JPMorgan raises target for Matson stock to USD 310.00

Published on 10/20/2026 at 21:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 969.40 million, up 16.70 percent year over year. Matson stock costs EUR 211.00 on October 20, 2026 at Lang & Schwarz, with NYSE up 2.54 percent versus its prior close.

Analyst target and quarterly figures

JPMorgan raised its Matson target from USD 270.00 to USD 310.00 on October 13, 2026.
Second-quarter revenue reached USD 969.40 million, up 16.70 percent year over year.
Matson stock costs EUR 211.00 at Lang & Schwarz on October 20, 2026 at 9:30 p.m. CEST; the NYSE quote was USD 237.67, up 2.54 percent versus its prior close.

MATX, US57686G1058, Illustration mit AI erstellt.

JPMorgan raised its price target for Matson from USD 270.00 to USD 310.00 on October 13, 2026 and maintained an Overweight rating, according to Markets Insider. The revised target is the strongest recent analyst signal for Matson stock. The stock was at EUR 211.00 at Lang & Schwarz on October 20, 2026 at 9:30 p.m. CEST.

Target rises as earnings build

The JPMorgan target increased by USD 40.00, or 14.81 percent, from the previous USD 270.00 level. MarketBeat reported on October 13, 2026 that JPMorgan kept its Overweight rating while lifting the target, with the broader analyst average at USD 249.25.

The valuation call follows a strong second quarter. For the quarter ended June 30, 2026, Matson reported revenue of USD 969.40 million, up 16.70 percent from USD 830.50 million a year earlier, while net income rose 36.60 percent to USD 129.40 million, according to AlphaStreet. Diluted earnings per share increased 46.20 percent to USD 4.27 from USD 2.92.

Stock sits near its yearly high

Matson's NYSE quote was USD 237.67 on October 20, 2026 at 3:30 p.m. EDT, up 2.54 percent from the prior close of USD 231.78. The 52-week range was USD 92.64 to USD 240.87, placing the quote USD 3.20 below the high. Market capitalization stood at USD 7.1 billion.

The recent price position leaves less room between the stock and its yearly peak than between the JPMorgan target and the market quote. The USD 310.00 target is 30.44 percent above the NYSE price of USD 237.67, using the same currency.

Results remain the next date

Investor's Business Daily reported on October 19, 2026 that Wall Street expected Matson's third-quarter results in early November, with earnings per share forecast at USD 6.27 and revenue at USD 1.067 billion. Those estimates would represent increases of 48.00 percent and 21.00 percent from the year-earlier quarter.

What does the target imply?

The analyst move raises the bar for the next report because the target assumes continued earnings support after the second-quarter increase. Matson's business spans ocean transportation and logistics, with exposure to Hawaii, Alaska, Guam and trans-Pacific routes.

Matson price and analyst view

JPMorgan's USD 310.00 target and the USD 249.25 average cited by MarketBeat frame the valuation debate, while the second-quarter revenue increase supplies the latest reported operating comparison. The stock's NYSE quote remained below both analyst reference points on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of Matson stock.