Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
18.23
+0.02 (0.11%)
Aug 31, 2026, 4:00 PM EDT - Market closed

Methode Electronics Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Methode Electronics stock has a consensus rating of "Buy" and an average price target of $22. The average 1-year stock price forecast is 20.68% higher than the current stock price, while the lowest is $16 (-12.23%) and the highest is $30 (+64.56%).

Price Target: $22 (+20.68%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$16$22$21$30
Change-12.23%+20.68%+15.19%+64.56%

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

Chart
RatingDec '25Jan '26Mar '26Apr '26Jun '26Aug '26
Strong Buy111101
Buy000011
Hold222222
Sell000000
Strong Sell000000
Total333334

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barrington
Barrington
Buy
Maintains
$25
BuyMaintains$25+37.14%Aug 31, 2026
Craig-Hallum
Craig-Hallum
Buy
Initiates
$30
BuyInitiates$30+64.56%Aug 25, 2026
Sidoti
Sidoti
Hold
Downgrades
$17
HoldDowngrades$17-6.75%Jun 26, 2026
Robert W. Baird
Robert W. Baird
Hold
Maintains
$8.5$16
HoldMaintains$8.5$16-12.23%Jun 26, 2026

Financial Forecast

Revenue This Year
1.05B
from 1.02B
Increased by 2.86%
Revenue Next Year
1.11B
from 1.05B
Increased by 6.11%
EPS This Year
-0.41
from -1.07
EPS Next Year
0.41
from -0.41
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 2, 2026Apr 30, 2027
Revenue
1.16B1.18B1.11B1.05B1.02B1.05B
Revenue Growth
6.95%1.38%-5.52%-5.96%-2.76%2.86%
Gross Profit
264.90M264.10M180.50M164.50M203.00M207.22M
Gross Margin
22.77%22.39%16.20%15.70%19.92%19.77%
Operating Income
115.00M97.20M-2.40M-21.20M15.20M22.00M
Net Income
102.20M77.10M-123.30M-62.60M-35.70M-21.33M
EPS
-----1.07-0.41
Free Cash Flow
48.49M77.55M35.83M19.41M56.16M16.18M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20272028
High1.1B
Avg1.0B
Low1.0B

Revenue Growth

Revenue Growth20272028
High
4.2%
Avg
2.9%
Low
0.6%

EPS Forecast

EPS20272028
High0.01
Avg-0.41
Low-0.81

EPS Growth

EPS Growth20272028
High-
Avg-
Low-