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Northern Oil & Gas Analyst Ratings

NOGNYSE

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$22.60

-0.01-0.04%

At close: Dec 15, 4:00 PM EST

$22.60

N/A

After Hours: 6:39 PM EST

Overview News Earnings Options Dividends

Analyst Ratings

Insider Trades Short Interest Government Trades Stock Report

Consensus Rating¹

Buy

Highest Price Target¹

$55.00

Lowest Price Target¹

$25.00

Consensus Price Target¹

$39.08

Northern Oil & Gas Analyst Ratings and Price Targets | NYSE:NOG | Benzinga

Northern Oil & Gas Inc has a consensus price target of $39.08 based on the ratings of 13 analysts. The high is $55 issued by Truist Securities on January 13, 2025. The low is $25 issued by Piper Sandler on August 4, 2025. The 3 most-recent analyst ratings were released by Mizuho, Citigroup, and Morgan Stanley on December 12, 2025, October 20, 2025, and October 14, 2025, respectively. With an average price target of $28 between Mizuho, Citigroup, and Morgan Stanley, there's an implied 23.89% upside for Northern Oil & Gas Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

Jul

Aug

Sep

Oct

Dec

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

3.5

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Analyst Firms Making Recommendations¹

Mizuho

Citigroup

Morgan Stanley

Raymond James

Piper Sandler

¹calculated from analyst ratings

Analyst Ratings for Northern Oil & Gas

					Get Alert
Dec 12, 2025	32.74%	William JanelaMizuho 44%	28 30	Previous Neutral Current Neutral	Get Alert
Oct 20, 2025	23.89%	Paul DiamondCitigroup 52%	28 32	Previous Buy Current Buy	Get Alert
Oct 14, 2025	15.04%	Devin McDermottMorgan Stanley 76%	26 27	Previous Underweight Current Underweight	Get Alert
Sep 15, 2025	23.89%	William JanelaMizuho 44%	28 32	Previous Neutral Current Neutral	Get Alert
Aug 25, 2025	—	Neal DingmannWilliam Blair 59%	—	Previous Initiates Current Outperform	Get Alert
Aug 21, 2025	50.44%	John FreemanRaymond James 76%	34 36	Previous Strong Buy Current Strong Buy	Get Alert
Aug 18, 2025	19.47%	Devin McDermottMorgan Stanley 76%	27 29	Previous Equal-Weight Current Underweight	Get Alert
Aug 4, 2025	10.62%	Mark LearPiper Sandler 61%	25 31	Previous Neutral Current Neutral	Get Alert
Jul 17, 2025	37.17%	Mark LearPiper Sandler 61%	30 31	Previous Neutral Current Neutral	Get Alert
Jul 16, 2025	41.59%	William JanelaMizuho 44%	32 33	Previous Neutral Current Neutral	Get Alert
Jul 14, 2025	46.02%	Scott HanoldRBC Capital 59%	33 34	Previous Sector Perform Current Sector Perform	Get Alert
Jul 9, 2025	68.14%	Paul DiamondCitigroup 52%	34 38	Previous Buy Current Buy	Get Alert
May 23, 2025	46.02%	Noah HungnessB of A Securities 49%	29 33	Previous Buy Current Buy	Get Alert
May 13, 2025	59.29%	John FreemanRaymond James 76%	35 36	Previous Strong Buy Current Strong Buy	Get Alert
May 13, 2025	32.74%	Mark LearPiper Sandler 61%	30 34	Previous Neutral Current Neutral	Get Alert
May 13, 2025	46.02%	William JanelaMizuho 44%	33 35	Previous Neutral Current Neutral	Get Alert
Apr 29, 2025	28.32%	Noah HungnessB of A Securities 49%	29 41	Previous Buy Current Buy	Get Alert
Apr 17, 2025	50.44%	Scott HanoldRBC Capital 59%	34 34	Previous Sector Perform Current Sector Perform	Get Alert
Apr 14, 2025	50.44%	Scott HanoldRBC Capital 59%	34 40	Previous Sector Perform Current Sector Perform	Get Alert
Apr 1, 2025	81.42%	Noah HungnessB of A Securities 49%	41 48	Previous Buy Current Buy	Get Alert
Mar 27, 2025	68.14%	Devin McDermottMorgan Stanley 76%	38 43	Previous Equal-Weight Current Equal-Weight	Get Alert
Feb 25, 2025	99.12%	Paul DiamondCitigroup 52%	45 55	Previous Buy Current Buy	Get Alert
Feb 14, 2025	156.64%	John FreemanRaymond James 76%	58 62	Previous Strong Buy Current Strong Buy	Get Alert
