Montrose Environmental Group stock in March (2026) | Analysis, price target & growth

Montrose Environment...

NYSE:MEG

$ 21,12

$-1,26 (-5,63%)

21,12 $

$-1,26 (-5,63%)

End-of-day quote: 03/27/2026

Montrose Environmental Group Stock Value

Analysts currently rate NYSE:MEG as Outperform.

Outperform

Montrose Environmental Group Company Info

EPS Growth 5Y

76,54%

Market Cap

$0,76 B

Long-Term Debt

$0,28 B

Short Interest

6,40%

Quarterly earnings

05/07/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

2012

Industry

Industrials

Country

United States

ISIN Number

US6151111019

Website

http://www.montrose-env.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$36,00

70.45%

Last Update: 03/29/2026

Analysts: 6

Highest Price Target $40,00

Average Price Target $36,00

Lowest Price Target $31,00

In the last five quarters, Montrose Environmental Group’s Price Target has fallen from $38,86 to $28,00 - a -27,95% decrease. One analysts predict that Montrose Environmental Group’s share price will increase in the coming year, reaching $36,00. This would represent an increase of 70,45%.

Top growth stocks in the industrials sector (5Y.)

What does Montrose Environmental Group do?

Montrose Environmental Group, Inc. operates as an environmental services company. The company serves the recurring environmental needs of a diverse client base, including Fortune 500 companies and federal, state and local governments. Examples of the company’s services include: The company provides a diverse range of environmental services to its private and public sector clients across the life cycle of their needs—whether they are launching new projects, maintaining operations, decommissioni...

Examples of the company’s services include:

The company provides a diverse range of environmental services to its private and public sector clients across the life cycle of their needs—whether they are launching new projects, maintaining operations, decommissioning operations, rehabilitating assets, managing the impacts of climate change or responding to unexpected environmental disruption. The company’s integrated platform has been a catalyst for its organic growth and it has built on this platform through strategic acquisitions.

Innovation is core to the company’s strategy. As the world’s environmental challenges grow in number, scope and complexity, increasing public pressure and ongoing regulatory changes are driving the demand for better information and advanced solutions. The company prioritizes innovation to enhance the quality of information provided to clients, and provide solutions tailored to clients' specific environmental needs. Examples include more accurately measuring emissions, or identifying and remediating known and emerging contaminants. The company’s commitment to ongoing innovation includes investing in research, development, software development, and technology—both directly and through strategic partnerships.

The company serves a diverse set of approximately 6,300 clients across a wide variety of end markets and geographies in both the private and public sectors, with the majority of clients being in the private sector. Funding for its services is typically non-discretionary given regulatory drivers and public health concerns. The company’s client activities can occur at different times for different industries, regardless of economic cycles.

Segments

The company operates through three business segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse.

Assessment, Permitting and Response

Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects and development projects. The company also works closely with clients to navigate the regulatory process at the local, state, provincial and federal levels, identify the potential environmental and political impacts of their decisions and develop practical mitigation approaches, as needed. In addition to environmental toxicology, and given the company’s expertise in helping businesses plan for and respond to disruptions, its scientists and response teams have helped clients navigate their preparation for and response to emergency response situations.

Measurement and Analysis

Measurement and Analysis segment is one of the largest providers of environmental testing and laboratory services in North America. Supported by employees across the U.S. and Canada, the company’s highly credentialed teams test and analyze air, water and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna and human health. The company’s offerings include source and ambient air testing and monitoring, leak detection, and advanced multi-media laboratory services, including air, soil, stormwater, wastewater and drinking water analysis.

Remediation and Reuse

Remediation and Reuse segment provides clients with engineering, design, and implementation services, primarily treatment technologies that treat contaminated water, remove contaminants from soil or create renewable energy from waste. The company’s employees include engineers, scientists and consultants, provide these services to assist its clients in designing solutions, managing products and mitigating environmental risks and liabilities at their locations.

Strategy

The key elements of the company’s strategy are to expand its portfolio of services; provide access to differentiated technologies or processes; and extend its geographic coverage.

Acquisitions

In 2024, the company acquired Epic Environmental Pty Ltd (Epic); Two Dot Consulting, LLC (2DOT); Engineering & Technical Associates, Inc. (ETA); Paragon Soil and Environmental Consulting Inc. (Paragon); Spirit Environmental, LLC. (Spirit); and Origins Laboratory, Inc. (Origins).

Clients

The company provides environmental services to approximately 6,300 clients operating in a number of sectors and industries, including but not limited to oil and gas, utilities, local, state, provincial and federal government entities, technical services, industrial manufacturing, transportation, chemicals, renewable energy generation, aerospace, telecommunications and engineering. The company has long-term, and through its legacy companies, decades-old relationships. The company serves a diversified client base in both the private and public sectors, with the vast majority of revenue being generated from clients in the private sector.

The company’s largest client represented approximately 4.6% of revenue for fiscal year ended December 31, 2024, with these revenues derived from over 14 separate projects. As a result of the nature of its environmental emergency response business, its Assessment, Permitting and Response segment may at times experience higher customer concentration levels based on the severity, duration and outcome of certain types of environmental emergencies for which it provides response services, as was the case in 2024 when 31.4% of its Assessment, Permitting and Response segment revenues were attributable to three customers.

For the fiscal year ended December 31, 2024, 53.3% of the company’s revenue came from customers engaging us to provide more than one service. The company has expanded its relationships with its existing customer base with its vertically integrated business model.

Seasonality

Because demand for environmental services is not driven by specific or predictable patterns in one or more fiscal quarters, the company’s business is better assessed based on yearly results. Additionally, due to the field-based nature of certain of the company’s services, weather patterns generally impact its field-based teams’ ability to operate in the winter months. As a result, the company’s operating results in its Measurement and Analysis segment and its Remediation and Reuse segment, experience some quarterly variability with generally lower revenues and lower earnings in the first and fourth quarters (year ended December 31, 2024) and typically it experiences higher overall revenues and earnings in the second and third quarters. As the company continues to grow and expand into new geographies and service lines, quarterly variability in its Measurement and Analysis and Remediation and Reuse segments may deviate from historical trends.

Competition

The company’s Assessment, Permitting and Response segment competitors include the environmental divisions of ERM, Ramboll, Geosyntec, Exponent, WSP and other large engineering companies and small businesses. The company’s Measurement and Analysis segment competitors include the environmental divisions of SGS, TRC Companies, Eurofins, Pace Analytical and other large testing companies and small businesses. The company’s Remediation and Reuse segment competitors include the environmental divisions or remediation segments of Tetra Tech, AECOM, Xylem, Veolia, Mead & Hunt, and other large engineering companies and other small businesses.

Regulations

Internationally, the company is subject to various government laws and regulations (including the U.S. Foreign Corrupt Practices Act (FCPA) and similar non-U.S. laws and regulations).

History

Montrose Environmental Group, Inc. was founded in 2012. The company was incorporated in Delaware in 2013.

Montrose Environmental Group Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue shares by industry:** - Environmental consulting: approx. 40% - Air quality and emissions monitoring: approx. 35% - Water and waste management: approx. 25% **TOP 3 markets and their percentage shares:** - USA: approx. 70% - Canada: approx. 15% - Europe: approx. 10% Montrose Environmental...

At which locations are the company’s products manufactured?

**Production Facilities:** USA, Canada, Australia Montrose Environmental Group, Inc. is a company specializing in environmental consulting and services. It does not produce physical products in the traditional sense, but offers services in the areas of air quality, environmental laboratory analysis...

What strategy does Montrose Environmental Group pursue for future growth?

**Revenue Growth:** 18% (estimated 2025) **Profit Growth:** 14% (estimated 2025) Montrose Environmental Group, Inc. pursues a growth strategy based on three main pillars: organic growth, strategic acquisitions, and technological innovations. The company continuously invests in expanding its se...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials/Items:** Chemicals, measuring devices, specialized equipment **Countries of Origin:** USA, Germany, Japan Montrose Environmental Group, Inc. is a company specializing in environmental solutions. The imported materials typically include specialized chemicals and measur...

How strong is the company’s competitive advantage?

**Market Share:** Estimated 5-7% in the environmental consulting sector (2026) **Growth:** 10% annual revenue growth (estimated for 2026) **EBITDA Margin:** 12% (estimated for 2026) Montrose Environmental Group, Inc. has established itself as a significant player in the field of environmental con...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 85% (estimated for 2026 based on historical trends) **Insider Purchases/Sales:** No specific data available for 2026. Historically, there have been regular insider transactions, which, however, were within the scope of normal corporate activities. The inst...

What percentage market share does Montrose Environmental Group have?

**Market share of Montrose Environmental Group, Inc.:** Estimate: 5-7% (2026) **Main competitors and their market share:** 1. **AECOM:** 10-12% 2. **Jacobs Engineering Group:** 9-11% 3. **Tetra Tech, Inc.:** 8-10% 4. **Stantec Inc.:** 7-9% 5. **Montrose Environmental Group, Inc.:** 5-7% 6. **Arcad...

Is Montrose Environmental Group stock currently a good investment?

**Revenue Growth:** 18% (2025) **EBITDA Growth:** 20% (2025) **Market Share in the Environmental Sector:** 5% (2025) Montrose Environmental Group, Inc. recorded strong revenue growth of 18% in 2025, driven by increasing demand for environmental solutions and services. The company has solidified its...

Does Montrose Environmental Group pay a dividend – and how reliable is the payout?

**Dividend:** No payout (as of 2023) Montrose Environmental Group, Inc. currently does not pay a dividend. The company has focused in the past on investing its resources in growth and expansion rather than distributing dividends to shareholders. The reliability of a dividend payment is therefore n...

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Montrose Environmental Group Stock Value

Montrose Environmental Group Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Montrose Environmental Group do?

Montrose Environmental Group Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Montrose Environmental Group Stock Value

Montrose Environmental Group Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Montrose Environmental Group do?

Montrose Environmental Group Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.