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Methanex (MEOH) Stock Forecast, Price Target & Predictions

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MEOH Stock Forecast

Methanex stock forecast is as follows: an average price target of $57.20 (represents a 14.74% upside from MEOH’s last price of $49.85) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.

MEOH Price Target

The average price target for Methanex (MEOH) is $57.20 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $68.00 to $44.00. This represents a potential 14.74% upside from MEOH's last price of $49.85.

MEOH Analyst Ratings

Buy

According to 23 Wall Street analysts, Methanex's rating consensus is 'Buy'. The analyst rating breakdown for MEOH stock is 0 'Strong Buy' (0.00%), 12 'Buy' (52.17%), 11 'Hold' (47.83%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Methanex Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 17, 2024Joel JacksonBMO Capital$60.00$39.5551.71%20.36%
Sep 16, 2024Joshua SpectorUBS$54.00$38.4540.46%8.32%
Sep 10, 2024Mike LeitheadBarclays$44.00$37.2818.03%-11.74%
Sep 10, 2024Charles NeivertPiper Sandler$68.00$37.2482.57%36.41%
Sep 03, 2024Ben IsaacsonScotiabank$60.00$44.5234.77%20.36%
Aug 07, 2024Charles NeivertPiper Sandler$51.00$42.2020.85%2.31%
Jun 03, 2024Nelson NgRBC Capital$55.00$53.682.46%10.33%
Apr 29, 2024Ben IsaacsonScotiabank$58.00$50.3515.19%16.35%
Feb 08, 2024Joshua SpectorUBS$60.00$44.9433.51%20.36%
Nov 01, 2023UBS$45.00$43.303.93%-9.73%
Feb 06, 2023RBC Capital$50.00$51.36-2.65%0.30%
Nov 30, 2022RBC Capital$45.00$40.3811.44%-9.73%
May 02, 2022Michael LeitheadBarclays$63.00$50.1625.60%26.38%
Oct 29, 2021Jacob BoutCIBC$53.32$44.5319.73%6.95%
Oct 05, 2021Ben IsaacsonScotiabank$56.00$51.508.74%12.34%
Sep 27, 2021Laurence AlexanderJefferies$56.00$47.8617.01%12.34%

The latest Methanex stock forecast, released on Sep 17, 2024 by Joel Jackson from BMO Capital, set a price target of $60.00, which represents a 51.71% increase from the stock price at the time of the forecast ($39.55), and a 20.36% increase from MEOH last price ($49.85).

Methanex Price Target by Period

1M3M12M
# Anlaysts--9
Avg Price Target--$56.67
Last Closing Price$49.85$49.85$49.85
Upside/Downside-100.00%-100.00%13.68%

In the current month, the average price target of Methanex stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Methanex's last price of $49.85. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025Raymond JamesOutperformOutperformHold
Dec 10, 2024CIBCNeutralOutperformUpgrade
Dec 02, 2024RBC CapitalSector PerformSector PerformHold
Sep 17, 2024BMO CapitalOutperformOutperformHold
Sep 16, 2024UBSBuyBuyHold
Sep 10, 2024Piper SandlerOverweightOverweightHold
Sep 10, 2024BarclaysOverweightEqual-WeightDowngrade
Sep 09, 2024Raymond JamesOutperformOutperformHold
Sep 09, 2024ScotiabankOutperformOutperformHold
Sep 03, 2024ScotiabankSector OutperformSector OutperformHold
Aug 07, 2024Piper SandlerNeutralOverweightUpgrade
Jul 18, 2024CIBCNeutralNeutralHold
Jul 10, 2024ScotiabankOutperformOutperformHold
Jul 09, 2024UBSBuyBuyHold
Jun 28, 2024RBC CapitalSector PerformSector PerformHold
Jun 03, 2024RBC CapitalSector PerformSector PerformHold
Apr 29, 2024ScotiabankOutperformOutperformHold
Apr 29, 2024ScotiabankSector OutperformSector OutperformHold
Feb 08, 2024UBSNeutralBuyUpgrade
Nov 01, 2023UBSNeutralUpgrade
Oct 30, 2023ScotiabankOutperformSector OutperformUpgrade
Sep 19, 2023Raymond JamesOutperformUpgrade
Sep 19, 2023DaiwaNeutralDowngrade
Apr 11, 2023Piper SandlerNeutralUpgrade
Mar 13, 2023Morgan StanleyEqual-WeightInitialise
Mar 13, 2023Credit SuisseOutperformInitialise
Mar 13, 2023Cowen & Co.Market PerformDowngrade
Mar 13, 2023BernsteinMarket PerformDowngrade
Mar 13, 2023Truist FinancialMarket PerformUpgrade
Mar 13, 2023Wells FargoEqual-WeightDowngrade
Mar 13, 2023CitigroupBuyUpgrade
Mar 13, 2023Seaport GlobalBuyUpgrade
Mar 13, 2023Vertical ResearchBuyUpgrade
Mar 13, 2023Alembic GlobalOverweightUpgrade
Feb 06, 2023RBC CapitalSector PerformSector PerformHold
Feb 06, 2023Tudor PickeringBuyUpgrade
Nov 30, 2022Wolfe ResearchPeer PerformDowngrade
Nov 30, 2022RBC CapitalSector PerformOutperformInitialise
Nov 30, 2022JefferiesHoldInitialise
Nov 30, 2022Janney MontgomeryNeutralInitialise
Nov 30, 2022BenchmarkHoldDowngrade
Nov 30, 2022RBC CapitalSector PerformDowngrade
Sep 26, 2022ScotiabankSector OutperformOutperformUpgrade
Sep 26, 2022ScotiabankSector OutperformUpgrade
May 02, 2022BarclaysOverweightOverweightHold

