Montrose Environmental Group, Inc. (MEG)
NYSE: MEG · Real-Time Price · USD
15.19
-0.19 (-1.24%)
Mar 26, 2025, 4:00 PM EST - Market closed
MEG Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MEG stock have an average target of 33.6, with a low estimate of 29 and a high estimate of 39. The average target predicts an increase of 121.20% from the current stock price of 15.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MEG stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +156.75% | Mar 4, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $40 → $33 | Buy | Maintains | $40 → $33 | +117.25% | Feb 10, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +156.75% | Jan 28, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +156.75% | Jan 17, 2025 |
| Needham | Needham | Strong Buy Maintains $44 → $39 | Strong Buy | Maintains | $44 → $39 | +156.75% | Dec 19, 2024 |
Financial Forecast
Revenue This Year
771.50M
from 696.40M
Increased by 10.78%
Revenue Next Year
833.88M
from 771.50M
Increased by 8.09%
EPS This Year
-0.47
from -2.22
EPS Next Year
-0.16
from -0.47
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 831.6M | 917.6M | 1.0B | ||
| Avg | 771.5M | 833.9M | 1.0B | ||
| Low | 730.1M | 793.8M | 978.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.4% | 18.9% | 25.7% | ||
| Avg | 10.8% | 8.1% | 20.9% | ||
| Low | 4.8% | 2.9% | 17.3% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.16 | -0.17 |
| Avg | -0.47 | -0.16 |
| Low | -1.06 | -0.16 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.