Methode Electronics Inc (MEI) Stock AnalysisMEIMethode Electronics Inc

Methode Electronics, Inc. is a global supplier of custom-engineered solutions. The Company designs, engineers, and produces mechatronic products for original equipment manufacturers (OEMs) utilizing its range of technologies for user interface, lighting system, power distribution and sensor applications. Its segments include Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile OEMs, either directly or through their tiered suppliers. Its products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, and LED-based lighting and sensors. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies. The Interface segment provides interface panel solutions for the appliance market. It operates in the Technology sector (ELECTRONIC CONNECTORS industry).

Methode Electronics Inc is currently a hold. The stock is priced at $13.33, significantly below the analyst price targets of $25 and $30, indicating potential upside. However, the RSI is at 23.37, suggesting it is oversold, and the stock has experienced a 14.28% decline over the last 5 days, indicating short-term weakness. The main risk is the company's net income, which has been negative for several quarters, with an adjusted net loss of $7.7 million reported in Q1 2026.

3 analysts cover MEI: 2 rate it Buy, 1 Hold and 0 Sell. The average price target is 9.50.