​

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

OverviewRevenueOwnershipFinancialsChartTranscripts

MTDR Stock Forecast

Matador Resources Company stock forecast is as follows: an average price target of $74.67 (represents a 41.99% upside from MTDR’s last price of $52.59) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

MTDR Price Target

The average price target for Matador Resources Company (MTDR) is $74.67 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $89.00 to $60.00. This represents a potential 41.99% upside from MTDR's last price of $52.59.

MTDR Analyst Ratings

Buy

According to 8 Wall Street analysts, Matador Resources Company's rating consensus is 'Buy'. The analyst rating breakdown for MTDR stock is 0 'Strong Buy' (0.00%), 8 '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
Oct 23, 2024Stewart GlickmanCFRA$60.00$50.7618.20%14.09%
Oct 23, 2024Nitin KumarMizuho Securities$74.00$50.3347.03%40.71%
Oct 21, 2024Mike SciallaStephens$78.00$51.5451.34%48.32%
Oct 21, 2024Neal DingmannTruist Financial$75.00$51.5445.52%42.61%
Oct 16, 2024Tim RazvanKeyBanc$72.00$51.8138.97%36.91%
Jul 29, 2024Hanwen ChangWells Fargo$89.00$61.4444.86%69.23%
Jul 22, 2024Neal DingmannTruist Financial$86.00$62.6937.18%63.53%
Jun 14, 2024Nitin KumarMizuho Securities$85.00$57.0948.89%61.63%
Jun 13, 2024Neal DingmannTruist Financial$91.00$59.2153.69%73.04%
May 28, 2024Phillip JungwirthBMO Capital$79.00$60.5930.38%50.22%
Apr 22, 2024Tim RazvanKeyBanc$76.00$64.6817.50%44.51%
Apr 01, 2024Roth MKM RatingsRoth Capital$71.00$66.776.34%35.01%
Mar 18, 2024Nitin KumarMizuho Securities$76.00$66.5014.29%44.51%
Sep 26, 2022Raymond James$60.00$47.9325.18%14.09%
Jul 26, 2022Raymond James$70.00$51.3536.32%33.11%
May 03, 2022Wells Fargo$70.00$49.3041.99%33.11%
Apr 25, 2022Raymond James$74.00$52.2941.52%40.71%
Oct 01, 2021Phillip JungwirthBMO Capital$43.00$39.439.05%-18.24%

The latest Matador Resources Company stock forecast, released on Oct 23, 2024 by Stewart Glickman from CFRA, set a price target of $60.00, which represents a 18.20% increase from the stock price at the time of the forecast ($50.76), and a 14.09% increase from MTDR last price ($52.59).

Matador Resources Company Price Target by Period

1M3M12M
# Anlaysts-513
Avg Price Target-$71.80$77.85
Last Closing Price$52.59$52.59$52.59
Upside/Downside-100.00%36.53%48.03%

