Methanex stock draws BMO Buy call with USD 75 target

Published on 10/08/2026 at 06:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Methanex stock has a Moderate Buy consensus from 11 brokerages, with a USD 68.56 average target. Q2 revenue rose 75.0 percent year over year.

MEOH, CA59151K1084, Illustration mit AI erstellt.

Methanex Corporation (ISIN CA59151K1084) stock was trading at USD 60.51 on Nasdaq on October 7, 2026, at 12:55 p.m. PT. On October 6, 2026, BMO Capital maintained a Buy rating and set a USD 75.00 price target, according to Markets Insider. The gap between the latest Nasdaq price and BMO's target makes the analyst view the central valuation reference for the stock.

BMO targets USD 75

BMO's target is above the wider analyst average, but the comparison also shows a more cautious market view. MarketBeat reported on October 1, 2026, that 11 brokerages held a Moderate Buy consensus, with six Buy ratings and five Holds.

The consensus target was USD 68.56, which lies 13.3 percent above the USD 60.51 Nasdaq price. MarketBeat's consensus figure is therefore below BMO's USD 75.00 target, creating a clear distinction between the single-house view and the broader analyst average.

Q2 revenue rose 75.0 percent

Methanex reported Q2 2026 revenue of USD 1.40 billion, up 75.0 percent from the same quarter a year earlier, while earnings per share reached USD 3.87, according to MarketBeat. The revenue increase was substantial, but the same report said EPS fell short of the USD 4.00 consensus by USD 0.13.

The result gives investors two opposing signals. Revenue expanded sharply in Q2 2026, yet the earnings miss means methanol pricing, costs and operating execution remain important to the valuation case.

Q3 results are due October 29

Methanex's investor-relations calendar lists the Q3 2026 earnings release for October 29, 2026, followed by the earnings call on October 30, 2026, according to the company's investor-relations page. Those dates provide the next scheduled checkpoint for testing whether the Q2 revenue growth translated into stronger recurring earnings.

Methanex describes itself as a global producer and supplier of methanol, a chemical used in formaldehyde, acetic acid, plastics, paints, adhesives and solvents. The company's scale gives the revenue trend strategic weight, while the USD 3.87 Q2 EPS result keeps profitability at the center of the next report.

Stock remains below USD 66.75 high

Methanex stock had a 52-week range of USD 32.00 to USD 66.75 as of October 7, 2026. Its market capitalization was USD 4.7 billion and trading volume was 547,792 shares on that date.

The USD 60.51 price sits below the yearly high, while BMO's USD 75.00 target exceeds both the latest quote and the USD 68.56 consensus average. The October 29 results will supply the next company-specific test of those expectations.