Matador Resources Co has a consensus price target of $61.63, established from looking at the 67 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Mizuho, and Benchmark on April 26, 2024, April 24, 2024, and April 23, 2024. With an average price target of $75.67 between Truist Securities, Mizuho, and Benchmark, there's an implied 15.33% upside for Matador Resources Co from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/26/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 32.6% | Truist Securities | Neal Dingmann | $85 → $87 | Maintains | Buy | Get Alert |
04/24/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 18.88% | Mizuho | Nitin Kumar | $76 → $78 | Maintains | Buy | Get Alert |
04/23/2024 | MTDR | Buy Now | Matador Resources | $65.61 | -5.5% | Benchmark | Subash Chandra | $71 → $62 | Maintains | Buy | Get Alert |
04/22/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 15.84% | Keybanc | Tim Rezvan | $71 → $76 | Maintains | Overweight | Get Alert |
04/18/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 29.55% | Wells Fargo | Hanwen Chang | $76 → $85 | Maintains | Overweight | Get Alert |
04/11/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 17.36% | JP Morgan | Zach Parham | $76 → $77 | Maintains | Overweight | Get Alert |
04/05/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 29.55% | Truist Securities | Neal Dingmann | $82 → $85 | Maintains | Buy | Get Alert |
04/01/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 15.84% | Mizuho | Nitin Kumar | $67 → $76 | Maintains | Buy | Get Alert |
03/28/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 8.22% | Roth MKM | Leo Mariani | $66 → $71 | Maintains | Buy | Get Alert |
03/25/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 0.59% | Roth MKM | Leo Mariani | → $66 | Maintains | Buy | Get Alert |
03/18/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 15.84% | Mizuho | William Janela | $67 → $76 | Maintains | Buy | Get Alert |
03/07/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 15.84% | Wells Fargo | Hanwen Chang | $73 → $76 | Maintains | Overweight | Get Alert |
03/05/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 6.69% | RBC Capital | Scott Hanold | → $70 | Reiterates | Outperform → Outperform | Get Alert |
03/04/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 9.74% | TD Cowen | Gabe Daoud | $64 → $72 | Maintains | Outperform | Get Alert |
01/25/2024 | MTDR | Buy Now | Matador Resources | $65.61 | -5.5% | Benchmark | Subash Chandra | $71 → $62 | Maintains | Buy | Get Alert |
01/11/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 8.22% | Keybanc | Tim Rezvan | $76 → $71 | Maintains | Overweight | Get Alert |
01/08/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 6.69% | Raymond James | John Freeman | $76 → $70 | Maintains | Outperform | Get Alert |
01/03/2024 | MTDR | Buy Now | Matador Resources | $65.61 | 2.12% | Mizuho | Nitin Kumar | $83 → $67 | Maintains | Buy | Get Alert |
11/15/2023 | MTDR | Buy Now | Matador Resources | $65.61 | 11.26% | Wells Fargo | Hanwen Chang | → $73 | Initiates | → Overweight | Get Alert |
The latest price target for Matador Resources (NYSE: MTDR) was reported by Truist Securities on April 26, 2024. The analyst firm set a price target for $87.00 expecting MTDR to rise to within 12 months (a possible 32.60% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Matador Resources (NYSE: MTDR) was provided by Truist Securities, and Matador Resources maintained their buy rating.
The last upgrade for Matador Resources Co happened on August 16, 2023 when Mizuho raised their price target to N/A. Mizuho previously had a neutral for Matador Resources Co.
The last downgrade for Matador Resources Co happened on October 28, 2021 when Capital One changed their price target from N/A to N/A for Matador Resources Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matador Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Matador Resources was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
While ratings are subjective and will change, the latest Matador Resources (MTDR) rating was a maintained with a price target of $85.00 to $87.00. The current price Matador Resources (MTDR) is trading at is $65.61, which is out of the analyst’s predicted range.
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