Montrose Environmental Group, Inc. (MEG)
NYSE: MEG · Real-Time Price · USD
19.33
+1.76 (10.02%)
At close: May 12, 2025, 4:00 PM
19.03
-0.30 (-1.55%)
After-hours: May 12, 2025, 7:33 PM EDT
MEG Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MEG stock have an average target of 31.8, with a low estimate of 29 and a high estimate of 38. The average target predicts an increase of 64.51% from the current stock price of 19.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MEG stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $28 → $30 | Strong Buy | Maintains | $28 → $30 | +55.20% | May 9, 2025 |
| Needham | Needham | Strong Buy Maintains $39 → $28 | Strong Buy | Maintains | $39 → $28 | +44.85% | Apr 4, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +101.76% | Mar 4, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $40 → $33 | Buy | Maintains | $40 → $33 | +70.72% | Feb 10, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +101.76% | Jan 28, 2025 |
Financial Forecast
Revenue This Year
761.87M
from 696.40M
Increased by 9.40%
Revenue Next Year
818.98M
from 761.87M
Increased by 7.50%
EPS This Year
-0.82
from -2.22
EPS Next Year
-0.22
from -0.82
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 798.2M | 860.0M | 1.0B |
| Avg | 761.9M | 819.0M | 1.0B |
| Low | 720.8M | 785.3M | 978.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.6% | 12.9% | 28.0% |
| Avg | 9.4% | 7.5% | 23.1% |
| Low | 3.5% | 3.1% | 19.4% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.36 | 0.49 |
| Avg | -0.82 | -0.22 |
| Low | -1.26 | -0.89 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.