$MEI

METHODE ELECTRONICS INC

0
2
0
$1.3M
Erwin John Thomas
0%
See all $MEI insider activity →
High

METHODE ELECTRONICS INC (MEI): Results of Operations and Financial Condition

METHODE ELECTRONICS INC (MEI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2027 First Quarter Financial Results Continued transformation progress drove robust revenue growth and operational excellence gains Consolidated Fiscal First Quarter 2027 Highlights • Net sales of $265.4 million, up 10.4% year

New awards represent $75 million in peak annual revenue for Methode

Methode Electronics reported fiscal 2027 Q1 net sales of $265.4M, up 10.4% YoY, with a net loss of $11.4M. Industrial segment sales rose 27.0% to $156.8M, while Automotive sales were flat at $105.7M. The company booked new awards with $75M peak annual revenue and affirmed fiscal 2027 guidance, including net sales of $1.025B-$1.075B and adjusted EBITDA of $72M-$82M.

Why Methode Electronics (MEI) Stock Is Trading Up Today

Methode Electronics (MEI) shares rose 14.9% after Craig-Hallum initiated coverage with a Buy rating and $30 price target, citing operational improvements, automotive segment stabilization, and potential from 800VDC data centers. The stock has seen significant volatility, with a 23.7% gain two months ago on strong Q1 results and guidance. MEI is up 140% YTD but trades 17.1% below its 52-week high.

MEI sentiment & insider activity

Over the past 7 days, alphai's AI scored 2 news stories mentioning MEI (METHODE ELECTRONICS INC). Coverage has been balanced: 0 bullish, 2 neutral, and 0 bearish.

Recent MEI coverage spans earnings, insider activity and market movers.

In the last 30 days, MEI insiders filed 5 SEC Form 4 transactions — no purchases and 5 sales ($1.3M). The most active reporter was Erwin John Thomas, CPO & EHS Officer, with 1 filing.

What's driving MEI

alphai scores every news story that mentions MEI with an AI model for sentiment and relevance, and aggregates insider trades from METHODE ELECTRONICS INC's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $MEI

Score
$MEIHigh

METHODE ELECTRONICS INC (MEI): Results of Operations and Financial Condition

METHODE ELECTRONICS INC (MEI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2027 First Quarter Financial Results Continued transformation progress drove robust revenue growth and operational excellence gains Consolidated Fiscal First Quarter 2027 Highlights • Net sales of $265.4 million, up 10.4% year

New awards represent $75 million in peak annual revenue for Methode

Methode Electronics reported fiscal 2027 Q1 net sales of $265.4M, up 10.4% YoY, with a net loss of $11.4M. Industrial segment sales rose 27.0% to $156.8M, while Automotive sales were flat at $105.7M. The company booked new awards with $75M peak annual revenue and affirmed fiscal 2027 guidance, including net sales of $1.025B-$1.075B and adjusted EBITDA of $72M-$82M.

Why Methode Electronics (MEI) Stock Is Trading Up Today

Methode Electronics (MEI) shares rose 14.9% after Craig-Hallum initiated coverage with a Buy rating and $30 price target, citing operational improvements, automotive segment stabilization, and potential from 800VDC data centers. The stock has seen significant volatility, with a 23.7% gain two months ago on strong Q1 results and guidance. MEI is up 140% YTD but trades 17.1% below its 52-week high.

NASA Selects Seven Companies To Enhance Mobility On Mars

NASA selected seven companies for potential contract awards under its STRIDE initiative to develop robotic surface mobility for Mars. NASA said the program’s total estimated value is $17 million, starting this fall. Selected firms include AeroVironment, Astrobotic, Venturi Astrolab, Ground Control Robotics, Honeybee Robotics, Intuitive Machines, and MEI Technologies.

$MEIMedAI 8/10

Why Methode Electronics Stock Jumped 40% Today

Methode Electronics shares rose as much as 40% on Thursday after the company reported Q4 2026 results that beat Wall Street expectations, according to the article. Revenue grew to $298.1 million versus a $239.5 million consensus, with automotive sales up 28% and industrial revenue up 14%. Earnings held at $0.01 per share, aided by contract minimums and recoveries.

Why Methode Electronics (MEI) Stock Is Trading Up Today

Methode Electronics (NYSE: MEI) shares rose 23.7% in the morning after the company reported Q1 results that beat revenue expectations and issued strong sales guidance. Net sales were $298.1 million, up 15.9% year over year and 25% above estimates; adjusted EBITDA was $26.9 million, nearly 60% above estimates. The company forecast full-year revenue of about $1.05 billion (midpoint), over 10% above analysts’ views.

$MEIMed

METHODE ELECTRONICS INC (MEI): Results of Operations and Financial Condition

METHODE ELECTRONICS INC (MEI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results Transformation progress drives improved profitability and positions the Company for continued growth in fiscal 2027 Fiscal Fourth Qua

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