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Methode Electronics, Inc.NYSE:MEI Stock Report

Market Cap US$408.9m
Share Price
US$11.54
US$10
15.4% overvalued intrinsic discount
1Y45.2%
7D2.7%
1D
Portfolio Value
View

Methode Electronics, Inc.

NYSE:MEI Stock Report

Market Cap: US$408.9m

MEI Community Fair Values

Create Narrative

See what 20 others think this stock is worth. Follow their fair value or set your own to get alerts.

Methode Electronics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Methode Electronics
Historical stock prices
Current Share PriceUS$11.54
52 Week HighUS$15.55
52 Week LowUS$4.88
Beta1.45
1 Month Change33.72%
3 Month Change36.25%
1 Year Change45.16%
3 Year Change-74.03%
5 Year Change-76.57%
Change since IPO422.57%

Recent News & Updates

Narrative Update May 22

MEI: Narrowed 2026 Sales Outlook And Margin Assumptions Will Shape Future Returns

Analysts have modestly adjusted their $10.00 price target on Methode Electronics, reflecting updated views on its discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Methode Electronics revised its full-year fiscal 2026 net sales guidance to a range of $950 million to $1 billion, narrowing the prior outlook of $900 million to $1 billion (Corporate guidance).
Seeking Alpha May 08

Methode Electronics: Still Waiting For Real Turnaround Proof

Summary Methode Electronics remains a hold as Q3 results show no clear turnaround, with weak profitability and a cut in FY2026 guidance. The automotive segment continues to drag on MEI, posting an 8.2% YoY revenue drop and increasing operating losses, undermining overall transformation efforts. The industrial segment demonstrates strength with 9.5% YoY revenue growth and a 20.6% operating margin, while Power Solutions shows promising long-term growth potential. Despite cash flow improvements and portfolio simplification, MEI's weak adjusted EBITDA margin and persistent automotive losses limit confidence in a near-term rebound. Read the full article on Seeking Alpha
Narrative Update Apr 29

MEI: Refined 2026 Guidance And Margins Will Support Future Upside Potential

Analysts have modestly adjusted their price target on Methode Electronics to $10.00, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, which they see as better aligning the valuation with current conditions. What's in the News Methode Electronics revised its full year fiscal 2026 net sales guidance to a range of $950 million to $1 billion, narrowing the prior outlook of $900 million to $1 billion (company guidance).
Narrative Update Apr 15

MEI: Higher Guidance Range Will Support Future Upside Despite Margin Pressure

Analysts have reduced their fair value estimate for Methode Electronics from $9.50 to $8.25, reflecting updated assumptions that combine a higher discount rate and P/E multiple with modest revenue growth and a lower profit margin outlook. What's in the News Methode Electronics updated its full-year fiscal 2026 net sales guidance to a range of US$950 million to US$1 billion, narrowing its prior outlook of US$900 million to US$1 billion (company guidance).

Recent updates

Narrative Update May 22

MEI: Narrowed 2026 Sales Outlook And Margin Assumptions Will Shape Future Returns

Analysts have modestly adjusted their $10.00 price target on Methode Electronics, reflecting updated views on its discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Methode Electronics revised its full-year fiscal 2026 net sales guidance to a range of $950 million to $1 billion, narrowing the prior outlook of $900 million to $1 billion (Corporate guidance).
Seeking Alpha May 08

Methode Electronics: Still Waiting For Real Turnaround Proof

Summary Methode Electronics remains a hold as Q3 results show no clear turnaround, with weak profitability and a cut in FY2026 guidance. The automotive segment continues to drag on MEI, posting an 8.2% YoY revenue drop and increasing operating losses, undermining overall transformation efforts. The industrial segment demonstrates strength with 9.5% YoY revenue growth and a 20.6% operating margin, while Power Solutions shows promising long-term growth potential. Despite cash flow improvements and portfolio simplification, MEI's weak adjusted EBITDA margin and persistent automotive losses limit confidence in a near-term rebound. Read the full article on Seeking Alpha
Narrative Update Apr 29

