$25.470
+0.120 (+0.47%)At close
Price Predictions
Open in app to unlock longer-horizon forecasts.
MGY Prediction & Forecast by Similar Chart Analysis
Alphio's MGY stock price prediction model matches the current Magnolia Oil & Gas Corp tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $25.58 (+0.45%). The 1-week path is $25.57 (+0.41%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Magnolia Oil & Gas Corp Stock?
Magnolia Oil & Gas Corp (MGY) is a good buy right now, trading at $25.35 with a forward P/E of 9.18, which is significantly lower than the industry average, suggesting it is undervalued. The company reported a gross margin of 61.96% in Q2 2026, indicating strong profitability. Additionally, the stock has shown a 5-day change of +5.19%, reflecting positive momentum. However, the main risk is its RSI of 66.58, indicating it may be approaching overbought territory.
MGY stock price ended at $25.47 on Monday, after rising +0.47%
Magnolia Oil & Gas Corp (MGY) last closed at $25.47, gaining +0.47%. These facts feed the 1-day and 1-week MGY price prediction above.
Analyst Consensus
Magnolia Oil & Gas Corp (MGY): 3 buy, 0 hold, 0 sell. Outlook: Strong Buy.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Magnolia Oil & Gas Corp (MGY) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches MGY, ranked by similarity.
Seasonality analysis for MGY
Historically the probability of a positive October return for MGY is 73.33%. September offers the highest probability of a positive month at 96.77%, while December is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for MGY
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Oct 2026 | $22.54 | $26.20 | $29.65 | +2.88% |
| Nov 2026 | $19.16 | $23.46 | $26.77 | -7.88% |
| Dec 2026 | $24.13 | $24.74 | $25.63 | -2.86% |
In 2026, Magnolia Oil & Gas Corp (MGY) is projected to range from $19.16 to $29.65.
Magnolia Oil & Gas Corp 2026 monthly forecast
In Oct 2026, Magnolia Oil & Gas Corp is projected to average $26.20, with a low of $22.54 and high of $29.65.
In Nov 2026, Magnolia Oil & Gas Corp is projected to average $23.46, with a low of $19.16 and high of $26.77.
In Dec 2026, Magnolia Oil & Gas Corp is projected to average $24.74, with a low of $24.13 and high of $25.63.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.