Methanex (NASDAQ:MEOH) Stock Price Expected to Rise, UBS Group Analyst Says

by · The Cerbat Gem

Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) had its target price raised by equities researchers at UBS Group from $70.00 to $75.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the specialty chemicals company’s stock. UBS Group’s price objective indicates a potential upside of 16.73% from the stock’s previous close.

Several other brokerages have also recently issued reports on MEOH. Scotiabank lifted their target price on Methanex from $60.00 to $70.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada upped their price objective on Methanex from $65.00 to $70.00 and gave the stock a “sector perform” rating in a report on Friday. Jefferies Financial Group upped their price objective on Methanex from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Raymond James Financial upped their price objective on Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a report on Thursday, April 16th. Finally, Zacks Research raised Methanex from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $63.90.

Get Our Latest Report on Methanex

Methanex Price Performance

MEOH traded down $1.29 during trading on Friday, hitting $64.25. 1,275,719 shares of the company traded hands, compared to its average volume of 1,282,371. The company has a market cap of $4.97 billion, a PE ratio of -131.12 and a beta of 0.56. The stock’s 50-day simple moving average is $56.48 and its two-hundred day simple moving average is $46.29. Methanex has a 1 year low of $31.57 and a 1 year high of $66.75. The company has a current ratio of 2.06, a quick ratio of 1.37 and a debt-to-equity ratio of 0.99.

Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) last posted its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.12). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.92%. The company had revenue of $957.42 million for the quarter, compared to analysts’ expectations of $964.76 million. During the same period in the previous year, the business posted $1.30 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Methanex will post 5.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Methanex

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in shares of Methanex by 546.7% in the third quarter. JPMorgan Chase & Co. now owns 269,374 shares of the specialty chemicals company’s stock valued at $10,710,000 after acquiring an additional 227,723 shares during the period. Semanteon Capital Management LP purchased a new stake in shares of Methanex in the third quarter valued at $419,000. Alberta Investment Management Corp raised its stake in shares of Methanex by 29.5% in the third quarter. Alberta Investment Management Corp now owns 992,000 shares of the specialty chemicals company’s stock valued at $39,442,000 after acquiring an additional 226,000 shares during the period. TD Asset Management Inc raised its stake in shares of Methanex by 87.1% in the third quarter. TD Asset Management Inc now owns 689,461 shares of the specialty chemicals company’s stock valued at $27,417,000 after acquiring an additional 320,964 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Methanex by 249.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,432,483 shares of the specialty chemicals company’s stock valued at $56,939,000 after acquiring an additional 1,022,987 shares during the period. Institutional investors own 73.49% of the company’s stock.

Methanex News Roundup

Here are the key news stories impacting Methanex this week:

  • Positive Sentiment: RBC raised its price target on Methanex to $70 (from $65) and kept a “sector perform” rating — the new target implies roughly a mid‑single-digit to high‑single-digit upside and helps underpin the near‑term bullish case. BayStreet.CA
  • Positive Sentiment: Zacks reports that earnings estimate revisions for Methanex have been moving higher, suggesting analysts expect improving profitability — this upward revision momentum can support further share gains if guidance/industry conditions confirm it. Zacks: Surging Earnings Estimates Signal Upside
  • Positive Sentiment: The board declared a quarterly cash dividend of US$0.185 per share (payable June 30), a steady income signal that can attract yield‑seeking investors even though the yield is modest (~1.1%). GlobeNewswire: Notice of Cash Dividend
  • Neutral Sentiment: Methanex reported AGM voting results showing shareholders backed the board, auditor and executive pay — a standard governance outcome that reduces proxy risk but is unlikely to move the stock materially. GlobeNewswire: AGM Results
  • Neutral Sentiment: Q1 earnings call and prepared remarks/transcripts were posted (useful for detail on operations, mark‑to‑market items and outlook). Market reaction will depend on management commentary on margins, feedstock/energy costs and utilization. Fool: Q1 2026 Earnings Transcript
  • Negative Sentiment: Methanex reported Q1 EPS of $0.30, missing consensus (~$0.42) and recording a small net loss attributable to mark‑to‑market share‑based compensation — the earnings miss and negative net margin weigh on sentiment. MarketBeat: Q1 Earnings Snapshot
  • Negative Sentiment: JPMorgan downgraded Methanex from “overweight” to “neutral” while raising its target to $65 — the rating cut signals less conviction from a major bank and likely pressured the stock despite the modestly higher target. BayStreet.CA

About Methanex

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Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

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