Mayville Engineering raises 2026 outlook for Mayville Engineering stock
Published on 10/01/2026 at 11:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mayville Engineering raised its fiscal 2026 net sales outlook from USD 590 million to USD 620 million to USD 650 million, while the company also reported a second-quarter net loss. The update dated August 4, 2026 gives the growth story a sharper split between expanding demand and weaker profitability, according to StockTitan.
Guidance rises as sales accelerate
Net sales reached USD 162.98 million in the second quarter of 2026, up 23.20 percent from the same period a year earlier. Datacenter and Critical Power sales climbed to USD 29.05 million, an increase of 476.50 percent year over year, with organic growth contributing 172.80 percent.
The new full-year outlook also includes adjusted EBITDA of USD 52 million to USD 60 million and free cash flow of USD 7 million to USD 15 million. For the third quarter of 2026, management expects net sales of USD 160 million to USD 170 million and adjusted EBITDA of USD 15.50 million to USD 18.50 million.
Profitability remains the counterweight
MEC posted a net loss of USD 2.10 million, or USD 0.09 per diluted share, in the second quarter of 2026, compared with a USD 1.10 million loss a year earlier. Adjusted EBITDA was USD 13.17 million, equal to 8.10 percent of sales, down from 10.30 percent in the prior-year quarter.
The balance-sheet response was tangible: the common-stock offering generated USD 93.88 million, and net debt stood at USD 134.70 million after debt reduction. That financing improves liquidity while also adding dilution to the investment case.
Analysts see a wide valuation gap
According to MarketBeat on September 11, 2026, four of six covered firms rated the stock Buy, one Hold and one Sell, producing a Moderate Buy consensus and an average 12-month target of USD 35.75. The same report listed Northland Securities at USD 40.00 and DA Davidson at USD 36.00, while Citigroup raised its target from USD 33.00 to USD 43.00.
MEC trades near its yearly floor
On the NYSE, MEC was last at USD 15.00 at 4:00 p.m. EDT on September 30, 2026, down 8.09 percent from USD 16.32. The 52-week range was USD 12.25 to USD 38.76, while market capitalization stood at USD 315.3 million as of October 1, 2026.
Mayville Engineering Company at a glance
- Company: Mayville Engineering Company, Inc.
- Ticker: MEC
- Primary exchange: NYSE
- Market capitalization: USD 315.3 million (as of October 1, 2026)
- 52-week range: USD 12.25-38.76 (as of October 1, 2026)
- Sector / Industry: Industrials / Industrial Machinery and Supplies and Components
