Methanex Corporation (MEOH)
NASDAQ: MEOH · Real-Time Price · USD
50.84
+1.52 (3.08%)
At close: Jan 21, 2025, 4:00 PM
51.00
+0.16 (0.31%)
After-hours: Jan 21, 2025, 6:12 PM EST
Methanex Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Methanex stock have an average target of 57.71, with a low estimate of 46 and a high estimate of 71. The average target predicts an increase of 13.51% from the current stock price of 50.84.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 4 | 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 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $54 → $60 | Buy | Maintains | $54 → $60 | +18.02% | Jan 14, 2025 |
| RBC Capital | RBC Capital | Hold Reiterates $55 | Hold | Reiterates | $55 | +8.18% | Jan 6, 2025 |
| CIBC | CIBC | Hold → Buy Initiates $48 → $59 | Hold → Buy | Initiates | $48 → $59 | +16.05% | Dec 10, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $68 → $71 | Buy | Maintains | $68 → $71 | +39.65% | Nov 19, 2024 |
| Barclays | Barclays | Hold Maintains $44 → $46 | Hold | Maintains | $44 → $46 | -9.52% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
3.90B
from 3.72B
Increased by 4.74%
Revenue Next Year
4.43B
from 3.90B
Increased by 13.56%
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 | 4.2B | 5.4B | 5.8B |
| Avg | 3.9B | 4.4B | 4.7B |
| Low | 3.6B | 3.6B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.5% | 37.2% | 32.0% |
| Avg | 4.7% | 13.6% | 6.6% |
| Low | -3.7% | -7.3% | -19.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| 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 | 2028 |
|---|---|---|---|---|
| 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.