Methanex Corporation (MEOH)
NASDAQ: MEOH · Real-Time Price · USD
46.38
+0.46 (1.00%)
Dec 20, 2024, 4:00 PM EST - Market closed
Methanex Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Methanex stock have an average target of 56.86, with a low estimate of 46 and a high estimate of 71. The average target predicts an increase of 22.60% from the current stock price of 46.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Methanex stock from 7 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold → Buy Initiates $48 → $59 | Hold → Buy | Initiates | $48 → $59 | +27.21% | Dec 10, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $68 → $71 | Buy | Maintains | $68 → $71 | +53.08% | Nov 19, 2024 |
| Barclays | Barclays | Hold Maintains $44 → $46 | Hold | Maintains | $44 → $46 | -0.82% | Nov 11, 2024 |
| UBS | UBS | Strong Buy Maintains $54 → $53 | Strong Buy | Maintains | $54 → $53 | +14.27% | Nov 7, 2024 |
| UBS | UBS | Strong Buy Maintains $58 → $54 | Strong Buy | Maintains | $58 → $54 | +16.43% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
3.91B
from 3.72B
Increased by 5.04%
Revenue Next Year
4.35B
from 3.91B
Increased by 11.17%
EPS This Year
3.45
from 2.57
Increased by 34.21%
EPS Next Year
4.03
from 3.45
Increased by 16.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.3B | 5.3B | 5.8B |
| Avg | 3.9B | 4.3B | 4.6B |
| Low | 3.6B | 3.6B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.6% | 36.3% | 34.0% |
| Avg | 5.0% | 11.2% | 6.6% |
| Low | -3.7% | -7.6% | -17.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.00 | 5.35 | 5.92 |
| Avg | 3.45 | 4.03 | 4.93 |
| Low | 2.10 | 2.55 | 3.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 55.8% | 55.4% | 46.9% |
| Avg | 34.2% | 17.0% | 22.2% |
| Low | -18.3% | -26.1% | -23.4% |
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.