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Mingteng International Corp., Inc. ( (MTEN) ) has issued an update.
On January 12, 2026, Mingteng International Corporation Inc. announced that it has deepened its ongoing strategic collaboration with a leading top-tier supplier in China’s new energy vehicle sector, which produces core electric powertrain components such as drive assemblies, electric drive axles, motors and transmission systems. The client has ranked among the top in market share for motor systems used in NEV heavy-duty trucks from 2022 to 2024 and maintains long-term relationships with major Chinese commercial vehicle manufacturers. By leveraging its capabilities in complex aluminum alloy mold design and precision production to deliver lightweight components for electric drive and transmission systems, Mingteng is reinforcing its role in critical NEV powertrain applications and aligning itself more closely with China’s green automotive transition, with implications for its positioning in the fast-growing sustainable mobility supply chain.
The most recent analyst rating on (MTEN) stock is a Hold with a $0.58 price target. To see the full list of analyst forecasts on Mingteng International Corp., Inc. stock, see the MTEN Stock Forecast page.
Spark’s Take on MTEN Stock
According to Spark, TipRanks’ AI Analyst, MTEN is a Neutral.
The score is primarily pressured by weak financial quality (negative margins and declining free cash flow) and very bearish technicals (deeply below moving averages with negative MACD). Valuation provides limited support because the P/E is negative due to losses and no dividend yield is available.
To see Spark’s full report on MTEN stock, click here.
More about Mingteng International Corp., Inc.
Mingteng International Corporation Inc., based in Wuxi, China, is an automotive mold developer and supplier specializing in molds for auto parts. The company provides end-to-end mold services, including design, development, production, assembly, testing, repair and after-sales support, positioning itself as a “turnkey” solution provider. Its main products include casting molds for turbocharger, braking, steering and differential systems, as well as molds for new energy vehicle motor drive systems, battery pack systems and engineering hydraulic components, serving the automotive, construction machinery and broader manufacturing industries.
Average Trading Volume: 10,277,502
Technical Sentiment Signal: Sell
Current Market Cap: $905.8K
Learn more about MTEN stock on TipRanks’ Stock Analysis page.