Methode Electronics Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Methode Electronics stock has a consensus rating of "Buy" and an average price target of $9.25. The average 1-year stock price forecast is 18.65% lower than the current stock price, while the lowest is $8.50 (-25.24%) and the highest is $10 (-12.05%).

Price Target: $9.25 (-18.65%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$8.50	$9.25	$9.25	$10
Change	-25.24%	-18.65%	-18.65%	-12.05%

* Price targets were last updated on Mar 3, 2026.

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	Oct '25	Dec '25	Jan '26	Mar '26	Apr '26	Jun '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gary Prestopino Barrington	Barrington	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 5, 2026
John Franzreb Sidoti	Sidoti	Buy Maintains $10	Buy	Maintains	$10	-12.05%	Mar 3, 2026
Luke Junk Robert W. Baird	Robert W. Baird	Hold Maintains $9 → $8.5	Hold	Maintains	$9 → $8.5	-25.24%	Jan 14, 2026

Financial Forecast

Revenue This Year

959.56M

from 1.05B

-8.45%

from 1.05B

Revenue Next Year

951.86M

from 959.56M

-0.80%

from 959.56M

EPS This Year

-0.99

from -1.12

EPS Next Year

0.16

from -0.99

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	May 1, 2021	Apr 30, 2022	Apr 29, 2023	Apr 27, 2024	May 3, 2025	Apr 30, 2026
Revenue	1.09B	1.16B	1.18B	1.11B	1.05B	959.56M
Revenue Growth	6.26%	6.95%	1.38%	-5.52%	-5.96%	-8.45%
Gross Profit	278.90M	264.90M	264.10M	180.50M	164.50M	177.04M
Gross Margin	25.63%	22.77%	22.39%	16.20%	15.70%	18.45%
Operating Income	141.80M	115.00M	97.20M	-1.90M	-21.20M	-961.00K
Net Income	122.30M	102.20M	77.10M	-123.30M	-62.60M	-43.00M
EPS	-	-	-	-	-1.12	-0.99
Dividend / Share	0.44	0.56	0.56	0.56	0.56	0.68
Dividend Growth	-	27.27%	-	-	-	21.43%
Free Cash Flow	105.68M	48.49M	77.55M	36.14M	19.96M	22.99M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	968.0M
Avg	959.6M
Low	949.9M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-7.6%
Avg	-8.4%
Low	-9.4%

EPS Forecast

EPS	2026	2027	2028
High	-0.92
Avg	-0.99
Low	-1.06

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-