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Ranked #3579 by analyst upside · 2026-09-27
MGEE
MGE Energy, Inc.
Utilities · Market Cap $3B · P/E 17.2x
ANALYST PRICE TARGET
+9.6%
implied upside to consensus target
Current Price $70.06
Consensus Target $76.8
Bull Target $81.0
Bear Target $71.0
Analysts Covering 5
ANALYST CONSENSUS - HOLD
Strong Buy
1
Buy
1
Hold
2
Sell
1
52-Week Low $68.01
52-Week High $87.94
YTD Return -9.0%
FUNDAMENTALS
Market Cap $3B
P/E Ratio (TTM) 17.2x
Forward P/E 16.7x
EPS (TTM) $4.07
PEG Ratio 4.12
Dividend Yield 2.90%
Revenue (TTM) $752M
Profit Margin 19.9%
52-WEEK RANGE
52-Week Low $68.01
52-Week High $87.94
Current Price $70.06
Bear Target $71.0
Bull Target $81.0
● Now $70.06 ● Target $76.8
TRADING DATA
Avg Volume 191K
YTD Return -9.0%
Analyst Count 5
Consensus Hold
Upside to Target +9.6%
Last Updated 2026-09-27

ANALYST SUMMARY

MGE Energy, Inc. (MGEE) is currently trading at $70.06 with a Wall Street consensus price target of $76.8, implying potential upside of 9.6% over the next 12 months. 5 analysts currently cover MGEE, with a consensus rating of Hold - 40% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $81.0, while the most cautious has a target of $71.0.

MGEE operates in the Utilities sector with a market capitalisation of $3B. The stock is down 9.0% year-to-date and is currently trading near the lower end of its 52-week range of $68.01 – $87.94.

SIMILAR STOCKS

Other Utilities stocks with comparable size and valuation.

RECENT ANALYST CALLS

Upgrade/downgrade history for MGEE, with each firm's 90-day track record across all stocks we track. See full firm rankings →

B of A Securities ● Initiated
Neutral 2026-09-24 Building track record
Morgan Stanley - Reiterated
Underweight → Underweight 2026-09-18 Building track record
Morgan Stanley - Reiterated
Underweight → Underweight 2026-08-21 Building track record
Ladenburg Thalmann ↑ Upgrade
Neutral → Buy 2026-06-08 25% win rate (8 calls)
Morgan Stanley - Reiterated
Underweight → Underweight 2026-04-21 Building track record
Morgan Stanley - Reiterated
Underweight → Underweight 2026-02-02 Building track record
Morgan Stanley - Reiterated
Underweight → Underweight 2025-09-25 Building track record
Ladenburg Thalmann ↑ Upgrade
Sell → Neutral 2025-09-11 25% win rate (8 calls)
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
48
out of 100
Coverage depth
14/30
Consensus clarity
27/30
Vote unanimity
5/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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