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

OverviewRevenueOwnershipFinancialsChartTranscripts

MEI Stock Forecast

Methode Electronics (MEI) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $13.00, with a high of $13.00 and a low of $13.00. This represents a 11.68% increase from the last price of $11.64.

$5 $9 $13 $17 $21 $25 High: $13 Avg: $13 Low: $13 Last Closed Price: $11.64

MEI Stock Rating

Methode Electronics stock's rating consensus is Hold, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (25.00%), 5 Hold (62.50%), 1 Sell (12.50%), and 0 Strong Sell (0.00%).

Hold
Total 8 0 1 5 2 Strong Sell Sell Hold Buy Strong Buy

MEI Forecast vs Benchmarks

TypeNameUpside
StockMethode Electronics11.68%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$12.50
Last Closing Price$11.64$11.64$11.64
Upside/Downside--7.39%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--4--4
Dec, 24--4--4
Nov, 24114--6
Oct, 24114--6
Sep, 24114--6
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 06, 2024Luke JunkRobert W. Baird$13.00$10.3425.73%11.68%
Apr 09, 2024Saree BoroditskyJefferies$12.00$12.58-4.61%3.09%
Jun 15, 2022Luke JunkRobert W. Baird$42.00$42.41-0.97%260.82%
Latest Upgrade/Downgrade by Analysts
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$3.16$2.93$2.63$2.22$-0.81$-0.35$-0.02$1.79
Low Forecast$3.35$3.11$2.79$2.30$-0.80$-0.34$1.64$1.85
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$1.01B$1.05B$1.14B$1.17B$1.09B$1.09B$1.14B$1.31B
Low Forecast$1.05B$1.10B$1.20B$1.19B$1.12B$1.11B$1.17B$1.34B
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$72.83M$79.71M$88.25M$78.82M$90.52M$-12.39M$-785.05K$63.31M
Low Forecast$109.24M$119.56M$132.37M$81.48M$135.78M$-11.99M$58.09M$65.45M
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 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 5 Hold, 1 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 8 Wall Street analysts, averages $13 over the next 12 months. The price target range spans from $13 at the low end to $13 at the high end, suggesting a potential 11.68% change from the previous close price of $11.64.

How does Methode Electronics stock forecast compare to the average forecast of its sector, industry, and investment themes?

Methode Electronics stock forecast shows a 11.68% upside, underperforming the average forecast for the technology stocks sector (13.03%).

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

  • January 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 16.67% Strong Buy, 16.67% Buy, 66.67% 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 is -0.34 for 2025, a -90.23% decrease from the reported $-3.48 in 2024. The prediction for 2026 is $0.82, and $1.81 for 2027.

What is Methode Electronics’s revenue forecast?

Methode Electronics's average annual revenue forecast for its fiscal year ending in April is $1.1B for 2025, 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?

For its fiscal year ending in April, Methode Electronics's average annual net income forecast is $-12.191M for 2025, reflecting a -90.11% decrease from the reported $-123M in 2024. The projection for 2026 is $21.07M, and $64.2M for 2027.