Methode Electronics (MEI) Stock Forecast, Price Target & Predictions


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MEI Stock Forecast


Methode Electronics (MEI) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $9.00, with a high of $9.00 and a low of $9.00. This represents a 59.57% increase from the last price of $5.64.

$5 $9 $13 $17 $21 $25 High: $9 Avg: $9 Low: $9 Last Closed Price: $5.64

MEI Stock Rating


Methode Electronics stock's rating consensus is Hold, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (33.33%), 4 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 6 0 4 2 Strong Sell Sell Hold Buy Strong Buy

MEI Price Target Upside V Benchmarks


TypeNameUpside
StockMethode Electronics59.57%
SectorTechnology Stocks 32.92%

Price Target Trends


1M3M12M
# Anlaysts-12
Avg Price Target-$9.00$11.00
Last Closing Price$5.64$5.64$5.64
Upside/Downside-59.57%95.04%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-12--3
Mar, 25-13--4
Feb, 25--4--4
Jan, 25--4--4
Dec, 24--4--4
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 07, 2025Robert W. Baird$9.00$6.5537.40%59.57%
Sep 06, 2024Luke JunkRobert W. Baird$13.00$10.3425.73%130.50%
Apr 09, 2024Saree BoroditskyJefferies$12.00$12.58-4.61%112.77%
Jun 15, 2022Luke JunkRobert W. Baird$42.00$42.41-0.97%644.68%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024OppenheimerOutperformOutperformhold
Jul 17, 2024CitigroupUnderweightUnderweighthold
Jul 02, 2024BarclaysEqual-WeightEqual-Weighthold
Apr 09, 2024JefferiesHoldinitialise

Financial Forecast


EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 $3 $4 Apr 20 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 20Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$3.28$3.22$2.74$2.14$-3.48---
Avg Forecast$3.24$3.00$2.69$2.25$-0.80$-0.34$0.82$1.81
High Forecast$3.35$3.11$2.79$2.30$-0.80$-0.34$1.64$1.85
Low Forecast$3.16$2.93$2.63$2.22$-0.81$-0.35$-0.02$1.79
Surprise %1.23%7.33%1.86%-4.89%335.00%---

Revenue Forecast

$1B $1B $1B $1B $1B $1B Apr 20 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 20Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$1.02B$1.09B$1.16B$1.18B$1.11B---
Avg Forecast$1.02B$1.07B$1.16B$1.18B$1.10B$1.10B$1.15B$1.32B
High Forecast$1.05B$1.10B$1.20B$1.19B$1.12B$1.11B$1.17B$1.34B
Low Forecast$1.01B$1.05B$1.14B$1.17B$1.09B$1.09B$1.14B$1.31B
Surprise %0.15%1.96%-0.04%0.20%0.94%---

Net Income Forecast

$-150M $-90M $-30M $30M $90M $150M Apr 20 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 20Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$123.40M$122.30M$102.20M$77.10M$-123.30M---
Avg Forecast$91.03M$99.63M$110.31M$80.15M$113.15M$-12.19M$21.07M$64.20M
High Forecast$109.24M$119.56M$132.37M$81.48M$135.78M$-11.99M$58.09M$65.45M
Low Forecast$72.83M$79.71M$88.25M$78.82M$90.52M$-12.39M$-785.05K$63.31M
Surprise %35.56%22.75%-7.35%-3.81%-208.97%---

MEI Forecast FAQ


Is Methode Electronics stock a buy?

Methode Electronics stock has a consensus rating of Hold, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Methode Electronics is a neutral investment for most analysts.

What is Methode Electronics's price target?

Methode Electronics's price target, set by 6 Wall Street analysts, averages $9 over the next 12 months. The price target range spans from $9 at the low end to $9 at the high end, suggesting a potential 59.57% change from the previous closing price of $5.64.

How does Methode Electronics stock forecast compare to its benchmarks?

Methode Electronics's stock forecast shows a 59.57% upside, outperforming the average forecast for the technology stocks sector (32.92%).

What is the breakdown of analyst ratings for Methode Electronics over the past three months?

  • April 2025: 0% Strong Buy, 33.33% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 0% Strong Buy, 25.00% Buy, 75.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.

What is Methode Electronics’s EPS forecast?

Methode Electronics's average annual EPS forecast for its fiscal year ending in April 2025 is $-0.34, marking a -90.23% decrease from the reported $-3.48 in 2024. Estimates for the following years are $0.82 in 2026, and $1.81 in 2027.

What is Methode Electronics’s revenue forecast?

Methode Electronics's average annual revenue forecast for its fiscal year ending in April 2025 is $1.1B, reflecting a -0.95% decrease from the reported $1.11B in 2024. The forecast for 2026 is $1.15B, and $1.32B for 2027.

What is Methode Electronics’s net income forecast?

Methode Electronics's net income forecast for the fiscal year ending in April 2025 stands at $-12.191M, representing a -90.11% decrease from the reported $-123M in 2024. Projections indicate $21.07M in 2026, and $64.2M in 2027.