Roth Capital cuts target for MGP Ingredients stock to USD 30.00

Published on 10/20/2026 at 22:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MGP Ingredients will report third-quarter results on October 28, 2026. MGP Ingredients stock costs EUR 13.45 on October 20, 2026 at 10:01 p.m. CEST.

Analyst target and results date

Roth Capital cut its MGP Ingredients target from USD 32.00 to USD 30.00 on October 16, 2026.
Second-quarter revenue fell 15.00 percent year over year to USD 124.36 million.
MGP Ingredients stock costs EUR 13.45 at Lang & Schwarz on October 20, 2026 at 10:01 p.m. CEST.
MGP Ingredients will report third-quarter results on October 28, 2026.

MGPI, US55303J1060, Illustration mit AI erstellt.

Roth Capital cut its MGP Ingredients target from USD 32.00 to USD 30.00 on October 16, 2026, while keeping a Buy rating, Markets Insider reported. The new target stood 98.28 percent above the USD 15.13 primary-market quote on October 20, 2026. At Lang & Schwarz, MGPI was trading at EUR 13.45 on October 20, 2026 at 10:01 p.m. CEST.

Quarterly pressure remains visible

MGP Ingredients generated USD 124.36 million in second-quarter 2026 revenue, down 15.00 percent from USD 145.49 million a year earlier. Net income fell 17.00 percent to USD 11.85 million, or USD 0.55 per share, from USD 14.27 million, or USD 0.67 per share, according to Food Business News on October 16, 2026.

Adjusted EBITDA declined 23.00 percent to USD 27.61 million from USD 35.89 million in the second quarter of 2025. The result followed substantial losses in the two preceding quarters, which included goodwill and indefinite-lived intangible-asset impairment charges, the report said.

Stock sits within a wide range

The latest primary-market quote was USD 15.13, against a 52-week range of USD 12.42 to USD 26.77 as of October 20, 2026. That places the stock USD 2.71 above its yearly low and USD 11.64 below its yearly high. Market capitalization was USD 324.0 million, while trading volume reached 221,421 shares.

Results date sets the next marker

MGP Ingredients is scheduled to report third-quarter 2026 results on October 28, 2026, with the conference call set for 10:00 a.m. ET, according to the company's investor-relations page. The company also says its business spans Branded Spirits, Distilling Solutions and Ingredient Solutions, giving the upcoming report three operating areas to track.

What does the target cut mean?

The USD 2.00 reduction leaves Roth Capital's target well above the primary-market quote, but the accompanying outlook described continued declines in sales, gross margin and adjusted EBITDA. The second-quarter figures show why the margin trajectory remains central: adjusted EBITDA fell USD 8.28 million year over year, even as net income returned to positive territory after impairment-heavy quarters.

Price and investor perspective

MGPI combines a USD 324.0 million market value with a 52-week high of USD 26.77 and second-quarter revenue of USD 124.36 million. The next results release on October 28, 2026 will provide the next dated test of sales and profitability trends.

The further course of trading is shown by the continuously updated real-time quote of MGP Ingredients stock.