Methanex's last stock rating was published by Raymond James on Jan 14, 2025. The company gave MEOH a "Outperform" rating, the same as its previous rate.

Methanex Financial Forecast

Methanex Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------------$1.04B$986.12M$1.01B$1.14B$1.18B$1.25B$1.08B$1.07B$1.02B$811.32M$581.26M$512.29M$745.09M$1.16B$649.69M
Avg Forecast$1.09B$981.29M$998.33M$1.03B$1.12B$1.02B$992.55M$1.04B$973.42M$864.75M$955.66M$860.12M$868.82M$756.98M$881.59M$949.79M$921.48M$947.76M$1.13B$1.20B$1.20B$972.16M$901.33M$789.66M$641.81M$449.05M$492.14M$698.61M$736.85M$634.16M
High Forecast$1.12B$1.01B$1.03B$1.07B$1.16B$1.05B$1.03B$1.08B$1.04B$893.54M$987.48M$888.76M$898.51M$901.33M$910.94M$981.41M$979.20M$947.76M$1.13B$1.20B$1.20B$972.16M$901.33M$789.66M$641.81M$449.05M$492.14M$698.61M$736.85M$634.16M
Low Forecast$1.03B$929.13M$945.26M$979.08M$1.06B$964.42M$939.79M$956.08M$924.75M$818.78M$904.86M$814.40M$820.42M$633.04M$834.73M$899.30M$854.25M$947.76M$1.13B$1.20B$1.20B$972.16M$901.33M$789.66M$641.81M$449.05M$492.14M$698.61M$736.85M$634.16M
# Analysts222211145222464424443333310101099
Surprise %---------------1.09%1.07%1.07%1.01%0.98%1.05%1.11%1.19%1.29%1.26%1.29%1.04%1.07%1.57%1.02%

Methanex's average Quarter revenue forecast for Jun 23 based on 4 analysts is $881.59M, with a low forecast of $834.73M, and a high forecast of $910.94M. MEOH's average Quarter revenue forecast represents a -15.10% decrease compared to the company's last Quarter revenue of $1.04B (Mar 23).

Methanex EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145222464424443333310101099
EBITDA---------------$233.08M$183.92M$178.12M$305.27M$305.09M$343.64M$226.94M$265.06M$264.63M$90.94M$24.90M$32.20M$157.40M$138.59M$89.26M
Avg Forecast$200.25M$180.79M$183.93M$190.51M$206.87M$187.66M$182.87M$191.63M$179.34M$159.32M$176.07M$271.52M$160.07M$139.46M$162.42M$246.84M$56.36M$191.44M$227.82M$264.00M$241.59M$196.37M$182.06M$269.49M$129.64M$90.70M$99.41M$139.91M$148.84M$128.10M
High Forecast$206.92M$186.81M$190.05M$196.85M$213.75M$193.91M$188.95M$199.14M$191.65M$164.62M$181.93M$325.83M$165.54M$166.06M$167.83M$296.21M$67.63M$191.44M$227.82M$316.80M$241.59M$196.37M$182.06M$323.39M$129.64M$90.70M$99.41M$167.89M$148.84M$128.10M
Low Forecast$189.61M$171.18M$174.15M$180.38M$195.87M$177.68M$173.14M$176.14M$170.37M$150.85M$166.71M$217.22M$151.15M$116.63M$153.79M$197.47M$45.09M$191.44M$227.82M$211.20M$241.59M$196.37M$182.06M$215.59M$129.64M$90.70M$99.41M$111.93M$148.84M$128.10M
Surprise %---------------0.94%3.26%0.93%1.34%1.16%1.42%1.16%1.46%0.98%0.70%0.27%0.32%1.13%0.93%0.70%

