Northern Oil & Gas (NOG) Stock Price Target 2026

The average analyst price target for Northern Oil & Gas is $37.08, 62.0% above the current price. Of 13 analysts, 7 rate it Buy, 5 Hold and 1 Sell. Targets range from $26 to $55. The latest change came on Oct 15, 2026, when Scotiabank initiated coverage of Northern Oil & Gas with a Sector Perform rating and a $27 price target.

The Average Analyst Price Target for Northern Oil & Gas is $37.08.

Price Target Range — 13 Quarters

Analyst Consensus — 13 Analysts

7Buy

5Hold

1Sell

Consensus RatingBuy# Analysts13Avg. Consensus PT$37.08Upside to Avg. PT+62.0%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Northern Oil & Gas Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 15, 2026	Scotiabank	Mark Lear	Initiate	Sector Perform	$27
Oct 15, 2026	Citigroup	Paul Diamond	PT Raise	Buy	$28→$32
Oct 15, 2026	Morgan Stanley	Devin McDermott	PT Raise	Underweight	$25→$26
Oct 14, 2026	Mizuho	William Janela	PT Raise	Neutral	$29→$30
Sep 10, 2026	Raymond James	John Freeman	PT Raise	Outperform	$28→$31
Jul 20, 2026	Citigroup	Paul Diamond	PT Cut	Buy	$36→$28
Jul 14, 2026	Mizuho	William Janela	PT Cut	Neutral	$31→$29
Jun 29, 2026	Morgan Stanley	Devin McDermott	PT Cut	Underweight	$29→$25
Jun 15, 2026	Raymond James	John Freeman	PT Cut	Outperform	$35→$30
May 22, 2026	Morgan Stanley	Devin McDermott	PT Raise	Underweight	$28→$29
May 21, 2026	Raymond James	John Freeman	Downgrade	Strong Buy→Outperform	$37→$35
May 20, 2026	Johnson Rice	Charles Meade	Downgrade	Accumulate→Hold	$36
Apr 14, 2026	Citigroup	Paul Diamond	PT Cut	Buy	$39→$36
Mar 31, 2026	Citigroup	Paul Diamond	PT Raise	Buy	$34→$39
Mar 24, 2026	B of A Securities	Noah Hungness	PT Raise	Buy	$27→$32
Mar 12, 2026	Piper Sandler	Mark Lear	PT Raise	Neutral	$27→$32
Mar 11, 2026	Citigroup	Paul Diamond	PT Raise	Buy	$28→$34
Mar 5, 2026	Piper Sandler	Mark Lear	PT Raise	Neutral	$25→$27
Jan 23, 2026	Morgan Stanley	Devin McDermott	PT Cut	Underweight	$26→$24
Jan 20, 2026	RBC Capital	Scott Hanold	PT Cut	Sector Perform	$33→$30

Analyst Ratings News

Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields

Analyst ratings highlight three high-yield energy stocks: KRP (9.66%), ENB (5.84%) and NOG (6.54%), with updated targets and earnings news.

Avi Kapoor

PRO
Citigroup Maintains Buy on Northern Oil & Gas, Raises Price Target to $32

Citigroup analyst Paul Diamond maintains Northern Oil & Gas (NYSE:NOG) with a Buy and raises the price target from $28 to $32.

Benzinga Newsdesk

PRO
Morgan Stanley Maintains Underweight on Northern Oil & Gas, Raises Price Target to $26

Morgan Stanley analyst Devin McDermott maintains Northern Oil & Gas (NYSE:NOG) with a Underweight and raises the price target from $25 to $26.

Benzinga Newsdesk

PRO
Mizuho Maintains Neutral on Northern Oil & Gas, Raises Price Target to $30

Mizuho analyst William Janela maintains Northern Oil & Gas (NYSE:NOG) with a Neutral and raises the price target from $29 to $30.

Benzinga Newsdesk

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields

Analyst ratings cover three high-yield energy stocks: NAT (12.9%), NOG (7.49%) and ENB (6.08%), with mixed outlooks.

Avi Kapoor

PRO
Raymond James Maintains Outperform on Northern Oil & Gas, Raises Price Target to $31

Raymond James analyst John Freeman maintains Northern Oil & Gas (NYSE:NOG) with a Outperform and raises the price target from $28 to $31.

Benzinga Newsdesk

Northern Oil & Gas Inc

Northern Oil & Gas (NOG) Stock Price Target 2026

The Average Analyst Price Target for Northern Oil & Gas is $37.08.

Latest Upgrades and Downgrades for Northern Oil & Gas Stock

Analyst Ratings News

Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields

PRO
Citigroup Maintains Buy on Northern Oil & Gas, Raises Price Target to $32

PRO
Morgan Stanley Maintains Underweight on Northern Oil & Gas, Raises Price Target to $26

PRO
Mizuho Maintains Neutral on Northern Oil & Gas, Raises Price Target to $30

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields

PRO
Raymond James Maintains Outperform on Northern Oil & Gas, Raises Price Target to $31

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Northern Oil & Gas Inc

Northern Oil & Gas (NOG) Stock Price Target 2026

The Average Analyst Price Target for Northern Oil & Gas is $37.08.

Latest Upgrades and Downgrades for Northern Oil & Gas Stock

Analyst Ratings News

Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields

PROCitigroup Maintains Buy on Northern Oil & Gas, Raises Price Target to $32

PROMorgan Stanley Maintains Underweight on Northern Oil & Gas, Raises Price Target to $26

PROMizuho Maintains Neutral on Northern Oil & Gas, Raises Price Target to $30

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields

PRORaymond James Maintains Outperform on Northern Oil & Gas, Raises Price Target to $31

People Also Watch

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PRO
Citigroup Maintains Buy on Northern Oil & Gas, Raises Price Target to $32

PRO
Morgan Stanley Maintains Underweight on Northern Oil & Gas, Raises Price Target to $26

PRO
Mizuho Maintains Neutral on Northern Oil & Gas, Raises Price Target to $30

PRO
Raymond James Maintains Outperform on Northern Oil & Gas, Raises Price Target to $31