Argus raises target for Materion stock to USD 354.00
Published on 10/17/2026 at 22:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSArgus updates its stock target
- Argus raised its Materion target to USD 354.00 on October 7, 2026.
- Materion reports its next results on November 4, 2026.
- Materion stock was last at USD 245.44 on October 16, 2026 at 4:00 p.m. ET, down 2.66 percent versus the prior close.
- Materion had a USD 5.1 billion market capitalization on October 16, 2026.
Argus raised its Materion target to USD 354.00 on October 7, 2026, 44.23 percent above the NYSE price of USD 245.44. The target update keeps analyst valuation in view while the next reporting date approaches.
Materion was last at USD 245.44 on the NYSE on October 16, 2026 at 4:00 p.m. ET, down 2.66 percent from the prior close. The exchange was closed on October 17, 2026.
Second-quarter sales set the base
Materion reported second-quarter 2026 revenue of USD 613.91 million and net income of USD 38.76 million. The figures are consistent with the companys advanced materials portfolio, which serves semiconductor, aerospace, defense, energy and medical applications, according to Yahoo Finance.
Price remains below the yearly high
The NYSE price stood within a USD 109.61 to USD 324.99 52-week range on October 16, 2026. At USD 245.44, the stock was 24.48 percent below that high. Trading volume was 227,453 shares, compared with an average volume of 311,681 shares.
Valuation and reporting date
Materion had a market capitalization of USD 5.1 billion and a price-to-earnings ratio of 57.21 on October 16, 2026. The annualized dividend was USD 0.58 per share, with a 0.24 percent yield. Investing.com lists November 4, 2026 as the next earnings date and gives the average analyst target as USD 303.75.
Comparison with peers
Materion (NYSE, USD): minus 2.66 percent, P/E 57.21, market capitalization USD 5.1 billion
Century Aluminum (NASDAQ, USD): plus 0.83 percent, P/E 6.06, market capitalization USD 3.5 billion
Constellium (NYSE, USD): unchanged, P/E 6.55, market capitalization USD 3.5 billion
Analyst target and price position
Argus target of USD 354.00 lies 44.23 percent above the last NYSE price of USD 245.44. The gap is wider than the 23.76 percent upside implied by the USD 303.75 consensus target listed by Investing.com. That difference makes the November reporting date important for the next valuation update.
The last available home-exchange price was USD 245.44 on October 16, 2026 at 4:00 p.m. ET, down 2.66 percent versus the prior close.
Materion market details
- Company: Materion Corporation
- ISIN: US5766901012
- Ticker: MTRN
- Primary exchange: NYSE
- Price NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 245.44
- Daily change: minus 2.66 percent versus the prior close (as of October 16, 2026)
- Market capitalization: USD 5.1 billion (as of October 16, 2026)
- 52-week range: USD 109.61-324.99 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Industrial Materials
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
