Montrose Environmental Group, Inc. (MEG)
NYSE: MEG · Real-Time Price · USD
20.34
+1.09 (5.66%)
May 27, 2025, 3:27 PM - Market open
MEG Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for MEG stock ranges from a low of $29 to a high of $38. The average analyst price target of $31.8 forecasts a 56.34% increase in the stock price over the next year.
Price Target: $31.80 (+56.34%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MEG stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 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 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $28 → $30 | Strong Buy | Maintains | $28 → $30 | +47.49% | May 9, 2025 |
| Needham | Needham | Strong Buy Maintains $39 → $28 | Strong Buy | Maintains | $39 → $28 | +37.66% | Apr 4, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +91.74% | Mar 4, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $40 → $33 | Buy | Maintains | $40 → $33 | +62.24% | Feb 10, 2025 |
| Needham | Needham | Strong Buy Reiterates $39 | Strong Buy | Reiterates | $39 | +91.74% | Jan 28, 2025 |
Financial Forecast
Revenue This Year
768.07M
from 696.40M
Increased by 10.29%
Revenue Next Year
823.62M
from 768.07M
Increased by 7.23%
EPS This Year
-1.09
from -2.22
EPS Next Year
-0.43
from -1.09
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 801.0M | 864.4M | 1.0B |
| Avg | 768.1M | 823.6M | 1.0B |
| Low | 740.9M | 793.8M | 978.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 15.0% | 12.5% | 27.2% |
| Avg | 10.3% | 7.2% | 22.4% |
| Low | 6.4% | 3.3% | 18.7% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.91 | 0.06 |
| Avg | -1.09 | -0.43 |
| 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.