70/100BMartin Marietta Materials stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Martin Marietta Materials is 617.73, 20.1% above the current price of 514.14. Their targets range from 530.00 to 680.00.
Of the 15 firms that rated Martin Marietta Materials in the past 12 months, 12 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 530.00 to 680.00, with an average of 617.73.
| Buy | 12 | |
| Hold | 3 | |
| Sell | 0 |
12-month price target
| Highest target | 680.00 |
| Average target | 617.73 |
| Lowest target | 530.00 |
| Current price | 514.14 |
Martin Marietta Materials price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Martin Marietta Materials price target and rating?
How analysts rate Martin Marietta Materials, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
12 of 15 firms rate it buy now, against 11 of 15 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Martin Marietta Materials analyst upgrades, downgrades and price targets
The latest rating change came on 9 September 2026, when Wells Fargo upgraded Martin Marietta Materials from Equal Weight to Overweight. Its price target is 609.00, from 616.00. The most recent new target came from UBS on 12 November 2026: 640.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 12 Nov 2026 | UBS Steven Fisher | Reiterated · Buy | 662.00 → 640.00 | -3.3% | 524.13 |
| 11 Nov 2026 | Stifel Nicolaus Brian Brophy | Reiterated · Buy | 629.00 → 653.00 | +3.8% | 526.34 |
| 6 Nov 2026 | Raymond James Patrick Tyler Brown | — | 640.00 → 620.00 | -3.1% | 527.83 |
| 28 Oct 2026 | Stifel Nicolaus Brian Brophy | Reiterated · Buy | 629.00 | — | 503.69 |
| 16 Oct 2026 | Raymond James | Reiterated · Outperform | 660.00 → 640.00 | -3.0% | 503.35 |
| 9 Oct 2026 | RBC Capital | Reiterated · Sector Perform | 620.00 → 530.00 | -14.5% | 479.22 |
| 8 Oct 2026 | UBS | Reiterated · Buy | 715.00 → 662.00 | -7.4% | 478.83 |
| 5 Oct 2026 | Truist Financial | Reiterated · Buy | 730.00 → 625.00 | -14.4% | 482.49 |
| 5 Oct 2026 | Wells Fargo | Reiterated · Overweight | 585.00 → 579.00 | -1.0% | 482.49 |
| 21 Sept 2026 | Wells Fargo | Reiterated · Overweight | 609.00 → 585.00 | -3.9% | 490.64 |
| 9 Sept 2026 | Wells Fargo Timna Tanners | Upgraded · Equal Weight → Overweight | 616.00 → 609.00 | -1.1% | 511.98 |
| 2 Sept 2026 | JP Morgan | Upgraded · Neutral → Overweight | — | — | — |
| 28 Aug 2026 | RBC Capital | Reiterated · Sector Perform | 610.00 → 620.00 | +1.6% | 528.33 |
| 24 Aug 2026 | D.A. Davidson | — | 680.00 → 625.00 | -8.1% | 533.11 |
| 13 Aug 2026 | Morgan Stanley | Reiterated · Overweight | 702.00 → 639.00 | -9.0% | 543.90 |
| 4 Aug 2026 | Wolfe Research | — | 648.00 | — | 543.74 |
| 3 Aug 2026 | RBC Capital | Reiterated · Sector Perform | 615.00 → 610.00 | -0.8% | 537.46 |
| 3 Aug 2026 | UBS | Reiterated · Buy | 739.00 → 715.00 | -3.2% | 525.14 |
| 31 Jul 2026 | Raymond James | — | 675.00 → 660.00 | -2.2% | 534.08 |
| 31 Jul 2026 | Stephens | Reiterated · Overweight | 735.00 → 680.00 | -7.5% | 540.00 |
| 15 Jul 2026 | Raymond James | Reiterated · Outperform | 690.00 → 675.00 | -2.2% | 573.75 |
| 8 Jul 2026 | Wells Fargo Timna Tanners | Reiterated · Equal Weight | 608.00 → 616.00 | +1.3% | 594.17 |
| 2 Jun 2026 | Berenberg Bank | — | 556.00 | — | 570.96 |
| 10 May 2026 | UBS | — | 723.00 → 739.00 | +2.2% | 590.38 |
| 4 May 2026 | Truist Financial | Reiterated · Buy | 710.00 → 730.00 | +2.8% | 606.92 |
| 4 May 2026 | RBC Capital Anthony Codling | Reiterated · Sector Perform | 630.00 → 615.00 | -2.4% | 607.35 |
| 27 Apr 2026 | Raymond James | — | 690.00 | — | 615.66 |
| 15 Apr 2026 | Wells Fargo | Reiterated · Equal Weight | 631.00 → 608.00 | -3.6% | 630.80 |
| 2 Apr 2026 | B. Riley Securities | Upgraded · Neutral → Buy | — | — | — |
| 9 Mar 2026 | Morgan Stanley | Reiterated · Overweight | 706.00 → 702.00 | -0.6% | 612.52 |
| 26 Feb 2026 | Jefferies Philip Ng | — | 730.00 → 785.00 | +7.5% | 678.46 |
| 26 Feb 2026 | RBC Capital Anthony Codling | — | 575.00 → 630.00 | +9.6% | 678.46 |
| 17 Feb 2026 | Morgan Stanley Angel Castillo | — | 690.00 → 706.00 | +2.3% | 654.00 |
| 13 Feb 2026 | RBC Capital | Reiterated · Sector Perform | 575.00 | — | 679.83 |
| 13 Feb 2026 | Stephens | Reiterated · Overweight | 700.00 → 735.00 | +5.0% | 673.25 |
| 12 Feb 2026 | Truist Financial Keith Hughes | — | 710.00 | — | 662.94 |
| 12 Feb 2026 | D.A. Davidson | — | 690.00 → 680.00 | -1.4% | 655.85 |
| 29 Jan 2026 | Wells Fargo | Reiterated · Equal Weight | 620.00 → 631.00 | +1.8% | 650.23 |
| 28 Jan 2026 | Loop Capital Markets | Downgraded · Buy → Hold | 690.00 | — | 649.25 |
| 14 Jan 2026 | DA Davidson | Downgraded · Buy → Neutral | — | — | — |
| 22 Dec 2025 | Morgan Stanley | Reiterated · Overweight | 660.00 → 690.00 | +4.5% | 633.37 |
| 15 Dec 2025 | Jefferies Philip Ng | Reiterated · Buy | 730.00 | — | 628.45 |
| 1 Dec 2025 | Morgan Stanley | Reiterated · Overweight | 660.00 | — | 622.55 |
Martin Marietta Materials EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Martin Marietta Materials's EPS to grow 6.1% a year until 2028, slower than over the last 5 years (10.3% a year) and the last 3 years (10.7%).
