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 $152.00 (represents a 40.55% upside from MTRN’s last price of $108.15) 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 $152.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $152.00 to $152.00. This represents a potential 40.55% upside from MTRN's last price of $108.15.

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%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 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
May 10, 2024Philip GibbsKeyBanc$152.00$113.7733.61%40.55%
Apr 01, 2024Philip GibbsKeyBanc$156.00$131.7518.41%44.24%
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The latest Materion stock forecast, released on May 10, 2024 by Philip Gibbs from KeyBanc, set a price target of $152.00, which represents a 33.61% increase from the stock price at the time of the forecast ($113.77), and a 40.55% increase from MTRN last price ($108.15).

Materion Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$154.00
Last Closing Price$108.15$108.15$108.15
Upside/Downside-100.00%-100.00%42.39%

In the current month, the average price target of Materion stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Materion's last price of $108.15. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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 KeyBanc on May 10, 2024. The company gave MTRN a "Overweight" rating, the same as its previous rate.

Materion Financial Forecast


Materion Revenue Forecast

Dec 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 19Jun 19Mar 19Dec 18Sep 18
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$297.84M$301.44M$298.07M$297.19M
Avg Forecast$484.55M$476.95M$472.90M$455.20M$454.80M$434.86M$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$306.42M$297.70M$243.04M$240.38M
High Forecast$517.02M$508.91M$504.59M$485.70M$485.28M$454.09M$452.43M$412.76M$425.61M$422.00M$469.23M$476.63M$466.57M$482.64M$455.48M$423.58M$436.85M$383.10M$350.58M$339.30M$298.17M$287.50M$288.37M$268.93M$301.41M$301.54M$312.74M$303.83M$291.65M$288.45M
Low Forecast$465.43M$458.13M$454.24M$437.24M$436.85M$415.63M$407.29M$371.57M$411.21M$381.60M$422.41M$429.07M$420.01M$434.48M$455.48M$405.03M$417.72M$366.32M$335.22M$324.44M$285.11M$274.91M$275.74M$257.15M$288.21M$288.33M$299.04M$290.53M$194.43M$192.30M
# Analysts----2323452211212225555544441017
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%0.97%1.01%1.23%1.24%

Materion's average Quarter revenue forecast for Mar 24 based on 3 analysts is $386.84M, with a low forecast of $371.57M, and a high forecast of $412.76M. 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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts----2323452211212225555544441017
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$33.18M$30.21M$-26.62M$27.22M
Avg Forecast$45.75M$45.03M$44.65M$42.98M$42.94M$41.06M$40.04M$17.44M$39.69M$38.07M$41.52M$13.78M$41.29M$27.23M$43.01M$39.19M$26.28M$24.76M$28.19M$31.39M$11.71M$9.71M$17.13M$10.90M$16.38M$15.51M$28.44M$19.81M$-20.59M$20.79M
High Forecast$48.82M$48.05M$47.64M$45.86M$45.82M$42.87M$42.72M$20.93M$40.19M$39.84M$44.30M$16.54M$44.05M$32.68M$43.01M$39.99M$31.54M$29.71M$33.83M$32.04M$14.06M$11.66M$20.56M$13.08M$19.65M$18.61M$34.13M$23.77M$-16.47M$24.95M
Low Forecast$43.95M$43.26M$42.89M$41.28M$41.25M$39.24M$38.46M$13.95M$38.83M$36.03M$39.88M$11.03M$39.66M$21.79M$43.01M$38.24M$21.03M$19.81M$22.55M$30.63M$9.37M$7.77M$13.71M$8.72M$13.10M$12.41M$22.75M$15.85M$-24.71M$16.63M
Surprise %--------0.70%0.96%0.85%3.88%0.99%1.62%1.07%0.89%1.08%1.45%1.15%0.94%1.26%1.06%1.10%0.98%1.02%1.00%1.17%1.53%1.29%1.31%

3 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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts----2323452211212225555544441017
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$15.54M$16.91M$-20.83M$19.97M
Avg Forecast$40.57M$38.59M$35.34M$34.19M$37.65M$32.25M$29.15M$-5.08M$29.41M$29.61M$28.44M$-4.01M$29.23M$13.79M$25.43M$21.91M$18.18M$12.54M$15.52M$12.56M$4.28M$6.12M$6.08M$-3.17M$14.53M$3.46M$13.32M$11.09M$-16.11M$15.25M
High Forecast$44.11M$41.95M$38.42M$37.17M$40.92M$32.45M$31.69M$-4.06M$29.83M$30.24M$30.92M$-3.21M$31.77M$16.55M$25.43M$22.50M$21.82M$15.04M$18.62M$12.90M$5.13M$7.35M$7.30M$-2.54M$17.44M$4.16M$15.98M$13.30M$-12.89M$18.30M
Low Forecast$38.49M$36.61M$33.53M$32.44M$35.71M$32.04M$27.66M$-6.09M$29.19M$28.78M$26.98M$-4.82M$27.73M$11.03M$25.43M$21.23M$14.55M$10.03M$12.41M$12.17M$3.42M$4.90M$4.87M$-3.81M$11.62M$2.77M$10.66M$8.87M$-19.33M$12.20M
Surprise %--------0.66%0.90%0.85%-6.37%0.98%1.45%0.91%0.64%1.08%1.45%1.15%1.33%1.26%1.06%1.10%0.98%1.02%1.00%1.17%1.53%1.29%1.31%

