Materion (MTRN) Stock Forecast, Price Target & Predictions


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MTRN Stock Forecast


Materion stock forecast is as follows: an average price target of $125.00 (represents a 4.27% upside from MTRN’s last price of $119.88) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

MTRN Price Target


The average price target for Materion (MTRN) is $125.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $125.00. This represents a potential 4.27% upside from MTRN's last price of $119.88.

MTRN Analyst Ratings


Buy

According to 3 Wall Street analysts, Materion's rating consensus is 'Buy'. The analyst rating breakdown for MTRN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Materion Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Philip GibbsKeyBanc$125.00$106.0217.90%4.27%
May 10, 2024Philip GibbsKeyBanc$152.00$113.7733.61%26.79%
Apr 01, 2024Philip GibbsKeyBanc$156.00$131.7518.41%30.13%
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The latest Materion stock forecast, released on Nov 04, 2024 by Philip Gibbs from KeyBanc, set a price target of $125.00, which represents a 17.90% increase from the stock price at the time of the forecast ($106.02), and a 4.27% increase from MTRN last price ($119.88).

Materion Price Target by Period


1M3M12M
# Anlaysts113
Avg Price Target$125.00$125.00$144.33
Last Closing Price$119.88$119.88$119.88
Upside/Downside4.27%4.27%20.40%

In the current month, the average price target of Materion stock is $125.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.27% increase as opposed to Materion's last price of $119.88. This month's average price target is down 0.00% compared to last quarter, and down -13.39% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024Raymond JamesOverweightMarket PerformDowngrade
May 10, 2024KeyBancOverweightOverweightHold
Apr 01, 2024KeyBancOverweightOverweightHold
Jan 23, 2024Cowen & Co.OverweightOverweightHold
Oct 06, 2023Raymond JamesOverweightOverweightHold
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Materion's last stock rating was published by Raymond James on Oct 14, 2024. The company Downgrade its MTRN rating from "Overweight" to "Market Perform".

Materion Financial Forecast


Materion Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$421.04M$403.07M$398.55M$442.53M$434.58M$428.19M$445.30M$449.05M$397.23M$388.03M$371.00M$354.39M$339.69M$287.17M$271.47M$277.95M$280.16M$305.98M
Avg Forecast$522.00M$523.20M$497.50M$493.80M$472.50M$463.65M$445.70M$429.95M$437.72M$416.40M$424.02M$386.84M$420.36M$403.18M$439.76M$446.70M$437.27M$452.32M$455.48M$415.03M$428.03M$375.37M$343.50M$332.45M$292.15M$281.70M$282.55M$263.50M$295.32M$295.45M
High Forecast$534.19M$535.42M$509.12M$505.33M$483.54M$474.48M$456.11M$439.99M$444.45M$427.13M$433.92M$395.88M$425.61M$422.00M$450.03M$457.13M$447.48M$452.32M$455.48M$415.03M$428.03M$375.37M$343.50M$332.45M$292.15M$281.70M$282.55M$263.50M$295.32M$295.45M
Low Forecast$511.12M$512.30M$487.13M$483.51M$462.65M$453.99M$436.41M$420.99M$430.99M$405.67M$415.18M$378.78M$411.21M$381.60M$430.59M$437.39M$428.15M$452.32M$455.48M$415.03M$428.03M$375.37M$343.50M$332.45M$292.15M$281.70M$282.55M$263.50M$295.32M$295.45M
# Analysts1111111131224522111122222713766
Surprise %------------1.00%1.00%0.91%0.99%0.99%0.95%0.98%1.08%0.93%1.03%1.08%1.07%1.16%1.02%0.96%1.05%0.95%1.04%

Materion's average Quarter revenue forecast for Mar 24 based on 2 analysts is $386.84M, with a low forecast of $378.78M, and a high forecast of $395.88M. MTRN's average Quarter revenue forecast represents a -8.12% decrease compared to the company's last Quarter revenue of $421.04M (Dec 23).

