Montrose Environmental Group, Inc. (MEG)
NYSE: MEG · Real-Time Price · USD
14.19
+0.04 (0.28%)
Apr 15, 2025, 4:00 PM EDT - Market closed
MEG Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MEG stock have an average target of 31.4, with a low estimate of 28 and a high estimate of 38. The average target predicts an increase of 121.28% from the current stock price of 14.19.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $39 → $28 | Strong Buy | Maintains | $39 → $28 | +97.32% | Apr 4, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +174.84% | Mar 4, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $40 → $33 | Buy | Maintains | $40 → $33 | +132.56% | Feb 10, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +174.84% | Jan 28, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +174.84% | Jan 17, 2025 |
Financial Forecast
Revenue This Year
763.78M
from 696.40M
Increased by 9.68%
Revenue Next Year
821.10M
from 763.78M
Increased by 7.50%
EPS This Year
-0.67
from -2.22
EPS Next Year
-0.12
from -0.67
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 798.2M | 860.0M | 1.0B |
| Avg | 763.8M | 821.1M | 1.0B |
| Low | 730.1M | 793.8M | 978.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.6% | 12.6% | 27.6% |
| Avg | 9.7% | 7.5% | 22.8% |
| Low | 4.8% | 3.9% | 19.1% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.26 | 0.60 |
| Avg | -0.67 | -0.12 |
| Low | -1.26 | -0.89 |
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.