Analysts expect Martin Marietta Materials's revenue to grow 17.7% a year until 2028. Over the last 5 years it grew 5.4% a year, and over the last 3 years it fell 0.1%.
Revenue
EPS
Does Martin Marietta Materials beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 8.1% off the result, either way, and their revenue estimate 4.0%, over the last 12 quarters.
- EPS beats
- 68 / 130
- Revenue beats
- 68 / 120
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- -1.3%
- Since
- July 1994
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 4 Nov 2026 | 5.99 | 5.47 | -8.7% | 2.24B | 2.37B | +5.6% |
| Q2 FY2026 | 30 Jul 2026 | 4.76 | 5.00 | +5.0% | 1.87B | 1.95B | +4.1% |
| Q1 FY2026 | 30 Apr 2026 | 1.78 | 1.93 | +8.4% | 1.31B | 1.36B | +3.7% |
| Q4 FY2025 | 11 Feb 2026 | 4.78 | 3.85 | -19.5% | 1.65B | 1.53B | -7.0% |
| Q3 FY2025 | 4 Nov 2025 | 6.72 | 5.97 | -11.2% | 2.07B | 1.85B | -10.7% |
| Q2 FY2025 | 7 Aug 2025 | 5.31 | 5.43 | +2.3% | 1.87B | 1.81B | -3.3% |
| Q1 FY2025 | 30 Apr 2025 | 1.88 | 1.90 | +1.1% | 1.36B | 1.35B | -0.3% |
| Q4 FY2024 | 12 Feb 2025 | 4.62 | 4.79 | +3.7% | 1.65B | 1.63B | -1.0% |
| Q3 FY2024 | 30 Oct 2024 | 6.28 | 5.91 | -5.9% | 1.93B | 1.89B | -2.1% |
| Q2 FY2024 | 8 Aug 2024 | 5.36 | 4.76 | -11.2% | 1.83B | 1.76B | -3.9% |
| Q1 FY2024 | 30 Apr 2024 | 1.86 | 1.93 | +3.8% | 1.31B | 1.25B | -4.6% |
| Q4 FY2023 | 14 Feb 2024 | 3.99 | 4.63 | +16.0% | 1.63B | 1.61B | -1.4% |
Martin Marietta Materials stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Martin Marietta Materials's earnings keep growing at the 9.4% a year analysts expect to FY2028, it would earn about 26.91 a share in FY2030. At the P/E it has traded at over the last five years (13.6 to 39.1) that is 365.55 to 1,052.84 a share, or 683.34 at its average P/E of 25.4. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 15.89 | 215.82 | 403.43 | 621.58 |
| FY2027 | 18.38 | 249.63 | 466.63 | 718.96 |
| FY2028 | 22.47 | 305.27 | 570.65 | 879.21 |
| FY2029 (extrapolated) | 24.59 | 334.05 | 624.46 | 962.12 |
| FY2030 (extrapolated) | 26.91 | 365.55 | 683.34 | 1,052.84 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 9.4% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (13.6, 25.4, 39.1).
Is Martin Marietta Materials stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Martin Marietta Materials's P/E of 13.6 is near the bottom of its 5-year range (11.6 to 37.8, median 27.5). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay about the usual price for each point of growth: a PEG of 2.2 on expected growth against 2.7 on its median P/E and past five years' growth. Fair value is not a reliable guide for Martin Marietta Materials: its earnings swing (EPS fell 42.0% in FY2025), so its usual P/E would mislead. Its forward P/E, on the consensus for FY2026, is 32.4.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 13.58
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 27.46
- Five-year P/E range
- 11.6 – 37.8
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 32.36
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.44
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +20.1%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 235.690 | 464.49205Price 235.69627 | +97.1% | |
| 28.860 | 56.2634Price 28.8696 | +94.9% | |
| 199.110 | 384.58163Price 199.112,644 | +93.1% | |
| 123.990 | 237.24178Price 123.99297 | +91.3% | |
| 157.820 | 297.58169Price 157.82471 | +88.6% | |
| 162.670 | 305.52160Price 162.67396 | +87.8% | |
| 216.610 | 405.38304Price 216.61507 | +87.1% |
Furthest below the fair value on each stock's page, updated every day.