Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
15.92
+0.23 (1.47%)
At close: Jun 18, 2025, 4:00 PM
16.11
+0.19 (1.19%)
After-hours: Jun 18, 2025, 7:14 PM EDT
MEC Stock Forecast
Stock Price Forecast
The 3 analysts that cover MEC stock have a consensus rating of "Strong Buy" and an average price target of $19.67, which forecasts a 23.56% increase in the stock price over the next year. The lowest target is $16 and the highest is $23.
Price Target: $19.67 (+23.56%)
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 | +44.47% | Jun 17, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +0.50% | Apr 14, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $22 → $18 | Strong Buy | Maintains | $22 → $18 | +13.07% | Mar 6, 2025 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +25.63% | Nov 7, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $30 | Buy | Reiterates | $30 | +88.44% | Oct 8, 2024 |
Financial Forecast
Revenue This Year
577.01M
from 581.60M
Decreased by -0.79%
Revenue Next Year
634.16M
from 577.01M
Increased by 9.90%
EPS This Year
0.60
from 1.24
Decreased by -51.94%
EPS Next Year
1.11
from 0.60
Increased by 87.01%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 601.1M | 700.1M | 678.6M | ||
| Avg | 577.0M | 634.2M | 627.5M | ||
| Low | 559.2M | 594.7M | 584.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.3% | 21.3% | 7.0% | ||
| Avg | -0.8% | 9.9% | -1.1% | ||
| Low | -3.9% | 3.1% | -7.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.76 | 1.89 | 1.41 |
| Avg | 0.60 | 1.11 | 1.02 |
| Low | 0.45 | 0.71 | 0.67 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -39.0% | 217.2% | 26.3% |
| Avg | -51.9% | 87.0% | -8.5% |
| Low | -63.6% | 18.4% | -40.2% |
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.