Royal Bank Of Canada Issues Positive Forecast for Methanex (NASDAQ:MEOH) Stock Price

Methanex (NASDAQ:MEOH) (TSE:MX) had its price objective raised by Royal Bank Of Canada from $65.00 to $70.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “sector perform” rating on the specialty chemicals company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 9.99% from the company’s previous close.

Several other equities research analysts have also weighed in on MEOH. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Methanex in a research report on Friday. Zacks Research raised Methanex from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Raymond James Financial increased their target price on Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a research report on Thursday, April 16th. BMO Capital Markets increased their target price on Methanex from $65.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $65.00 target price (up from $56.00) on shares of Methanex in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.40.

Methanex Stock Performance

Shares of MEOH stock traded down $1.90 on Friday, hitting $63.64. 535,262 shares of the stock traded hands, compared to its average volume of 1,273,124. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.06 and a quick ratio of 1.37. The company has a market capitalization of $4.92 billion, a PE ratio of -129.58 and a beta of 0.56. Methanex has a 1-year low of $31.57 and a 1-year high of $66.75. The company’s fifty day moving average is $56.48 and its 200 day moving average is $46.29.

Methanex (NASDAQ:MEOH) (TSE:MX) last posted its quarterly earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.12). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.92%. The firm had revenue of $957.42 million for the quarter, compared to analyst estimates of $964.76 million. During the same period in the prior year, the company posted $1.30 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. On average, equities research analysts predict that Methanex will post 5.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MEOH. Amundi grew its stake in shares of Methanex by 3.9% in the first quarter. Amundi now owns 22,791 shares of the specialty chemicals company’s stock worth $800,000 after purchasing an additional 848 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of Methanex in the second quarter worth $419,000. Invesco Ltd. grew its stake in shares of Methanex by 15.7% in the second quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company’s stock worth $8,250,000 after purchasing an additional 33,827 shares in the last quarter. AXA S.A. bought a new position in shares of Methanex in the second quarter worth $166,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of Methanex by 327.0% in the second quarter. Qube Research & Technologies Ltd now owns 47,284 shares of the specialty chemicals company’s stock worth $1,565,000 after purchasing an additional 36,211 shares in the last quarter. Institutional investors own 73.49% of the company’s stock.

Methanex News Summary

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: Board, auditor and executive pay were supported by shareholders at the April 30 AGM, removing near?term governance uncertainty. Methanex Shareholders Back Board, Auditor and Pay at April 30 AGM
• Positive Sentiment: The board declared a quarterly cash dividend of US$0.185/share (payable June 30), which supports income investors and provides a baseline of shareholder return. Methanex Corporation – Notice of Cash Dividend
• Neutral Sentiment: JPMorgan reaffirmed a Neutral rating but raised its price target to $65 from $56 — a modest upside to current levels but no change to conviction. Benzinga: JPMorgan rating
• Neutral Sentiment: Management reported adjusted EBITDA of $220M and adjusted net income of $23M and described the company as “well?positioned,” signaling operational resilience despite the headline miss. Methanex Reports First Quarter 2026 Results
• Negative Sentiment: Q1 EPS of $0.30 missed consensus (~$0.42–$0.47) and revenue of ~$957M slightly trailed estimates; EPS fell sharply vs. $1.30 a year ago — a primary driver of the share decline. Zacks: Methanex Q1 Earnings Lag Estimates
• Negative Sentiment: The company recorded a small net loss attributable to mark?to?market share?based compensation (linked to the share price increase), producing a negative net margin and raising short?term earnings volatility concerns. Methanex Q1 2026 Results

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).