Overview

* Mayville Engineering Q2 2025 revenue misses analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 beats analyst expectations

* Company completed Accu-Fab acquisition, enhancing strategic diversification efforts

Outlook

* Company updates 2025 guidance due to Accu-Fab acquisition and market softness

* MEC expects steady demand in Accu-Fab's power infrastructure markets

* Company withdraws 2026 financial targets amid uncertain macroeconomic conditions

* MEC sees 2025 net sales between $528 mln and $562 mln

Result Drivers

* CUSTOMER DEMAND - Soft demand across majority of end markets due to elevated uncertainty, impacting sales

* ACQUISITION IMPACT - Accu-Fab acquisition expected to enhance strategic diversification, integration underway

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $132.30 $138 mln

Revenue mln (4

Analysts

)

Q2 EPS -$0.05

Q2 Net -$1.10

Income mln

Q2 Beat $13.70 $13.40

Adjusted mln mln (4

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

* Wall Street's median 12-month price target for Mayville Engineering Company Inc ( MEC ) is $21.00, about 21.7% above its August 4 closing price of $16.45

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)