Matson stock gained 2.49 percent before November results

Published on 10/05/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Matson stock posted Q2 2026 EPS of USD 4.27 against USD 3.79 consensus on August 3, 2026. Revenue reached USD 969.4 million, up 16.7 percent year over year.

MATX, US57686G1058, Illustration mit AI erstellt.

Matson (ISIN US57686G1058) gained 2.49 percent to USD 231.11 on the NYSE on October 2, 2026, leaving the stock 4.05 percent below its 52-week high of USD 240.87. The next quarterly report is scheduled for November 4, 2026, according to TradingView.

Q2 earnings reset the baseline

Matson's second-quarter 2026 results remain the central operating reference for the stock. According to MarketBeat on September 28, 2026, adjusted quarterly earnings per share reached USD 4.27, compared with USD 3.79 consensus and USD 2.92 in the same quarter of 2025.

Revenue rose 16.7 percent year over year to USD 969.4 million in Q2 2026, exceeding the USD 893.91 million analyst estimate, according to MarketBeat. The comparison matters because the revenue acceleration was accompanied by a 46.2 percent year-over-year increase in quarterly EPS.

Consensus target sits above the stock

MarketBeat reported on September 28, 2026, that five research firms held a consensus Buy rating, with four Buy ratings and one Strong Buy rating. The average 12-month price target was USD 232.33, and JPMorgan and Stephens had raised their individual targets to USD 270 and USD 260, respectively, according to MarketBeat.

The consensus average lies 0.5 percent above the October 2 price. That narrow gap contrasts with the wider individual targets and places the upcoming November report at the center of the next valuation debate.

Stock remains below the yearly high

Matson's October 2 closing price of USD 231.11 was 4.05 percent below the 52-week high of USD 240.87 and well above the 52-week low of USD 86.97. The company had a market capitalization of USD 7.0 billion and trading volume of 211,257 shares on that date.