Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
6.66
-0.09 (-1.33%)
Jul 18, 2025, 9:34 AM - Market open

Methode Electronics Stock Forecast

Stock Price Forecast

The 2 analysts that cover Methode Electronics stock have a consensus rating of "Buy" and an average price target of $10.5, which forecasts a 57.07% increase in the stock price over the next year. The lowest target is $7 and the highest is $14.

Price Target: $10.5 (+57.07%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$7.00$10.5$14$14
Change+4.71%+57.07%+109.42%+109.42%
* 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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy111111
Buy000000
Hold221111
Sell000000
Strong Sell000000
Total332222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Baird
Baird
Hold
Maintains
$9$7
HoldMaintains$9$7+4.71%Apr 15, 2025
Baird
Baird
Hold
Maintains
$14$9
HoldMaintains$14$9+34.63%Mar 7, 2025
Sidoti & Co.
Sidoti & Co.
Strong Buy
Upgrades
$14
Strong BuyUpgrades$14+109.42%Feb 25, 2025
Baird
Baird
Hold
Maintains
$13$16
HoldMaintains$13$16+139.34%Dec 6, 2024
Baird
Baird
Hold
Maintains
$15$13
HoldMaintains$15$13+94.47%Sep 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.05B
from 1.05B
Decreased by -0.20%
Revenue Next Year
1.14B
from 1.05B
Increased by 8.51%
EPS This Year
0.46
from -1.77
EPS Next Year
1.06
from 0.46
Increased by 128.26%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMay 1, 2021Apr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 3, 2026May 3, 2027
Revenue
1.09B1.16B1.18B1.11B1.05B1.05B1.14B
Revenue Growth
6.26%6.95%1.38%-5.52%-5.96%-0.20%8.51%
EPS
3.192.702.10-3.48-1.770.461.06
EPS Growth
-2.15%-15.36%-22.22%---128.26%
Forward PE
-----14.336.28
No. Analysts
-----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027
High1.1B1.2B
Avg1.0B1.1B
Low995.0M1.1B

Revenue Growth

Revenue Growth20262027
High
5.3%
16.1%
Avg
-0.2%
8.5%
Low
-5.1%
2.3%

EPS Forecast

EPS20262027
High0.701.27
Avg0.461.06
Low0.250.87

EPS Growth

EPS Growth20262027
High-
173.5%
Avg-
128.3%
Low-
87.7%
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.