Materion (MTRN) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.90
- Estimate
- $1.52
- Surprise
- +25.2%
- Score at report (before → after)
- 5.3 → 6.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Materion (MTRN) beat the $1.52 estimate with adjusted EPS of $1.90 — a large 25.2% upside surprise. TrendMatrix's engine moved from Sell (5.3/10) to Buy (Wait) at 6.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MTRN Hold at 5.6/10.
4 of the last 4 quarters beat the estimate; this quarter's +25.2% surprise compares with a +7.6% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.70)
What argues against it
- Concentration risk — Geographic: international operations (64.0%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1)
- Sector modifier (Basic Materials): -0.1
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $182.68
- Price target
- $264.26
- Stop
- $169.89
- Upside to target
- +44.7%
- Reward-to-risk
- 3.0:1
The stock trades at 38.4× trailing but 22.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 29 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
MTRN at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Other Industrial Metals & Mining
- Market cap
- $3.90B
- P/E (fwd)
- 22.2
- P/E (ttm)
- 38.4
- 52-week range
- $110.69–$324.99
- Off 52-week high
- 43.8%
- RSI (14)
- 29
- Volume vs avg
- 0.63×
- Score today
- 5.6/10