15 Best Affordable Stocks to Buy According to Analysts

3. Matador Resources Company (NYSE:MTDR)

Forward P/E Ratio: 7.15

Number of Hedge Fund Holders: 32

Analyst Upside Potential: 43.75%

Matador Resources Company (NYSE:MTDR) is one of the Best Affordable Stocks to Buy According to Analysts. On December 19, Tim Rezvan from KeyBanc reiterated a Buy rating on the stock with a $52 price target. On the same day, William Janela from Mizuho Securities also reiterated a Buy rating on the stock with a price target of $70.

Analyst Rezvan from KeyBanc noted the firm maintained its bullish sentiment on the stock after meeting with the company’s management. The analyst noted that the discussion revolved around the company’s M&A opportunities and capital flexibility in 2026. KeyBanc noted that the company’s informal 2026 guidance suggests modest growth along with a 10% lower capital expenditure.

On the other hand, Janela from Mizuho Securities noted that they also reaffirmed their positive outlook on the stock after the company’s investor day event. The firm noted that management believes that returns will drive their 2026 drilling program, with oilfield service costs relative to oil prices as a primary factor. The company is actively bidding for these services. Moreover, management also highlighted potential monetization of its midstream business through asset drop-downs to streamline and expand operations. The firm believes these efforts could result in $400 million EBITDA annually by the end of 2026.

Matador Resources Company (NYSE:MTDR) is an energy firm focused on oil and natural gas exploration, development, and production in the U.S. with an emphasis on oil and natural gas shale and other unconventional plays. ​