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about NOG.
In the previous month the buy percentage consensus was at a similar level.
NOG was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-24B of A SecuritiesMaintains Buy -> Buy
2026-03-12Piper SandlerMaintains Neutral -> Neutral
2026-03-11CitigroupMaintains Buy -> Buy
2026-03-05Piper SandlerMaintains Neutral -> Neutral
2026-01-23Morgan StanleyMaintains Underweight -> Underweight
2026-01-20RBC CapitalMaintains Sector Perform -> Sector Perform
2025-12-12MizuhoMaintains Neutral -> Neutral
2025-10-20CitigroupMaintains Buy -> Buy
2025-10-14Morgan StanleyMaintains Underweight -> Underweight
2025-09-15MizuhoMaintains Neutral -> Neutral
2025-08-25William BlairInitiate Outperform
2025-08-18Morgan StanleyDowngrade Equal-Weight -> Underweight
2025-08-04Piper SandlerMaintains Neutral -> Neutral
2025-07-17Piper SandlerMaintains Neutral -> Neutral
2025-07-16MizuhoMaintains Neutral -> Neutral
2025-07-14RBC CapitalMaintains Sector Perform -> Sector Perform
2025-07-09CitigroupMaintains Buy -> Buy
2025-05-23B of A SecuritiesMaintains Buy -> Buy
2025-05-13MizuhoMaintains Neutral -> Neutral
2025-05-13Raymond JamesMaintains Strong Buy -> Strong Buy
2025-05-13Piper SandlerMaintains Neutral -> Neutral
2025-04-17RBC CapitalReiterate Sector Perform -> Sector Perform
2025-04-14RBC CapitalMaintains Sector Perform -> Sector Perform
2025-04-01B of A SecuritiesMaintains Buy -> Buy
2025-03-27Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$0.74
Revenue Estimate
512.6M
Revenue Q2Q
-14.86%
EPS Q2Q
-44.07%
Number of Analysts
12

Next Earnings Revisions

Revenue (1 Month)
-1.09%
Revenue (3 Months)
-1.76%
EPS (1 Month)
-5.13%
EPS (3 Months)
-9.37%

Next Earnings Summary

NOG is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 0.74 USD and the consensus revenue estimate is 512.60M USD.
The next earnings revenue estimate has been revised downward by 1.76% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

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

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
NOG revenue by date.NOG revenue by date.
2.166B
37.93%		2.226B
2.75%		2.476B
11.23%		2.12B
-14.37%		2.179B
2.78%		2.321B
6.52%		2.55B
9.87%		2.629B
3.10%
EBITDA
YoY % growth
NOG ebitda by date.NOG ebitda by date.
1.618B
44.97%		1.579B
-2.41%		1.797B
13.75%		1.39B
-22.63%		1.448B
4.17%		1.683B
16.23%		1.743B
3.57%		1.796B
3.04%
EBIT
YoY % growth
NOG ebit by date.NOG ebit by date.
1.132B
30.90%		838.431M
-25.95%		981.684M
17.09%		590.2M
-39.88%		546.9M
-7.34%		479.79M
-12.27%		N/AN/A
Operating Margin
NOG operating margin by date.NOG operating margin by date.
52.27%37.67%39.65%27.84%25.10%20.67%N/AN/A
EPS
YoY % growth
NOG eps by date.NOG eps by date.
6.59
0.92%		5.25
-20.33%		4.56
-13.14%		2.77
-39.18%		3.02
9.02%		3.78
25.10%		4.45
17.76%		4.61
3.40%

All data in USD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.74
-44.07%		0.65
-52.64%		0.68
-33.88%		0.74
-11.26%		0.72
-2.78%		0.57
-11.77%		0.64
-6.53%		0.77
4.18%
Revenue
Q2Q % growth		512.6M
-14.86%		533.54M
-24.51%		548.94M
12.98%		563.56M
-7.64%		632.45M
23.38%		597.42M
11.97%		599.82M
9.27%		608.24M
7.93%
EBITDA
Q2Q % growth		339.5M
-21.95%		346.33M
-52.96%		357.31M
-55.54%		368.49M
-64.89%		381.28M
12.31%		371.41M
7.24%		383.82M
7.42%		399.01M
8.28%
EBIT
Q2Q % growth		143.92M
-37.23%		155.12M
-52.25%		159.09M
-17.53%		164.02M
-30.10%		230.75M
60.33%		194.28M
25.24%		192.17M
20.79%		197.01M
20.11%

All data in USD

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

NOG Yearly Revenue VS EstimatesNOG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
NOG Yearly EPS VS EstimatesNOG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-6.04%
EPS Next 5 Year
0.20%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-0.62%
Revenue Next 5 Year
2.14%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
47.85%
EBIT Next 5 Year
28.10%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NORTHERN OIL AND GAS INC / NOG Forecast FAQ

Can you provide the average price target for NORTHERN OIL AND GAS INC stock?

15 analysts have analysed NOG and the average price target is 33.35 USD. This implies a price increase of 11.51% is expected in the next year compared to the current price of 29.91.

What is the next earnings date for NOG stock?

NORTHERN OIL AND GAS INC (NOG) will report earnings on 2026-04-27, after the market close.

What are the consensus estimates for NORTHERN OIL AND GAS INC (NOG) next earnings?

The consensus EPS estimate for the next earnings of NORTHERN OIL AND GAS INC (NOG) is 0.74 USD and the consensus revenue estimate is 512.60M USD.

Can you provide the expected long term growth rate for NORTHERN OIL AND GAS INC stock?

The expected long term growth rate for NORTHERN OIL AND GAS INC (NOG) is -0.62%.