Are analysts right about MGE Energy, Inc. (MGEE)?

Utilities · price $78.36 · median target $77.50 (-1%)

In short — Over the past 12 months, 6% of analyst price targets on MGE Energy, Inc. turned out profitable, for an average return of -2% (across 33 timestamped calls). The current consensus is "Hold" with a median price target of $77.50 (-1% vs the current $78.36, from 2 analysts).

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🔗 Related pages on MGE Energy, Inc. — Financials & fundamentals · If I had invested

Current price

$78.36

Median target (12 mo)

$77.50 -1%

Analyst accuracy (1 yr)

Avg return / call (1 yr)

-2%

💰 Performance & « if I invested » 📊 Interactive analysis

Historical analyst accuracy

For MGE Energy, Inc., we replayed every analyst price target of the past 12 months and measured the real outcome: 6% were profitable, average return -2% (33 calls). At 3 months: -1% average return (19% profitable). The higher the %, the more often analysts were right on this stock.

Most reliable analysts on this stock (past track record)

Their past track record on this stock (targets replayed against real prices) — not a forecast of what will happen.

Analyst / broker	Calls i	% profitable i	Avg return i
Morgan Stanley	32	6%	-2%

Frequently asked questions

Is MGE Energy, Inc. a buy right now?

The analyst consensus on MGE Energy, Inc. (MGEE) is "Hold" (1 bullish, 4 bearish calls over 12 months). This is not advice: historically, 6% of their targets on this stock turned out profitable over 1 year.

What is MGE Energy, Inc.'s price target?

The median 12-month price target is $77.50 (-1% vs $78.36), ranging from $74.00 to $81.00 (2 analysts).

Are analysts accurate on MGE Energy, Inc.?

Over 1 year, 6% of analyst targets on MGE Energy, Inc. were profitable, for an average return of -2% (across 33 timestamped calls). This is JPI Invest's accuracy metric.

What is the MGE Energy, Inc. stock forecast?

Analysts target a median of $77.50 within 12 months, i.e. -1% vs the current price. The most bullish targets $81.00, the most cautious $74.00.

What is the MGE Energy, Inc. stock forecast for 2026 or long term (2030)?

Note: analyst targets are 12-month (median $77.50, -1%), NOT 2030. No reliable 5-10 year price forecast exists (« 2030 prediction » models are speculative). The most useful inputs: the 12-month median above, these analysts' historical accuracy (6%), and the stock's past trajectory.

Is MGE Energy, Inc. overvalued?

Detailed valuation data for MGE Energy, Inc. is available in the interactive analysis.

📊 See the full interactive analysis of MGE Energy, Inc. →

What is JPI Invest?

JPI Invest aggregates analyst recommendations across the entire S&P 500 (plus the S&P MidCap 400), replays them against real prices and measures who predicts best — on results, not reputation. Instead of taking a price target at face value, you see each analyst's track record on each stock.

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⚠️ Educational information, not investment advice. Analyst price targets are 12-month and can be wrong. Data via Yahoo Finance, recomputed by JPI Invest.