MGP Ingredients Inc (MGPI) Stock Price Target 2026

The average analyst price target for MGP Ingredients Inc is $42.56, 146.4% above the current price. Of 8 analysts, 7 rate it Buy and 1 Hold. Targets range from $18 to $120. The latest change came on Oct 29, 2026, when Wells Fargo raised its price target on MGP Ingredients Inc from $17 to $20 and kept an Overweight rating.

The Average Analyst Price Target for MGP Ingredients Inc is $42.56.

Price Target Range — 12 Quarters

Analyst Consensus — 8 Analysts

7Buy

1Hold

Consensus RatingBuy# Analysts8Avg. Consensus PT$42.56Upside to Avg. PT+146.4%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for MGP Ingredients Inc Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 29, 2026	Wells Fargo	Marc Torrente	PT Raise	Overweight	$17→$20
Oct 16, 2026	Roth Capital	Sean McGowan	PT Cut	Buy	$32→$30
Oct 5, 2026	Wells Fargo	Marc Torrente	PT Cut	Overweight	$22→$17
Jul 30, 2026	TD Cowen	Seamus Cassidy	PT Raise	Hold	$18→$20
Jul 30, 2026	Wells Fargo	Marc Torrente	PT Raise	Overweight	$21→$22
Jul 8, 2026	Wells Fargo	Marc Torrente	PT Cut	Overweight	$24→$21
Jun 26, 2026	TD Cowen	Robert Moskow	PT Cut	Hold	$20→$18
Apr 30, 2026	TD Cowen	Robert Moskow	PT Cut	Hold	$22→$20
Feb 26, 2026	Roth Capital	Sean McGowan	PT Cut	Buy	$41→$32
Feb 26, 2026	Wells Fargo	Marc Torrente	PT Cut	Overweight	$29→$24
Jan 22, 2026	Benchmark	Ben Klieve	Initiate	Buy	$35
Jan 8, 2026	TD Cowen	Robert Moskow	PT Cut	Hold	$27→$24
Jan 5, 2026	Wells Fargo	Marc Torrente	PT Cut	Overweight	$33→$29
Oct 30, 2025	TD Cowen	Robert Moskow	PT Cut	Hold	$30→$27
Sep 25, 2025	Wells Fargo	Marc Torrente	PT Cut	Overweight	$38→$33
Apr 24, 2025	Truist Securities	Bill Chappell	PT Cut	Buy	$40→$35
Apr 2, 2025	Wells Fargo	Marc Torrente	PT Cut	Overweight	$40→$37
Feb 27, 2025	Lake Street	Ben Klieve	Upgrade	Hold→Buy	$55→$45
Jan 7, 2025	Wells Fargo	Marc Torrente	PT Cut	Overweight	$58→$44
Dec 23, 2024	Roth MKM	Sean McGowan	PT Cut	Buy	$65→$60

Analyst Ratings News

PRO
Wells Fargo Maintains Overweight on MGP Ingredients, Raises Price Target to $20

Wells Fargo analyst Marc Torrente maintains MGP Ingredients (NASDAQ:MGPI) with a Overweight and raises the price target from $17 to $20.

Benzinga Newsdesk

PRO
Roth Capital Maintains Buy on MGP Ingredients, Lowers Price Target to $30

Roth Capital analyst Sean McGowan maintains MGP Ingredients (NASDAQ:MGPI) with a Buy and lowers the price target from $32 to $30.

Benzinga Newsdesk

PRO
Wells Fargo Maintains Overweight on MGP Ingredients, Lowers Price Target to $17

Wells Fargo analyst Marc Torrente maintains MGP Ingredients (NASDAQ:MGPI) with a Overweight and lowers the price target from $22 to $17.

Benzinga Newsdesk

PRO
TD Cowen Maintains Hold on MGP Ingredients, Raises Price Target to $20

TD Cowen analyst Seamus Cassidy maintains MGP Ingredients (NASDAQ:MGPI) with a Hold and raises the price target from $18 to $20.

Benzinga Newsdesk

PRO
Wells Fargo Maintains Overweight on MGP Ingredients, Raises Price Target to $22

Wells Fargo analyst Marc Torrente maintains MGP Ingredients (NASDAQ:MGPI) with a Overweight and raises the price target from $21 to $22.

Benzinga Newsdesk

PRO
Wells Fargo Maintains Overweight on MGP Ingredients, Lowers Price Target to $21

Wells Fargo analyst Marc Torrente maintains MGP Ingredients (NASDAQ:MGPI) with a Overweight and lowers the price target from $24 to $21.

Benzinga Newsdesk