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Mayville Engineering Company ( (MEC) ) just unveiled an announcement.
On May 23, 2025, Mayville Engineering Company announced a Purchase Agreement to acquire Accu-Fab, LLC for $140.5 million, subject to customary adjustments. The acquisition, expected to close in the third quarter of 2025, aims to enhance Mayville’s market position by integrating Accu-Fab’s expertise in metal fabrication and value-added services, thereby strengthening its supply chain capabilities for major OEMs in critical sectors.
The most recent analyst rating on (MEC) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Mayville Engineering Company stock, see the MEC Stock Forecast page.
Spark’s Take on MEC Stock
According to Spark, TipRanks’ AI Analyst, MEC is a Neutral.
MEC’s overall score reflects its strong financial performance and operational efficiency, despite some inconsistencies in revenue growth. The technical indicators suggest caution due to potential overbought conditions. Valuation is fair, and the positive earnings call provides confidence in the company’s strategic direction. However, challenges in key markets and uncertain macroeconomic conditions pose risks.
To see Spark’s full report on MEC stock, click here.
More about Mayville Engineering Company
Mayville Engineering Company, Inc. operates in the engineering and manufacturing industry, focusing on providing technology-driven metal fabrication solutions. The company serves large OEMs, particularly in critical power infrastructure, data center, and renewable energy markets.
Average Trading Volume: 119,538
Technical Sentiment Signal: Buy
Current Market Cap: $310.2M
For an in-depth examination of MEC stock, go to TipRanks’ Stock Analysis page.