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Mayville Engineering Company ( (MEC) ) has shared an announcement.
On June 26, 2025, Mayville Engineering Company, Inc. amended its credit agreement to increase its revolving credit facility from $250 million to $350 million, utilizing a $100 million accordion feature. This financial move is intended to support the company’s ongoing business needs, with the terms of the credit agreement remaining largely unchanged.
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 strong financial health and strategic initiatives, counterbalanced by significant sales declines and market uncertainties. The acquisition of Accu-Fab and technical momentum provide positive offsets to industry challenges.
To see Spark’s full report on MEC stock, click here.
More about Mayville Engineering Company
Mayville Engineering Company, Inc. operates in the engineering industry, focusing on providing manufacturing and engineering services. The company is involved in producing a variety of engineered products and solutions, catering to diverse market needs.
Average Trading Volume: 114,941
Technical Sentiment Signal: Strong Buy
Current Market Cap: $323.5M
Learn more about MEC stock on TipRanks’ Stock Analysis page.