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NYSE: MEC
Mayville Engineering Company Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MEC

Based on 2 analysts offering 12 month price targets for Mayville Engineering Company Inc.
Min Forecast
$18.00+31.48%
Avg Forecast
$20.00+46.09%
Max Forecast
$22.00+60.7%

Should I buy or sell MEC stock?

Based on 2 analysts offering ratings for Mayville Engineering Company Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MEC stock forecasts and price targets.

MEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-08Find Out Why
lockedlocked$00.00+00.00%2024-03-07

1 of 1

Forecast return on equity

Is MEC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%

Forecast return on assets

Is MEC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MEC revenue forecast

What is MEC's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$628.6M+6.83%
Avg 2 year Forecast
$659.8M+12.13%
Avg 3 year Forecast
$682.1M+15.91%
MEC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MEC earnings growth forecast

How is MEC forecast to perform vs Metal Fabrication companies and vs the US market?
Company
108.41%
Industry
-59.37%
Market
21.46%
MEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MEC revenue growth forecast

How is MEC forecast to perform vs Metal Fabrication companies and vs the US market?
Company
5.12%
Industry
6.31%
Market
9.92%
MEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MEC vs Metal Fabrication Stocks

TickerPricePrice TargetUp/downsideConsensus
MEC$13.69$20.00+46.09%Strong Buy
NWPX$31.49$40.00+27.02%Strong Buy
TG$6.56N/AN/A
GIFI$6.76N/AN/A
TPCS$5.14N/AN/A
View Top Metal Fabrication Stocks

Mayville Engineering Company Stock Forecast FAQ

Is Mayville Engineering Company Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: MEC) stock is to Strong Buy MEC stock.

Out of 2 analysts, 2 (100%) are recommending MEC as a Strong Buy, 0 (0%) are recommending MEC as a Buy, 0 (0%) are recommending MEC as a Hold, 0 (0%) are recommending MEC as a Sell, and 0 (0%) are recommending MEC as a Strong Sell.

If you're new to stock investing, here's how to buy Mayville Engineering Company stock.

What is MEC's revenue growth forecast for 2024-2026?

(NYSE: MEC) Mayville Engineering Company's forecast annual revenue growth rate of 5.12% is not forecast to beat the US Metal Fabrication industry's average forecast revenue growth rate of 6.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Mayville Engineering Company's revenue in 2024 is $588,425,000.On average, 1 Wall Street analysts forecast MEC's revenue for 2024 to be $12,801,380,540, with the lowest MEC revenue forecast at $12,801,380,540, and the highest MEC revenue forecast at $12,801,380,540. On average, 1 Wall Street analysts forecast MEC's revenue for 2025 to be $13,436,765,639, with the lowest MEC revenue forecast at $13,436,765,639, and the highest MEC revenue forecast at $13,436,765,639.

In 2026, MEC is forecast to generate $13,889,884,819 in revenue, with the lowest revenue forecast at $13,889,884,819 and the highest revenue forecast at $13,889,884,819.

What is MEC's forecast return on assets (ROA) for 2024-2027?

(NYSE: MEC) forecast ROA is N/A, which is lower than the forecast US Metal Fabrication industry average of N/A.

What is MEC's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MEC price target, the average MEC price target is $20.00, with the highest MEC stock price forecast at $22.00 and the lowest MEC stock price forecast at $18.00.

On average, Wall Street analysts predict that Mayville Engineering Company's share price could reach $20.00 by Apr 8, 2025. The average Mayville Engineering Company stock price prediction forecasts a potential upside of 46.09% from the current MEC share price of $13.69.

What is MEC's forecast return on equity (ROE) for 2024-2027?

(NYSE: MEC) forecast ROE is N/A, which is considered weak.
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