MEC Stock Forecast 2025-2026
Distance to MEC Price Targets
MEC Price Momentum
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Latest MEC Stock Price Targets & Analyst Predictions
Based on our analysis of 5 Wall Street analysts, MEC has a bullish consensus with a median price target of $20.00 (ranging from $16.00 to $28.50). The overall analyst rating is Strong Buy (8.7/10). Currently trading at $12.25, the median forecast implies a 63.3% upside. This outlook is supported by 2 Buy, 1 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Andrew Kaplowitz at Citigroup, suggesting a 30.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MEC Analyst Ratings
MEC Price Target Range
Latest MEC Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MEC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 14, 2025 | Citigroup | Andrew Kaplowitz | Buy | Maintains | $16.00 |
| Mar 6, 2025 | Citigroup | Andrew Kaplowitz | Buy | Maintains | $18.00 |
| Nov 7, 2024 | Northland Capital Markets | Ted Jackson | Market Perform | Downgrade | $20.00 |
| Oct 8, 2024 | Northland Capital Markets | Ted Jackson | Outperform | Reiterates | $30.00 |
| Jun 14, 2024 | Northland Capital Markets | Ted Jackson | Outperform | Maintains | $30.00 |
| May 8, 2024 | EF Hutton | Tim Moore | Buy | Maintains | $24.00 |
| Apr 8, 2024 | Citigroup | Andrew Kaplowitz | Buy | Maintains | $18.00 |
| Mar 7, 2024 | EF Hutton | Tim Moore | Buy | Maintains | $22.00 |
| Aug 21, 2023 | EF Hutton | Tim Moore | Buy | Reiterates | $23.00 |
| Aug 16, 2023 | EF Hutton | Tim Moore | Buy | Reiterates | $23.00 |
| Aug 3, 2023 | EF Hutton | Buy | Reiterates | $0.00 | |
| Jun 21, 2023 | EF Hutton | Tim Moore | Buy | Maintains | $22.00 |
| Jun 9, 2023 | Baird | Neutral | Downgrade | $0.00 | |
| May 17, 2023 | Northland Capital Markets | Ted Jackson | Outperform | Initiates | $20.00 |
| May 5, 2023 | Citigroup | Andrew Kaplowitz | Buy | Maintains | $17.00 |
| May 4, 2023 | Baird | Mircea Dobre | Outperform | Maintains | $14.00 |
| May 4, 2023 | EF Hutton | Tim Moore | Buy | Maintains | $21.00 |
| Apr 26, 2023 | EF Hutton | Tim Moore | Buy | Initiates | $22.00 |
| Dec 9, 2022 | Citigroup | Andrew Kaplowitz | Buy | Maintains | $18.00 |
| Nov 3, 2022 | Baird | Mircea Dobre | Outperform | Upgrade | $15.00 |
Mayville Engineering Company, Inc. (MEC) Competitors
The following stocks are similar to Mayville Engineering based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Mayville Engineering Company, Inc. (MEC) Financial Data
Mayville Engineering Company, Inc. has a market capitalization of $250.14M with a P/E ratio of 9.9x. The company generates $581.60M in trailing twelve-month revenue with a 4.5% profit margin.
Revenue growth is -18.4% quarter-over-quarter, while maintaining an operating margin of -1.7% and return on equity of +10.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Mayville Engineering Company, Inc. (MEC) Business Model
About Mayville Engineering Company, Inc.
Manufactures engineered products and metal fabrication solutions.
Mayville Engineering Company generates revenue by providing a range of manufacturing services such as prototyping, tool design, welding, laser cutting, and assembly primarily to the heavy-duty, commercial, and industrial vehicle markets. The company also serves other sectors like agriculture, construction, and power sports, allowing it to diversify its customer base and reduce dependence on a single market.
With a commitment to innovation and flexible production capabilities, Mayville Engineering is positioned as a key player in the manufacturing sector. Its operations reflect broader economic trends in industrial production and infrastructure development, highlighting the ongoing relevance of manufacturing in the global economy.
