Mitsubishi Electric (MIELY) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitsubishi Electric in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MIELY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MIELY, but not buy additional shares or sell existing shares.
View MIELY analyst ratings or view top-rated stocks.

Mitsubishi Electric's stock was trading at $19.81 at the beginning of 2023. Since then, MIELY shares have increased by 42.8% and is now trading at $28.28.
View the best growth stocks for 2023 here.

Mitsubishi Electric saw a decrease in short interest in May. As of May 15th, there was short interest totaling 14,500 shares, a decrease of 27.9% from the April 30th total of 20,100 shares. Based on an average daily volume of 55,700 shares, the short-interest ratio is presently 0.3 days.
View Mitsubishi Electric's Short Interest.

Mitsubishi Electric issued an update on its FY 2024 earnings guidance on Friday, April, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $38.23 billion-$38.23 billion.

Mitsubishi Electric trades on the OTCMKTS under the ticker symbol "MIELY."

Shares of MIELY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MIELY stock can currently be purchased for approximately $28.28.

The company employs 145,653 workers across the globe.

Mitsubishi Electric's mailing address is Tokyo Bldg. 2-7-3, Marunouchi, CHIYODA-KU, TKY 100-8310, Japan. The official website for the company is www.mitsubishielectric.com. The company can be reached via phone at (133) 218-2111.