Martin Marietta Materials, Inc. (MLM)

Martin Marietta Materials Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Martin Marietta Materials stock have an average target of 601.58, with a low estimate of 491 and a high estimate of 650. The average target predicts an increase of 10.95% from the current stock price of 542.19.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$491	$601.58	$610	$650
Change	-9.44%	+10.95%	+12.51%	+19.88%

Analyst Ratings

The average analyst rating for Martin Marietta Materials stock from 12 stock analysts 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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	8	8	8	8	6	6
Buy	5	5	5	4	4	4
Hold	2	2	2	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	15	13	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Brophy Stifel	Stifel	Strong Buy Maintains $559 → $609	Strong Buy	Maintains	$559 → $609	+12.32%	May 1, 2025
Patrick Tyler Brown Raymond James	Raymond James	Buy Maintains $600 → $597	Buy	Maintains	$600 → $597	+10.11%	Apr 29, 2025
Steven Fisher UBS	UBS	Strong Buy → Hold Downgrades $491	Strong Buy → Hold	Downgrades	$491	-9.44%	Apr 7, 2025
Garik Shmois Loop Capital	Loop Capital	Strong Buy Maintains $645 → $615	Strong Buy	Maintains	$645 → $615	+13.43%	Apr 1, 2025
Adrian Heurta JP Morgan	JP Morgan	Buy → Hold Downgrades $640 → $560	Buy → Hold	Downgrades	$640 → $560	+3.28%	Mar 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

7.10B

Increased by 8.68%

from 6.54B

Revenue Next Year

7.64B

Increased by 7.59%

from 7.10B

EPS This Year

18.80

Decreased by -42.01%

from 32.41

EPS Next Year

21.93

Increased by 16.68%

from 18.80

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	7.10B	7.64B	8.16B
Revenue Growth	0.22%	22.15%	13.80%	10.00%	-3.56%	8.68%	7.59%	6.75%
EPS	11.54	11.22	13.88	18.84	32.41	18.80	21.93	24.94
EPS Growth	18.48%	-2.79%	23.69%	35.75%	72.06%	-42.01%	16.68%	13.70%
Forward PE	-	-	-	-	-	28.85	24.72	21.74
No. Analysts	-	-	-	-	-	28	26	10

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	7.7B	8.4B	8.8B
Avg	7.1B	7.6B	8.2B
Low	6.5B	6.8B	7.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	17.6%	18.9%	15.5%
Avg	8.7%	7.6%	6.8%
Low	-0.8%	-4.9%	-2.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	20.95	25.75	27.95
Avg	18.80	21.93	24.94
Low	16.86	18.52	19.91

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-35.4%	37.0%	27.4%
Avg	-42.0%	16.7%	13.7%
Low	-48.0%	-1.5%	-9.2%

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.