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Montrose Environmental Group, Inc. (MEG) Stock Forecast

Data as of May 2, 2026

Industrials · Current price $21.98 (+4.44%)

Consensus Target
$49.33
Upside
+124.4%
Analysts
4
Rating
Buy(2.00)

Price Target Range

Low $43.00Consensus $49.33High $54.00
▲ Current $21.98

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy2
Hold0
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Oct 17, 2024Durgesh ChopraEvercore ISI$43.00+95.6%
Apr 4, 2024James RicchiutiNeedham$54.00+145.6%
Apr 3, 2024Michael HoffmanStifel Nicolaus$51.00+132.0%

MEG vs Sector & Market

MetricMEGIndustrials AvgLarge Cap Avg
Analyst Rating2.002.412.41
Analyst Count4818
Target Upside+124.4%+84.7%+14.9%
P/E Ratio-869.8829.4531.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$230M$235M$238M4
2026-09-30$225M$235M$246M2
2026-12-31$210M$219M$229M3
2027-03-31$198M$206M$216M3
2027-06-30$229M$238M$249M2
2027-09-30$234M$243M$255M2
2027-12-31$229M$238M$249M3
2028-12-31$974M$983M$997M1

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$0.05$0.10$0.183
2026-09-30$0.17$0.18$0.191
2026-12-31$0.11$0.11$0.121
2027-03-31$0.00$0.00$0.000
2027-06-30$0.00$0.00$0.001
2027-09-30$0.00$0.00$0.001
2027-12-31$0.00$0.00$0.000
2028-12-31$0.58$0.59$0.601

Frequently Asked Questions

What is the analyst consensus for MEG?

The consensus among 4 analysts covering Montrose Environmental Group, Inc. (MEG) is Buy with an average price target of $49.33.

What is the highest price target for MEG?

The highest price target for MEG is $54.00, set by James Ricchiuti at Needham on 2024-04-04.

What is the lowest price target for MEG?

The lowest price target for MEG is $43.00, set by Durgesh Chopra at Evercore ISI on 2024-10-17.

How many analysts cover MEG?

4 analysts have issued ratings for Montrose Environmental Group, Inc. in the past 12 months.

Is MEG a buy or sell right now?

Based on 4 analyst ratings, MEG has a consensus rating of Buy (2.00/5) with a +124.4% upside to the consensus target of $49.33.

What are the earnings estimates for MEG?

Analysts estimate MEG will report EPS of $0.10 for the period ending 2026-06-30, with revenue estimated at $235M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.