Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
34.74
+1.14 (3.39%)
At close: Jun 9, 2026, 4:00 PM EDT
34.55
-0.19 (-0.55%)
After-hours: Jun 9, 2026, 7:14 PM EDT

MEC Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, MEC stock has a consensus rating of "Strong Buy" and an average price target of $33.7. The average 1-year stock price forecast is 2.99% lower than the current stock price, while the lowest is $30 (-13.64%) and the highest is $39.5 (+13.70%).

Price Target: $33.7 (-2.99%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$30$33.7$33$39.5
Change-13.64%-2.99%-5.01%+13.70%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy445555
Buy000000
Hold110000
Sell000000
Strong Sell000000
Total555555

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Craig-Hallum
Craig-Hallum
Buy
Maintains
$30$34
BuyMaintains$30$34-2.13%Jun 1, 2026
Northland Securities
Northland Securities
Buy
Maintains
$30
BuyMaintains$30-13.64%Jun 1, 2026
D.A. Davidson
D.A. Davidson
Buy
Maintains
$23$32
BuyMaintains$23$32-7.89%May 11, 2026
William Blair
William Blair
Buy
Reiterates
n/a
BuyReiteratesn/an/aMay 7, 2026
Citi
Citi
Buy
Reiterates
$24$25
BuyReiterates$24$25-28.04%Mar 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
603.02M
from 546.49M
Increased by 10.35%
Revenue Next Year
674.98M
from 603.02M
Increased by 11.93%
EPS This Year
0.10
from 0.31
Decreased by -67.80%
EPS Next Year
1.27
from 0.10
Increased by 1,175.96%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
454.83M539.39M588.43M581.60M546.49M603.02M
Revenue Growth
27.19%18.59%9.09%-1.16%-6.04%10.35%
Gross Profit
56.66M61.07M75.75M77.36M62.87M67.14M
Gross Margin
12.46%11.32%12.87%13.30%11.51%11.13%
Operating Income
8.76M21.43M24.25M21.14M1.03M6.75M
Net Income
-7.45M18.73M7.84M25.97M-8.11M-7.12M
EPS
----0.310.10
EPS Growth
-----50.00%-67.80%
Forward PE
13.7812.5717.1037.7785.17348.03
Free Cash Flow
-15.59M-6.21M7.86M51.82M21.41M30.50M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High610.6M
Avg603.0M
Low591.1M

Revenue Growth

Revenue Growth202620272028
High
11.7%
Avg
10.3%
Low
8.2%

EPS Forecast

EPS202620272028
High0.15
Avg0.10
Low0.05

EPS Growth

EPS Growth202620272028
High
-51.6%
Avg
-67.8%
Low
-84.0%