Feb 13, 2025	76.99%	Scott HanoldRBC Capital 59%	40 45	Previous Sector Perform Current Sector Perform	Get Alert
Jan 29, 2025	54.87%	Mark LearPiper Sandler 61%	35 37	Previous Neutral Current Neutral	Get Alert
Jan 23, 2025	174.34%	John FreemanRaymond James 76%	57 62	Previous Strong Buy Current Strong Buy	Get Alert
Jan 13, 2025	112.39%	Noah HungnessB of A Securities 49%	48 49	Previous Buy Current Buy	Get Alert
Jan 13, 2025	143.36%	Neal DingmannTruist Securities 59%	52 55	Previous Buy Current Buy	Get Alert
Jan 10, 2025	99.12%	Scott HanoldRBC Capital 59%	45 45	Previous Sector Perform Current Sector Perform	Get Alert
Dec 17, 2024	63.72%	Mark LearPiper Sandler 61%	37 41	Previous Neutral Current Neutral	Get Alert
Dec 16, 2024	107.96%	William JanelaMizuho 44%	47 47	Previous Outperform Current Neutral	Get Alert
Dec 13, 2024	130.09%	Neal DingmannTruist Securities 59%	51 52	Previous Buy Current Buy	Get Alert
Nov 20, 2024	99.12%	Scott HanoldRBC Capital 59%	43 45	Previous Outperform Current Sector Perform	Get Alert
Nov 18, 2024	81.42%	Mark LearPiper Sandler 61%	40 41	Previous Neutral Current Neutral	Get Alert
Nov 7, 2024	125.66%	Neal DingmannTruist Securities 59%	44 51	Previous Buy Current Buy	Get Alert
Sep 30, 2024	94.69%	Neal DingmannTruist Securities 59%	44 55	Previous Buy Current Buy	Get Alert
Sep 19, 2024	107.96%	William JanelaMizuho 44%	47	Previous Initiates Current Outperform	Get Alert
Sep 16, 2024	72.57%	Devin McDermottMorgan Stanley 76%	39 42	Previous Equal-Weight Current Equal-Weight	Get Alert
Aug 15, 2024	76.99%	Mark LearPiper Sandler 61%	40 45	Previous Neutral Current Neutral	Get Alert
Aug 1, 2024	143.36%	Neal DingmannTruist Securities 59%	54 55	Previous Buy Current Buy	Get Alert
Jul 22, 2024	138.94%	Neal DingmannTruist Securities 59%	54 57	Previous Buy Current Buy	Get Alert
Jul 10, 2024	116.81%	Noah HungnessB of A Securities 49%	48 49	Previous Buy Current Buy	Get Alert
Jul 3, 2024	103.54%	Scott HanoldRBC Capital 59%	46 46	Previous Outperform Current Outperform	Get Alert
Jun 14, 2024	112.39%	Noah HungnessB of A Securities 49%	48	Previous Current Buy	Get Alert
May 14, 2024	90.27%	Mark LearPiper Sandler 61%	42 43	Previous Neutral Current Neutral	Get Alert
May 3, 2024	121.24%	Paul DiamondCitigroup 52%	50 55	Previous Buy Current Buy	Get Alert
May 1, 2024	147.79%	Neal DingmannTruist Securities 59%	55 56	Previous Buy Current Buy	Get Alert
Apr 23, 2024	143.36%	Derrick WhitfieldStifel 52%	54 55	Previous Buy Current Buy	Get Alert
Apr 19, 2024	85.84%	Mark LearPiper Sandler 61%	38 42	Previous Neutral Current Neutral	Get Alert
Apr 15, 2024	81.42%	Devin McDermottMorgan Stanley 76%	38 41	Previous Equal-Weight Current Equal-Weight	Get Alert
Apr 5, 2024	143.36%	Neal DingmannTruist Securities 59%	55 56	Previous Buy Current Buy	Get Alert
Mar 28, 2024	68.14%	Devin McDermottMorgan Stanley 76%	38 39	Previous Equal-Weight Current Equal-Weight	Get Alert
Mar 21, 2024	125.66%	Lloyd ByrneJefferies 74%	45 51	Previous Buy Current Buy	Get Alert
Mar 6, 2024	103.54%	Scott HanoldRBC Capital 59%	46 46	Previous Outperform Current Outperform	Get Alert
Feb 28, 2024	99.12%	Scott GruberCitigroup 63%	45 50	Previous Buy Current Buy	Get Alert
Feb 20, 2024	103.54%	Scott HanoldRBC Capital 59%	46 46	Previous Outperform Current Outperform	Get Alert
Feb 16, 2024	68.14%	Mark LearPiper Sandler 61%	38 39	Previous Neutral Current Neutral	Get Alert
Feb 16, 2024	147.79%	Neal DingmannTruist Securities 59%	56 58	Previous Buy Current Buy	Get Alert
Jan 24, 2024	99.12%	John FreemanRaymond James 76%	45 51	Previous Strong Buy Current Strong Buy	Get Alert
Jan 24, 2024	72.57%	Mark LearPiper Sandler 61%	39 44	Previous Neutral Current Neutral	Get Alert
