$MEC

Analysts updated ratings on two industrial goods companies. Harrison Bauer of Susquehanna maintained a Hold rating on Old Dominion Freight (ODFL) with a $202 price target. The consensus is Moderate Buy with a $237.47 average target. Ted Jackson of Northland Securities maintained a Buy rating on Mayville Engineering (MEC) with a $40 target. The consensus is Strong Buy with a $38 average target.

Mayville Engineering Company (MEC) acquired a 138,000 sq ft facility in Thomson, GA, and plans to invest $25–30M by 2028, adding $50M in annual revenue capacity to support Datacenter & Critical Power demand, according to the company.

Mayville Engineering Co Inc (MEC) shares fell 3.1% to $16.32 on September 29, 2026. According to GF Value, the stock is overvalued by 2.1% with a GF Score of 83/100. Insiders sold $3.3M in shares over the past year. The company is unprofitable, and its forward P/E is 19.1x, below the historical median of 28.9x. GuruFocus highlights strong growth and momentum but weak financial strength and profitability.

Mayville Engineering (MEC) and other engineered components and systems stocks reported strong Q2 revenues, beating estimates by 3.4%. MEC's revenue grew 23.2% YoY, exceeding expectations. Despite strong earnings, share prices for these companies have declined, with MEC down 26% since reporting. Enpro (NPO) and RBC Bearings (RBC) also reported strong results, while Worthington (WOR) missed estimates.

Mayville Engineering (MEC) reported Q2 revenue of $163 million versus $151.1 million expected and adjusted EPS of $0.07 versus -$0.05, with adjusted EBITDA of $13.17 million versus $11.4 million. The company raised full-year revenue guidance to $635 million but kept EBITDA midpoint at $56 million. Management discussed capacity reservation, cost pressures, and data center growth targets.

Mayville Engineering (NYSE:MEC) said data center and critical power should be about 20% of 2026 revenue. It won about $40M of new awards in the segment, with production and revenue expected to start in 2027. MEC raised Q3 sales to $160M-$170M and FY sales to $620M-$650M, kept adjusted EBITDA at $52M-$60M, and cut free cash flow to $7M-$15M. It completed a common-stock offering raising about $94M net proceeds.

Leuba Sean P (SVP, GC & Secretary) sold 12,855 shares of Mayville Engineering Company, Inc. (MEC) at $25.44 ($0.33M total) on 2026-08-06.

Mayville Engineering (MEC) reported a Q2 loss of $2.1 million, or 9 cents per share. Adjusted earnings were 7 cents per share. Revenue was $163 million. For the quarter ending September, the company expects revenue of $160 million to $170 million.

Mayville Engineering (NYSE: MEC) reported Q2 CY2026 revenue of $163 million, up 23.2% year on year, beating Wall Street estimates by 8.4%. Non-GAAP EPS was $0.07, above consensus. Next-quarter revenue midpoint guidance was $165 million. Shares fell 5.3% to $26.28 after results.

Mayville Engineering Company, Inc. (MEC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 MAYVILLE ENGINEERING COMPANY ANNOUNCES SECOND QUARTER 2026 RESULTS MILWAUKEE, Wis., August 4, 2026 – Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse e