Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
7.40
-0.18 (-2.37%)
May 19, 2025, 10:50 AM - Market open
Methode Electronics Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Methode Electronics stock ranges from a low of $7.00 to a high of $14. The average analyst price target of $10.5 forecasts a 41.89% increase in the stock price over the next year.
Price Target: $10.50 (+41.89%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 15, 2025.
Analyst Ratings
The average analyst rating for Methode Electronics 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 | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | -5.41% | Apr 15, 2025 |
| Baird | Baird | Hold Maintains $14 → $9 | Hold | Maintains | $14 → $9 | +21.62% | Mar 7, 2025 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $14 | Hold → Strong Buy | Upgrades | $14 | +89.19% | Feb 25, 2025 |
| Baird | Baird | Hold Maintains $13 → $16 | Hold | Maintains | $13 → $16 | +116.22% | Dec 6, 2024 |
| Baird | Baird | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +75.68% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
1.03B
from 1.11B
Decreased by -7.22%
Revenue Next Year
1.05B
from 1.03B
Increased by 1.16%
EPS This Year
-0.34
from -3.48
EPS Next Year
0.60
from -0.34
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.1B | 1.1B | 1.2B |
| Avg | 1.0B | 1.0B | 1.1B |
| Low | 988.5M | 995.0M | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -2.7% | 6.8% | 16.1% |
| Avg | -7.2% | 1.2% | 8.5% |
| Low | -11.3% | -3.8% | 2.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.35 | 0.70 | 1.27 |
| Avg | -0.34 | 0.60 | 1.06 |
| Low | -0.33 | 0.50 | 0.87 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | 113.2% |
| Avg | - | - | 78.0% |
| Low | - | - | 46.4% |
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.