Methode Electronics stock falls 1.82 percent as targets rise
Published on 09/25/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Methode Electronics stock (ISIN US5915201015) fell 1.82 percent to USD 14.56 on the NYSE on September 24, 2026, while the average analyst target reached USD 22.44. The latest operating update showed higher sales but weaker adjusted EBITDA, leaving execution as the central issue for the shares.
Sales grow, losses persist
According to Methode Electronics in its September 2, 2026 release, fiscal Q1 2027 net sales rose 10.4 percent year over year to USD 265.4 million from USD 240.5 million. The comparison is based on the quarter ended August 1, 2026.
The profit picture was less favorable. GAAP net loss widened to USD 11.4 million from USD 10.3 million, or USD 0.32 per diluted share versus USD 0.29, while adjusted net loss improved to USD 7.7 million from USD 7.8 million.
Margins test the growth story
Adjusted EBITDA fell to USD 13.7 million from USD 15.7 million, reducing the margin to 5.2 percent from 6.5 percent. Operating cash flow also changed from an inflow of USD 25.1 million in the prior-year quarter to an outflow of USD 7.8 million, according to the same Methode Electronics release.
Management affirmed fiscal 2027 sales guidance of USD 1.025 billion to USD 1.075 billion and adjusted EBITDA guidance of USD 72 million to USD 82 million. The release also cited new non-data-center awards representing USD 75 million of peak annual revenue and USD 400 million of lifetime revenue.
Targets rise as stock retreats
According to Nasdaq on September 16, 2026, the average one-year price target rose 13.79 percent from USD 19.72 on August 25, 2026, to USD 22.44. That target stood 54.12 percent above the USD 14.56 reference price, calculated from the same September 24, 2026 quote.
The market data put the stock at USD 14.56 against a 52-week range of USD 4.88 to USD 20.38. Market capitalization was USD 516,469,408 and volume was 588,589 shares on September 24, 2026.
Stock stays below yearly high
Methode Electronics stock was trading at USD 14.56 on the NYSE on September 24, 2026, down USD 0.27 from the prior close of USD 14.83. The 52-week high of USD 20.38 leaves the shares 28.56 percent below that level, keeping the target revision separate from the still-negative quarterly earnings picture.
Methode Electronics market snapshot
- Company: Methode Electronics, Inc.
- ISIN: US5915201015
- Ticker: MEI
- Trading venue: NYSE
- Price as of September 24, 2026, 4:00 p.m. ET: USD 14.56
- Market capitalization: USD 516,469,408 as of September 24, 2026
- 52-week range: USD 4.88-20.38 as of September 24, 2026
- Sector / Industry: Technology / Electronic Equipment, Instruments and Components
