Mayville Engineering Company, Inc. (MEC)

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 $24.33, which forecasts a 45.95% increase in the stock price over the next year. The lowest target is $23 and the highest is $25.

Price Target: $24.33 (+45.95%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$23	$24.33	$25	$25
Change	+37.97%	+45.95%	+49.97%	+49.97%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	1
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	2	2	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Shlisky DA Davidson	DA Davidson	Strong Buy Maintains $21 → $23	Strong Buy	Maintains	$21 → $23	+37.97%	Mar 9, 2026
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $24 → $25	Strong Buy	Maintains	$24 → $25	+49.97%	Mar 5, 2026
Ted Jackson Northland Capital Markets	Northland Capital Markets	Hold → Buy Upgrades $20 → $25	Hold → Buy	Upgrades	$20 → $25	+49.97%	Mar 5, 2026
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $21 → $24	Strong Buy	Maintains	$21 → $24	+43.97%	Jan 12, 2026
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $17 → $21	Strong Buy	Maintains	$17 → $21	+25.97%	Jul 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

608.03M

Increased by 11.26%

from 546.49M

Revenue Next Year

658.41M

Increased by 8.29%

from 608.03M

EPS This Year

0.07

from -0.40

EPS Next Year

0.72

Increased by 993.94%

from 0.07

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	454.83M	539.39M	588.43M	581.60M	546.49M	608.03M	658.41M
Revenue Growth	27.19%	18.59%	9.09%	-1.16%	-6.04%	11.26%	8.29%
EPS	-0.37	0.91	0.38	1.24	-0.40	0.07	0.72
EPS Growth	-	-	-58.24%	226.32%	-	-	993.94%
Forward PE	-	-	-	-	-	253.14	23.14
No. Analysts	-	-	-	-	-	6	5

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

Revenue Forecast

Revenue	2026	2027	2029
High	679.3M	723.4M
Avg	608.0M	658.4M
Low	563.1M	598.3M

Revenue Growth

Revenue Growth	2026	2027	2029
High	24.3%	19.0%
Avg	11.3%	8.3%
Low	3.0%	-1.6%

EPS Forecast

EPS	2026	2027
High	0.53	1.42
Avg	0.07	0.72
Low	-0.44	-0.14

EPS Growth

EPS Growth	2026	2027
High	-	2,052.6%
Avg	-	993.9%
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.