On Oct. 16, 2026, MLAB is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.
Mesa Laboratories Inc /Co/ is a small-cap company with a market capitalization of $685M.
It ranks number 10 by market capitalization among the 18 Industrial Instruments For Measurement, Display, and Control issuers in our coverage with a current forecast.
Its P/E Ratio of 143.99x is the highest of the 9 peers that report one.
For MLAB, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 57.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 37.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from.
Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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