Methode Electronics, Inc. (MEI)

Methode Electronics Stock Forecast

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for Methode Electronics stock ranges from a low of $7.00 to a high of $14. The average analyst price target of $10.5 forecasts a 51.08% increase in the stock price over the next year.

Price Target: $10.50 (+51.08%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$7.00	$10.5	$14	$14
Change	+0.72%	+51.08%	+101.44%	+101.44%

* Price targets were last updated on Apr 15, 2025.

Analyst Ratings

The average analyst rating for Methode Electronics stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	2	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Luke Junk Baird	Baird	Hold Maintains $9 → $7	Hold	Maintains	$9 → $7	+0.72%	Apr 15, 2025
Luke Junk Baird	Baird	Hold Maintains $14 → $9	Hold	Maintains	$14 → $9	+29.50%	Mar 7, 2025
John Franzreb Sidoti & Co.	Sidoti & Co.	Hold → Strong Buy Upgrades $14	Hold → Strong Buy	Upgrades	$14	+101.44%	Feb 25, 2025
Luke Junk Baird	Baird	Hold Maintains $13 → $16	Hold	Maintains	$13 → $16	+130.22%	Dec 6, 2024
Luke Junk Baird	Baird	Hold Maintains $15 → $13	Hold	Maintains	$15 → $13	+87.05%	Sep 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.01B

Decreased by -3.73%

from 1.05B

Revenue Next Year

1.03B

Increased by 2.28%

from 1.01B

EPS This Year

0.46

from -1.77

EPS Next Year

1.06

Increased by 128.26%

from 0.46

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 1, 2021	Apr 30, 2022	Apr 29, 2023	Apr 27, 2024	May 3, 2025	May 3, 2026	May 3, 2027
Revenue	1.09B	1.16B	1.18B	1.11B	1.05B	1.01B	1.03B
Revenue Growth	6.26%	6.95%	1.38%	-5.52%	-5.96%	-3.73%	2.28%
EPS	3.19	2.70	2.10	-3.48	-1.77	0.46	1.06
EPS Growth	-2.15%	-15.36%	-22.22%	-	-	-	128.26%
Forward PE	-	-	-	-	-	14.96	6.55
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.1B
Avg	1.0B	1.0B
Low	889.6M	932.6M

Revenue Growth

Revenue Growth	2026	2027
High	5.3%	13.6%
Avg	-3.7%	2.3%
Low	-15.1%	-7.6%

EPS Forecast

EPS	2026	2027
High	0.70	1.27
Avg	0.46	1.06
Low	0.25	0.87

EPS Growth

EPS Growth	2026	2027
High	-	173.5%
Avg	-	128.3%
Low	-	87.7%

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.