Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
15.76
-0.18 (-1.13%)
At close: May 28, 2025, 4:00 PM
15.76
0.00 (0.00%)
After-hours: May 28, 2025, 4:10 PM EDT
MEC Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for MEC stock ranges from a low of $16 to a high of $20. The average analyst price target of $18 forecasts a 14.21% increase in the stock price over the next year.
Price Target: $18.00 (+14.21%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 14, 2025.
Analyst Ratings
The average analyst rating for MEC stock 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 | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +1.52% | Apr 14, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $22 → $18 | Strong Buy | Maintains | $22 → $18 | +14.21% | Mar 6, 2025 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +26.90% | Nov 7, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $30 | Buy | Reiterates | $30 | +90.36% | Oct 8, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $20 → $30 | Buy | Maintains | $20 → $30 | +90.36% | Jun 14, 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.