Mayville Engineering Co Inc has a consensus price target of $18.5 based on the ratings of 4 analysts. The high is $24 issued by EF Hutton on May 8, 2024. The low is $14 issued by Baird on June 9, 2023. The 3 most-recent analyst ratings were released by Citigroup, Citigroup, and Northland Capital Markets on April 14, 2025, March 6, 2025, and November 7, 2024, respectively. With an average price target of $18 between Citigroup, Citigroup, and Northland Capital Markets, there's an implied 35.14% upside for Mayville Engineering Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/14/2025 | Buy Now | 20.12% | Citigroup | Andrew Kaplowitz80% | $18 → $16 | Maintains | Buy | Get Alert |
03/06/2025 | Buy Now | 35.14% | Citigroup | Andrew Kaplowitz80% | $22 → $18 | Maintains | Buy | Get Alert |
11/07/2024 | Buy Now | 50.15% | Northland Capital Markets | Ted Jackson48% | $30 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
10/08/2024 | Buy Now | 125.23% | Northland Capital Markets | Ted Jackson48% | $30 → $30 | Reiterates | Outperform → Outperform | Get Alert |
06/14/2024 | Buy Now | 125.23% | Northland Capital Markets | Ted Jackson48% | $20 → $30 | Maintains | Outperform | Get Alert |
05/08/2024 | Buy Now | 80.18% | EF Hutton | Tim Moore53% | $22 → $24 | Maintains | Buy | Get Alert |
04/08/2024 | Buy Now | 35.14% | Citigroup | Andrew Kaplowitz80% | $17 → $18 | Maintains | Buy | Get Alert |
03/07/2024 | Buy Now | 65.17% | EF Hutton | Tim Moore53% | → $22 | Maintains | Buy | Get Alert |
08/21/2023 | Buy Now | 72.67% | EF Hutton | Tim Moore53% | → $23 | Reiterates | Buy → Buy | Get Alert |
08/16/2023 | Buy Now | 72.67% | EF Hutton | Tim Moore53% | → $23 | Reiterates | Buy → Buy | Get Alert |
08/03/2023 | Buy Now | 72.67% | EF Hutton | Tim Moore53% | → $23 | Reiterates | Buy → Buy | Get Alert |
06/21/2023 | Buy Now | 65.17% | EF Hutton | Tim Moore53% | $21 → $22 | Maintains | Buy | Get Alert |
06/09/2023 | Buy Now | 5.11% | Baird | Mircea Dobre72% | → $14 | Downgrade | Outperform → Neutral | Get Alert |
05/17/2023 | Buy Now | 50.15% | Northland Capital Markets | Ted Jackson48% | → $20 | Initiates | → Outperform | Get Alert |
05/05/2023 | Buy Now | 27.63% | Citigroup | Andrew Kaplowitz80% | $18 → $17 | Maintains | Buy | Get Alert |
05/04/2023 | Buy Now | 57.66% | EF Hutton | Tim Moore53% | $22 → $21 | Maintains | Buy | Get Alert |
05/04/2023 | Buy Now | 5.11% | Baird | Mircea Dobre72% | $16 → $14 | Maintains | Outperform | Get Alert |
04/26/2023 | Buy Now | 65.17% | EF Hutton | Tim Moore53% | → $22 | Initiates | → Buy | Get Alert |
12/09/2022 | Buy Now | 35.14% | Citigroup | Andrew Kaplowitz80% | $12 → $18 | Maintains | Buy | Get Alert |
11/03/2022 | Buy Now | 12.61% | Baird | Mircea Dobre72% | → $15 | Upgrade | Neutral → Outperform | Get Alert |
The latest price target for Mayville Engineering (NYSE:MEC) was reported by Citigroup on April 14, 2025. The analyst firm set a price target for $16.00 expecting MEC to rise to within 12 months (a possible 20.12% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Mayville Engineering (NYSE:MEC) was provided by Citigroup, and Mayville Engineering maintained their buy rating.
The last upgrade for Mayville Engineering Co Inc happened on November 3, 2022 when Baird raised their price target to $15. Baird previously had a neutral for Mayville Engineering Co Inc.
The last downgrade for Mayville Engineering Co Inc happened on November 7, 2024 when Northland Capital Markets changed their price target from $30 to $20 for Mayville Engineering Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mayville Engineering, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mayville Engineering was filed on April 14, 2025 so you should expect the next rating to be made available sometime around April 14, 2026.
While ratings are subjective and will change, the latest Mayville Engineering (MEC) rating was a maintained with a price target of $18.00 to $16.00. The current price Mayville Engineering (MEC) is trading at is $13.32, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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