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MTRX Stock Forecast 2026-2027
$12.24
Current Price
$342.89M
Market Cap
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to MTRX Price Targets
+96.1%
To High Target of $24.00
+63.4%
To Median Target of $20.00
+30.7%
To Low Target of $16.00
MTRX Price Momentum
+0.7%
1 Week Change
+20.9%
1 Month Change
+18.0%
1 Year Change
+4.6%
Year-to-Date Change
-24.0%
From 52W High of $16.11
+23.9%
From 52W Low of $9.88
📊 TOP ANALYST CALLS
Did MTRX Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Matrix Service is one of their latest high-conviction picks.
Latest MTRX Stock Price Targets & Analyst Predictions
Based on our analysis of 3 Wall Street analysts, MTRX has a bullish consensus with a median price target of $20.00 (ranging from $16.00 to $24.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $12.24, the median forecast implies a 63.4% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MTRX Analyst Ratings
1
Buy
0
Hold
0
Sell
MTRX Price Target Range
Low
$16.00
Average
$20.00
High
$24.00
Current: $12.24
Latest MTRX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MTRX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Feb 6, 2026 | DA Davidson | Brent Thielman | Buy | Maintains | $17.00 |
| Nov 11, 2025 | DA Davidson | Brent Thielman | Buy | Maintains | $17.00 |
| Sep 11, 2025 | DA Davidson | Brent Thielman | Buy | Maintains | $17.00 |
| Feb 11, 2025 | DA Davidson | Brent Thielman | Buy | Maintains | $20.00 |
| Sep 26, 2024 | DA Davidson | Brent Thielman | Buy | Maintains | $18.00 |
| Sep 11, 2024 | DA Davidson | Buy | Maintains | $N/A | |
| Sep 10, 2024 | DA Davidson | Brent Thielman | Buy | Maintains | $18.00 |
| Sep 13, 2023 | DA Davidson | Brent Thielman | Buy | Maintains | $15.00 |
| May 10, 2023 | DA Davidson | Buy | Maintains | $N/A | |
| Feb 19, 2020 | Sidoti & Co. | John Franzreb | Buy | Upgrade | $20.00 |
| Feb 6, 2020 | Sidoti & Co. | John Franzreb | Neutral | Downgrade | $20.00 |
| Aug 7, 2019 | DA Davidson | Buy | Upgrade | $N/A | |
| Nov 18, 2016 | Avondale Partners | Market Perform | Downgrade | $N/A | |
| Jun 6, 2016 | Barclays | Overweight | Maintains | $27.00 | |
| Feb 11, 2016 | Keybanc | Sector Weight | Downgrade | $N/A | |
| Feb 11, 2016 | KeyBanc | Sector Weight | Downgrade | $N/A | |
| Jan 13, 2016 | Citigroup | Buy | Upgrade | $N/A | |
| Sep 17, 2015 | DA Davidson | Buy | Initiates | $N/A | |
| Sep 2, 2015 | Stifel Nicolaus | Buy | Maintains | $N/A | |
| Sep 2, 2015 | Stifel | Buy | Maintains | $25.00 |
Matrix Service Company (MTRX) Competitors
The following stocks are similar to Matrix Service based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Matrix Service Company (MTRX) Financial Data
Matrix Service Company has a market capitalization of $342.89M with a P/E ratio of -11.6x. The company generates $838.93M in trailing twelve-month revenue with a -2.3% profit margin.
Revenue growth is +12.5% quarter-over-quarter, while maintaining an operating margin of -0.9% and return on equity of -13.3%.
Valuation Metrics
Market Cap
$342.89M
Enterprise Value
$163.31M
P/E Ratio
-11.6x
PEG Ratio
0.1x
Price/Sales
0.4x
Growth & Margins
Revenue Growth (YoY)
+12.5%
Gross Margin
+6.2%
Operating Margin
-0.9%
Net Margin
-2.3%
EPS Growth
+12.5%
Financial Health
Cash/Price Ratio
+57.8%
Current Ratio
0.9x
Debt/Equity
14.1x
ROE
-13.3%
ROA
-2.0%
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Matrix Service Company (MTRX) Business Model
About Matrix Service Company
What They Do
Provides engineering and construction services for energy sectors.
Business Model
Matrix Service Company operates primarily in the engineering, procurement, fabrication, and construction (EPFC) sectors, serving the energy and industrial markets in North America. The company generates revenue through a diverse range of services, including the design and construction of infrastructure projects, maintenance, and repair services, particularly in oil and gas, power generation, and renewable energy.
