Methanex stock: CIBC raises target from USD 71.00 to USD 77.00 for Methanex stock

Published on 10/23/2026 at 06:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 1.40 billion, up 75.00 percent year over year. Methanex stock faces Q3 results on October 29, 2026.

Methanol producer sets next markers

CIBC lifted its Methanex target from USD 71.00 to USD 77.00 on October 19, 2026.
Second-quarter revenue reached USD 1.40 billion, up 75.00 percent year over year.
Methanex is scheduled to release third-quarter results on October 29, 2026.

MEOH, CA59151K1084, Illustration mit AI erstellt.

Methanex Corporation (ISIN CA59151K1084) has a new USD 77.00 analyst target after CIBC lifted its view from USD 71.00 on October 19, 2026. The update came ahead of the company's scheduled third-quarter results and follows a strong second-quarter revenue comparison.

According to Markets Insider, CIBC kept an Outperformer rating while moving the target from USD 71.00 to USD 77.00. The analyst cited higher near-term methanol prices and potential deleveraging as reasons for the revised assumptions.

What does the target change mean?

The target revision gives investors a clear reference point before the next earnings release. Methanex reported USD 1.40 billion of revenue in the second quarter, compared with USD 1.43 billion expected, while quarterly earnings per share came in at USD 3.87 versus a USD 4.00 consensus estimate, according to MarketBeat. Revenue nevertheless rose 75.00 percent from the same quarter a year earlier.

Three target moves in October

On October 5, 2026, UBS raised its target from USD 71.00 to USD 74.00 and kept a Buy rating, as reported by MarketBeat.

On October 16, 2026, National Bank Financial raised its target from USD 70.00 to USD 79.00, maintaining an Outperform rating. On October 19, 2026, CIBC moved its target from USD 71.00 to USD 77.00, according to the same MarketBeat report.

Dates that shape the next step

Methanex lists its third-quarter earnings release for October 29, 2026, followed by the earnings call on October 30, 2026, on its investor-relations page. The timing makes the next report the immediate test for the higher analyst expectations.

Market value and next catalyst

Methanex had a market capitalization of USD 4.70 billion on October 22, 2026, while its 52-week range was USD 32.00 to USD 66.75. The company is a global producer and supplier of methanol, with operations and distribution assets across several regions.

The further course of trading is shown by the continuously updated real-time quote of Methanex stock.