MLAB trades 1.2% above Wall Street's consensus target of $94.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MLAB achieves its forward estimates and maintains a stable P/E multiple of 10.5x. This scenario reflects the blended consensus of 8 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Mesa Laboratories, Inc. (MLAB) has a Wall Street consensus price target of $94.00, based on estimates from 8 covering analysts. With the stock currently trading at $95.10, this represents a potential downside of -1.2%. The company has a market capitalization of $525M.
Analyst price targets range from a low of $94.00 to a high of $94.00, representing a 0% spread in expectations. The median target of $94.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, MLAB trades at a trailing P/E of 78.6x and forward P/E of 10.5x. The forward PEG ratio of 0.77 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +648.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $79.82, with bear and bull scenarios of $50.28 and $105.17 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
NEOGNeogen Corporation | $2.0B | $9.31 | $11.00 | +18.2% | Hold | 25.2x | 11 |
LFUSLittelfuse, Inc. | $12.1B | $479.82 | $478.75 | -0.2% | Buy | 33.0x | 12 |
NOVTNovanta Inc. | $5.5B | $155.30 | $180.00 | +15.9% | Buy | 43.3x | 3 |
RGENRepligen Corporation | $7.4B | $132.02 | $158.67 | +20.2% | Buy | 65.9x | 24 |
TRMBTrimble Inc. | $11.6B | $49.16 | $90.50 | +84.1% | Buy | 15.9x | 28 |
BIOBio-Rad Laboratories, Inc. | $7.6B | $282.44 | $321.67 | +13.9% | Buy | 31.2x | 14 |
IDXXIDEXX Laboratories, Inc. | $44.6B | $562.09 | $747.50 | +33.0% | Buy | 38.3x | 22 |
BRKRBruker Corporation | $8.7B | $57.23 | $47.67 | -16.7% | Buy | 27.0x | 32 |
FELEFranklin Electric Co., Inc. | $4.6B | $104.20 | $100.00 | -4.0% | Hold | 22.7x | 11 |
OSISOSI Systems, Inc. | $3.7B | $222.78 | $310.00 | +39.2% | Buy | 21.4x | 18 |
Quick answers to the most common questions about buying MLAB stock.
Wall Street's consensus price target for MLAB is $94, -1.2% from its current price of $95.1. The below-market target from 8 analysts suggests limited near-term appreciation.
MLAB has a consensus rating of "Hold" based on 8 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $94 implies -1.2% downside from current levels.
With a forward P/E of 10.4909x, MLAB trades at a relatively low valuation. The consensus target of $94 implies -1.2% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $94 for MLAB, while the most conservative target is $94. The consensus of $94 represents the median expectation. Our quantitative valuation model projects a bull case target of $105 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MLAB is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 5 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 MLAB stock forecast based on 8 Wall Street analysts shows a consensus price target of $94, with estimates ranging from $94 (bear case) to $94 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $80, with bear/bull scenarios of $50/$105.
Our quantitative valuation model calculates MLAB's fair value at $80 (base case), with a bear case of $50 and bull case of $105. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
MLAB trades at a forward P/E ratio of 10.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 78.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on MLAB, with 0 Sell ratings and a price target of $94 (-1.2% 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.
MLAB analyst price targets range from $94 to $94, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $94 consensus represents the middle ground. Our model's $50-$105 range provides an independent fundamental perspective.
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