MEI: Refined 2026 Guidance And Margins Will Support Future Upside Potential

Analysts have modestly adjusted their price target on Methode Electronics to $10.00, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, which they see as better aligning the valuation with current conditions. What's in the News Methode Electronics revised its full year fiscal 2026 net sales guidance to a range of $950 million to $1 billion, narrowing the prior outlook of $900 million to $1 billion (company guidance).
Narrative Update Apr 15

MEI: Higher Guidance Range Will Support Future Upside Despite Margin Pressure

Analysts have reduced their fair value estimate for Methode Electronics from $9.50 to $8.25, reflecting updated assumptions that combine a higher discount rate and P/E multiple with modest revenue growth and a lower profit margin outlook. What's in the News Methode Electronics updated its full-year fiscal 2026 net sales guidance to a range of US$950 million to US$1 billion, narrowing its prior outlook of US$900 million to US$1 billion (company guidance).
Narrative Update Apr 01

MEI: Refined 2026 Guidance And Margins Will Underpin Bullish Upside Potential

Analysts have nudged their price target on Methode Electronics down by $0.50, citing updated assumptions for revenue growth, profit margin, and future P/E that refine their overall view rather than signaling a major shift. Analyst Commentary Bullish analysts view the modest $0.50 trim to the price target as a fine tuning of their framework rather than a shift in conviction, keeping an overall constructive stance on Methode Electronics.
Narrative Update Mar 17

MEI: Updated 2026 Sales Guidance And Execution Discipline Will Support Bullish Case

Analysts have reduced their price target on Methode Electronics by $0.50, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E that together indicate a more measured outlook for the shares. Analyst Commentary Despite the modest $0.50 reduction in the price target, bullish analysts still highlight several supportive factors that keep Methode Electronics on their radar, especially for investors focusing on execution and valuation discipline.
Narrative Update Mar 03

MEI: 2026 Guidance And Discount Assumptions Will Continue To Shape A Balanced Outlook

Analysts trimmed their price target on Methode Electronics by $0.50, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Bearish analysts cutting their price targets by $0.50 are signaling a more cautious stance on Methode Electronics, with a focus on how assumptions about discount rates, revenue, margins, and future P/E might affect the stock's risk and reward profile.
Narrative Update Feb 17

MEI: 2026 Guidance And Discount Assumptions Will Shape A Cautious Yet Balanced Outlook

Analysts have trimmed their price target on Methode Electronics by $0.50, citing updates in discount rate assumptions, revenue growth expectations, profit margin outlook, and future P/E multiples as key drivers of the revision. Analyst Commentary Bearish analysts cutting their price target by $0.50 are signaling a more cautious stance on Methode Electronics, with the changes linked directly to updated assumptions on discount rates, revenue growth, margins, and future P/E multiples.
Analysis Article Feb 04

Methode Electronics, Inc. (NYSE:MEI) Held Back By Insufficient Growth Even After Shares Climb 27%

The Methode Electronics, Inc. ( NYSE:MEI ) share price has done very well over the last month, posting an excellent...
Narrative Update Feb 03

MEI: 2026 Guidance And Revised Assumptions Will Shape A Measured Outlook

Analysts have trimmed their price target on Methode Electronics by US$0.50, citing updated assumptions around the discount rate, long-term revenue growth, profit margin, and future P/E expectations. Analyst Commentary Bearish analysts have reacted to the revised assumptions on discount rate, long term revenue growth, profit margin, and future P/E by trimming their price targets, including a US$0.50 cut in the latest update.
Analysis Article Jan 28

Is It Too Late To Consider Buying Methode Electronics, Inc. (NYSE:MEI)?

While Methode Electronics, Inc. ( NYSE:MEI ) might not have the largest market cap around , it led the NYSE gainers...
New Narrative Jan 23

METHODE ELECTRONICS (MEI): A Short Circuit or Just a Blown Fuse?

