Martin Marietta stock gains on JPMorgan upgrade

Published on 09/03/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Martin Marietta stock rose after JPMorgan lifted its view to Overweight and kept a USD 680 target. The shares traded near USD 504.92 on September 2, 2026.

Isometrische 3D-Grafik der Baustoff-Wertschöpfungskette von Abbau bis Lieferung — Martin Marietta Materials (US5732841060) veranschaulicht die gesamte Wertschöpfungskette anschaulich in einer isometrischen 3D-Grafik, Illustration mit AI erstellt.

Martin Marietta stock (ISIN US5732841060) gained fresh analyst support on September 2, 2026, after JPMorgan upgraded the shares to Overweight and kept a USD 680 price target. The stock last traded at USD 504.92 on September 2, 2026, with a market capitalization of about USD 30.33 billion.

Quarterly numbers still matter

MarketBeat said the company posted USD 1.95 billion in revenue for the quarter ended July 30, 2026, up 21.0 percent from a year earlier, while EPS came in at USD 5.00 versus USD 4.76 expected. The same report put net margin at 36.73 percent and return on equity at 9.49 percent.

That combination explains why the stock still draws attention even after the stronger quarter was already digested by the market. The price target of USD 680 remains well above the recent close of USD 504.92.

Analysts keep watching valuation

According to the same MarketBeat summary dated September 2, 2026, the average analyst target stood at USD 665.88, while the stock opened at USD 504.85 on Wednesday. GuruFocus also cited a GF Value estimate of USD 671.39 against a market price of USD 518.57, a gap of 22.8 percent.

Go deeper

Martin Marietta Materials in detail

Recent trading and the latest quarter show why the building materials group stays on investors radar.

Martin Marietta Materials coverage Investor Relations

Building materials remain the core

Martin Marietta Materials, Inc. sells aggregates, cement, ready-mixed concrete, asphalt and related products, so the quarter's revenue and margin profile matter more than a single session move. The latest numbers point to a business still producing high profitability even as the share price sits far below the latest analyst target.

Stock and trading data

Martin Marietta stock traded at USD 504.92 on September 2, 2026, after a session low close of USD 504.92 and a 52-week range of USD 502.56 to USD 710.97. The market cap was USD 30.33 billion, and the shares remained below the JPMorgan target of USD 680.