​

Matador Resources (MTDR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MTDR Stock Forecast

Matador Resources stock forecast is as follows: an average price target of $73.57 (represents a 22.09% upside from MTDR’s last price of $60.26) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

MTDR Price Target

The average price target for Matador Resources (MTDR) is $73.57 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $60.00. This represents a potential 22.09% upside from MTDR's last price of $60.26.

MTDR Analyst Ratings

Buy

According to 10 Wall Street analysts, Matador Resources's rating consensus is 'Buy'. The analyst rating breakdown for MTDR stock is 0 'Strong Buy' (0.00%), 10 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Matador Resources Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 22, 2025Devin McDermottMorgan Stanley$84.00$62.3134.81%39.40%
Jan 02, 2025Doug LeggateWolfe Research$72.00$58.0823.97%19.48%
Oct 23, 2024Stewart GlickmanCFRA$60.00$50.7618.20%-0.43%
Oct 23, 2024Nitin KumarMizuho Securities$74.00$50.3347.03%22.80%
Oct 21, 2024Mike SciallaStephens$78.00$51.5451.34%29.44%
Oct 21, 2024Neal DingmannTruist Financial$75.00$51.5445.52%24.46%
Oct 16, 2024Tim RazvanKeyBanc$72.00$51.8138.97%19.48%
Jul 29, 2024Hanwen ChangWells Fargo$89.00$61.4444.86%47.69%
Jul 22, 2024Neal DingmannTruist Financial$86.00$62.6937.18%42.71%
Jun 14, 2024Nitin KumarMizuho Securities$85.00$57.0948.89%41.06%
Jun 13, 2024Neal DingmannTruist Financial$91.00$59.2153.69%51.01%
May 28, 2024Phillip JungwirthBMO Capital$79.00$60.5930.38%31.10%
Apr 22, 2024Tim RazvanKeyBanc$76.00$64.6817.50%26.12%
Apr 01, 2024Roth MKM RatingsRoth Capital$71.00$66.776.34%17.82%
Mar 18, 2024Nitin KumarMizuho Securities$76.00$66.5014.29%26.12%
Sep 26, 2022Raymond James$60.00$47.9325.18%-0.43%
Jul 26, 2022Raymond James$70.00$51.3536.32%16.16%
May 03, 2022Wells Fargo$70.00$49.3041.99%16.16%
Apr 25, 2022Raymond James$74.00$52.2941.52%22.80%
Oct 01, 2021Phillip JungwirthBMO Capital$43.00$39.439.05%-28.64%

The latest Matador Resources stock forecast, released on Jan 22, 2025 by Devin McDermott from Morgan Stanley, set a price target of $84.00, which represents a 34.81% increase from the stock price at the time of the forecast ($62.31), and a 39.40% increase from MTDR last price ($60.26).

Matador Resources Price Target by Period

1M3M12M
# Anlaysts2215
Avg Price Target$78.00$78.00$77.87
Last Closing Price$60.26$60.26$60.26
Upside/Downside29.44%29.44%29.22%

In the current month, the average price target of Matador Resources stock is $78.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 29.44% increase as opposed to Matador Resources's last price of $60.26. This month's average price target is down 0.00% compared to last quarter, and up 0.17% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 22, 2025Morgan StanleyPositivePositiveHold
Jan 02, 2025Wolfe ResearchPeer PerformOutperformUpgrade
Dec 19, 2024Cowen & Co.BuyBuyHold
Oct 23, 2024CFRABuyBuyHold
Oct 21, 2024StephensUnderperformUnderperformHold
Oct 21, 2024Wells FargoBuyBuyHold
Oct 21, 2024StephensOverweightOverweightHold
Oct 16, 2024KeyBancOverweightOverweightHold
Oct 04, 2024BMO CapitalOutperformOutperformHold
Sep 30, 2024Truist FinancialUnderperformUnderperformHold
Sep 27, 2024StephensOverweightOverweightHold
Sep 12, 2024Wells FargoBuyBuyHold
Sep 12, 2024StephensUnderperformUnderperformHold
Jul 24, 2024Cowen & Co.BuyBuyHold
Jul 17, 2024Wolfe ResearchPeer PerformInitialise
Jul 17, 2024Wells FargoOverweightOverweightHold
Jun 26, 2024Cowen & Co.BuyBuyHold
Jun 20, 2024StephensOverweightInitialise
Jun 13, 2024KeyBancOverweightOverweightHold
Jun 13, 2024Wells FargoBuyBuyHold
Jun 13, 2024Truist FinancialUnderperformUnderperformHold
May 28, 2024BMO CapitalOutperformOutperformHold
May 13, 2024Truist FinancialUnderperformUnderperformHold
May 13, 2024Wells FargoBuyBuyHold
Apr 22, 2024KeyBancOverweightOverweightHold
Apr 18, 2024Wells FargoOverweightOverweightHold
Mar 25, 2024Roth CapitalUnderperformUnderperformHold
Mar 25, 2024Wells FargoBuyBuyHold
Aug 16, 2023Mizuho SecuritiesBuyUpgrade
Sep 26, 2022Raymond JamesOutperformOutperformHold
Sep 19, 2022KeyBancOverweightInitialise
Jul 26, 2022Raymond JamesOutperformOutperformHold
Feb 23, 2022RBC CapitalOutperformOutperformHold

