MGP Ingredients Receives 'Hold' Rating from Analysts

Analysts give mixed reviews on the distilled spirits and ingredients producer's stock performance

Apr. 13, 2026 at 8:34am

A high-contrast, black-and-white close-up image of the intricate machinery and equipment used in the production of distilled spirits and specialty ingredients, conveying the scale, complexity, and mechanical power of MGP Ingredients' manufacturing operations.MGP Ingredients' distillery and production facilities represent the industrial backbone of the company's distilled spirits and specialty ingredients businesses.Lawrenceburg Today

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading producer of distilled spirits and specialty ingredient solutions, has received a consensus 'Hold' rating from seven research firms currently covering the stock. The analysts' ratings include two 'Sell' recommendations, one 'Hold', and four 'Buy' ratings, with an average 12-month price target of $30.

Why it matters

MGP Ingredients' mixed analyst ratings reflect the company's challenges and opportunities in the competitive distilled spirits and specialty ingredients markets. The stock's performance will be closely watched by investors as the company navigates industry trends and works to grow its premium spirits and ingredient solutions businesses.

The details

The analysts' ratings on MGP Ingredients stock include a range of perspectives. Two firms have issued 'Sell' recommendations, citing factors like the company's recent revenue declines and lowered earnings guidance. One analyst maintained a 'Hold' rating, while four others assigned 'Buy' ratings, pointing to MGP's potential for growth in its premium spirits and ingredient solutions segments.

  • The consensus 'Hold' rating was reported on April 13, 2026.
  • MGP Ingredients set its fiscal year 2026 earnings guidance range at $1.50 to $1.80 per share.

The players

MGP Ingredients, Inc.

A leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries, headquartered in Atchison, Kansas.

Benchmark

An equity research firm that initiated coverage on MGP Ingredients in January 2022, rating the stock a 'Buy' with a $35 price target.

Zacks Research

An equity research firm that lowered its rating on MGP Ingredients from 'Hold' to 'Strong Sell' in January 2022.

Wells Fargo & Company

An equity research firm that cut its price target on MGP Ingredients from $29 to $24, while maintaining an 'Overweight' rating, in February 2026.

Roth Mkm

An equity research firm that reduced its price target on MGP Ingredients from $41 to $32, while keeping a 'Buy' rating, in February 2026.

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What they’re saying

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— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

MGP Ingredients' mixed analyst ratings reflect the company's challenges and opportunities in the competitive distilled spirits and specialty ingredients markets. The stock's performance will be closely watched by investors as the company navigates industry trends and works to grow its premium spirits and ingredient solutions businesses.