Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
18.85
-0.71 (-3.63%)
At close: Mar 5, 2026, 4:00 PM EST
18.85
0.00 (0.00%)
After-hours: Mar 5, 2026, 7:00 PM EST

MEC Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for MEC stock have an average target of 24.33, with a low estimate of 23 and a high estimate of 25. The average target predicts an increase of 29.07% from the current stock price of 18.85.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23 $24.33 $25 $25
Change +22.02% +29.07% +32.63% +32.63%

Analyst Ratings

The average analyst rating for MEC stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 222222
Buy 000001
Hold 111000
Sell 000000
Strong Sell 000000
Total 333223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$24$25
Strong Buy Maintains $24$25 +32.63% Mar 5, 2026
Northland Capital Markets
Northland Capital Markets
Buy
Upgrades
$20$25
Buy Upgrades $20$25 +32.63% Mar 5, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$21$24
Strong Buy Maintains $21$24 +27.32% Jan 12, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$17$21
Strong Buy Maintains $17$21 +11.41% Jul 14, 2025
DA Davidson
DA Davidson
Strong Buy
Initiates
$23
Strong Buy Initiates $23 +22.02% Jun 17, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
608.03M
from 546.49M
Increased by 11.26%
Revenue Next Year
658.41M
from 608.03M
Increased by 8.29%
EPS This Year
0.07
from -0.40
EPS Next Year
0.72
from 0.07
Increased by 993.94%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
454.83M539.39M588.43M581.60M546.49M608.03M658.41M
Revenue Growth
27.19%18.59%9.09%-1.16%-6.04%11.26%8.29%
EPS
-0.370.910.381.24-0.400.070.72
EPS Growth
---58.24%226.32%--993.94%
Forward PE
-----286.2526.17
No. Analysts -----65
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272029
High 679.3M 723.4M
Avg 608.0M 658.4M
Low 563.1M 598.3M

Revenue Growth

Revenue Growth 202620272029
High
24.3%
19.0%
Avg
11.3%
8.3%
Low
3.0%
-1.6%

EPS Forecast

EPS 20262027
High 0.53 1.42
Avg 0.07 0.72
Low -0.44 -0.14

EPS Growth

EPS Growth 20262027
High -
2,052.6%
Avg -
993.9%
Low - -
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.