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Montrose Environmental Group Inc
NYSE:MEG

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Montrose Environmental Group Inc Logo
Montrose Environmental Group Inc
NYSE:MEG
Watchlist
Price: 39.91 USD 2.23%
Updated: Apr 23, 2024

Wall Street
Price Targets

MEG Price Targets Summary
Montrose Environmental Group Inc

Wall Street analysts forecast MEG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MEG is 45.91 USD with a low forecast of 25.82 USD and a high forecast of 56.7 USD.

Lowest
Price Target
25.82 USD
35% Downside
Average
Price Target
45.91 USD
15% Upside
Highest
Price Target
56.7 USD
42% Upside

MEG Last Price Targets
Montrose Environmental Group Inc

The latest public price target was made on Apr 4, 2024 by James Ricchiuti from Needham , who expects MEG stock to rise by 35% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
James Ricchiuti
Needham
54 USD
Upside 35%
2 weeks ago
Apr 4, 2024
Needham on Montrose Environmental Group (MEG): 'Increasing Estimates With Pickup In M&A And Strong Organic Growth Outlook'
StreetInsider
Michael Hoffman
Stifel Nicolaus
51 USD
Upside 28%
2 weeks ago
Apr 3, 2024
Montrose Environmental Group (MEG) PT Raised to $51 at Stifel
StreetInsider
James Ricchiuti
Needham
Price Target 54 USD
Upside/Downside 35%
View Source
Michael Hoffman
Stifel Nicolaus
Price Target 51 USD
Upside/Downside 28%
View Source
Montrose Environmental Group Inc Competitors:
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ARIS
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Revenue
Forecast

Revenue Estimate
Montrose Environmental Group Inc

For the last 4 years the compound annual growth rate for Montrose Environmental Group Inc's revenue is 28%. The projected CAGR for the next 3 years is 12%.

28%
Past Growth
12%
Estimated Growth
Estimates Accuracy
2%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Montrose Environmental Group Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Montrose Environmental Group Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
6%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MEG's stock price target?
Price Target
45.91 USD

According to Wall Street analysts, the average 1-year price target for MEG is 45.91 USD with a low forecast of 25.82 USD and a high forecast of 56.7 USD.

What is Montrose Environmental Group Inc's Revenue forecast?
Projected CAGR
12%

For the last 4 years the compound annual growth rate for Montrose Environmental Group Inc's revenue is 28%. The projected CAGR for the next 3 years is 12%.