Originally posted Jan 22 on the Woodworth Contrarian News page : https://www.woodworth.fund/news/methode-electronics-mei-a-short-circuit-or-just-a-blown-fuse Brought to you by Drew Millegan & The Woodworth Contrarian Fund If you want to clear a room at a cocktail party in 2026, tell them you’re excited about an auto-parts supplier undergoing a "transformation" during an EV slowdown. If you want to clear the room even faster, mention that its revenue is down double-digits and it just missed earnings.
Narrative Update Jan 20

MEI: Future Margin Recovery And 2026 Guidance Will Support A Higher Share Price

Analysts have reduced their fair value estimate for Methode Electronics from US$9.00 to US$8.50, citing slightly softer margin expectations and updated assumptions on growth and discount rates reflected in recent research. Analyst Commentary Bearish analysts cutting their fair value estimates, including the recent trim from US$9.00 to US$8.50, are signaling a more cautious stance on Methode Electronics.
Narrative Update Jan 05

MEI: Dividend Commitment And 2026 Revenue Outlook Will Support Bullish Case

Analysts have reduced their price target on Methode Electronics from $12.00 to $10.00, citing updated assumptions for revenue growth, profit margins, and future P/E that slightly temper the company’s fair value outlook. What's in the News Methode Electronics reaffirmed earnings guidance for fiscal 2026, with expected sales in a range of US$900 million to US$1,000 million, giving you a sense of the revenue scale management is planning for (company guidance).
Narrative Update Dec 14

MEI: Future Dividend And Earnings Outlook Will Support A Higher Share Price

Analysts have raised their price target on Methode Electronics by approximately 29 percent to reflect a modest return to revenue growth, a slightly higher required return, and expectations for a richer future earnings multiple, despite a marginally lower profit margin outlook. What's in the News Methode Electronics reaffirmed its earnings guidance for fiscal 2026, projecting sales in the range of $900 million to $1,000 million (Company guidance).
Analysis Article Dec 07

Methode Electronics, Inc. (NYSE:MEI) Just Reported, And Analysts Assigned A US$9.50 Price Target

Methode Electronics, Inc. ( NYSE:MEI ) investors will be delighted, with the company turning in some strong numbers...
Analysis Article Dec 04

Methode Electronics, Inc. (NYSE:MEI) Held Back By Insufficient Growth Even After Shares Climb 28%

The Methode Electronics, Inc. ( NYSE:MEI ) share price has done very well over the last month, posting an excellent...
Analysis Article Sep 12

Earnings Update: Here's Why Analysts Just Lifted Their Methode Electronics, Inc. (NYSE:MEI) Price Target To US$10.25

As you might know, Methode Electronics, Inc. ( NYSE:MEI ) just kicked off its latest first-quarter results with some...
Narrative Update Aug 26

Data Center And EV Demand Will Unlock Long-Term Opportunity

The notable reduction in Methode Electronics’ consensus revenue growth forecast, now projecting a steeper annual decline, has driven a lower analyst price target from $10.50 to $9.50. What's in the News Methode Electronics provided fiscal 2026 net sales guidance of $900 million to $1,000 million.
Analysis Article Aug 13

Is Methode Electronics (NYSE:MEI) Using Debt Sensibly?

NYSE:MEI 1 Year Share Price vs Fair Value Explore Methode Electronics's Fair Values from the Community and select yours...
Analysis Article Jul 05

Improved Revenues Required Before Methode Electronics, Inc. (NYSE:MEI) Stock's 26% Jump Looks Justified

Methode Electronics, Inc. ( NYSE:MEI ) shares have continued their recent momentum with a 26% gain in the last month...
Analysis Article May 09

Methode Electronics, Inc.'s (NYSE:MEI) Share Price Boosted 32% But Its Business Prospects Need A Lift Too

Those holding Methode Electronics, Inc. ( NYSE:MEI ) shares would be relieved that the share price has rebounded 32% in...
Analysis Article Apr 28

What Does Methode Electronics, Inc.'s (NYSE:MEI) Share Price Indicate?

Methode Electronics, Inc. ( NYSE:MEI ), might not be a large cap stock, but it saw a decent share price growth of 20...
User avatar
New Narrative Apr 26

New Program Launches And Leadership Refresh Will Transform Markets

Methode Electronics anticipates future revenue growth through new program launches and demand in non-transportation sectors.
Analysis Article Apr 10

Methode Electronics (NYSE:MEI) Will Pay A Dividend Of $0.14

Methode Electronics, Inc. ( NYSE:MEI ) has announced that it will pay a dividend of $0.14 per share on the 2nd of May...
Seeking Alpha Mar 27

Methode Electronics: Manufacturing Challenges, Legal Risks And The Potential Of Electric Vehicles

