Argus raises Materion stock target to USD 354.00
Published on 10/15/2026 at 19:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and market position
- Argus raised its Materion target to USD 354.00 on October 7, 2026.
- Materion reported USD 613.90 million in revenue against USD 525.12 million consensus for the second quarter of 2026.
- Materion stock costs EUR 221.40 at Lang & Schwarz on October 15, 2026 at 7:00 p.m. CEST.
- Materion trades at a P/E of 57.76 with a USD 5.2 billion market capitalization.
Argus raised its Materion target to USD 354.00 on October 7, 2026, according to Yahoo Finance Canada. The target stands 42.84 percent above Materion's USD 247.82 NYSE price at 1:02 p.m. EDT on October 15, 2026. At Lang & Schwarz, the stock was at EUR 221.40 on October 15, 2026 at 7:00 p.m. CEST.
Revenue sets the next reference point
Materion's second-quarter revenue reached USD 613.90 million, compared with USD 525.12 million consensus, according to Business Quant. The same source lists consensus revenue of USD 584.30 million for the third quarter of 2026, while consensus earnings per share stand at USD 1.96. These figures give investors a measurable backdrop for the target revision.
Stock remains below its yearly high
Materion traded between USD 237.53 and USD 253.38 on October 15, 2026, with 104,116 shares changing hands against an average volume of 311,698 shares. Its 52-week range was USD 109.61 to USD 324.99, placing the NYSE price 23.75 percent below the high. The stock's market capitalization was USD 5.2 billion, while its price-to-earnings ratio was 57.76.
Comparison with peers
MTRN (NYSE, USD): P/E 57.76, market capitalization USD 5.2 billion
ATI Inc. (NYSE, USD): minus 0.55 percent, P/E 54.78, market capitalization USD 25.4 billion
Carpenter Technology Corporation (NYSE, USD): minus 1.51 percent, P/E 35.58, market capitalization USD 18.5 billion
Valuation and company profile
Materion is publicly traded on the NYSE under ticker MTRN, according to Materion. The company develops advanced materials for semiconductor, aerospace, medical, telecommunications and automotive applications. Its fiscal 2026 earnings guidance stands at USD 6.80 to USD 7.20, according to MarketBeat.
NYSE price and investor frame
On the NYSE, Materion stood at USD 247.82 on October 15, 2026 at 1:02 p.m. EDT, while the Lang & Schwarz quote was EUR 221.40 at 7:00 p.m. CEST. The two figures belong to separate venues and currencies. The further course of trading is shown by the continuously updated real-time quote of Materion stock.
Materion stock at a glance
- Company: Materion Corporation
- ISIN: US5766901012
- Ticker: MTRN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 7:00 p.m. CEST): EUR 221.40
- Market capitalization: USD 5.2 billion (as of October 15, 2026)
- 52-week range: USD 109.61-324.99 (as of October 15, 2026)
- Sector / Industry: Materials / advanced materials
Market context: Market report S&P 500.
