Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
19.16
+1.16 (6.44%)
At close: Jun 26, 2026, 4:00 PM EDT
19.23
+0.07 (0.35%)
After-hours: Jun 26, 2026, 7:59 PM EDT

Methode Electronics Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Methode Electronics stock has a consensus rating of "Hold" and an average price target of $16.5. The average 1-year stock price forecast is 13.88% lower than the current stock price, while the lowest is $16 (-16.49%) and the highest is $17 (-11.27%).

Price Target: $16.5 (-13.88%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$16$16.5$16.5$17
Change-16.49%-13.88%-13.88%-11.27%

Analyst Ratings

The average analyst rating for Methode Electronics stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingOct '25Dec '25Jan '26Mar '26Apr '26Jun '26
Strong Buy111110
Buy000000
Hold222223
Sell000000
Strong Sell000000
Total333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Sidoti
Sidoti
Hold
Downgrades
$17
HoldDowngrades$17-11.27%Jun 26, 2026
Robert W. Baird
Robert W. Baird
Hold
Maintains
$8.5$16
HoldMaintains$8.5$16-16.49%Jun 26, 2026
Barrington
Barrington
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 25, 2026

Financial Forecast

Revenue This Year
951.86M
from 1.02B
Decreased by -6.61%
Revenue Next Year
991.66M
from 951.86M
Increased by 4.18%
EPS This Year
0.16
EPS Next Year
0.70
from 0.16
Increased by 351.61%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 2, 2026Apr 30, 2027
Revenue
1.16B1.18B1.11B1.05B1.02B951.86M
Revenue Growth
6.95%1.38%-5.52%-5.96%-2.76%-6.61%
Gross Profit
264.90M264.10M180.50M164.50M203.00M191.32M
Gross Margin
22.77%22.39%16.20%15.70%19.92%20.10%
Operating Income
115.00M97.20M-2.40M-21.20M15.20M36.87M
Net Income
102.20M77.10M-123.30M-62.60M-35.70M-8.00M
EPS
-----0.16
Forward PE
13.3916.03-16.29-123.61
Free Cash Flow
48.49M77.55M35.83M19.41M56.16M25.86M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20272028
High996.6M
Avg951.9M
Low896.5M

Revenue Growth

Revenue Growth20272028
High
-2.2%
Avg
-6.6%
Low
-12.0%

EPS Forecast

EPS20272028
High0.33
Avg0.16
Low-0.02

EPS Growth

EPS Growth20272028
High-
Avg-
Low-