Methode Electronics
MEI · NYSE · Technology
$13.27
$0.25 (-1.85%) today
Market Cap
$473.01M
24h Volume
$11.8M
P/E Ratio
0.0
52w High
$19.36
52w Low
$5.00
Est. AI Revenue
15%
7-Day Sparkline (Static)
Company facts
Performance
About Methode Electronics
Methode Electronics designs custom engineered components: user interfaces, lighting, sensors, and power distribution products. Most of its revenue comes from automotive and commercial vehicle programs, where it supplies switches, sensors, and power products to global manufacturers, along with industrial and interface products for other markets.
Its AI angle is power distribution. Methode makes busbars, the heavy conductors that route high current inside equipment, along with related power distribution assemblies used in data center power delivery. Management has repeatedly cited record data center power product sales driven by AI demand, making it the company's clearest growth engine while the automotive business restructures.
Founded in 1946 as a Chicago electronics component maker, Methode is now headquartered in Southfield, Michigan, employs about 6,650 people, and trades on the NYSE under MEI.
Methode Electronics in the AI buildout
Methode sits in the EMS & Manufacturing layer on the power side. AI racks draw far more current than traditional servers, and that power has to be routed safely through the rack and facility. Methode's busbars and power distribution assemblies do that routing, and demand from data center customers has produced record sales for the product line. It is a small supplier by market value, which makes the data center business more meaningful to its story than at larger industrial peers.
MEI is tracked in EMS & Manufacturing and Data Centers & Hardware, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
MEI trades at $13.27, 58% of the way up its 52-week range of $5.00 to $19.36.
Market cap
Market capitalization is $473.01M, with an AI Exposure Score of 35 out of 100.
Next earnings
Methode Electronics is next expected to report earnings on December 2, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Methode Electronics do?
Methode designs and makes custom engineered components, including switches, sensors, lighting, and power distribution products. Automotive and commercial vehicle programs make up most of its business, with data center power products a fast growing addition.
How is Methode Electronics exposed to AI?
Supercycle rates Methode Growing with an AI Exposure Score of 35 out of 100. Its busbars and power distribution components go into data center power delivery, and management has cited record data center product sales on AI demand.
What are busbars?
Busbars are rigid metal conductors that carry high electrical current inside equipment and facilities. In data centers they distribute power to dense AI server racks more efficiently than bundles of cable, and they are Methode's key product for the market.
Is MEI a pure play AI stock?
No. Methode is rated Growing. Data center power distribution is its strongest growth story, but the company earns the majority of its revenue from automotive markets and has been working through a multi year operational turnaround.
Who leads Methode?
Jonathan DeGaynor became president and CEO in 2024, brought in to lead the company's turnaround. Methode was founded in 1946, is headquartered in Southfield, Michigan, and employs about 6,650 people worldwide.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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