Three analyst targets cluster at USD 16.00 to USD 17.00 for Matrix Service stock

Published on 10/20/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue reached USD 873.63 million after rising 14 percent year over year. MTRX stock costs EUR 8.98 on October 20, 2026.

Analyst targets and results

Three analyst targets clustered between USD 16.00 and USD 17.00 on October 4, 2026.
Fiscal 2026 revenue reached USD 873.63 million after rising 14 percent year over year.
Matrix Service stock costs EUR 8.98 at Lang & Schwarz on October 20, 2026 at 7:21 p.m. CEST.
First-quarter fiscal 2027 results are scheduled for November 4, 2026.

MTRX, US5768531056, Illustration mit AI erstellt.

Matrix Service Company (ISIN US5768531056) has a central analyst target of USD 16.50, with three tracked targets clustered between USD 16.00 and USD 17.00. Tickeron reported the range on October 4, 2026, including Northland Securities' reduction of its target to USD 16.00 from USD 24.00 on September 4, 2026. The target range puts the central figure 64.02 percent above the Nasdaq quote of USD 10.06 on October 20, 2026. Matrix Service stock was trading at EUR 8.98 at Lang & Schwarz on October 20, 2026 at 7:21 p.m. CEST.

Revenue growth meets a loss

Fiscal 2026 revenue reached USD 873.63 million, up 13.56 percent from USD 769.29 million in fiscal 2025. Net loss narrowed to USD 2.58 million from USD 29.46 million, while diluted earnings per share improved to minus USD 0.09 from minus USD 1.06. The figures are for the fiscal years ended June 30, 2026 and June 30, 2025.

The fourth-quarter fiscal 2026 call added operating detail. According to Yahoo Finance on September 3, 2026, quarterly revenue rose 13 percent to USD 244.5 million from USD 216.4 million, while adjusted earnings per share improved to USD 0.16 from a loss of USD 0.28.

Stock position and valuation

On Nasdaq, Matrix Service was last at USD 10.06 on October 20, 2026 at 1:29 p.m. EDT. Its 52-week range was USD 9.38 to USD 15.97, and its market capitalization was USD 284.6 million. Trading volume stood at 230,575 shares, compared with an average volume of 371,331 shares.

The share price was 7.25 percent above its 52-week low and 36.99 percent below its 52-week high. The central USD 16.50 target therefore requires a move of 64.02 percent from the Nasdaq price. The valuation case depends on the company converting project work into profitable revenue, rather than revenue growth alone.

November results set the next date

Matrix Service is scheduled to release first-quarter fiscal 2027 results after the market close on November 4, 2026, with a conference call on November 5, 2026. ScanX reported both dates on October 20, 2026. The release will test whether the fiscal 2026 improvement in revenue and adjusted earnings can continue into the new fiscal year.

What the target requires

The analyst range is narrow, but the distance from USD 10.06 to USD 16.50 remains large. Matrix Service operates in engineering and construction for energy and industrial infrastructure, including storage, terminals and power projects. The upcoming report will provide the next quantified check on margins, earnings and project execution.

Trading level

Matrix Service stock was trading at EUR 8.98 at Lang & Schwarz on October 20, 2026 at 7:21 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Matrix Service stock.