Matador Resources's last stock rating was published by Morgan Stanley on Jan 22, 2025. The company gave MTDR a "Positive" rating, the same as its previous rate.

Matador Resources Financial Forecast

Matador Resources Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$832.27M$772.29M$638.08M$560.28M$707.48M$840.93M$943.93M$565.69M$566.36M$472.35M$357.43M$266.85M$224.24M$203.39M
Avg Forecast$2.52B$2.32B$2.13B$1.96B$1.08B$1.05B$1.04B$1.07B$1.07B$1.04B$1.01B$1.01B$997.72M$836.69M$822.13M$737.14M$842.96M$707.80M$636.91M$544.72M$646.65M$736.86M$815.41M$599.89M$428.02M$376.94M$357.79M$263.91M$239.67M$192.67M
High Forecast$2.72B$2.50B$2.31B$2.12B$1.16B$1.14B$1.13B$1.16B$1.15B$1.13B$1.09B$1.08B$1.11B$858.64M$822.34M$739.07M$931.28M$731.12M$688.34M$588.71M$695.75M$736.86M$815.41M$599.89M$428.02M$376.94M$357.79M$263.91M$239.67M$192.67M
Low Forecast$2.35B$2.17B$1.99B$1.84B$1.01B$985.05M$975.69M$1.00B$997.21M$973.74M$941.74M$944.33M$945.27M$814.74M$821.91M$735.22M$811.95M$669.04M$595.56M$509.36M$606.43M$736.86M$815.41M$599.89M$428.02M$376.94M$357.79M$263.91M$239.67M$192.67M
# Analysts3333333344466344596437434744415
Surprise %----------------0.99%1.09%1.00%1.03%1.09%1.14%1.16%0.94%1.32%1.25%1.00%1.01%0.94%1.06%

Matador Resources's average Quarter revenue forecast for Mar 24 based on 4 analysts is $737.14M, with a low forecast of $735.22M, and a high forecast of $739.07M. MTDR's average Quarter revenue forecast represents a -11.43% decrease compared to the company's last Quarter revenue of $832.27M (Dec 23).

Matador Resources EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts3333333344466344596437434744415
EBITDA----------------$583.04M$521.19M$446.35M$378.10M$500.86M$603.95M$710.67M$405.02M$396.66M$303.98M$220.64M$158.00M$18.42M$-143.31M
Avg Forecast$1.15B$1.06B$976.88M$899.45M$493.15M$482.37M$477.79M$490.61M$488.33M$476.83M$461.16M$464.27M$456.86M$383.12M$376.45M$385.83M$385.99M$324.10M$291.64M$350.75M$368.27M$486.68M$538.56M$318.87M$282.69M$248.96M$236.31M$109.75M$158.30M$127.25M
High Forecast$1.25B$1.15B$1.06B$972.09M$532.98M$521.33M$516.37M$530.23M$527.76M$515.34M$498.40M$496.13M$507.36M$393.17M$376.55M$462.99M$426.44M$334.78M$315.19M$420.90M$441.93M$486.68M$538.56M$382.64M$282.69M$248.96M$236.31M$131.70M$158.30M$127.25M
Low Forecast$1.08B$992.10M$913.46M$841.06M$461.14M$451.06M$446.77M$458.76M$456.63M$445.88M$431.22M$432.41M$432.84M$373.07M$376.36M$308.66M$371.79M$306.35M$272.71M$280.60M$294.62M$486.68M$538.56M$255.09M$282.69M$248.96M$236.31M$87.80M$158.30M$127.25M
Surprise %----------------1.51%1.61%1.53%1.08%1.36%1.24%1.32%1.27%1.40%1.22%0.93%1.44%0.12%-1.13%

4 analysts predict MTDR's average Quarter EBITDA for Mar 24 to be $385.83M, with a high of $462.99M and a low of $308.66M. This is -33.82% lower than Matador Resources's previous annual EBITDA (Dec 23) of $583.04M.

