MGE Energy

Forecast & Rating6 analysts currently cover MGE Energy, with about 33.3% giving a positive rating — meaning they expect the stock to rise. The average price target is $79.92, about 1.5% upside from the current price of $78.76. Price targets span a fair range, indicating some disagreement among institutions. Historically, about 85.6% of past price targets were eventually met, which adds credibility. For you, this means most institutions are cautious on MGE Energy's outlook. Data as of Nov 8, 2026; for reference only and not investment advice.