Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
18.85
+0.40 (2.17%)
Dec 23, 2025, 10:51 AM EST - Market open

MEC Stock Forecast

Stock Price Forecast

The 2 analysts that cover MEC stock have a consensus rating of "Strong Buy" and an average price target of $22, which forecasts a 16.71% increase in the stock price over the next year. The lowest target is $21 and the highest is $23.

Price Target: $22 (+16.71%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$21$22$23$23
Change+11.41%+16.71%+22.02%+22.02%
* Price targets were last updated on Jul 14, 2025.

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

RatingJul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy222222
Buy000000
Hold111110
Sell000000
Strong Sell000000
Total333332

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citigroup
Citigroup
Strong Buy
Maintains
$17$21
Strong BuyMaintains$17$21+11.41%Jul 14, 2025
DA Davidson
DA Davidson
Strong Buy
Initiates
$23
Strong BuyInitiates$23+22.02%Jun 17, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$18$16
Strong BuyMaintains$18$16-15.12%Apr 14, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$22$18
Strong BuyMaintains$22$18-4.51%Mar 6, 2025
Northland Capital Markets
Northland Capital Markets
Hold
Downgrades
$30$20
HoldDowngrades$30$20+6.10%Nov 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
550.18M
from 581.60M
Decreased by -5.40%
Revenue Next Year
603.73M
from 550.18M
Increased by 9.73%
EPS This Year
-0.34
from 1.24
EPS Next Year
0.20
from -0.34
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
357.61M454.83M539.39M588.43M581.60M550.18M603.73M
Revenue Growth
-31.19%27.19%18.59%9.09%-1.16%-5.40%9.73%
EPS
-0.36-0.370.910.381.24-0.340.20
EPS Growth
----58.24%226.32%--
Forward PE
------92.05
No. Analysts
-----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High582.7M673.7M
Avg550.2M603.7M
Low526.1M563.1M

Revenue Growth

Revenue Growth202520262027
High
0.2%
22.4%
Avg
-5.4%
9.7%
Low
-9.5%
2.3%

EPS Forecast

EPS202520262027
High-0.290.54
Avg-0.340.20
Low-0.39-0.12

EPS Growth

EPS Growth202520262027
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.