Matador Resources Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts3333333344466344596437434744415
Net Income----------------$254.54M$263.74M$164.67M$163.13M$253.79M$337.57M$415.72M$207.12M$231.25M$203.63M$105.91M$60.65M$-89.45M$-276.06M
Avg Forecast$263.71M$247.47M$219.97M$234.97M$307.30M$292.57M$271.93M$289.93M$283.43M$271.08M$252.63M$258.82M$220.35M$207.18M$218.64M$206.09M$224.31M$208.62M$165.35M$187.36M$199.42M$313.09M$392.51M$170.33M$135.07M$123.68M$97.35M$42.13M$15.03M$-8.70M
High Forecast$291.40M$273.45M$243.06M$259.64M$339.56M$323.29M$300.48M$320.37M$313.19M$299.54M$279.15M$310.34M$258.34M$214.45M$219.18M$247.31M$275.79M$236.18M$182.71M$224.83M$239.30M$313.09M$392.51M$204.39M$135.07M$123.68M$97.35M$50.55M$15.03M$-8.70M
Low Forecast$241.46M$226.58M$201.41M$215.14M$281.37M$267.88M$248.98M$265.46M$259.51M$248.20M$231.31M$207.31M$201.35M$199.92M$218.10M$164.87M$192.44M$175.82M$151.39M$149.89M$159.54M$313.09M$392.51M$136.26M$135.07M$123.68M$97.35M$33.70M$15.03M$-8.70M
Surprise %----------------1.13%1.26%1.00%0.87%1.27%1.08%1.06%1.22%1.71%1.65%1.09%1.44%-5.95%31.74%

Matador Resources's average Quarter net income forecast for Mar 24 is $206.09M, with a range of $164.87M to $247.31M. MTDR's average Quarter net income forecast represents a -19.03% decrease compared to the company's last Quarter net income of $254.54M (Dec 23).

Matador Resources SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts3333333344466344596437434744415
SG&A----------------$29.49M$31.73M$26.71M$22.43M$34.52M$27.55M$24.43M$29.73M$25.18M$24.63M$24.40M$22.19M$16.53M$15.10M
Avg Forecast$145.51M$133.98M$123.36M$113.58M$62.27M$60.91M$60.33M$61.95M$61.66M$60.21M$58.23M$58.63M$57.69M$48.38M$47.54M$29.59M$48.74M$40.93M$36.83M$26.90M$23.38M$42.61M$47.15M$24.45M$24.75M$21.80M$20.69M$15.41M$13.86M$11.14M
High Forecast$157.26M$144.80M$133.32M$122.75M$67.30M$65.83M$65.21M$66.96M$66.64M$65.08M$62.94M$62.65M$64.07M$49.65M$47.55M$35.50M$53.85M$42.28M$39.80M$32.27M$28.05M$42.61M$47.15M$29.34M$24.75M$21.80M$20.69M$18.50M$13.86M$11.14M
Low Forecast$136.06M$125.28M$115.35M$106.21M$58.23M$56.96M$56.42M$57.93M$57.66M$56.30M$54.45M$54.60M$54.66M$47.11M$47.53M$23.67M$46.95M$38.69M$34.44M$21.52M$18.70M$42.61M$47.15M$19.56M$24.75M$21.80M$20.69M$12.33M$13.86M$11.14M
Surprise %----------------0.61%0.78%0.73%0.83%1.48%0.65%0.52%1.22%1.02%1.13%1.18%1.44%1.19%1.36%

Matador Resources's average Quarter SG&A projection for Mar 24 is $29.59M, based on 4 Wall Street analysts, with a range of $23.67M to $35.50M. The forecast indicates a 0.31% rise compared to MTDR last annual SG&A of $29.49M (Dec 23).

