MEC Similar Chart Price Prediction
The price of MEC is predicted to go up -1.82%, based on the high correlation periods with VNRX. The similarity of these two price pattern on the periods is 96.99%.
MEC
VNRX
Down: -1.82%Similarity: 96.99%
MEC Revenue Forecast
MEC EPS Forecast
MEC FAQs
What is MEC revenue forecast for next quarter？
The market consensus for MEC's revenue in the upcoming quarter is projected to be approximately $134.517M USD.
What is MEC eps forecast for next quarter？
MEC Analyst's Forecast
Andrew Kaplowitz
Citigroup
Strong Buy
2025-03-06
Price Target
$22 → $18
Upside
+26.67%
Citi analyst Andrew Kaplowitz lowered the firm's price target on Mayville Engineering to $18 from $22 and keeps a Buy rating on the shares post the Q4 report. The results came below expectations due to softness in demand and inventory destocking across key end-markets, pressuring margins, the analyst tells investors in a research note. Citi thinks Mayville's proactive cost measures should help offset near-term softness until a recovery in end market demand.
Ted Jackson
Northland Capital Markets
Buy → Hold
2024-11-07
Price Target
$30 → $20
Upside
+21.51%
