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$12.57
-0.23-1.80%
At close: -
$12.57
0.000.00%
After Hours: Apr 4, 4:02 PM EDT
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Mayville Engineering Analyst Ratings and Price Targets | NYSE:MEC | Benzinga
Mayville Engineering Co Inc has a consensus price target of $19 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, Northland Capital Markets, and Northland Capital Markets on March 6, 2025, November 7, 2024, and October 8, 2024, respectively. With an average price target of $22.67 between Citigroup, Northland Capital Markets, and Northland Capital Markets, there's an implied 80.32% upside for Mayville Engineering Co Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Northland Capital Markets
EF Hutton
Baird
1calculated from analyst ratings
Analyst Ratings for Mayville Engineering
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/06/2025 | Buy Now | 43.2% | Citigroup | Andrew Kaplowitz81% | $22 → $18 | Maintains | Buy | Get Alert |
| 11/07/2024 | Buy Now | 59.11% | Northland Capital Markets | Ted Jackson45% | $30 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
| 10/08/2024 | Buy Now | 138.66% | Northland Capital Markets | Ted Jackson45% | $30 → $30 | Reiterates | Outperform → Outperform | Get Alert |
| 06/14/2024 | Buy Now | 138.66% | Northland Capital Markets | Ted Jackson45% | $20 → $30 | Maintains | Outperform | Get Alert |
| 05/08/2024 | Buy Now | 90.93% | EF Hutton | Tim Moore54% | $22 → $24 | Maintains | Buy | Get Alert |
| 04/08/2024 | Buy Now | 43.2% | Citigroup | Andrew Kaplowitz81% | $17 → $18 | Maintains | Buy | Get Alert |
| 03/07/2024 | Buy Now | 75.02% | EF Hutton | Tim Moore54% | → $22 | Maintains | Buy | Get Alert |
| 08/21/2023 | Buy Now | 82.98% | EF Hutton | Tim Moore54% | → $23 | Reiterates | Buy → Buy | Get Alert |
| 08/16/2023 | Buy Now | 82.98% | EF Hutton | Tim Moore54% | → $23 | Reiterates | Buy → Buy | Get Alert |
| 08/03/2023 | Buy Now | 82.98% | EF Hutton | Tim Moore54% | → $23 | Reiterates | Buy → Buy | Get Alert |
| 06/21/2023 | Buy Now | 75.02% | EF Hutton | Tim Moore54% | $21 → $22 | Maintains | Buy | Get Alert |
| 06/09/2023 | Buy Now | 11.38% | Baird | Mircea Dobre74% | → $14 | Downgrade | Outperform → Neutral | Get Alert |
| 05/17/2023 | Buy Now | 59.11% | Northland Capital Markets | Ted Jackson45% | → $20 | Initiates | → Outperform | Get Alert |
| 05/05/2023 | Buy Now | 35.24% | Citigroup | Andrew Kaplowitz81% | $18 → $17 | Maintains | Buy | Get Alert |
| 05/04/2023 | Buy Now | 67.06% | EF Hutton | Tim Moore54% | $22 → $21 | Maintains | Buy | Get Alert |
| 05/04/2023 | Buy Now | 11.38% | Baird | Mircea Dobre74% | $16 → $14 | Maintains | Outperform | Get Alert |
| 04/26/2023 | Buy Now | 75.02% | EF Hutton | Tim Moore54% | → $22 | Initiates | → Buy | Get Alert |
| 12/09/2022 | Buy Now | 43.2% | Citigroup | Andrew Kaplowitz81% | $12 → $18 | Maintains | Buy | Get Alert |
| 11/03/2022 | Buy Now | 19.33% | Baird | Mircea Dobre74% | → $15 | Upgrade | Neutral → Outperform | Get Alert |
FAQ
What is the target price for Mayville Engineering (MEC) stock?
The latest price target for Mayville Engineering (NYSE:MEC) was reported by Citigroup on March 6, 2025. The analyst firm set a price target for $18.00 expecting MEC to rise to within 12 months (a possible 43.20% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Mayville Engineering (MEC)?
The latest analyst rating for Mayville Engineering (NYSE:MEC) was provided by Citigroup, and Mayville Engineering maintained their buy rating.
When was the last upgrade for Mayville Engineering (MEC)?
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.
When was the last downgrade for Mayville Engineering (MEC)?
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.
When is the next analyst rating going to be posted or updated for Mayville Engineering (MEC)?
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 March 6, 2025 so you should expect the next rating to be made available sometime around March 6, 2026.
Is the Analyst Rating Mayville Engineering (MEC) correct?
While ratings are subjective and will change, the latest Mayville Engineering (MEC) rating was a maintained with a price target of $22.00 to $18.00. The current price Mayville Engineering (MEC) is trading at is $12.57, which is out of the analyst’s predicted range.
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