Matador Resources EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts3333333344466344596437434744415
EPS----------------$2.12$2.21$1.38$1.37$2.15$2.86$3.52$1.76$1.97$1.74$0.91$0.52$-0.77$-2.38
Avg Forecast$2.11$1.98$1.76$1.88$2.46$2.34$2.18$2.32$2.27$2.17$2.02$2.07$1.76$1.66$1.75$1.54$1.79$1.67$1.32$1.29$1.97$2.51$3.14$2.07$1.08$0.99$0.78$0.41$0.12$-0.07
High Forecast$2.33$2.19$1.94$2.08$2.72$2.59$2.40$2.56$2.51$2.40$2.23$2.48$2.07$1.72$1.75$1.56$2.21$1.89$1.46$1.36$1.97$2.51$3.14$2.07$1.08$0.99$0.78$0.41$0.12$-0.07
Low Forecast$1.93$1.81$1.61$1.72$2.25$2.14$1.99$2.12$2.08$1.99$1.85$1.66$1.61$1.60$1.75$1.51$1.54$1.41$1.21$1.22$1.96$2.51$3.14$2.07$1.08$0.99$0.78$0.41$0.12$-0.07
Surprise %----------------1.18%1.32%1.04%1.06%1.09%1.14%1.12%0.85%1.82%1.76%1.17%1.27%-6.40%34.17%

According to 4 Wall Street analysts, Matador Resources's projected average Quarter EPS for Mar 24 is $1.54, with a low estimate of $1.51 and a high estimate of $1.56. This represents a -27.59% decrease compared to MTDR previous annual EPS of $2.12 (Dec 23).

Matador Resources Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CHRDChord Energy$116.77$185.4458.81%Buy
MURMurphy Oil$29.18$44.0050.79%Buy
CIVICivitas Resources$51.93$76.1746.68%Buy
VTLEVital Energy$33.64$48.0042.69%Hold
SMSM Energy$40.05$54.0034.83%Buy
PRPermian Resources$15.11$19.6029.72%Buy
MTDRMatador Resources$60.26$73.5722.09%Buy
MGYMagnolia Oil & Gas$24.80$29.0016.94%Buy
ARAntero Resources$37.35$35.88-3.94%Buy
EQTEQT$50.62$41.00-19.00%Buy

MTDR Forecast FAQ

Is Matador Resources a good buy?

Yes, according to 10 Wall Street analysts, Matador Resources (MTDR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 100.00% of MTDR's total ratings.

What is MTDR's price target?

Matador Resources (MTDR) average price target is $73.57 with a range of $60 to $84, implying a 22.09% from its last price of $60.26. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Matador Resources stock go up soon?

According to Wall Street analysts' prediction for MTDR stock, the company can go up by 22.09% (from the last price of $60.26 to the average price target of $73.57), up by 39.40% based on the highest stock price target, and down by -0.43% based on the lowest stock price target.

Can Matador Resources stock reach $90?

MTDR's average twelve months analyst stock price target of $73.57 does not support the claim that Matador Resources can reach $90 in the near future.

What is Matador Resources's current price target trend?

2 Wall Street analysts forecast a $78 price target for Matador Resources (MTDR) this month, up 29.44% from its last price of $60.26. Compared to the last 3 and 12 months, the average price target increased by 29.44% and increased by 29.22%, respectively.

What are Matador Resources's analysts' financial forecasts?

Matador Resources's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.25B (high $4.59B, low $3.97B), average EBITDA is $1.94B (high $2.1B, low $1.82B), average net income is $1.16B (high $1.28B, low $1.06B), average SG&A $245.47M (high $265.3M, low $229.54M), and average EPS is $9.3 (high $10.27, low $8.51). MTDR's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.93B (high $9.65B, low $8.35B), average EBITDA is $4.09B (high $4.42B, low $3.82B), average net income is $966.12M (high $1.07B, low $884.58M), average SG&A $516.43M (high $558.13M, low $482.9M), and average EPS is $7.73 (high $8.54, low $7.08).

Did the MTDR's actual financial results beat the analysts' financial forecasts?

Based on Matador Resources's last annual report (Dec 2023), the company's revenue was $2.82B, beating the average analysts forecast of $2.73B by 3.12%. Apple's EBITDA was $1.94B, beating the average prediction of $1.35B by 43.50%. The company's net income was $846.07M, beating the average estimation of $785.63M by 7.69%. Apple's SG&A was $110.37M, missing the average forecast of $153.39M by -28.05%. Lastly, the company's EPS was $7.05, beating the average prediction of $6.07 by 16.07%. In terms of the last quarterly report (Dec 2023), Matador Resources's revenue was $832.27M, missing the average analysts' forecast of $842.96M by -1.27%. The company's EBITDA was $583.04M, beating the average prediction of $385.99M by 51.05%. Matador Resources's net income was $254.54M, beating the average estimation of $224.31M by 13.48%. The company's SG&A was $29.49M, missing the average forecast of $48.74M by -39.49%. Lastly, the company's EPS was $2.12, beating the average prediction of $1.79 by 18.13%