Montrose Environmental Group, Inc. (MEG)

MEG Stock Forecast

Stock Price Forecast

The 4 analysts that cover MEG stock have a consensus rating of "Buy" and an average price target of $35.25, which forecasts a 54.67% increase in the stock price over the next year. The lowest target is $33 and the highest is $37.

Price Target: $35.25 (+54.67%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33	$35.25	$36	$37
Change	+44.80%	+54.67%	+57.96%	+62.35%

* Price targets were last updated on Mar 5, 2026.

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Mar '26
Strong Buy	2	2	2	1	1	1
Buy	2	2	2	1	2	2
Hold	2	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	3	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Durgesh Chopra Evercore ISI Group	Evercore ISI Group	Buy Maintains $33 → $37	Buy	Maintains	$33 → $37	+62.35%	Mar 5, 2026
James Ricchiuti Needham	Needham	Strong Buy Maintains $32 → $35	Strong Buy	Maintains	$32 → $35	+53.58%	Feb 26, 2026
William Grippin Barclays	Barclays	Buy Maintains $35 → $36	Buy	Maintains	$35 → $36	+57.96%	Nov 7, 2025
James Ricchiuti Needham	Needham	Strong Buy Maintains $31 → $32	Strong Buy	Maintains	$31 → $32	+40.41%	Nov 6, 2025
Tami Zakaria JP Morgan	JP Morgan	Hold Maintains $26 → $33	Hold	Maintains	$26 → $33	+44.80%	Oct 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

875.90M

Increased by 5.46%

from 830.54M

Revenue Next Year

938.09M

Increased by 7.10%

from 875.90M

EPS This Year

0.09

from -0.14

EPS Next Year

0.31

Increased by 227.92%

from 0.09

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	546.41M	544.42M	624.21M	696.40M	830.54M	875.90M	938.09M
Revenue Growth	66.47%	-0.37%	14.66%	11.57%	19.26%	5.46%	7.10%
EPS	-1.56	-1.62	-1.57	-2.22	-0.14	0.09	0.31
EPS Growth	-	-	-	-	-	-	227.92%
Forward PE	-	-	-	-	-	243.94	74.39
No. Analysts	-	-	-	-	-	8	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	916.7M	990.2M
Avg	875.9M	938.1M
Low	841.1M	903.9M

Revenue Growth

Revenue Growth	2026	2027	2028
High	10.4%	13.0%
Avg	5.5%	7.1%
Low	1.3%	3.2%

EPS Forecast

EPS	2026	2027	2028
High	0.43	0.38
Avg	0.09	0.31
Low	-0.11	0.22

EPS Growth

EPS Growth	2026	2027	2028
High	-	304.6%
Avg	-	227.9%
Low	-	130.8%

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.