National Bank lifts target for Methanex stock to USD 79.00

Published on 10/17/2026 at 21:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 1.40 billion in the second quarter, up 75.00 percent. Methanex stock costs EUR 57.83 on October 16, 2026, up 2.12 percent on Nasdaq.

Target, earnings and market date

National Bank Financial raised its Methanex target to USD 79.00 on October 16, 2026.
Revenue reached USD 1.40 billion in the second quarter, up 75.00 percent year over year.
Methanex stock costs EUR 57.83 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, up 2.12 percent on Nasdaq versus the prior close.
Methanex is scheduled to release third-quarter results on October 29, 2026.

MEOH, CA59151K1084, Illustration mit AI erstellt.

National Bank Financial raised its Methanex target from USD 70.00 to USD 79.00 on October 16, 2026, while retaining an outperform rating, as MarketBeat reported. Against Methanex's USD 64.96 Nasdaq price on October 16, 2026, the target stood 21.61 percent higher. Methanex stock was trading at EUR 57.83 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, up 2.12 percent on Nasdaq versus the prior close.

Second-quarter revenue sets the base

Methanex reported USD 1.40 billion of revenue for the second quarter of 2026, an increase of 75.00 percent from the prior-year quarter, according to MarketBeat. Diluted earnings per share came to USD 3.87, below the USD 4.00 consensus, while the company earned USD 0.97 per share in the year-earlier quarter. The revenue increase is therefore paired with a clear earnings comparison rather than a simple growth headline.

Stock stays below its yearly high

The Nasdaq price of USD 64.96 on October 16, 2026, stood USD 1.79 below Methanex's 52-week high of USD 66.75 and above its 52-week low of USD 32.00. Trading volume was 467,571 shares against an average of 772,260. The 52-week span puts the latest U.S. quote 2.68 percent below the high, while the euro quote provides the German trading perspective.

Valuation and next reporting date

Methanex had a market capitalization of USD 5.0 billion, a trailing P/E ratio of 64.34 and a dividend yield of 1.00 percent as of October 16, 2026. The company has scheduled its third-quarter earnings release for October 29, 2026, followed by the earnings call on October 30, 2026, according to Methanex.

Comparison with peers

MEOH (Nasdaq, USD): plus 2.12 percent, P/E 64.34, market capitalization USD 5.0 billion.

CF Industries (NYSE, USD): plus 0.90 percent, P/E 8.96, market capitalization USD 18.3 billion.

Dow (NYSE, USD): plus 0.91 percent, P/E minus 16.48, market capitalization USD 21.6 billion.

Price and trading perspective

Methanex combines a 75.00 percent year-over-year revenue increase in the second quarter with a target of USD 79.00 from National Bank Financial. The next dated company event is the October 29, 2026 earnings release. The further course of trading is shown by the continuously updated real-time quote of Methanex stock.