Company Information
Sector
Industrials
Industry
Metal Fabrication
Employees
2,200
CEO
Mr. Jagadeesh A. Reddy
Country
United States
IPO Year
N/A
Website
www.mecinc.comMayville Engineering Company, Inc. (MEC) Latest News & Analysis
Mayville Engineering Company (NYSE: MEC) appointed Craig Nichols as Senior VP of Operations and Supply Chain, effective March 10, 2025. He has over 30 years of relevant experience.
The appointment of Craig Nichols signals leadership changes that could enhance operational efficiency and supply chain management, potentially impacting MEC's performance and stock valuation.
Mayville Engineering Company (NYSE:MEC) will hold its Q4 2024 earnings call on March 5, 2025, at 10:00 AM ET, featuring key company executives and analysts from William Blair and Northland Capital Markets.
The earnings call provides insights into Mayville Engineering's financial performance and future outlook, influencing stock valuation and investor sentiment.
Mayville Engineering Company Still Makes For A Great Prospect In Spite Of Recent Weakness
1 month agoMayville Engineering Company stock is rated a 'strong buy' despite Q4 2024 revenue decline. The MBX Framework targets margin improvement and growth in electrification and aerospace.
Mayville Engineering's stock is viewed as a strong buy despite revenue drops, due to its attractive valuation and growth strategy in lucrative sectors like electrification and aerospace.
Mayville Engineering Company (NYSE: MEC) reported Q4 2024 net sales of $121.3 million and net income of $16.0 million ($0.76 per diluted share). Non-GAAP Adjusted EPS was ($0.07).
Mayville Engineering's Q4 2024 results show strong net sales and profit, indicating robust demand and operational efficiency, which can positively influence stock performance and investor sentiment.
Mayville Engineering Company (NYSE: MEC) will release its Q4 and full year 2024 results on March 4, 2025, with a conference call scheduled for March 5, 2025, at 10:00 a.m. ET.
Mayville Engineering's upcoming earnings report and conference call could influence stock performance and investor sentiment, providing insights into its financial health and future prospects.
Mayville Engineering Company (NYSE: MEC) announced CFO Todd Butz will leave on June 30, 2025. Rachele Lehr, currently Chief Human Resources Officer, will succeed him in April.
Leadership changes, especially in the CFO position, can impact financial strategy and investor confidence. The transition may affect company performance and stock volatility.
Frequently Asked Questions About MEC Stock
What is Mayville Engineering Company, Inc.'s (MEC) stock forecast for 2025?
Based on our analysis of 5 Wall Street analysts, Mayville Engineering Company, Inc. (MEC) has a median price target of $20.00. The highest price target is $28.50 and the lowest is $16.00.
Is MEC stock a good investment in 2025?
According to current analyst ratings, MEC has 2 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $12.25. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for MEC stock?
Wall Street analysts predict MEC stock could reach $20.00 in the next 12 months. This represents a 63.3% increase from the current price of $12.25. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Mayville Engineering Company, Inc.'s business model?
Mayville Engineering Company generates revenue by providing a range of manufacturing services such as prototyping, tool design, welding, laser cutting, and assembly primarily to the heavy-duty, commercial, and industrial vehicle markets. The company also serves other sectors like agriculture, construction, and power sports, allowing it to diversify its customer base and reduce dependence on a single market.
What is the highest forecasted price for MEC Mayville Engineering Company, Inc.?
The highest price target for MEC is $28.50 from at , which represents a 132.7% increase from the current price of $12.25.
What is the lowest forecasted price for MEC Mayville Engineering Company, Inc.?
The lowest price target for MEC is $16.00 from Andrew Kaplowitz at Citigroup, which represents a 30.6% increase from the current price of $12.25.
What is the overall MEC consensus from analysts for Mayville Engineering Company, Inc.?
The overall analyst consensus for MEC is bullish. Out of 5 Wall Street analysts, 2 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $20.00.
How accurate are MEC stock price projections?
Stock price projections, including those for Mayville Engineering Company, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.