Jan 23, 2024	130.09%	Derrick WhitfieldStifel 52%	52 54	Previous Buy Current Buy	Get Alert
Jan 5, 2024	72.57%	Noah HungnessB of A Securities 49%	39	Previous Buy Current Underperform	Get Alert
Jan 5, 2024	76.99%	Devin McDermottMorgan Stanley 76%	40	Previous Initiates Current Equal-Weight	Get Alert
Dec 4, 2023	143.36%	Neal DingmannTruist Securities 59%	55	Previous Buy Current Buy	Get Alert
Nov 30, 2023	138.94%	Derrick WhitfieldStifel 52%	53 54	Previous Buy Current Buy	Get Alert
Nov 28, 2023	103.54%	Scott HanoldRBC Capital 59%	46	Previous Outperform Current Outperform	Get Alert
Nov 22, 2023	94.69%	Mark LearPiper Sandler 61%	43 44	Previous Neutral Current Neutral	Get Alert
Nov 22, 2023	125.66%	John FreemanRaymond James 76%	51 55	Previous Strong Buy Current Strong Buy	Get Alert
Sep 8, 2023	138.94%	John FreemanRaymond James 76%	44 54	Previous Strong Buy Current Strong Buy	Get Alert
Aug 24, 2023	103.54%	Scott HanoldRBC Capital 59%	42 46	Previous Outperform Current Outperform	Get Alert
Aug 21, 2023	138.94%	Donovan SchaferNorthland Capital Markets 55%	48 54	Previous Outperform Current Outperform	Get Alert
Aug 18, 2023	116.81%	Derrick WhitfieldStifel 52%	43 49	Previous Buy Current Buy	Get Alert
Aug 14, 2023	103.54%	Mark LearPiper Sandler 61%	46	Previous Overweight Current Neutral	Get Alert
Aug 9, 2023	121.24%	Scott GruberCitigroup 63%	45 50	Previous Buy Current Buy	Get Alert
Aug 7, 2023	121.24%	Lloyd ByrneJefferies 74%	41 50	Previous Buy Current Buy	Get Alert
Aug 7, 2023	147.79%	Neal DingmannTruist Securities 59%	54 56	Previous Buy Current Buy	Get Alert
Jul 26, 2023	85.84%	Scott HanoldRBC Capital 59%	42	Previous Outperform Current Outperform	Get Alert
Jul 24, 2023	90.27%	Derrick WhitfieldStifel 52%	42 43	Previous Buy Current Buy	Get Alert
Jul 24, 2023	94.69%	John FreemanRaymond James 76%	44 48	Previous Strong Buy Current Strong Buy	Get Alert
Jul 24, 2023	134.51%	Neal DingmannTruist Securities 59%	53 60	Previous Buy Current Buy	Get Alert
Jul 13, 2023	99.12%	Scott GruberCitigroup 63%	42 45	Previous Buy Current Buy	Get Alert
Jul 11, 2023	85.84%	Scott HanoldRBC Capital 59%	42 45	Previous Outperform Current Outperform	Get Alert
Jun 20, 2023	165.49%	Neal DingmannTruist Securities 59%	58 60	Previous Buy Current Buy	Get Alert
Jun 13, 2023	85.84%	Mark LearPiper Sandler 61%	42 47	Previous Overweight Current Overweight	Get Alert
Jun 8, 2023	112.39%	John FreemanRaymond James 76%	48 52	Previous Strong Buy Current Strong Buy	Get Alert
May 30, 2023	85.84%	Derrick WhitfieldStifel 52%	42 43	Previous Buy Current Buy	Get Alert
May 18, 2023	107.96%	Mark LearPiper Sandler 61%	47 50	Previous Overweight Current Overweight	Get Alert
May 17, 2023	99.12%	Scott HanoldRBC Capital 59%	45	Previous Outperform Current Outperform	Get Alert
May 16, 2023	156.64%	Neal DingmannTruist Securities 59%	58 60	Previous Buy Current Buy	Get Alert
May 8, 2023	165.49%	Neal DingmannTruist Securities 59%	59 60	Previous Current Buy	Get Alert
Apr 27, 2023	90.27%	Derrick WhitfieldStifel 52%	40 43	Previous Current Buy	Get Alert
Apr 21, 2023	130.09%	John FreemanRaymond James 76%	47 52	Previous Current Strong Buy	Get Alert
Apr 11, 2023	161.06%	Neal DingmannTruist Securities 59%	44 59	Previous Current Buy	Get Alert
Mar 27, 2023	107.96%	John FreemanRaymond James 76%	47 50	Previous Current Strong Buy	Get Alert
Mar 17, 2023	103.54%	Scott HanoldRBC Capital 59%	46	Previous Current Outperform	Get Alert
Mar 7, 2023	121.24%	Mark LearPiper Sandler 61%	50 55	Previous Current Overweight	Get Alert
Feb 7, 2023	94.69%	Neal DingmannTruist Securities 59%	44 54	Previous Current Buy	Get Alert
Feb 7, 2023	121.24%	John FreemanRaymond James 76%	50 55	Previous Current Strong Buy	Get Alert
Jan 4, 2023	143.36%	John FreemanRaymond James 76%	55 60	Previous Current Strong Buy	Get Alert