Summary Methode Electronics faces significant risks due to production delays, quality issues, and legal troubles, despite operating in the growing EV sector. Financial struggles include a revenue drop from $1.179.6 million in 2022 to $1.068.3 million in 2024, and a net income decline to -$91.6 million. Positive aspects include a $200 million share repurchase program, a robust project pipeline in EVs, and a long history of dividend payments. A HOLD rating is advised, balancing operational and regulatory challenges with potential upside from new EV programs and strategic initiatives. Read the full article on Seeking Alpha
Analysis Article Mar 25

Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Methode Electronics, Inc. ( NYSE:MEI ) will pay a dividend of $0.14 on the 2nd of May. Based on this payment, the...
Analysis Article Mar 07

Why Investors Shouldn't Be Surprised By Methode Electronics, Inc.'s (NYSE:MEI) 36% Share Price Plunge

Unfortunately for some shareholders, the Methode Electronics, Inc. ( NYSE:MEI ) share price has dived 36% in the last...
Analysis Article Mar 05

Calculating The Intrinsic Value Of Methode Electronics, Inc. (NYSE:MEI)

Key Insights Methode Electronics' estimated fair value is US$8.68 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Jan 13

Methode Electronics (NYSE:MEI) Is Carrying A Fair Bit Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 16

Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Methode Electronics, Inc. ( NYSE:MEI ) has announced that it will pay a dividend of $0.14 per share on the 31st of...
Analysis Article Dec 08

Methode Electronics, Inc. (NYSE:MEI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$14.67

Methode Electronics, Inc. ( NYSE:MEI ) just released its quarterly report and things are looking bullish. Results...
Analysis Article Nov 07

Why Investors Shouldn't Be Surprised By Methode Electronics, Inc.'s (NYSE:MEI) Low P/S

You may think that with a price-to-sales (or "P/S") ratio of 0.3x Methode Electronics, Inc. ( NYSE:MEI ) is a stock...
Analysis Article Oct 02

Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

The board of Methode Electronics, Inc. ( NYSE:MEI ) has announced that it will pay a dividend of $0.14 per share on the...
Analysis Article Sep 15

Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14

The board of Methode Electronics, Inc. ( NYSE:MEI ) has announced that it will pay a dividend of $0.14 per share on the...
Analysis Article Jul 12

Improved Revenues Required Before Methode Electronics, Inc. (NYSE:MEI) Stock's 32% Jump Looks Justified

Methode Electronics, Inc. ( NYSE:MEI ) shares have had a really impressive month, gaining 32% after a shaky period...

Shareholder Returns

MEIUS ElectronicUS Market
7D2.7%1.8%1.6%
1Y45.2%97.5%28.5%

Return vs Industry: MEI underperformed the US Electronic industry which returned 98.6% over the past year.

Return vs Market: MEI exceeded the US Market which returned 28.6% over the past year.

Price Volatility

Is MEI's price volatile compared to industry and market?
MEI volatility
MEI Average Weekly Movement18.1%
Electronic Industry Average Movement9.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: MEI's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MEI's weekly volatility has increased from 12% to 18% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19466,500Jon DeGaynorwww.methode.com

Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers.

Methode Electronics, Inc. Fundamentals Summary

How do Methode Electronics's earnings and revenue compare to its market cap?
MEI fundamental statistics
Market capUS$408.87m
Earnings (TTM)-US$64.40m
Revenue (TTM)US$978.20m
0.4x
P/S Ratio
-6.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEI income statement (TTM)
RevenueUS$978.20m
Cost of RevenueUS$827.80m
Gross ProfitUS$150.40m
Other ExpensesUS$214.80m
Earnings-US$64.40m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.82
Gross Margin15.38%
Net Profit Margin-6.58%
Debt/Equity Ratio51.1%

How did MEI perform over the long term?

See historical performance and comparison

Dividends

1.7%
Current Dividend Yield
-17%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 14:31
End of Day Share Price 2026/05/29 00:00
Earnings2026/01/31
Annual Earnings2025/05/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Methode Electronics, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luke JunkBaird
Gary PrestopinoBarrington Research Associates, Inc.
Christopher Van HornB. Riley Securities, Inc.