Rating Change
JP Morgan analysts initiated coverage on MGE Energy, Inc. (NASDAQ:MGEE) with a rating of Neutral on October 15, 2026.
new coverageNASDAQ:MGEE
JP Morgan Initiates Coverage on MGE Energy, Inc. (MGEE) with Neutral
JP Morgan analysts initiated coverage on MGE Energy, Inc. (NASDAQ:MGEE) with a rating of Neutral on October 15, 2026.
At publication ·
What changed
MGE Energy, Inc. (NASDAQ:MGEE) · new coverage
- Firm
- JP Morgan
- Rating
- Neutral
- Price at event
- $71.40
- Market capitalization
- $2.9B
At a glance
Key takeaways
- JP Morgan initiated coverage on MGE Energy (MGEE) with a Neutral rating on October 15, 2026, as the stock trades at $71.40 with a $2.9B market capitalization.
Market Context
MGE Energy, Inc. operates in the Utilities sector. The stock currently trades at $71.40 with a market capitalization of $2.9B. The stock has declined 15.4% over the past 52 weeks.
Analyst coverage from JP Morgan provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for MGE Energy, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for MGE Energy, Inc.
Among the 10 most recent ratings: 1 Buy, 3 Hold, 6 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 15, 2026 | JP Morgan | Neutral | N/A |
| Sep 24, 2026 | B of A Securities | Neutral | N/A |
| Sep 18, 2026 | Morgan Stanley | Underweight | N/A |
| Aug 21, 2026 | Morgan Stanley | Underweight | N/A |
| Jun 08, 2026 | Ladenburg Thalmann | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View MGEE Stock Page
Frequently Asked Questions
What does the Neutral rating mean for MGEE?
A rating of Neutral from JP Morgan reflects the analyst's outlook on MGE Energy, Inc. (NASDAQ:MGEE). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the MGEE forecast page.