Materion EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131224522111122222713766
EBITDA------------$27.64M$36.52M$35.34M$53.43M$40.94M$44.14M$45.98M$34.69M$28.45M$35.85M$32.46M$29.59M$14.77M$10.31M$18.80M$10.65M$16.63M$15.51M
Avg Forecast$49.29M$49.40M$46.97M$46.62M$44.61M$43.78M$42.08M$40.60M$41.33M$39.32M$40.04M$17.44M$39.69M$38.07M$41.52M$13.78M$28.91M$42.71M$42.03M$39.19M$40.41M$35.44M$28.19M$31.39M$27.58M$26.60M$26.68M$10.90M$27.88M$27.90M
High Forecast$50.44M$50.55M$48.07M$47.71M$45.65M$44.80M$43.07M$41.54M$41.96M$40.33M$40.97M$20.93M$40.19M$39.84M$42.49M$16.54M$34.70M$42.71M$50.43M$39.19M$40.41M$35.44M$33.83M$31.39M$27.58M$26.60M$26.68M$13.08M$27.88M$27.90M
Low Forecast$48.26M$48.37M$45.99M$45.65M$43.68M$42.86M$41.21M$39.75M$40.69M$38.30M$39.20M$13.95M$38.83M$36.03M$40.66M$11.03M$23.13M$42.71M$33.62M$39.19M$40.41M$35.44M$22.55M$31.39M$27.58M$26.60M$26.68M$8.72M$27.88M$27.90M
Surprise %------------0.70%0.96%0.85%3.88%1.42%1.03%1.09%0.89%0.70%1.01%1.15%0.94%0.54%0.39%0.70%0.98%0.60%0.56%

2 analysts predict MTRN's average Quarter EBITDA for Mar 24 to be $17.44M, with a high of $20.93M and a low of $13.95M. This is -36.91% lower than Materion's previous annual EBITDA (Dec 23) of $27.64M.

Materion Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131224522111122222713766
Net Income------------$19.47M$26.56M$24.08M$25.59M$28.76M$19.95M$23.25M$14.02M$19.68M$18.16M$17.87M$16.77M$5.39M$6.50M$6.68M$-3.10M$14.75M$3.46M
Avg Forecast$42.05M$39.96M$38.28M$35.98M$37.24M$34.24M$31.94M$26.08M$30.50M$29.41M$29.16M$-5.08M$29.41M$29.62M$28.45M$-4.01M$20.00M$29.75M$21.28M$21.89M$21.54M$17.50M$15.52M$12.55M$12.13M$10.77M$8.78M$-3.17M$14.06M$16.89M
High Forecast$43.33M$41.17M$39.45M$37.08M$38.37M$35.28M$32.91M$26.87M$31.13M$30.88M$29.70M$-4.06M$29.84M$30.25M$29.31M$-3.21M$24.00M$29.75M$25.54M$21.89M$21.54M$17.50M$18.62M$12.55M$12.13M$10.77M$8.78M$-2.54M$14.06M$16.89M
Low Forecast$40.91M$38.87M$37.25M$35.01M$36.23M$33.31M$31.07M$25.37M$29.87M$27.95M$28.62M$-6.09M$29.20M$28.79M$27.68M$-4.82M$16.00M$29.75M$17.03M$21.89M$21.54M$17.50M$12.41M$12.55M$12.13M$10.77M$8.78M$-3.81M$14.06M$16.89M
Surprise %------------0.66%0.90%0.85%-6.37%1.44%0.67%1.09%0.64%0.91%1.04%1.15%1.34%0.44%0.60%0.76%0.98%1.05%0.21%

Materion's average Quarter net income forecast for Mar 24 is $-5.08M, with a range of $-6.09M to $-4.06M. MTRN's average Quarter net income forecast represents a -126.09% decrease compared to the company's last Quarter net income of $19.47M (Dec 23).

Materion SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131224522111122222713766
SG&A------------$39.86M$38.81M$38.91M$40.34M$46.67M$38.96M$42.05M$41.66M$45.75M$43.20M$38.06M$36.78M$34.67M$35.70M$32.85M$30.74M$30.90M$36.31M
Avg Forecast$56.13M$56.26M$53.50M$53.10M$50.81M$49.86M$47.93M$46.23M$47.07M$44.78M$45.59M$50.32M$45.20M$43.35M$47.29M$39.78M$46.49M$48.64M$38.48M$44.63M$46.03M$40.36M$33.05M$35.75M$31.41M$30.29M$30.38M$31.44M$31.76M$31.77M
High Forecast$57.44M$57.57M$54.75M$54.34M$51.99M$51.02M$49.05M$47.31M$47.79M$45.93M$46.66M$60.38M$45.77M$45.38M$48.39M$47.73M$55.78M$48.64M$46.18M$44.63M$46.03M$40.36M$39.66M$35.75M$31.41M$30.29M$30.38M$37.73M$31.76M$31.77M
Low Forecast$54.96M$55.09M$52.38M$51.99M$49.75M$48.82M$46.93M$45.27M$46.34M$43.62M$44.64M$40.25M$44.22M$41.03M$46.30M$31.82M$37.19M$48.64M$30.79M$44.63M$46.03M$40.36M$26.44M$35.75M$31.41M$30.29M$30.38M$25.15M$31.76M$31.77M
Surprise %------------0.88%0.90%0.82%1.01%1.00%0.80%1.09%0.93%0.99%1.07%1.15%1.03%1.10%1.18%1.08%0.98%0.97%1.14%

Materion's average Quarter SG&A projection for Mar 24 is $50.32M, based on 2 Wall Street analysts, with a range of $40.25M to $60.38M. The forecast indicates a 26.24% rise compared to MTRN last annual SG&A of $39.86M (Dec 23).