4 analysts predict MEOH's average Quarter EBITDA for Jun 23 to be $162.42M, with a high of $167.83M and a low of $153.79M. This is -30.31% lower than Methanex's previous annual EBITDA (Mar 23) of $233.08M.

Methanex Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145222464424443333310101099
Net Income---------------$90.10M$58.37M$128.02M$125.08M$118.52M$220.93M$70.53M$106.55M$104.69M$-26.82M$-87.88M$-64.75M$22.77M$8.98M$-9.91M
Avg Forecast$65.02M$59.38M$59.42M$60.27M$74.32M$59.31M$56.33M$80.73M$73.75M$38.78M$35.39M$112.15M$20.85M$-3.62M$36.62M$101.95M$-16.62M$41.65M$110.46M$109.04M$164.31M$88.05M$79.28M$106.61M$9.66M$-57.98M$-61.20M$20.24M$-4.91M$-4.24M
High Forecast$67.83M$61.95M$61.99M$62.88M$77.54M$61.88M$58.77M$113.46M$89.08M$40.46M$35.65M$134.58M$34.26M$5.07M$38.20M$122.34M$-13.30M$41.65M$110.46M$130.85M$164.31M$88.05M$79.28M$127.93M$9.66M$-57.98M$-61.20M$24.29M$-4.91M$-4.24M
Low Forecast$60.52M$55.28M$55.31M$56.10M$69.18M$55.21M$52.44M$64.73M$59.14M$36.10M$35.13M$89.72M$3.72M$-14.48M$34.09M$81.56M$-19.95M$41.65M$110.46M$87.23M$164.31M$88.05M$79.28M$85.29M$9.66M$-57.98M$-61.20M$16.19M$-4.91M$-4.24M
Surprise %---------------0.88%-3.51%3.07%1.13%1.09%1.34%0.80%1.34%0.98%-2.78%1.52%1.06%1.13%-1.83%2.34%

Methanex's average Quarter net income forecast for Jun 23 is $36.62M, with a range of $34.09M to $38.20M. MEOH's average Quarter net income forecast represents a -59.35% decrease compared to the company's last Quarter net income of $90.10M (Mar 23).

Methanex SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145222464424443333310101099
SG&A------------------------------
Avg Forecast$78.01M$70.42M$71.65M$74.21M$80.58M$73.10M$71.23M$74.65M$69.86M$62.06M$68.59M$61.73M$62.35M$54.33M$63.27M$68.16M$66.13M$97.45M$115.97M$122.89M$122.97M$99.96M$92.67M$81.19M$65.99M$46.17M$50.60M$71.83M$75.76M$65.20M
High Forecast$80.60M$72.77M$74.03M$76.68M$83.27M$75.53M$73.61M$77.57M$74.65M$64.13M$70.87M$63.78M$64.48M$64.69M$65.38M$70.43M$70.27M$97.45M$115.97M$122.89M$122.97M$99.96M$92.67M$81.19M$65.99M$46.17M$50.60M$71.83M$75.76M$65.20M
Low Forecast$73.86M$66.68M$67.84M$70.27M$76.30M$69.21M$67.45M$68.62M$66.37M$58.76M$64.94M$58.45M$58.88M$45.43M$59.91M$64.54M$61.31M$97.45M$115.97M$122.89M$122.97M$99.96M$92.67M$81.19M$65.99M$46.17M$50.60M$71.83M$75.76M$65.20M
Surprise %------------------------------

Methanex's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to MEOH last annual SG&A of $NaN (undefined).

