Morgan Stanley Reiterates Underweight Rating on Northern Oil and Gas, Inc. (NOG)

Market Context

Northern Oil and Gas, Inc. operates in the Energy sector. The stock currently trades at $17.77 with a market capitalization of $2.3B. The stock has declined 36.0% over the past 52 weeks.

Analyst coverage from Morgan Stanley 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 Northern Oil and Gas, 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 Northern Oil and Gas, Inc.

Among the 10 most recent ratings: 6 Buy, 2 Hold, 2 Sell.

Date	Firm	Rating	Price Target
Jun 29, 2026	Morgan Stanley	Underweight	N/A
Jun 15, 2026	Raymond James	Outperform	N/A
May 22, 2026	Morgan Stanley	Underweight	N/A
May 21, 2026	Raymond James	Outperform	N/A
May 20, 2026	Johnson Rice	Hold	N/A

Related Tools: Analyst Ratings Dashboard | View NOG Stock Page