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Mayville Engineering (MEC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MEC Stock Forecast

Mayville Engineering (MEC) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $24.00, with a high of $24.00 and a low of $24.00. This represents a 62.71% increase from the last price of $14.75.

$10 $13 $16 $19 $22 $25 High: $24 Avg: $24 Low: $24 Last Closed Price: $14.75

MEC Stock Rating

Mayville Engineering stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (50.00%), 3 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 0 3 3 Strong Sell Sell Hold Buy Strong Buy

MEC Price Target Upside V Benchmarks

TypeNameUpside
StockMayville Engineering62.71%
SectorIndustrials Stocks 12.29%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$24.00
Last Closing Price$14.75$14.75$14.75
Upside/Downside--62.71%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25-21--3
May, 25-21--3
Apr, 25-21--3
Mar, 25-21--3
Feb, 25-21--3
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Andrew KaplowitzCitigroup$24.00$18.9626.58%62.71%
Dec 09, 2022Citigroup$18.00$12.9339.21%22.03%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 06, 2025CitigroupBuyBuyhold
Aug 08, 2024CitigroupBuyBuyhold
Apr 08, 2024CitigroupBuyBuyhold
Apr 26, 2023EF HuttonBuyinitialise
Dec 09, 2022CitigroupBuyBuyhold
Apr 26, 2022Zacks Investment ResearchHoldupgrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.36$-0.37$0.92$0.38$1.26----
Avg Forecast$-0.26$0.41$1.03$0.74$0.61$1.04$1.18$1.24$1.61
High Forecast$-0.26$0.42$1.08$0.80$0.66$1.64$1.28$1.34$1.74
Low Forecast$-0.27$0.40$0.98$0.69$0.59$0.43$1.11$1.16$1.51
Surprise %38.46%-190.24%-10.68%-48.65%106.56%----

Revenue Forecast

$300M $370M $440M $510M $580M $650M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$357.61M$454.83M$539.39M$588.42M$581.60M----
Avg Forecast$353.88M$452.13M$532.03M$592.14M$584.41M$604.12M$613.73M$593.69M$601.46M
High Forecast$359.30M$459.06M$554.55M$595.41M$584.90M$636.89M$613.73M$630.43M$638.68M
Low Forecast$347.50M$443.99M$514.76M$588.87M$583.92M$571.33M$613.73M$565.56M$572.96M
Surprise %1.05%0.60%1.38%-0.63%-0.48%----

Net Income Forecast

$-10M $0 $10M $20M $30M $40M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-7.09M$-7.45M$18.73M$7.84M$25.97M----
Avg Forecast$-5.42M$8.53M$6.99M$7.84M$12.98M$16.72M$24.73M$25.91M$33.33M
High Forecast$-5.30M$8.70M$9.23M$10.32M$13.69M$33.95M$26.47M$27.73M$36.01M
Low Forecast$-5.53M$8.33M$4.75M$5.37M$12.27M$8.89M$22.99M$24.09M$31.27M
Surprise %30.77%-187.36%167.92%-100.07%----

MEC Forecast FAQ

Is Mayville Engineering stock a buy?

Mayville Engineering stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Mayville Engineering is a favorable investment for most analysts.

What is Mayville Engineering's price target?

Mayville Engineering's price target, set by 6 Wall Street analysts, averages $24 over the next 12 months. The price target range spans from $24 at the low end to $24 at the high end, suggesting a potential 62.71% change from the previous closing price of $14.75.

How does Mayville Engineering stock forecast compare to its benchmarks?

Mayville Engineering's stock forecast shows a 62.71% upside, outperforming the average forecast for the industrials stocks sector (12.29%).

What is the breakdown of analyst ratings for Mayville Engineering over the past three months?

  • June 2025: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.

What is Mayville Engineering’s EPS forecast?

Mayville Engineering's average annual EPS forecast for its fiscal year ending in December 2025 is $1.04, marking a -17.46% decrease from the reported $1.26 in 2024. Estimates for the following years are $1.18 in 2026, $1.24 in 2027, and $1.61 in 2028.

What is Mayville Engineering’s revenue forecast?

Mayville Engineering's average annual revenue forecast for its fiscal year ending in December 2025 is $604.12M, reflecting a 3.87% increase from the reported $581.6M in 2024. The forecast for 2026 is $613.73M, followed by $593.69M for 2027, and $601.46M for 2028.

What is Mayville Engineering’s net income forecast?

Mayville Engineering's net income forecast for the fiscal year ending in December 2025 stands at $16.72M, representing a -35.62% decrease from the reported $25.97M in 2024. Projections indicate $24.73M in 2026, $25.91M in 2027, and $33.33M in 2028.