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


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MTDR Stock Forecast


Matador Resources Company stock forecast is as follows: an average price target of $78.00 (represents a 56.50% upside from MTDR’s last price of $49.84) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

MTDR Price Target


The average price target for Matador Resources Company (MTDR) is $78.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $89.00 to $60.00. This represents a potential 56.50% upside from MTDR's last price of $49.84.

MTDR Analyst Ratings


Buy

According to 7 Wall Street analysts, Matador Resources Company's rating consensus is 'Buy'. The analyst rating breakdown for MTDR stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Matador Resources Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024Hanwen ChangWells Fargo$89.00$61.4444.86%78.57%
Jul 22, 2024Neal DingmannTruist Financial$86.00$62.6937.18%72.55%
Jun 14, 2024Nitin KumarMizuho Securities$85.00$57.0948.89%70.55%
Jun 13, 2024Neal DingmannTruist Financial$91.00$59.2153.69%82.58%
May 28, 2024Phillip JungwirthBMO Capital$79.00$60.5930.38%58.51%
Apr 22, 2024Tim RazvanKeyBanc$76.00$64.6817.50%52.49%
Apr 01, 2024Roth MKM RatingsRoth Capital$71.00$66.776.34%42.46%
Mar 18, 2024Nitin KumarMizuho Securities$76.00$66.5014.29%52.49%
Sep 26, 2022-Raymond James$60.00$47.9325.18%20.39%
Jul 26, 2022-Raymond James$70.00$51.3536.32%40.45%
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The latest Matador Resources Company stock forecast, released on Jul 29, 2024 by Hanwen Chang from Wells Fargo, set a price target of $89.00, which represents a 44.86% increase from the stock price at the time of the forecast ($61.44), and a 78.57% increase from MTDR last price ($49.84).

Matador Resources Company Price Target by Period


1M3M12M
# Anlaysts-28
Avg Price Target-$87.50$81.63
Last Closing Price$49.84$49.84$49.84
Upside/Downside-100.00%75.56%63.78%

In the current month, the average price target of Matador Resources Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Matador Resources Company's last price of $49.84. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 12, 2024StephensUnderperformUnderperformHold
Sep 12, 2024Wells FargoBuyBuyHold
Jul 24, 2024Cowen & Co.BuyBuyHold
Jul 17, 2024Wolfe Research-Peer PerformInitialise
Jul 17, 2024Wells FargoOverweightOverweightHold
Jun 26, 2024Cowen & Co.BuyBuyHold
Jun 20, 2024Stephens-OverweightInitialise
Jun 13, 2024KeyBancOverweightOverweightHold
Jun 13, 2024Wells FargoBuyBuyHold
Jun 13, 2024Truist FinancialUnderperformUnderperformHold
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Matador Resources Company's last stock rating was published by Stephens on Sep 12, 2024. The company gave MTDR a "Underperform" rating, the same as its previous rate.

Matador Resources Company Financial Forecast


Matador Resources Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$832.27M$772.29M$638.08M$560.28M$707.48M$840.93M-$565.69M$566.36M$472.35M$357.43M$266.85M$224.24M$203.39M$62.92M$371.58M$288.68M$279.40M
Avg Forecast$1.10B$1.08B$1.06B$1.06B$1.12B$1.09B$1.06B$1.07B$1.04B$864.44M$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$165.91M$230.30M$258.83M$230.09M
High Forecast$1.17B$1.15B$1.13B$1.13B$1.20B$1.16B$1.13B$1.14B$1.11B$916.25M$876.88M$786.24M$931.28M$731.12M$679.32M$581.00M$689.71M$785.93M$815.41M$655.23M$467.49M$411.71M$390.79M$288.25M$261.78M$210.44M$181.22M$251.54M$282.70M$251.31M
Low Forecast$1.03B$1.01B$994.48M$994.48M$1.05B$1.02B$993.50M$1.00B$974.15M$834.53M$770.22M$690.60M$811.95M$669.04M$596.70M$510.33M$605.82M$690.34M$815.41M$560.65M$400.01M$352.28M$334.38M$246.64M$223.99M$180.06M$155.06M$215.23M$241.89M$215.03M
# Analysts334545223734596437534859101691088
Surprise %------------0.99%1.09%1.00%1.03%1.09%1.14%-0.94%1.32%1.25%1.00%1.01%0.94%1.06%0.38%1.61%1.12%1.21%

