MONTROSE ENVIRONMENTAL GROUP (MEG) Forecast, Price Target & Analyst Ratings

NYSE:MEG • US6151111019

Current stock price

22.79 USD
+0.42 (+1.88%)
At close:
23 USD
+0.21 (+0.92%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MONTROSE ENVIRONMENTAL GROUP (MEG).

Forecast Snapshot

Consensus Price Target

Price Target
$36.43
+ 59.84% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
-$0.24
Revenue Estimate
184.89M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$36.43
Upside
+ 59.84%
From current price of $22.79 to mean target of $36.43, Based on 12 analyst forecasts
Low
$31.31
Median
$35.70
High
$42.00

Price Target Revisions

1 Month
3.52%
3 Months
4.60%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for MEG. The average price target is 36.43 USD. This implies a price increase of 59.84% is expected in the next year compared to the current price of 22.79.
The average price target has been revised upward by 4.6% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MEG Current Analyst RatingMEG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

MEG Historical Analyst RatingsMEG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
78.33%
MEG was analyzed by 12 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about MEG.
In the previous month the buy percentage consensus was at a similar level.
MEG was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-05Evercore ISI GroupMaintains Outperform -> Outperform
2026-02-26NeedhamMaintains Buy -> Buy
2025-11-07BarclaysMaintains Overweight -> Overweight
2025-11-06NeedhamMaintains Buy -> Buy
2025-10-14JP MorganMaintains Neutral -> Neutral
2025-09-19BarclaysInitiate Overweight
2025-08-08NeedhamMaintains Buy -> Buy
2025-05-09NeedhamMaintains Buy -> Buy
2025-04-04NeedhamMaintains Buy -> Buy
2025-03-04NeedhamReiterate Buy -> Buy
2025-02-10Evercore ISI GroupMaintains Outperform -> Outperform
2025-01-28NeedhamReiterate Buy -> Buy
2025-01-17NeedhamReiterate Buy -> Buy
2024-12-19NeedhamMaintains Buy -> Buy
2024-12-11StifelMaintains Buy -> Buy
2024-11-08NeedhamMaintains Buy -> Buy
2024-11-08JP MorganDowngrade Overweight -> Neutral
2024-11-06B of A SecuritiesDowngrade Buy -> Neutral
2024-10-16NeedhamReiterate Buy -> Buy
2024-10-03NeedhamReiterate Buy -> Buy
2024-08-14Evercore ISI GroupInitiate Outperform
2024-08-08NeedhamReiterate Buy -> Buy
2024-07-15NeedhamReiterate Buy -> Buy
2024-05-09NeedhamReiterate Buy -> Buy
2024-04-04NeedhamReiterate Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
-$0.24
Revenue Estimate
184.89M
Revenue Q2Q
3.97%
EPS Q2Q
61.81%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
-2.87%
Revenue (3 Months)
-2.87%
EPS (1 Month)
-423.81%
EPS (3 Months)
-315.81%

Next Earnings Summary

MEG is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is -0.24 USD and the consensus revenue estimate is 184.89M USD.
The next earnings revenue estimate has been revised downward by 2.87% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
MEG revenue by date.MEG revenue by date.
624.208M
14.66%		696.395M
11.56%		830.538M
19.26%		875.9M
5.46%		938.09M
7.10%		999.24M
6.52%		1.303B
30.40%		1.474B
13.12%		1.66B
12.62%		1.864B
12.29%
EBITDA
YoY % growth
MEG ebitda by date.MEG ebitda by date.
23.607M
29.85%		24.375M
3.25%		65.365M
168.16%		128.89M
97.19%		142.21M
10.33%		157.66M
10.86%		213.11M
35.17%		245.43M
15.17%		279.77M
13.99%		318.15M
13.72%
EBIT
YoY % growth
MEG ebit by date.MEG ebit by date.
-22.173M
24.32%		-28.387M
-28.03%		14.45M
150.90%		20.719M
43.38%		35.487M
71.28%		57.757M
62.76%		N/AN/AN/AN/A
Operating Margin
MEG operating margin by date.MEG operating margin by date.
-3.55%-4.08%1.74%2.37%3.78%5.78%N/AN/AN/AN/A
EPS
YoY % growth
MEG eps by date.MEG eps by date.
-1.58
-32.77%		-2.21
-39.87%		-0.24
89.14%		0.09
138.93%		0.31
227.92%		1.63
432.42%		N/AN/AN/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		-0.24
61.81%		0.09
-77.40%		0.18
-12.47%		0.11
149.18%
Revenue
Q2Q % growth		184.89M
3.97%		237.2M
1.13%		234.59M
4.31%		220.71M
14.20%
EBITDA
Q2Q % growth		19.57M
402.31%		35.215M
-15.45%		38.866M
-21.90%		36.003M
-25.64%
EBIT
Q2Q % growth		-8.002M
14.86%		7.07M
-54.66%		12.862M
19.65%		8.789M
451.98%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MEG Yearly Revenue VS EstimatesMEG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B
MEG Yearly EPS VS EstimatesMEG Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1 -2 -3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
106.43%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.23%
Revenue Next 5 Year
12.08%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
92.07%
EBIT Next 5 Year
61.63%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MONTROSE ENVIRONMENTAL GROUP / MEG Forecast FAQ

What is the price target for MEG stock?

12 analysts have analysed MEG and the average price target is 36.43 USD. This implies a price increase of 59.84% is expected in the next year compared to the current price of 22.79.

Can you provide the upcoming earnings date for MONTROSE ENVIRONMENTAL GROUP?

MONTROSE ENVIRONMENTAL GROUP (MEG) will report earnings on 2026-05-05.

What are the consensus estimates for MONTROSE ENVIRONMENTAL GROUP (MEG) next earnings?

The consensus EPS estimate for the next earnings of MONTROSE ENVIRONMENTAL GROUP (MEG) is -0.24 USD and the consensus revenue estimate is 184.89M USD.

What is the number of analysts for MEG stock?

The number of analysts covering MONTROSE ENVIRONMENTAL GROUP (MEG) is 12.