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

Key Points

• UBS Group raised its price target on Methanex to $75 and kept a "buy" rating, implying roughly a 16.7% upside from the current price, while the Street consensus remains a "Moderate Buy" with an average target near $63.90.
• Methanex missed Q1 estimates with EPS of $0.30 versus $0.42 expected and a slight net loss driven by mark‑to‑market share‑based compensation (revenue $957.4M vs. $964.8M expected), the stock trades around $64.25 (market cap ~$4.97B) and the board declared a quarterly dividend of $0.185 per share.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX had its price target raised by UBS Group from $70.00 to $75.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the specialty chemicals company's stock. UBS Group's price objective would indicate a potential upside of 16.73% from the stock's current price.

MEOH has been the topic of several other research reports. Zacks Research upgraded shares of Methanex from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 14th. JPMorgan Chase & Co. cut shares of Methanex from an "overweight" rating to a "neutral" rating and increased their price objective for the stock from $56.00 to $65.00 in a research note on Friday. Canadian Imperial Bank of Commerce reiterated a "neutral" rating and issued a $69.00 price objective on shares of Methanex in a research note on Friday. Raymond James Financial increased their price objective on shares of Methanex from $52.00 to $65.00 and gave the stock a "market perform" rating in a research note on Thursday, April 16th. Finally, Jefferies Financial Group lifted their price target on shares of Methanex from $50.00 to $60.00 and gave the stock a "buy" rating in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $63.90.

Methanex Stock Performance

NASDAQ:MEOH traded down $1.29 during trading hours on Friday, reaching $64.25. The company had a trading volume of 1,275,719 shares, compared to its average volume of 1,282,371. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of -131.12 and a beta of 0.56. 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 has a 52 week low of $31.57 and a 52 week high of $66.75. The firm's 50 day moving average price is $56.48 and its 200-day moving average price is $46.29.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last posted its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.12). The firm had revenue of $957.42 million for the quarter, compared to analysts' expectations of $964.76 million. Methanex had a negative net margin of 1.25% and a positive return on equity of 2.92%. The firm's revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.30 EPS. On average, analysts forecast that Methanex will post 5.96 EPS for the current year.

Institutional Investors Weigh In On Methanex

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position 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 in the last quarter. Semanteon Capital Management LP bought a new position in Methanex in the 3rd quarter worth approximately $419,000. Alberta Investment Management Corp boosted its stake in Methanex by 29.5% in the 3rd quarter. Alberta Investment Management Corp now owns 992,000 shares of the specialty chemicals company's stock worth $39,442,000 after purchasing an additional 226,000 shares during the period. TD Asset Management Inc boosted its stake in Methanex by 87.1% in the 3rd quarter. TD Asset Management Inc now owns 689,461 shares of the specialty chemicals company's stock worth $27,417,000 after purchasing an additional 320,964 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Methanex by 249.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,432,483 shares of the specialty chemicals company's stock worth $56,939,000 after purchasing an additional 1,022,987 shares during the period. 73.49% of the stock is owned by hedge funds and other institutional investors.

More Methanex News

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

Methanex Company Profile

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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