Matador Resources Company's average Quarter revenue forecast for Mar 24 based on 4 analysts is $737.14M, with a low forecast of $690.60M, and a high forecast of $786.24M. 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 Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223734596437534859101691088
EBITDA------------$583.04M$521.19M$446.35M$378.10M$500.86M$603.95M-$405.02M$396.66M$303.98M$220.64M$158.00M$18.42M$-143.31M$-351.59M$185.50M$53.92M$75.62M
Avg Forecast$726.20M$714.31M$701.10M$701.10M$741.44M$720.58M$700.40M$705.65M$686.76M$570.95M$543.00M$385.83M$556.76M$467.48M$420.66M$350.75M$427.10M$297.82M$538.56M$318.87M$334.79M$235.43M$141.58M$109.75M$16.99M$-442.22M$-573.53M$152.11M$32.74M$54.44M
High Forecast$774.56M$761.88M$747.79M$747.79M$790.82M$768.57M$747.05M$752.65M$732.50M$605.16M$579.16M$462.99M$615.09M$482.89M$448.68M$420.90M$455.54M$357.39M$538.56M$382.64M$401.75M$282.52M$169.89M$131.70M$20.39M$-353.77M$-458.83M$166.14M$39.28M$65.33M
Low Forecast$680.35M$669.21M$656.83M$656.83M$694.63M$675.09M$656.18M$661.10M$643.41M$551.19M$508.71M$308.66M$536.28M$441.89M$394.10M$280.60M$400.13M$238.26M$538.56M$255.09M$267.83M$188.35M$113.26M$87.80M$13.59M$-530.66M$-688.24M$142.16M$26.19M$43.56M
Surprise %------------1.05%1.11%1.06%1.08%1.17%2.03%-1.27%1.18%1.29%1.56%1.44%1.08%0.32%0.61%1.22%1.65%1.39%

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 Company's previous annual EBITDA (Dec 23) of $583.04M.

Matador Resources Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223734596437534859101691088
Net Income------------$254.54M$263.74M$164.67M$163.13M$253.79M$337.57M-$207.12M$231.25M$203.63M$105.91M$60.65M$-89.45M$-276.06M$-353.42M$125.73M$24.02M$43.95M
Avg Forecast$344.78M$330.43M$309.56M$315.53M$302.22M$294.66M$279.01M$284.52M$277.24M$235.06M$218.49M$206.09M$224.15M$208.48M$165.23M$187.36M$245.60M$199.51M$377.92M$170.33M$181.29M$157.71M$67.96M$42.13M$-82.53M$-851.85M$-576.51M$905.25M$14.58M$31.65M
High Forecast$374.63M$359.04M$336.36M$342.85M$328.39M$320.17M$303.17M$309.16M$301.24M$260.24M$237.41M$247.31M$275.59M$236.01M$179.54M$224.83M$266.86M$239.41M$377.92M$204.39M$217.55M$189.25M$81.55M$50.55M$-66.02M$-681.48M$-461.21M$1.09B$17.50M$37.98M
Low Forecast$316.48M$303.31M$284.15M$289.63M$277.42M$270.47M$256.11M$261.17M$254.48M$212.27M$200.56M$164.87M$192.30M$175.70M$151.67M$149.89M$225.44M$159.60M$377.92M$136.26M$145.03M$126.17M$54.36M$33.70M$-99.03M$-1.02B$-691.81M$724.20M$11.67M$25.32M
Surprise %------------1.14%1.27%1.00%0.87%1.03%1.69%-1.22%1.28%1.29%1.56%1.44%1.08%0.32%0.61%0.14%1.65%1.39%

Matador Resources Company'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 Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223734596437534859101691088
SG&A------------$29.49M$31.73M$26.71M$22.43M$34.52M$27.55M-$29.73M$25.18M$24.63M$24.40M$22.19M$16.53M$15.10M$14.72M$16.70M$21.98M$20.90M
Avg Forecast$63.58M$62.54M$61.38M$61.38M$64.91M$63.08M$61.32M$61.78M$60.12M$49.98M$47.54M$29.59M$48.74M$40.93M$36.83M$26.90M$37.39M$24.13M$47.15M$24.45M$21.25M$19.08M$15.65M$15.41M$15.25M$46.59M$24.02M$120.23M$13.34M$15.05M
High Forecast$67.81M$66.70M$65.47M$65.47M$69.23M$67.29M$65.40M$65.89M$64.13M$52.98M$50.70M$35.50M$53.85M$42.28M$39.28M$32.27M$39.88M$28.96M$47.15M$29.34M$25.50M$22.89M$18.79M$18.50M$18.30M$55.91M$28.82M$144.27M$16.01M$18.06M
Low Forecast$59.56M$58.59M$57.50M$57.50M$60.81M$59.10M$57.45M$57.88M$56.33M$48.26M$44.54M$23.67M$46.95M$38.69M$34.50M$21.52M$35.03M$19.31M$47.15M$19.56M$17.00M$15.26M$12.52M$12.33M$12.20M$37.28M$19.21M$96.18M$10.67M$12.04M
Surprise %------------0.61%0.78%0.73%0.83%0.92%1.14%-1.22%1.18%1.29%1.56%1.44%1.08%0.32%0.61%0.14%1.65%1.39%

