Martin Marietta Materials, Inc. (MLM)

Martin Marietta Materials Stock Forecast

Stock Price Forecast

The 12 analysts that cover Martin Marietta Materials stock have a consensus rating of "Strong Buy" and an average price target of $602.5, which forecasts a 4.26% increase in the stock price over the next year. The lowest target is $515 and the highest is $650.

Price Target: $602.50 (+4.26%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$515	$602.5	$609	$650
Change	-10.88%	+4.26%	+5.39%	+12.48%

Analyst Ratings

The average analyst rating for Martin Marietta Materials stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	8	8	6	7	7	6
Buy	5	4	4	4	4	4
Hold	2	1	2	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	13	12	12	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Angel Castillo Morgan Stanley	Morgan Stanley	Buy Maintains $576 → $605	Buy	Maintains	$576 → $605	+4.70%	Jul 28, 2025
Anthony Codling RBC Capital	RBC Capital	Hold Initiates $515	Hold	Initiates	$515	-10.88%	Jun 16, 2025
Steven Fisher UBS	UBS	Hold → Strong Buy Upgrades $548 → $634	Hold → Strong Buy	Upgrades	$548 → $634	+9.72%	May 16, 2025
Angel Castillo Morgan Stanley	Morgan Stanley	Buy Maintains $561 → $576	Buy	Maintains	$561 → $576	-0.32%	May 6, 2025
Brian Brophy Stifel	Stifel	Strong Buy Maintains $559 → $609	Strong Buy	Maintains	$559 → $609	+5.39%	May 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

7.12B

Increased by 8.98%

from 6.54B

Revenue Next Year

7.66B

Increased by 7.55%

from 7.12B

EPS This Year

18.95

Decreased by -41.52%

from 32.41

EPS Next Year

22.16

Increased by 16.90%

from 18.95

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	4.43B	5.41B	6.16B	6.78B	6.54B	7.12B	7.66B	8.18B
Revenue Growth	0.22%	22.15%	13.80%	10.00%	-3.56%	8.98%	7.55%	6.75%
EPS	11.54	11.22	13.88	18.84	32.41	18.95	22.16	25.51
EPS Growth	18.48%	-2.79%	23.69%	35.75%	72.06%	-41.52%	16.90%	15.11%
Forward PE	-	-	-	-	-	30.49	26.08	22.66
No. Analysts	-	-	-	-	-	29	28	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	7.6B	8.6B	8.8B
Avg	7.1B	7.7B	8.2B
Low	6.7B	7.2B	7.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	15.5%	20.4%	15.1%
Avg	9.0%	7.6%	6.7%
Low	3.1%	0.4%	-0.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	21.22	26.25	27.95
Avg	18.95	22.16	25.51
Low	17.46	19.93	23.06

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-34.5%	38.5%	26.1%
Avg	-41.5%	16.9%	15.1%
Low	-46.1%	5.2%	4.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.