FAQ

What is the target price for Northern Oil & Gas (NOG) stock?

The latest price target for Northern Oil & Gas (NYSE:NOG) was reported by Mizuho on December 12, 2025. The analyst firm set a price target for $30.00 expecting NOG to rise to within 12 months (a possible 32.74% upside). 30 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Northern Oil & Gas (NOG)?

The latest analyst rating for Northern Oil & Gas (NYSE:NOG) was provided by Mizuho, and Northern Oil & Gas maintained their neutral rating.

When was the last upgrade for Northern Oil & Gas (NOG)?

There is no last upgrade for Northern Oil & Gas

When was the last downgrade for Northern Oil & Gas (NOG)?

The last downgrade for Northern Oil & Gas Inc happened on August 18, 2025 when Morgan Stanley changed their price target from $29 to $27 for Northern Oil & Gas Inc.

When is the next analyst rating going to be posted or updated for Northern Oil & Gas (NOG)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Northern Oil & Gas, 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 Northern Oil & Gas was filed on December 12, 2025 so you should expect the next rating to be made available sometime around December 12, 2026.

Is the Analyst Rating Northern Oil & Gas (NOG) correct?

While ratings are subjective and will change, the latest Northern Oil & Gas (NOG) rating was a maintained with a price target of $28.00 to $30.00. The current price Northern Oil & Gas (NOG) is trading at is $22.60, which is out of the analyst’s predicted range.

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