Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
15.09
+0.34 (2.31%)
At close: May 12, 2025, 4:00 PM
15.09
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
MEC Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MEC stock have an average target of 20, with a low estimate of 16 and a high estimate of 24. The average target predicts an increase of 32.54% from the current stock price of 15.09.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MEC stock from 3 stock analysts 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '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 |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +6.03% | Apr 14, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $22 → $18 | Strong Buy | Maintains | $22 → $18 | +19.28% | Mar 6, 2025 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +32.54% | Nov 7, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $30 | Buy | Reiterates | $30 | +98.81% | Oct 8, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $20 → $30 | Buy | Maintains | $20 → $30 | +98.81% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
576.63M
from 581.60M
Decreased by -0.86%
Revenue Next Year
631.31M
from 576.63M
Increased by 9.48%
EPS This Year
0.49
from 1.24
Decreased by -60.52%
EPS Next Year
1.11
from 0.49
Increased by 126.48%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 599.9M | 691.3M | 678.6M | ||
| Avg | 576.6M | 631.3M | 627.5M | ||
| Low | 559.2M | 594.7M | 584.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.1% | 19.9% | 7.5% | ||
| Avg | -0.9% | 9.5% | -0.6% | ||
| Low | -3.9% | 3.1% | -7.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.68 | 1.89 | 1.39 |
| Avg | 0.49 | 1.11 | 1.01 |
| Low | 0.34 | 0.71 | 0.67 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -45.0% | 286.1% | 25.2% |
| Avg | -60.5% | 126.5% | -8.8% |
| Low | -72.8% | 44.1% | -39.9% |
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.