Methanex EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145222464424443333310101099
EPS---------------$1.31$0.84$1.82$1.74$1.60$2.92$0.93$1.40$1.37$-0.35$-1.15$-0.85$0.30$0.12$-0.13
Avg Forecast$0.96$0.88$0.88$0.89$1.10$0.88$0.83$1.20$1.09$0.57$0.52$0.31$0.31$-0.05$0.54$0.95$0.44$0.62$1.64$2.02$2.44$1.31$1.18$1.05$0.14$-0.86$-0.91$0.08$-0.07$-0.06
High Forecast$1.00$0.92$0.92$0.93$1.15$0.92$0.87$1.68$1.32$0.60$0.53$0.31$0.51$0.08$0.57$0.99$0.48$0.62$1.64$2.02$2.44$1.31$1.18$1.05$0.14$-0.86$-0.91$0.08$-0.07$-0.06
Low Forecast$0.90$0.82$0.82$0.83$1.02$0.82$0.78$0.96$0.88$0.53$0.52$0.30$0.06$-0.21$0.50$0.88$0.40$0.62$1.64$2.02$2.44$1.31$1.18$1.05$0.14$-0.86$-0.91$0.08$-0.07$-0.06
Surprise %---------------1.38%1.90%2.95%1.06%0.79%1.20%0.71%1.19%1.30%-2.44%1.34%0.94%3.61%-1.65%2.07%

According to 4 Wall Street analysts, Methanex's projected average Quarter EPS for Jun 23 is $0.54, with a low estimate of $0.50 and a high estimate of $0.57. This represents a -58.59% decrease compared to MEOH previous annual EPS of $1.31 (Mar 23).

Methanex Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GPREGreen Plains$8.98$21.00133.85%Buy
TROXTronox$10.29$19.3387.85%Buy
ASIXAdvanSix$31.87$39.0022.37%Buy
HUNHuntsman$17.46$21.3322.16%Buy
WLKPWestlake Chemical Partners LP$24.52$29.0018.27%Buy
LXULSB Industries$8.60$10.0016.28%Buy
MEOHMethanex$49.85$57.2014.74%Buy

MEOH Forecast FAQ

Is Methanex a good buy?

Yes, according to 23 Wall Street analysts, Methanex (MEOH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 52.17% of MEOH's total ratings.

What is MEOH's price target?

Methanex (MEOH) average price target is $57.2 with a range of $44 to $68, implying a 14.74% from its last price of $49.85. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Methanex stock go up soon?

According to Wall Street analysts' prediction for MEOH stock, the company can go up by 14.74% (from the last price of $49.85 to the average price target of $57.2), up by 36.41% based on the highest stock price target, and down by -11.74% based on the lowest stock price target.

Can Methanex stock reach $70?

MEOH's average twelve months analyst stock price target of $57.2 does not support the claim that Methanex can reach $70 in the near future.

What are Methanex's analysts' financial forecasts?

Methanex's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.17B (high $4.32B, low $3.92B), average EBITDA is $769.02M (high $795.76M, low $722.84M), average net income is $270.69M (high $311.64M, low $241.56M), average SG&A $299.56M (high $309.98M, low $281.58M), and average EPS is $4.01 (high $4.62, low $3.58). MEOH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.1B (high $4.24B, low $3.88B), average EBITDA is $755.48M (high $780.64M, low $715.32M), average net income is $244.09M (high $254.65M, low $227.22M), average SG&A $294.29M (high $304.09M, low $278.65M), and average EPS is $3.62 (high $3.77, low $3.37).

Did the MEOH's actual financial results beat the analysts' financial forecasts?

Based on Methanex's last annual report (Dec 2022), the company's revenue was $4.31B, beating the average analysts forecast of $4.19B by 2.84%. Apple's EBITDA was $1.09B, beating the average prediction of $739.62M by 46.77%. The company's net income was $353.83M, beating the average estimation of $244.52M by 44.70%. Apple's SG&A was $0, missing the average forecast of $402.44M by -100.00%. Lastly, the company's EPS was $4.95, beating the average prediction of $4.72 by 4.80%. In terms of the last quarterly report (Mar 2023), Methanex's revenue was $1.04B, beating the average analysts' forecast of $949.79M by 9.33%. The company's EBITDA was $233.08M, missing the average prediction of $246.84M by -5.58%. Methanex's net income was $90.1M, missing the average estimation of $101.95M by -11.63%. The company's SG&A was $0, missing the average forecast of $68.16M by -100.00%. Lastly, the company's EPS was $1.31, beating the average prediction of $0.951 by 37.81%