Mayville Engineering Company, Inc. (MEC) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$25.98
Price Target
$21.50
Target Range
$20.00 — $23.00
Analyst Rating
Buy
Forward P/E217.8x
Trailing P/E-65.0x
Forward PEG—
Implied Growth+115.0%
Median Target$21.50
Analyst Spread14.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$20
-23.0%
Consensus
$22
-17.2%
Bull Case
$23
-11.5%
MEC Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Mayville Engineering Company, Inc. (MEC) has a Wall Street consensus price target of $21.50, based on estimates from 7 covering analysts. With the stock currently trading at $25.98, this represents a potential downside of -17.2%. The company has a market capitalization of $528M.
Analyst price targets range from a low of $20.00 to a high of $23.00, representing a 14% spread in expectations. The median target of $21.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, MEC trades at a trailing P/E of -65.0x and forward P/E of 217.8x. Analysts expect EPS to grow +115.0% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+12.5%
Avg Forward P/E23.9x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KFRCKforce Inc. | $790M | $43.22 | $71.00 | +64.3% | Hold | 18.0x | 10 |
 TWINTwin Disc, Incorporated | $266M | $18.41 | — | — | Hold | 25.2x | 4 |
 ESABESAB Corporation | $6.2B | $102.42 | $146.67 | +43.2% | Buy | 17.7x | 10 |
 NNNextNav Inc. | $2.6B | $19.51 | $26.33 | +35.0% | Buy | — | 3 |
 CWCurtiss-Wright Corporation | $26.7B | $723.32 | $708.50 | -2.0% | Buy | 48.0x | 25 |
 MTRNMaterion Corporation | $4.0B | $191.06 | $161.00 | -15.7% | Buy | 30.0x | 10 |
 KALUKaiser Aluminum Corporation | $2.9B | $176.16 | $160.00 | -9.2% | Hold | 18.7x | 22 |
 ZEUSOlympic Steel, Inc. | $533M | $47.86 | $41.00 | -14.3% | Buy | 20.7x | 6 |
 STLDSteel Dynamics, Inc. | $33.7B | $232.92 | $188.40 | -19.1% | Buy | 15.6x | 27 |
 DNOWDnow Inc. | $1.5B | $13.07 | $17.00 | +30.1% | Buy | 20.7x | 16 |
Upside Potential Comparison
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Start ComparisonMEC — Frequently Asked Questions
Quick answers to the most common questions about buying MEC stock.
What is the MEC stock price target for 2026?
MEC's consensus price target is $21.5, -17.2% below the current price of $25.98. The 7 analysts tracking MEC see downside risk at present valuations.
Is MEC a buy, sell, or hold?
MEC has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $21.5 implies -17.2% downside from current levels.
Is MEC stock overvalued or undervalued?
At a forward P/E of 217.7703x, MEC trades at a premium valuation. The consensus price target of $21.5 (-17.2% downside) suggests analysts may view current valuations as stretched.
How high can MEC stock go?
The most bullish Wall Street analyst has a price target of $23 for MEC, while the most conservative target is $20. The consensus of $21.5 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover MEC stock?
MEC is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the MEC stock forecast?
The 12-month MEC stock forecast based on 7 Wall Street analysts shows a consensus price target of $21.5, with estimates ranging from $20 (bear case) to $23 (bull case). The median consensus rating is "Buy".
What is MEC's forward P/E ratio?
MEC trades at a forward P/E ratio of 217.8x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy MEC stock?
Analysts are cautious on MEC, with 0 Sell ratings and a price target of $21.5 (-17.2% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do MEC price targets vary so much?
MEC analyst price targets range from $20 to $23, a 14% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $21.5 consensus represents the middle ground.