MEI trades 39.4% above Wall Street's consensus target of $8.50.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MEI achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 23, 2026, Methode Electronics, Inc. (MEI) has a Wall Street consensus price target of $8.50, based on estimates from 6 covering analysts. With the stock currently trading at $13.94, this represents a potential downside of -39.4%. The company has a market capitalization of $494M.
Analyst price targets range from a low of $8.50 to a high of $8.50, representing a 0% spread in expectations. The median target of $8.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 2 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, MEI trades at a trailing P/E of -7.9x. Analysts expect EPS to grow +33.4% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
CTSCTS Corporation | $2.0B | $68.31 | — | — | Hold | 27.6x | 4 |
KLICKulicke and Soffa Industries, Inc. | $6.5B | $124.22 | $70.00 | -42.6% | Buy | 35.7x | 11 |
PLXSPlexus Corp. | $8.1B | $303.82 | $265.00 | -11.7% | Buy | 36.6x | 18 |
VICRVicor Corporation | $16.5B | $365.53 | $297.50 | -10.2% | Buy | 111.5x | 7 |
SMTCSemtech Corporation | $16.3B | $174.73 | $203.30 | +28.5% | Buy | 93.3x | 32 |
APHAmphenol Corporation | $204.0B | $165.96 | $182.89 | +11.5% | Buy | 34.2x | 29 |
TET1 Energy Inc | $1.8B | $10.40 | $13.33 | +42.6% | Buy | — | 7 |
HUBBHubbell Incorporated | $28.7B | $539.39 | $551.33 | +5.3% | Hold | 26.5x | 17 |
ROGRogers Corporation | $3.0B | $166.51 | $150.00 | -7.8% | Buy | 44.7x | 12 |
LYTSLSI Industries Inc. | $811M | $26.04 | $28.50 | +7.1% | Buy | 23.7x | 5 |
Quick answers to the most common questions about buying MEI stock.
MEI's consensus price target is $8.5, -39.4% below the current price of $13.94. The 6 analysts tracking MEI see downside risk at present valuations.
MEI has a consensus rating of "Hold" based on 6 Wall Street analysts. The rating breakdown is mixed, with 4 Hold ratings making up the largest segment. The consensus 12-month price target of $8.5 implies -39.4% downside from current levels.
MEI's current price is $13.94 with a consensus target of $8.5 (-39.4% implied move). Analyst estimates suggest the stock is overvalued at current levels.
The most bullish Wall Street analyst has a price target of $8.5 for MEI, while the most conservative target is $8.5. The consensus of $8.5 represents the median expectation. These targets typically reflect 12-month expectations.
MEI is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MEI stock forecast based on 6 Wall Street analysts shows a consensus price target of $8.5, with estimates ranging from $8.5 (bear case) to $8.5 (bull case). The median consensus rating is "Hold".
Analysts are cautious on MEI, with 0 Sell ratings and a price target of $8.5 (-39.4% from current price). The "Hold" 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.
MEI analyst price targets range from $8.5 to $8.5, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.5 consensus represents the middle ground.
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