JPMorgan lowers target for Martin Marietta stock to USD 650

Published on 10/15/2026 at 20:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 1.95 billion, up 21.00 percent year over year. Martin Marietta stock costs EUR 438.50 on October 15, 2026.

Analyst target and quarterly calendar

JPMorgan lowered its Martin Marietta target from USD 680.00 to USD 650.00 on October 13, 2026.
Martin Marietta reported USD 1.95 billion in second-quarter revenue, up 21.00 percent year over year.
Martin Marietta stock costs EUR 438.50 at Lang & Schwarz on October 15, 2026 at 8:43 p.m. CEST.
Martin Marietta is scheduled to report third-quarter results on November 3, 2026.

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JPMorgan lowered its Martin Marietta target from USD 680.00 to USD 650.00 on October 13, 2026, while keeping an Overweight rating, according to Markets Insider. The revised target stood 31.99 percent above the USD 492.47 NYSE quote at 2:51 p.m. ET on October 15, 2026. Martin Marietta stock was trading at EUR 438.50 at Lang & Schwarz on October 15, 2026 at 8:43 p.m. CEST.

Revenue reached USD 1.95 billion

The latest reported quarter gave investors a stronger operating reference point. MarketBeat reported second-quarter revenue of USD 1.95 billion, up 21.00 percent from the same quarter a year earlier, with earnings per share of USD 5.00 against a USD 4.76 consensus estimate. The revenue result and the target revision point in different directions: operating growth was solid, while analysts continued to lower valuation assumptions.

Price position and trading range

The primary-market quote was USD 492.47 on the NYSE at 2:51 p.m. ET on October 15, 2026. The 52-week range was USD 464.92 to USD 710.97 on October 14, 2026, placing the quote 30.73 percent below the high and 5.92 percent above the low. Martin Marietta's market capitalization was USD 29.6 billion on October 15, 2026.

Valuation and reporting date

The next scheduled reporting date is November 3, 2026, before the market opens, with a conference call at 10:00 a.m. ET, according to MarketBeat. Its published third-quarter estimates are USD 6.37 in earnings per share and USD 2.21 billion in revenue. Those estimates compare with USD 5.97 and USD 1.85 billion in the year-earlier quarter.

Comparison with peers

Martin Marietta (NYSE, USD): plus 4.54 percent, market capitalization USD 29.6 billion
Vulcan Materials (NYSE, USD): plus 3.98 percent, market capitalization USD 32.6 billion
Eagle Materials (NYSE, USD): plus 4.56 percent, market capitalization USD 5.2 billion

What the figures leave investors

The analyst target remains above the current primary-market quote, but the latest revision reduced the target by USD 30.00. The upcoming November report will test whether the 21.00 percent revenue growth from the second quarter can carry into the next period.