12 Month Price Forecast For MEC
Distance to MEC Price Forecasts
MEC Price Momentum
๐ค Considering Mayville Engineering (MEC)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
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.
Data last updated: February 11, 2025 4:13 AM UTC
MEC Analyst Ratings & Price Targets
Based on our analysis of 5 Wall Street analysts, MEC has a bullish consensus with a median price target of $21.00 (ranging from $20.00 to $22.00). Currently trading at $15.98, the median forecast implies a 31.4% upside. This outlook is supported by 2 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Tim Moore at EF Hutton, projecting a 37.7% upside. Conversely, the most conservative target is provided by Ted Jackson at Northland Capital Markets, suggesting a 25.2% 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 Consensus
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 |
---|---|---|---|---|---|
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 | EF Hutton | Tim Moore | Buy | Maintains | $21.00 |
May 4, 2023 | Baird | Mircea Dobre | Outperform | Maintains | $14.00 |
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 |
Jan 21, 2022 | Baird | Mircea Dobre | Neutral | Downgrade | $13.00 |
Feb 5, 2021 | Baird | Mircea Dobre | Outperform | Maintains | $20.00 |
Stocks Similar to Mayville Engineering Co Inc
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 Co Inc (MEC) Financial Data
Mayville Engineering Co Inc has a market capitalization of $328.45M with a P/E ratio of 27.0x. The company generates $608.88M in trailing twelve-month revenue with a 2.0% profit margin.
Revenue growth is -14.4% quarter-over-quarter, while maintaining an operating margin of +4.6% and return on equity of +5.3%.
Valuation Metrics
Growth & Margins
Financial Health
๐ฅ Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.

Mayville Engineering Co Inc (MEC) Company Overview
About Mayville Engineering Co Inc
Manufactures aftermarket components and engineered parts.
The company generates revenue by designing, producing, and assembling aftermarket components and engineered parts for original equipment manufacturers across various industries, including commercial vehicles and agriculture. Their diverse offerings include fabrication, aluminum extrusion, and coating services, which cater to a wide range of end markets.
Founded in 1945 and headquartered in Milwaukee, Wisconsin, Mayville Engineering Company has a long-standing history in the manufacturing sector. The company's extensive capabilities and broad customer base position it well for growth in various industries, including military and powersports.
Company Information
Sector
Industrials
Industry
Metal Fabrication
Employees
2,500
CEO
Mr. Jagadeesh A. Reddy
Country
United States
IPO Year
N/A
Website
www.mecinc.comMayville Engineering Co Inc (MEC) Latest News & Analysis
Mayville Engineering Company (NYSE: MEC) announced CFO Todd Butz will leave on June 30, 2025. Rachele Lehr, Chief Human Resources Officer, will succeed him in April.
Leadership changes, especially in key financial roles, can impact investor confidence and stock performance. A smooth succession may indicate stability, while uncertainty could raise concerns.
Mayville Engineering Company (NYSE:MEC) will hold its Q3 2024 earnings conference call on November 6, 2024, at 10:00 AM ET, featuring key executives and analysts.
Mayville Engineering's Q3 2024 earnings call will provide insights into financial performance, strategic direction, and market conditions, crucial for assessing investment potential and risk.
Mayville Engineering Company (NYSE: MEC) reported Q3 2024 net sales of $135.4 million, down 14.4% year-over-year, but net income rose to $3.0 million, or $0.14 per diluted share, an increase of $1.6 million.
Mayville Engineering's 14.4% drop in net sales raises concerns about demand and market position, while increased net income suggests improved efficiency, impacting investor sentiment and stock performance.
Mayville Engineering (MEC) reported Q3 earnings of $0.14 per share, below the Zacks Consensus Estimate of $0.19 and down from $0.21 per share year-over-year.
Mayville Engineering's earnings miss signals potential operational challenges and reduced profitability, which could lead to negative investor sentiment and impact stock performance.
Mayville Engineering Company (NYSE: MEC) has settled its lawsuit with Peloton Interactive, Inc., agreeing to dismiss the case and exchange mutual releases.
The settlement with Peloton eliminates litigation risks for Mayville Engineering, potentially stabilizing its financial outlook and improving investor confidence in future operations.
Mayville Engineering Company Announces Third Quarter 2024 Results Conference Call and Webcast Date
3 months agoMayville Engineering Company (NYSE: MEC) will release its Q3 2024 results on November 5, 2024, after market close, followed by a conference call on November 6 at 10:00 a.m. ET.
Mayville Engineering's upcoming earnings release and conference call could impact stock performance, as investors will look for insights on financial health and market trends.
Frequently Asked Questions About MEC Stock
What is Mayville Engineering Co Inc's (MEC) stock forecast for 2025?
Based on our analysis of 5 Wall Street analysts, Mayville Engineering Co Inc (MEC) has a median price target of $21.00. The highest price target is $22.00 and the lowest is $20.00.
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 $15.98. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for MEC stock?
Wall Street analysts predict MEC stock could reach $21.00 in the next 12 months. This represents a 31.4% increase from the current price of $15.98. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Mayville Engineering Co Inc's business model?
The company generates revenue by designing, producing, and assembling aftermarket components and engineered parts for original equipment manufacturers across various industries, including commercial vehicles and agriculture. Their diverse offerings include fabrication, aluminum extrusion, and coating services, which cater to a wide range of end markets.
What is the highest forecasted price for MEC Mayville Engineering Co Inc?
The highest price target for MEC is $22.00 from Tim Moore at EF Hutton, which represents a 37.7% increase from the current price of $15.98.
What is the lowest forecasted price for MEC Mayville Engineering Co Inc?
The lowest price target for MEC is $20.00 from Ted Jackson at Northland Capital Markets, which represents a 25.2% increase from the current price of $15.98.
What is the overall MEC consensus from analysts for Mayville Engineering Co 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 $21.00.
How accurate are MEC stock price projections?
Stock price projections, including those for Mayville Engineering Co 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.