Methode Electronics stock reports 10.4 percent sales growth
Published on 10/06/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Methode Electronics (ISIN US5915202007) reported fiscal Q1 2027 sales of USD 265.4 million, up 10.4 percent from the same quarter a year earlier, according to Stock Titan on September 2, 2026. The growth gives Methode a clear operating bright spot, but the earnings profile remains under pressure.
Sales growth meets another loss
Methode posted a net loss of USD 11.4 million for fiscal Q1 2027, while adjusted EBITDA fell to USD 13.7 million from USD 15.7 million a year earlier. The adjusted EBITDA margin therefore declined from 6.5 percent to 5.2 percent, according to Stock Titan.
The quarter also produced a USD 10.9 million free cash flow outflow, compared with a USD 18.0 million inflow in the prior-year quarter. That contrast makes cash conversion a key counterweight to the 10.4 percent sales increase.
Industrial segment leads the advance
The Industrial segment delivered 27.0 percent sales growth and USD 31.6 million in operating income during fiscal Q1 2027. Data center, on-highway and off-highway lighting volumes were the main contributors cited in the filing summary from Stock Titan.
Methode affirmed fiscal 2027 guidance for sales of USD 1.025 billion to USD 1.075 billion and adjusted EBITDA of USD 72 million to USD 82 million. The company also reduced net debt to USD 194.3 million after a USD 10.1 million repayment, leaving profitability and leverage as the main tests for the guidance.
Consensus target stays above the share price
MarketBeat reports a Hold consensus from six analysts, with two Buy ratings, three Holds and one Sell. The average target is USD 22.00, while published targets range from USD 16.00 to USD 30.00.
Against MEI's USD 15.40 last price, the USD 22.00 consensus target lies 42.9 percent above the share price. The gap is wide, but the range from USD 16.00 to USD 30.00 also shows that analyst conviction is uneven.
MEI was last at USD 15.40
MEI was last at USD 15.40 on the NYSE on October 5, 2026 at 4:00 p.m. ET, down 2.16 percent from the prior close. The session range was USD 15.40 to USD 16.09, while the 52-week range stood at USD 4.88 to USD 20.38.
Methode Electronics stock facts
- Company: Methode Electronics, Inc.
- ISIN: US5915202007
- Ticker: MEI
- Trading venue: NYSE
- Price (as of October 5, 2026, 4:00 p.m. ET): USD 15.40
- Market capitalization: USD 546.3 million (as of October 5, 2026)
- 52-week range: USD 4.88-20.38 (as of October 5, 2026)
- Volume: 427,991 shares (October 5, 2026)
- Sector / Industry: Technology / Hardware, Equipment and Parts
Upcoming dates for Methode Electronics stock
- October 16, 2026: Record date for the USD 0.05 quarterly dividend
- October 30, 2026: Dividend payment date