Materion EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131224522111122222713766
EPS------------$0.94$1.29$1.17$1.24$1.40$0.97$1.13$0.69$0.96$0.89$0.87$0.82$0.27$0.32$0.33$-0.15$0.72$0.17
Avg Forecast$2.01$1.91$1.83$1.72$1.78$1.64$1.53$1.25$1.46$1.41$1.39$0.96$1.41$1.42$1.36$1.28$1.40$1.42$1.21$1.05$1.03$0.84$0.75$0.60$0.58$0.52$0.42$0.44$0.67$0.81
High Forecast$2.07$1.97$1.89$1.77$1.83$1.69$1.57$1.28$1.49$1.48$1.42$0.99$1.43$1.45$1.40$1.32$1.44$1.42$1.24$1.05$1.03$0.84$0.75$0.60$0.58$0.52$0.42$0.44$0.67$0.81
Low Forecast$1.96$1.86$1.78$1.67$1.73$1.59$1.49$1.21$1.43$1.34$1.37$0.93$1.40$1.38$1.32$1.25$1.36$1.42$1.18$1.05$1.03$0.84$0.75$0.60$0.58$0.52$0.42$0.44$0.67$0.81
Surprise %------------0.67%0.91%0.86%0.97%1.00%0.68%0.93%0.66%0.93%1.06%1.15%1.37%0.46%0.62%0.79%-0.34%1.07%0.21%

According to 2 Wall Street analysts, Materion's projected average Quarter EPS for Mar 24 is $0.96, with a low estimate of $0.93 and a high estimate of $0.99. This represents a 1.91% increase compared to MTRN previous annual EPS of $0.94 (Dec 23).

Materion Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LGOLargo$2.05$4.40114.63%Buy
CMPCompass Minerals$12.25$23.5091.84%Buy
MTRNMaterion$119.88$125.004.27%Buy
NEXANexa Resources$7.62$7.13-6.43%Hold

MTRN Forecast FAQ


Is Materion a good buy?

Yes, according to 3 Wall Street analysts, Materion (MTRN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of MTRN's total ratings.

What is MTRN's price target?

Materion (MTRN) average price target is $125 with a range of $125 to $125, implying a 4.27% from its last price of $119.88. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Materion stock go up soon?

According to Wall Street analysts' prediction for MTRN stock, the company can go up by 4.27% (from the last price of $119.88 to the average price target of $125), up by 4.27% based on the highest stock price target, and up by 4.27% based on the lowest stock price target.

Can Materion stock reach $200?

MTRN's average twelve months analyst stock price target of $125 does not support the claim that Materion can reach $200 in the near future.

What is Materion's current price target trend?

1 Wall Street analyst forecast a $125 price target for Materion (MTRN) this month, up 4.27% from its last price of $119.88. Compared to the last 3 and 12 months, the average price target increased by 4.27% and increased by 20.40%, respectively.

What are Materion's analysts' financial forecasts?

Materion's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.81B (high $1.85B, low $1.77B), average EBITDA is $171.07M (high $175.06M, low $167.5M), average net income is $129.5M (high $133.43M, low $125.99M), average SG&A $194.82M (high $199.37M, low $190.76M), and average EPS is $6.19 (high $6.38, low $6.02). MTRN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.04B (high $2.08B, low $1.99B), average EBITDA is $192.28M (high $196.77M, low $188.28M), average net income is $156.27M (high $161.02M, low $152.04M), average SG&A $218.98M (high $224.1M, low $214.42M), and average EPS is $7.47 (high $7.7, low $7.27).

Did the MTRN's actual financial results beat the analysts' financial forecasts?

Based on Materion's last annual report (Dec 2023), the company's revenue was $1.67B, which missed the average analysts forecast of $1.71B by -2.62%. Apple's EBITDA was $136.44M, beating the average prediction of $133.06M by 2.54%. The company's net income was $95.7M, beating the average estimation of $83.47M by 14.65%. Apple's SG&A was $157.91M, missing the average forecast of $175.62M by -10.08%. Lastly, the company's EPS was $4.64, missing the average prediction of $5.46 by -15.09%. In terms of the last quarterly report (Dec 2023), Materion's revenue was $421.04M, beating the average analysts' forecast of $420.36M by 0.16%. The company's EBITDA was $27.64M, missing the average prediction of $39.69M by -30.36%. Materion's net income was $19.47M, missing the average estimation of $29.41M by -33.81%. The company's SG&A was $39.86M, missing the average forecast of $45.2M by -11.82%. Lastly, the company's EPS was $0.94, missing the average prediction of $1.41 by -33.14%