MGE Energy Inc. (MGEE) Stock Analysis
Recovery setup
Utilities · Utilities - Regulated Electric
Sell if holding. Analyst target reached at $77.20 — A.R:R is negative (-2.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Madison area (Fitchburg, Madison, Middleton, and Monona, Wisconsin) (91.0%).
MGE Energy is a Wisconsin-based regulated utility holding company operating electric and natural gas distribution through Madison Gas and Electric and a natural gas pipeline, primarily serving Dane County (Madison area). Electric operations represent ~72% of MGE's regulated... Read more
Sell if holding. Analyst target reached at $77.20 — A.R:R is negative (-2.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Madison area (Fitchburg, Madison, Middleton, and Monona, Wisconsin) (91.0%). Chart setup: Death cross but MACD improving, RSI 56. Score 5.4/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-15Recent Developments — MGE Energy Inc.
Latest news
- NEWS MGE Energy stock rises above $76.90 resistance despite mixed signals and storm risk - Traders Union — Traders Union positive
- NEWS MGE Energy stock trades at top of weekly range as price recovery faces resistance - Traders Union — Traders Union positive
- NEWS MGE Energy stock holds near resistance with upside momentum fading - Traders Union — Traders Union positive
- NEWS MGEE Q1 2026 Earnings: EPS Beats Estimates by 14.5%, Shares Edge Higher - Margin Guidance - newsline.com — newsline.com positive
- NEWS MGEE Q1 2026 Earnings: EPS Beats Estimates by 14.5%, Shares Edge Higher - Estimate Dispersion - newsline.com — newsline.com positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicMadison area (Fitchburg, Madison, Middleton, and Monona, Wisconsin)91%10-K Item 1: 'approximately 91% located in the cities of Fitchburg, Madison, Middleton, and Monona, Wisconsin'
- MEDIUMregulatoryPSCW / FERC10-K Item 1: 'As a public utility, MGE is subject to regulation by the PSCW and the FERC'
Material Events(8-K, last 90d)
- 2026-04-21Item 5.02LOWJared Bushek promoted from VP – CFO to EVP – CFO of MGE Energy and MGE, effective May 1, 2026. Retention award granted. No change in CFO identity.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $77.20 — A.R:R is negative (-2.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Madison area (Fitchburg, Madison, Middleton, and Monona, Wisconsin) (91.0%). Chart setup: Death cross but MACD improving, RSI 56. Prior stop was $73.25. Score 5.4/10, moderate confidence.
Take-profit target: $77.25 (+0.2% upside). Prior stop was $73.25. Stop-loss: $73.25.
Concentration risk — Geographic: Madison area (Fitchburg, Madison, Middleton, and Monona, Wisconsin) (91.0%); Analyst target reached - limited upside remaining; Below 200-MA, MA slope -1.4%/30d (confirmed downtrend).
MGE Energy Inc. trades at a P/E of 19.9 (forward 18.7). TrendMatrix value score: 5.6/10. Verdict: Sell.
7 analysts cover MGEE with a consensus score of 2.1/5. Average price target: $76.
What does MGE Energy Inc. do?MGE Energy is a Wisconsin-based regulated utility holding company operating electric and natural gas distribution...
MGE Energy is a Wisconsin-based regulated utility holding company operating electric and natural gas distribution through Madison Gas and Electric and a natural gas pipeline, primarily serving Dane County (Madison area). Electric operations represent ~72% of MGE's regulated revenues, serving approximately 170,000 electric customers with ~91% concentrated in the cities of Fitchburg, Madison, Middleton, and Monona.