MEI trades 134.7% below Wall Street's consensus target of $25.25.
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 November 9, 2026, Methode Electronics, Inc. (MEI) has a Wall Street consensus price target of $25.25, based on estimates from 6 covering analysts. With the stock currently trading at $10.76, this represents a potential upside of +134.7%. The company has a market capitalization of $382M.
Analyst price targets range from a low of $16.00 to a high of $30.00, representing a 55% spread in expectations. The median target of $27.50 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
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 -10.4x. Analysts expect EPS to grow -16.6% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CTSCTS Corporation | $1.7B | $57.87 | $73.50 | +27.0% | Hold | 20.6x | 4 |
 KLICKulicke and Soffa Industries, Inc. | $3.3B | $64.01 | $62.50 | -2.4% | Buy | 16.6x | 11 |
 PLXSPlexus Corp. | $5.1B | $192.17 | $313.33 | +63.0% | Buy | 22.1x | 19 |
 VICRVicor Corporation | $6.7B | $146.88 | $340.00 | +131.5% | Buy | 35.4x | 7 |
 SMTCSemtech Corporation | $9.6B | $103.21 | $216.82 | +110.1% | Buy | 60.9x | 36 |
 APHAmphenol Corporation | $183.9B | $74.59 | $103.83 | +39.2% | Buy | 26.5x | 30 |
 TET1 Energy Inc | $659M | $2.36 | $8.00 | +239.0% | Buy | — | 7 |
 HUBBHubbell Incorporated | $22.7B | $429.45 | $559.29 | +30.2% | Hold | 20.9x | 18 |
 ROGRogers Corporation | $2.2B | $121.96 | $150.00 | +23.0% | Buy | 31.4x | 13 |
 LYTSLSI Industries Inc. | $652M | $17.20 | $29.50 | +71.5% | Buy | 13.1x | 6 |
Quick answers to the most common questions about buying MEI stock.
The consensus Wall Street price target for MEI is $25.25, representing 134.7% upside from the current price of $10.76. With 6 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
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 $25.25 implies 134.7% upside from current levels.
MEI's current price is $10.76 with a consensus target of $25.25 (134.7% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $30 for MEI, while the most conservative target is $16. The consensus of $25.25 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 $25.25, with estimates ranging from $16 (bear case) to $30 (bull case). The median consensus rating is "Hold".
Wall Street analysts are very optimistic on MEI, with a "Hold" consensus rating and $25.25 price target (134.7% upside). 2 of 6 analysts rate it Buy or Strong Buy. 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 $16 to $30, a 55% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $25.25 consensus represents the middle ground.
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