Wall Street Zen upgrades Methanex stock to strong-buy

Published on 10/05/2026 at 02:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Methanex revenue rose 75.00 percent in Q2 2026 to USD 1.40 billion. Methanex stock stood at EUR 51.92 as the prior close on October 2, 2026.

MEOH, CA59151K1084, Illustration mit AI erstellt.

Methanex Corporation (ISIN CA59151K1084) received a stronger analyst rating on October 3, 2026, when Wall Street Zen upgraded the stock from buy to strong-buy, according to MarketBeat. The rating change follows a profitable second quarter but also highlights the gap between Methanex's operating performance and analyst expectations.

Analyst view turns more positive

MarketBeat said Wall Street Zen moved its view from buy to strong-buy in a note issued on October 3, 2026. The same report cited a Moderate Buy consensus from 11 brokerages, with six buy ratings and five holds, while the average 12-month target stood at USD 68.56.

The consensus target is a useful counterweight to the recent earnings miss. Methanex reported adjusted earnings per share of USD 3.87 for the second quarter of 2026 against a USD 4.00 consensus, a shortfall of USD 0.13, according to MarketBeat.

Revenue growth meets debt discipline

Revenue tells a stronger part of the second-quarter story. Methanex generated USD 1.40 billion in revenue, up 75.00 percent from the same quarter a year earlier, while the finance data for the period shows consolidated net income of USD 243.2 million and operating cash flow of USD 439.5 million.

The balance-sheet decision is the next dated company event. Methanex announced on September 21, 2026 that it would redeem USD 300 million of its 5.125 percent senior notes due October 15, 2027, with the redemption scheduled for October 19, 2026, according to Methanex. The move links strong cash generation with the stated goal of reducing leverage, but it also commits cash before the next reporting date.

Next results arrive October 29

Methanex lists its third-quarter 2026 earnings release for October 29, 2026 and the earnings call for October 30, 2026 on its investor-relations page. Those dates place the next operating update after the planned note redemption and make cash generation, methanol pricing and leverage the key figures to watch.

Prior close remains EUR 51.92

The Lang & Schwarz prior close was EUR 51.92 on October 2, 2026. The primary Nasdaq listing showed USD 58.43 at the October 2, 2026 session reference, with a 52-week range of USD 32.00 to USD 66.75 and market capitalization of USD 4.5 billion.