Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
16.19
+0.38 (2.40%)
At close: Jun 27, 2025, 4:00 PM
16.19
0.00 (0.00%)
After-hours: Jun 27, 2025, 7:00 PM EDT
MEC Stock Forecast
Stock Price Forecast
According to 3 professional analysts, the 12-month price target for MEC stock ranges from a low of $16 to a high of $23. The average analyst price target of $19.67 forecasts a 21.49% increase in the stock price over the next year.
Price Target: $19.67 (+21.49%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MEC stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +42.06% | Jun 17, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | -1.17% | Apr 14, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $22 → $18 | Strong Buy | Maintains | $22 → $18 | +11.18% | Mar 6, 2025 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +23.53% | Nov 7, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $30 | Buy | Reiterates | $30 | +85.30% | Oct 8, 2024 |
Financial Forecast
Revenue This Year
586.52M
from 581.60M
Increased by 0.85%
Revenue Next Year
652.71M
from 586.52M
Increased by 11.29%
EPS This Year
0.54
from 1.24
Decreased by -56.83%
EPS Next Year
1.08
from 0.54
Increased by 101.26%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 629.1M | 700.1M | 691.6M | ||
| Avg | 586.5M | 652.7M | 659.0M | ||
| Low | 559.2M | 594.7M | 633.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.2% | 19.4% | 6.0% | ||
| Avg | 0.8% | 11.3% | 1.0% | ||
| Low | -3.9% | 1.4% | -3.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.76 | 1.89 | 1.41 |
| Avg | 0.54 | 1.08 | 0.99 |
| Low | 0.33 | 0.60 | 0.61 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -39.0% | 253.1% | 30.6% |
| Avg | -56.8% | 101.3% | -8.1% |
| Low | -73.1% | 11.7% | -43.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.