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 $52.59. 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
Oct 23, 2024CFRABuyBuyHold
Oct 21, 2024Wells FargoBuyBuyHold
Oct 21, 2024StephensUnderperformUnderperformHold
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 Company's last stock rating was published by CFRA on Oct 23, 2024. The company gave MTDR a "Buy" 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 22Jun 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$943.93M$565.69M$566.36M$472.35M$357.43M$266.85M$224.24M$203.39M$62.92M$371.58M$288.68M$279.40M
Avg Forecast$1.08B$1.05B$1.04B$1.06B$1.06B$1.04B$1.01B$1.01B$1.01B$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$165.91M$230.30M$258.83M$230.09M
High Forecast$1.16B$1.13B$1.12B$1.15B$1.15B$1.12B$1.09B$1.10B$1.10B$858.64M$822.34M$739.07M$931.28M$731.12M$686.48M$587.12M$696.97M$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
Low Forecast$1.00B$979.70M$969.85M$991.05M$989.86M$968.67M$939.25M$949.59M$938.12M$814.74M$821.91M$735.22M$811.95M$669.04M$592.76M$506.97M$601.83M$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
# Analysts33334446634459643743474441599168
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%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 $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 Company EBITDA Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446634459643743474441599168
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$-351.59M$185.50M$53.92M$75.62M
Avg Forecast$494.31M$482.02M$477.17M$487.60M$487.02M$476.59M$462.11M$460.41M$463.86M$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$109.58M$152.11M$170.95M$151.97M
High Forecast$532.78M$519.53M$514.31M$525.55M$524.92M$513.68M$498.08M$502.64M$503.86M$393.17M$376.55M$462.99M$426.44M$334.78M$314.34M$420.90M$441.93M$486.68M$538.56M$382.64M$282.69M$248.96M$236.31M$131.70M$158.30M$127.25M$109.58M$152.11M$170.95M$151.97M
Low Forecast$460.05M$448.61M$444.10M$453.80M$453.26M$443.55M$430.08M$434.82M$429.57M$373.07M$376.36M$308.66M$371.79M$306.35M$271.43M$280.60M$294.62M$486.68M$538.56M$255.09M$282.69M$248.96M$236.31M$87.80M$158.30M$127.25M$109.58M$152.11M$170.95M$151.97M
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%-3.21%1.22%0.32%0.50%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446634459643743474441599168
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$-276.06M$-353.42M$125.73M$24.02M$43.95M
Avg Forecast$305.62M$287.49M$273.73M$286.90M$268.23M$259.01M$243.06M$242.53M$231.95M$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$-19.16M$905.25M$35.39M$26.19M
High Forecast$336.54M$316.58M$301.42M$315.93M$295.37M$285.22M$267.65M$316.96M$269.76M$214.45M$219.18M$247.31M$275.79M$236.18M$182.08M$224.83M$239.30M$313.09M$392.51M$204.39M$135.07M$123.68M$97.35M$50.55M$15.03M$-8.70M$-19.16M$1.09B$35.39M$26.19M
Low Forecast$278.08M$261.59M$249.06M$261.05M$244.06M$235.67M$221.16M$207.89M$204.21M$199.92M$218.10M$164.87M$192.44M$175.82M$150.45M$149.89M$159.54M$313.09M$392.51M$136.26M$135.07M$123.68M$97.35M$33.70M$15.03M$-8.70M$-19.16M$724.20M$35.39M$26.19M
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%18.45%0.14%0.68%1.68%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446634459643743474441599168
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$14.72M$16.70M$21.98M$20.90M
Avg Forecast$62.42M$60.87M$60.26M$61.57M$61.50M$60.18M$58.35M$58.14M$58.58M$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$9.59M$120.23M$14.97M$13.30M
High Forecast$67.28M$65.61M$64.95M$66.37M$66.29M$64.87M$62.90M$63.47M$63.63M$49.65M$47.55M$35.50M$53.85M$42.28M$39.69M$32.27M$28.05M$42.61M$47.15M$29.34M$24.75M$21.80M$20.69M$18.50M$13.86M$11.14M$9.59M$144.27M$14.97M$13.30M
Low Forecast$58.09M$56.65M$56.08M$57.31M$57.24M$56.01M$54.31M$54.91M$54.24M$47.11M$47.53M$23.67M$46.95M$38.69M$34.28M$21.52M$18.70M$42.61M$47.15M$19.56M$24.75M$21.80M$20.69M$12.33M$13.86M$11.14M$9.59M$96.18M$14.97M$13.30M
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%1.53%0.14%1.47%1.57%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446634459643743474441599168
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$-2.38$-3.04$1.08$0.21$0.38
Avg Forecast$2.45$2.30$2.19$2.30$2.15$2.07$1.94$1.94$1.86$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$-0.15$0.01$0.28$0.21
High Forecast$2.69$2.53$2.41$2.53$2.36$2.28$2.14$2.54$2.16$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$-0.15$0.01$0.28$0.21
Low Forecast$2.22$2.09$1.99$2.09$1.95$1.89$1.77$1.66$1.63$1.60$1.75$1.51$1.54$1.41$1.20$1.22$1.96$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
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%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 $1.51 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 Company Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CIVICivitas Resources$44.99$82.1782.64%Buy
CHRDChord Energy$115.09$189.2564.44%Buy
VTLEVital Energy$29.45$48.0062.99%Hold
MURMurphy Oil$29.28$47.6062.57%Buy
PRPermian Resources$13.97$20.0043.16%Buy
SMSM Energy Company$38.87$52.6735.50%Buy
MTDRMatador Resources Company$55.69$74.6734.08%Buy
MGYMagnolia Oil & Gas$24.24$29.0019.64%Buy
ARAntero Resources$31.59$35.2511.59%Buy
EQTEQT$44.20$43.75-1.02%Buy

MTDR Forecast FAQ

Is Matador Resources Company a good buy?

Yes, according to 8 Wall Street analysts, Matador Resources Company (MTDR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 100.00% of MTDR's total ratings.

What is MTDR's price target?

Matador Resources Company (MTDR) average price target is $74.67 with a range of $60 to $89, implying a 41.99% from its last price of $52.59. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Matador Resources Company stock go up soon?

According to Wall Street analysts' prediction for MTDR stock, the company can go up by 41.99% (from the last price of $52.59 to the average price target of $74.67), up by 69.23% based on the highest stock price target, and up by 14.09% based on the lowest stock price target.

Can Matador Resources Company stock reach $80?

MTDR's highest twelve months analyst stock price target of $89 supports the claim that Matador Resources Company can reach $80 in the near future.

What are Matador Resources Company's analysts' financial forecasts?

Matador Resources Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.12B (high $4.45B, low $3.85B), average EBITDA is $1.89B (high $2.04B, low $1.76B), average net income is $1.01B (high $1.17B, low $908.78M), average SG&A $238.18M (high $257.52M, low $222.47M), and average EPS is $8.1 (high $9.32, low $7.27). MTDR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.24B (high $4.57B, low $3.95B), average EBITDA is $1.94B (high $2.09B, low $1.81B), average net income is $1.15B (high $1.27B, low $1.05B), average SG&A $245.12M (high $264.19M, low $228.13M), and average EPS is $9.23 (high $10.17, low $8.4).

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

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 $1.35B 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 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 $385.99M by 51.05%. Matador Resources Company'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%