MTDR, US5764852050

Morgan Stanley lifts target for Matador Resources stock to USD 69.00

Published on 10/17/2026 at 22:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Matador reports on November 3, 2026. Matador Resources stock closed at EUR 47.51 on October 16, 2026, down 0.90 percent versus Tradegate.

Analyst target and valuation

Morgan Stanley raised its Matador target to USD 69.00 on October 15, 2026.
Matador Resources will report third-quarter results on November 3, 2026.
Matador Resources stock closed at EUR 47.51 on October 16, 2026, down 0.90 percent versus the prior Tradegate close.
Matador Resources had a price-to-earnings ratio of 9.87 as of October 16, 2026.

MTDR, US5764852050, Illustration mit AI erstellt.

Morgan Stanley raised its Matador Resources target from USD 66.00 to USD 69.00 on October 15, 2026, a 19.99 percent premium to the USD 57.52 primary-market price last quoted on October 16, 2026, according to Markets Insider. Matador Resources stock had a closing price of EUR 47.51 on Tradegate on October 16, 2026, down 0.90 percent versus the prior Tradegate close.

Results date sets the next marker

Matador Resources is scheduled to report third-quarter 2026 results on November 3, 2026. Its conference call is listed for November 4, 2026, at 11:00 a.m. Eastern Time, according to Matador Resources. The dates give the target revision a near-term event window, while the results will provide the next direct test of production and earnings expectations.

Second-quarter earnings provide scale

For the second quarter of 2026, Matador reported adjusted earnings per share of USD 2.61 and revenue of USD 1.17 billion. Revenue increased 32.50 percent from USD 885.00 million in the second quarter of 2025, while adjusted earnings per share rose from USD 1.53, according to MarketBeat. The comparison matters because the latest analyst target was raised before the company reports its next quarter.

Valuation remains tied to earnings

Matador's market capitalization stood at USD 7.1 billion, with a price-to-earnings ratio of 9.87 and a dividend yield of 3.00 percent as of October 16, 2026. The 52-week range was USD 37.14 to USD 66.84, placing the USD 57.52 primary-market quote 13.92 percent below the high. Trading volume reached 1,939,641 shares against an average of 1,892,442.

Market context

Matador Resources Company operates in oil and gas exploration and production, with midstream assets supporting its Delaware Basin operations. Its primary listing is the NYSE, and its ticker is MTDR.

Closing price sets the reference

The October 16, 2026 Tradegate close of EUR 47.51 was 0.90 percent below the prior Tradegate close. The USD 69.00 Morgan Stanley target stood 19.99 percent above the USD 57.52 primary-market quote used for the comparison.