Fintel reports that on May 12, 2026, Truist Securities upgraded their outlook for Matador Resources (NYSE:MTDR) from Hold to Buy.
Analyst Price Forecast Suggests 31.33% Upside
As of April 28, 2026, the average one-year price target for Matador Resources is $73.98/share. The forecasts range from a low of $60.60 to a high of $115.50. The average price target represents an increase of 31.33% from its latest reported closing price of $56.33 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Matador Resources is 3,386MM, a decrease of 5.73%. The projected annual non-GAAP EPS is 8.14.
What is the Fund Sentiment?
There are 489 funds or institutions reporting positions in Matador Resources. This is an decrease of 388 owner(s) or 44.24% in the last quarter. Average portfolio weight of all funds dedicated to MTDR is 0.14%, an increase of 51.36%. Total shares owned by institutions decreased in the last three months by 6.60% to 128,292K shares. 
The put/call ratio of MTDR is 0.35, indicating a bullish outlook.
What are Other Shareholders Doing?
Vanguard Portfolio Management holds 8,464K shares representing 6.81% ownership of the company.
Vanguard Capital Management holds 5,071K shares representing 4.08% ownership of the company.
Lsv Asset Management holds 3,848K shares representing 3.10% ownership of the company. In its prior filing, the firm reported owning 3,842K shares , representing an increase of 0.15%. The firm increased its portfolio allocation in MTDR by 47.34% over the last quarter.
Wellington Management Group Llp holds 3,406K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 2,064K shares , representing an increase of 39.40%. The firm decreased its portfolio allocation in MTDR by 77.89% over the last quarter.
Adage Capital Partners Gp, L.l.c. holds 3,366K shares representing 2.71% ownership of the company. In its prior filing, the firm reported owning 2,981K shares , representing an increase of 11.44%. The firm increased its portfolio allocation in MTDR by 1.92% over the last quarter.
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