UBS raises target for Methanex stock from USD 71.00 to USD 74.00

Published on 10/06/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS sets target at USD 74.00, up from USD 71.00. Methanex stock costs EUR 54.24 on October 6, 2026, plus 0.33 percent versus EUR 54.06.

MEOH, CA59151K1084, Illustration mit AI erstellt.

Methanex (ISIN CA59151K1084) received a higher UBS price target of USD 74.00, up from USD 71.00, while UBS kept its Buy rating on October 5, 2026, according to Markets Insider. The move puts analyst attention on whether Methanex can convert elevated methanol prices into durable cash generation.

UBS lifts the valuation bar

The UBS action followed a strong second quarter operating backdrop, but the latest result also showed the limits of the price surge. In Q2 2026, Methanex reported USD 1.40 billion in revenue against USD 1.43 billion expected, while earnings per share came to USD 3.87 versus USD 4.00 expected, according to MarketBeat.

The same Q2 2026 figures show revenue up 75.00 percent from the comparable period, even as the company missed the revenue and earnings expectations cited by MarketBeat. That combination matters because the higher target depends on pricing strength continuing beyond one unusually favorable quarter.

Cash flow meets pricing risk

Methanex's Q2 2026 earnings call cited an average realized methanol price of USD 529.00 per ton and adjusted EBITDA of USD 577.00 million. The company also reported approximately 2.2 million tons of produced sales and said operating cash flow allowed it to repay the remaining USD 290.00 million Term Loan A balance.

Management's Q3 2026 pricing framework is more cautious: July and August average realized prices were expected in a USD 460.00 to USD 485.00 per ton range. The lower range than the Q2 2026 average creates a clear counter-factor to the UBS target, because weaker realized prices can reduce earnings even when production remains stable.

Results date is October 29

Methanex lists its Q3 2026 earnings release for October 29, 2026, followed by the earnings call on October 30, 2026, on its Investor Relations page. Those dates give investors the next scheduled test of whether pricing, production and cash flow can support the higher valuation.

Stock holds above prior close

Methanex stock was trading at EUR 54.24 at Lang & Schwarz on October 6, 2026 at 9:46 a.m. CEST, up 0.33 percent versus the prior close of EUR 54.06. The primary listing is NASDAQ under ticker MEOH, while the stock's 52-week range was USD 32.00 to USD 66.75 and market capitalization was USD 4.7 billion as of October 5, 2026.