Matthews International Corporation (MATW)

Matthews International Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Matthews International stock has a consensus rating of "Buy" and an average price target of $38. The average 1-year stock price forecast is 41.53% higher than the current stock price, while the lowest is $36 (+34.08%) and the highest is $40 (+48.98%).

Price Target: $38 (+41.53%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$36	$38	$38	$40
Change	+34.08%	+41.53%	+41.53%	+48.98%

Analyst Ratings

The average analyst rating for Matthews International stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Liam Burke B. Riley Securities	B. Riley Securities	Strong Buy Maintains $54 → $40	Strong Buy	Maintains	$54 → $40	+48.98%	Sep 26, 2024
Liam Burke B. Riley Securities	B. Riley Securities	Strong Buy Maintains $61 → $59	Strong Buy	Maintains	$61 → $59	+119.74%	Feb 5, 2024
Liam Burke B. Riley Securities	B. Riley Securities	Strong Buy Maintains $50 → $64	Strong Buy	Maintains	$50 → $64	+138.36%	Jul 31, 2023
Liam Burke B. Riley Securities	B. Riley Securities	Strong Buy Maintains $50 → $45	Strong Buy	Maintains	$50 → $45	+67.60%	Jul 20, 2022
Liam Burke B. Riley Securities	B. Riley Securities	Strong Buy Maintains $65 → $50	Strong Buy	Maintains	$65 → $50	+86.22%	Apr 29, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

1.11B

Decreased by -25.69%

from 1.50B

Revenue Next Year

1.10B

Decreased by -0.99%

from 1.11B

EPS This Year

0.82

from -0.79

EPS Next Year

1.25

Increased by 53.75%

from 0.82

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	1.67B	1.76B	1.88B	1.80B	1.50B	1.11B	1.10B
Revenue Growth	11.53%	5.47%	6.72%	-4.53%	-16.60%	-25.69%	-0.99%
EPS	0.09	-3.18	1.26	-1.93	-0.79	0.82	1.25
EPS Growth	-	-	-	-	-	-	53.75%
Forward PE	-	-	-	-	-	32.90	21.40
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	1.1B	1.1B
Avg	1.1B	1.1B
Low	1.1B	1.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-23.5%	2.2%
Avg	-25.7%	-1.0%
Low	-28.6%	-5.2%

EPS Forecast

EPS	2026	2027	2028
High	1.05	1.32
Avg	0.82	1.25
Low	0.59	1.18

EPS Growth

EPS Growth	2026	2027	2028
High	-	62.1%
Avg	-	53.7%
Low	-	44.1%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.