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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts----2323452211212225555544441017
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$39.89M$40.06M$37.68M$38.87M
Avg Forecast$52.10M$51.29M$50.85M$48.95M$48.90M$46.76M$45.59M$50.32M$45.20M$43.35M$47.29M$39.78M$47.02M$32.81M$48.98M$44.63M$42.26M$29.83M$33.05M$35.75M$27.50M$33.64M$29.93M$31.44M$30.44M$36.31M$34.19M$26.27M$29.15M$29.68M
High Forecast$55.60M$54.72M$54.26M$52.23M$52.18M$48.83M$48.65M$60.38M$45.77M$45.38M$50.46M$47.73M$50.17M$39.37M$48.98M$45.55M$50.71M$35.79M$39.66M$36.48M$33.00M$40.36M$35.92M$37.73M$36.52M$43.57M$41.03M$31.53M$34.98M$35.62M
Low Forecast$50.05M$49.26M$48.84M$47.02M$46.97M$44.69M$43.80M$40.25M$44.22M$41.03M$45.42M$31.82M$45.16M$26.25M$48.98M$43.55M$33.81M$23.86M$26.44M$34.89M$22.00M$26.91M$23.95M$25.15M$24.35M$29.05M$27.35M$21.02M$23.32M$23.75M
Surprise %--------0.88%0.90%0.82%1.01%0.99%1.19%0.86%0.93%1.08%1.45%1.15%1.03%1.26%1.06%1.10%0.98%1.02%1.00%1.17%1.53%1.29%1.31%

Materion's average Quarter SG&A projection for Mar 24 is $50.32M, based on 3 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 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 19Jun 19Mar 19Dec 18Sep 18
# Analysts----2323452211212225555544441017
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$0.76$0.83$-1.03$0.99
Avg Forecast$1.94$1.84$1.69$1.64$1.80$1.54$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$0.77$0.60$0.41$0.42
High Forecast$2.11$2.01$1.84$1.78$1.96$1.55$1.52$1.04$1.43$1.45$1.48$1.39$1.52$1.55$1.21$1.07$1.06$0.86$0.77$0.62$0.60$0.53$0.43$0.45$0.69$0.83$0.79$0.62$0.49$0.50
Low Forecast$1.84$1.75$1.60$1.55$1.71$1.53$1.32$0.91$1.40$1.38$1.29$1.22$1.33$1.35$1.21$1.01$1.00$0.81$0.73$0.58$0.56$0.50$0.41$0.42$0.65$0.78$0.75$0.59$0.33$0.34
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%0.99%1.37%-2.51%2.36%

According to 3 Wall Street analysts, Materion's projected average Quarter EPS for Mar 24 is $0.96, with a low estimate of $0.91 and a high estimate of $1.04. 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$1.69$4.40160.36%Buy
CMPCompass Minerals$11.15$23.50110.76%Buy
MTRNMaterion$108.15$152.0040.55%Buy
NEXANexa Resources$6.63$6.833.02%Hold

MTRN Forecast FAQ


Yes, according to 3 Wall Street analysts, Materion (MTRN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of MTRN's total ratings.

Materion (MTRN) average price target is $152 with a range of $152 to $152, implying a 40.55% from its last price of $108.15. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MTRN stock, the company can go up by 40.55% (from the last price of $108.15 to the average price target of $152), up by 40.55% based on the highest stock price target, and up by 40.55% based on the lowest stock price target.

MTRN's average twelve months analyst stock price target of $152 does not support the claim that Materion can reach $200 in the near future.

Materion's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.7B (high $1.8B, low $1.63B), average EBITDA is $141.47M (high $152.34M, low $132.9M), average net income is $93.97M (high $101.01M, low $89.32M), average SG&A $191.58M (high $210.04M, low $175.72M), and average EPS is $5.69 (high $6.07, low $5.47). MTRN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.89B (high $2.02B, low $1.82B), average EBITDA is $178.41M (high $190.37M, low $171.37M), average net income is $148.7M (high $161.65M, low $141.07M), average SG&A $203.19M (high $216.8M, low $195.17M), and average EPS is $7.11 (high $7.73, low $6.75).

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 $83.45M by 14.68%. 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 -33.79%. 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%