Methanex Corporation (MEOH)
NASDAQ: MEOH · Real-Time Price · USD
44.62
+0.20 (0.45%)
Nov 21, 2024, 11:19 AM EST - Market open
Methanex Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Methanex stock have an average target of 56.5, with a low estimate of 46 and a high estimate of 71. The average target predicts an increase of 26.62% from the current stock price of 44.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Methanex stock from 6 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| 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 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $68 → $71 | Buy | Maintains | $68 → $71 | +59.12% | Nov 19, 2024 |
| Barclays | Barclays | Hold Maintains $44 → $46 | Hold | Maintains | $44 → $46 | +3.09% | Nov 11, 2024 |
| UBS | UBS | Strong Buy Maintains $54 → $53 | Strong Buy | Maintains | $54 → $53 | +18.78% | Nov 7, 2024 |
| UBS | UBS | Strong Buy Maintains $58 → $54 | Strong Buy | Maintains | $58 → $54 | +21.02% | Sep 16, 2024 |
| Raymond James | Raymond James | Buy Maintains $62 → $54 | Buy | Maintains | $62 → $54 | +21.02% | Sep 11, 2024 |
Financial Forecast
Revenue This Year
3.89B
from 3.72B
Increased by 4.55%
Revenue Next Year
4.39B
from 3.89B
Increased by 12.79%
EPS This Year
2.82
from 2.57
Increased by 9.81%
EPS Next Year
3.84
from 2.82
Increased by 36.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.5B | 5.4B | 5.9B |
| Avg | 3.9B | 4.4B | 4.9B |
| Low | 3.4B | 3.8B | 4.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 38.0% | 33.7% |
| Avg | 4.6% | 12.8% | 11.4% |
| Low | -8.2% | -2.8% | -4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.52 | 5.35 | 6.13 |
| Avg | 2.82 | 3.84 | 4.99 |
| Low | 2.21 | 1.67 | 3.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.0% | 89.9% | 59.5% |
| Avg | 9.8% | 36.3% | 29.8% |
| Low | -13.8% | -40.9% | -15.6% |
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.