Methanex Corporation's stock is experiencing a notable downturn amidst disappointing earnings results.
Shares of Methanex Corporation (MX.TO) are sliding today, down 2.58% to a real-time close of CA$75.90. This decline follows the company's recent earnings report, which revealed that its performance fell short of market expectations despite significant year-over-year revenue growth.
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Methanex Corporation
MX.TO
MX.TO
Methanex Corporation
WealthAwesomeMarket cap
$6.03B
P/E
62.8x
Div. yield
0.96%
Div. / share
$0.74
52W high
$92.66
52W low
$43.85
1W change
+1.75%
Beta
0.87
Analyst Price Targets
Based on analyst covering MX
Wall Street analysts forecast MX stock price to rise 17.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$91.19
+17.0% Upside
Current Price
C$77.91
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MX's historical volatility
30-Day Vol
48.6%
Annualized
90-Day Vol
49.0%
Annualized
Trend (90d)
-37.1%
Annualized drift
90d Mean
C$68.24
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$74.54 | C$63.04 – C$88.14 |
| 60 trading days | C$71.32 | C$56.27 – C$90.39 |
| 90 trading days | C$68.24 | C$51.05 – C$91.21 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors should be cautious as Methanex's recent earnings miss may signal underlying challenges, particularly in managing costs and production efficiency.
Methanex's stock down 2.58% today
The company's recent earnings report revealed a significant revenue increase but missed consensus estimates, leading to investor skepticism.
Bull case
Despite the current downturn, Methanex has demonstrated strong production capabilities and a solid year-over-year revenue increase. If the company can manage its operations effectively, this growth could pave the way for future success.
Bear case
The company's failure to meet earnings estimates raises concerns about its operational efficiency and future profitability. This is especially worrying in a volatile market affected by global supply disruptions.
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Earnings Report Highlights
Methanex reported adjusted earnings of $3.87 per share for the second quarter of 2026, which was below the Zacks Consensus Estimate of $4.00. While revenues surged 75.1% year-over-year to approximately $1.4 billion, this also fell short of expectations, leading to investor disappointment.
Market Reaction and Future Outlook
Following the earnings report, Methanex's stock has faced selling pressure, reflecting investor concerns about the company's ability to maintain profitability amid rising costs and an uncertain global market. The outlook for the upcoming quarters remains cautious, with management indicating potential declines in adjusted EBITDA due to lower realized prices.
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Wealth Awesome
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