Matador Resources Company'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 Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223734596437534859101691088
EPS------------$2.12$2.21$1.38$1.37$2.15$2.86-$1.76$1.97$1.74$0.91$0.52$-0.77$-2.38$-3.04$1.08$0.21$0.38
Avg Forecast$2.76$2.65$2.48$2.53$2.42$2.36$2.23$2.28$2.22$1.88$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$-0.15$0.01$0.28$0.21
High Forecast$3.00$2.87$2.69$2.75$2.63$2.56$2.43$2.48$2.41$2.08$1.90$1.67$2.21$1.89$1.44$1.40$2.14$2.72$3.14$2.32$1.21$1.11$0.87$0.46$0.13$-0.06$-0.14$0.01$0.32$0.23
Low Forecast$2.53$2.43$2.28$2.32$2.22$2.17$2.05$2.09$2.04$1.70$1.61$1.41$1.54$1.41$1.21$1.18$1.81$2.30$3.14$1.90$0.99$0.91$0.71$0.37$0.11$-0.08$-0.17$0.01$0.26$0.19
Surprise %------------1.18%1.32%1.04%1.06%1.09%1.14%-0.85%1.82%1.76%1.17%1.27%-6.40%34.17%19.82%80.64%0.73%1.81%

According to 4 Wall Street analysts, Matador Resources Company's projected average Quarter EPS for Mar 24 is $1.54, with a low estimate of $1.41 and a high estimate of $1.67. This represents a -27.59% decrease compared to MTDR previous annual EPS of $2.12 (Dec 23).

Matador Resources Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
VTLEVital Energy$26.43$60.83130.16%Hold
CIVICivitas Resources$52.95$92.6374.94%Buy
MTDRMatador Resources Company$49.84$78.0056.50%Buy
CHRDChord Energy$134.05$204.3852.47%Buy
ARAntero Resources$26.49$39.6549.68%Buy
SWNSouthwestern Energy Company$6.26$8.8541.37%Hold
CHKChesapeake Energy$73.22$103.2741.04%Buy
MURMurphy Oil$34.17$47.9040.18%Buy
PRPermian Resources$13.49$18.2535.29%Buy
SMSM Energy Company$39.16$51.6431.87%Buy
EQTEQT$33.19$41.0023.53%Buy
MGYMagnolia Oil & Gas$23.84$25.316.17%Buy

MTDR Forecast FAQ


Yes, according to 7 Wall Street analysts, Matador Resources Company (MTDR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 100.00% of MTDR's total ratings.

Matador Resources Company (MTDR) average price target is $78 with a range of $60 to $89, implying a 56.50% from its last price of $49.84. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MTDR stock, the company can go up by 56.50% (from the last price of $49.84 to the average price target of $78), up by 78.57% based on the highest stock price target, and up by 20.39% based on the lowest stock price target.

MTDR's average twelve months analyst stock price target of $78 supports the claim that Matador Resources Company can reach $70 in the near future.

Matador Resources Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.34B (high $4.63B, low $4.07B), average EBITDA is $2.87B (high $3.06B, low $2.69B), average net income is $1.16B (high $1.26B, low $1.07B), average SG&A $251.09M (high $267.81M, low $235.24M), and average EPS is $9.29 (high $10.1, low $8.53). MTDR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.3B (high $4.59B, low $4.03B), average EBITDA is $2.84B (high $3.03B, low $2.66B), average net income is $1.3B (high $1.41B, low $1.19B), average SG&A $248.87M (high $265.45M, low $233.16M), and average EPS is $10.41 (high $11.31, low $9.56).

Based on Matador Resources Company'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 $1.8B by 8.08%. The company's net income was $846.07M, beating the average estimation of $785.22M by 7.75%. 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 Company'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 $556.76M by 4.72%. Matador Resources Company's net income was $254.54M, beating the average estimation of $224.15M by 13.56%. 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%