Additional Information
Headquartered in Tulsa, Oklahoma, Matrix Service is recognized for its commitment to safety, quality, and operational excellence. The company plays a significant role in economic growth by supporting large-scale projects essential for energy production and distribution, while also aiding businesses in modernizing and enhancing the reliability of their facilities.
Company Information
Sector
Industrials
Industry
Engineering & Construction
Employees
2,239
CEO
Mr. John R. Hewitt
Country
United States
IPO Year
1992
Website
matrixservicecompany.comMatrix Service Company (MTRX) Latest News & Analysis
Latest News
Quick Summary
Matrix Service Company (MTRX) held its Q2 2026 earnings call, discussing financial performance and operational updates. Further details can be found in the transcript.
Why It Matters
MTRX's Q2 2026 earnings call reveals financial performance, guidance, and market strategy, impacting stock valuation and investor sentiment.
Source: Seeking Alpha
Market Sentiment:
Neutral
Matrix Service Company Announces CEO Transition
2 months ago
Quick Summary
Matrix Service Company (Nasdaq: MTRX) appointed Shawn P. Payne as COO, effective immediately. He will become CEO after John R. Hewitt steps down on June 30, 2026.
Why It Matters
Leadership changes can impact company strategy and performance. Investors may assess how Shawn P. Payne's vision will influence Matrix Service's direction and market competitiveness.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Matrix Service Company Reports Fiscal Year 2026 Second Quarter Results; Reaffirms Fiscal 2026 Revenue Guidance
2 months ago
Quick Summary
Matrix Service Company (Nasdaq: MTRX) announced its Q2 fiscal 2026 results, ending December 31, 2025. Further financial details were not provided in the excerpt.
Why It Matters
Matrix Service Company's quarterly results provide insights into its financial health and performance, impacting stock valuation and investor sentiment in the energy and industrial sectors.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Matrix Service (MTRX) reported a quarterly loss of $0.02 per share, better than the expected loss of $0.04, compared to a loss of $0.20 per share a year earlier.
Why It Matters
Matrix Service's smaller-than-expected loss indicates potential operational improvement, which may boost investor confidence and affect stock performance positively.
Source: Zacks Investment Research
Market Sentiment:
Negative
Matrix Service Company Sets Dates for Release of Second Quarter Fiscal 2026 Financial Results and Conference Call
2 months ago
Quick Summary
Matrix Service Company (Nasdaq: MTRX) will release its Fiscal Q2 2026 results on February 4, 2026, after market hours.
Why It Matters
Matrix Service Company's upcoming Q2 Fiscal 2026 earnings release may impact stock performance, offering insights into financial health and market positioning in the energy sector.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Matrix Service Company (MTRX) will hold its Q1 2026 earnings call on November 6, 2025, at 10:30 AM EST, featuring key executives and financial analysts.
Why It Matters
The earnings call provides insights into Matrix Service Company's financial performance, which can influence stock valuation and investor sentiment. Key leadership comments may indicate future growth or risks.
Source: Seeking Alpha
Market Sentiment:
Neutral
Frequently Asked Questions About MTRX Stock
What is Matrix Service Company's (MTRX) stock forecast for 2026?
Based on our analysis of 3 Wall Street analysts, Matrix Service Company (MTRX) has a median price target of $20.00. The highest price target is $24.00 and the lowest is $16.00.
Is MTRX stock a good investment in 2026?
According to current analyst ratings, MTRX has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $12.24. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for MTRX stock?
Wall Street analysts predict MTRX stock could reach $20.00 in the next 12 months. This represents a 63.4% increase from the current price of $12.24. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Matrix Service Company's business model?
Matrix Service Company operates primarily in the engineering, procurement, fabrication, and construction (EPFC) sectors, serving the energy and industrial markets in North America. The company generates revenue through a diverse range of services, including the design and construction of infrastructure projects, maintenance, and repair services, particularly in oil and gas, power generation, and renewable energy.
What is the highest forecasted price for MTRX Matrix Service Company?
Price targets from Wall Street analysts for MTRX are not currently available. The stock is trading at $12.24.
What is the lowest forecasted price for MTRX Matrix Service Company?
The lowest price target for MTRX is $16.00 from at , which represents a 30.7% increase from the current price of $12.24.
What is the overall MTRX consensus from analysts for Matrix Service Company?
The overall analyst consensus for MTRX is bullish. Out of 3 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $20.00.
How accurate are MTRX stock price projections?
Stock price projections, including those for Matrix Service Company, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 21, 2026 3:22 AM UTC