Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
6.36
+0.09 (1.44%)
Apr 25, 2025, 4:00 PM EDT - Market closed
Methode Electronics Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Methode Electronics stock have an average target of 10.5, with a low estimate of 7.00 and a high estimate of 14. The average target predicts an increase of 65.09% from the current stock price of 6.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Methode Electronics stock from 2 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 | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +10.06% | Apr 15, 2025 |
| Baird | Baird | Hold Maintains $14 → $9 | Hold | Maintains | $14 → $9 | +41.51% | Mar 7, 2025 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $14 | Hold → Strong Buy | Upgrades | $14 | +120.13% | Feb 25, 2025 |
| Baird | Baird | Hold Maintains $13 → $16 | Hold | Maintains | $13 → $16 | +151.57% | Dec 6, 2024 |
| Baird | Baird | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +104.40% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
1.04B
from 1.11B
Decreased by -7.04%
Revenue Next Year
1.07B
from 1.04B
Increased by 2.90%
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 | 1.1B | 1.1B |
| Low | 988.5M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -2.1% | 9.1% | 13.9% |
| Avg | -7.0% | 2.9% | 6.5% |
| Low | -11.3% | -1.7% | 0.4% |
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.