Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
15.01
+0.14 (0.94%)
At close: Sep 8, 2025, 4:00 PM
15.01
0.00 (0.00%)
After-hours: Sep 8, 2025, 4:00 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 $21.33, which forecasts a 42.11% increase in the stock price over the next year. The lowest target is $20 and the highest is $23.

Price Target: $21.33 (+42.11%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$20$21.33$21$23
Change+33.24%+42.11%+39.91%+53.23%
* 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

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy222222
Buy000000
Hold111111
Sell000000
Strong Sell000000
Total333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citigroup
Citigroup
Strong Buy
Maintains
$17$21
Strong BuyMaintains$17$21+39.91%Jul 14, 2025
DA Davidson
DA Davidson
Strong Buy
Initiates
$23
Strong BuyInitiates$23+53.23%Jun 17, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$18$16
Strong BuyMaintains$18$16+6.60%Apr 14, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$22$18
Strong BuyMaintains$22$18+19.92%Mar 6, 2025
Northland Capital Markets
Northland Capital Markets
Hold
Downgrades
$30$20
HoldDowngrades$30$20+33.24%Nov 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
548.36M
from 581.60M
Decreased by -5.72%
Revenue Next Year
643.67M
from 548.36M
Increased by 17.38%
EPS This Year
0.08
from 1.24
Decreased by -93.48%
EPS Next Year
0.77
from 0.08
Increased by 856.25%
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
357.61M454.83M539.39M588.43M581.60M548.36M643.67M
Revenue Growth
-31.19%27.19%18.59%9.09%-1.16%-5.72%17.38%
EPS
-0.36-0.370.910.381.240.080.77
EPS Growth
----58.24%226.32%-93.48%856.25%
Forward PE
-----185.7719.43
No. Analysts
-----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High576.3M683.9M
Avg548.4M643.7M
Low528.3M609.9M

Revenue Growth

Revenue Growth20252026202720282029
High
-0.9%
24.7%
Avg
-5.7%
17.4%
Low
-9.2%
11.2%

EPS Forecast

EPS202520262027
High0.361.21
Avg0.080.77
Low-0.140.57

EPS Growth

EPS Growth202520262027
High
-71.2%
1,394.4%
Avg
-93.5%
856.3%
Low-
603.5%
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.