
MLM Stock Forecast & Price Target
MLM Analyst Ratings
Bulls say
Martin Marietta Materials has demonstrated strong financial performance, with a 17% year-over-year increase in aggregates revenues, significantly outpacing consensus expectations. Volume growth of 8% and pricing increases of 8% have been driven by favorable weather conditions and solid demand across its key markets, which include Texas, North Carolina, Colorado, California, and Georgia. Furthermore, the company has raised its 2025 guidance for aggregates revenue and adjusted EBITDA, highlighting a positive trajectory with expectations for continued volume and pricing growth, supported by an aggregate-led model that capitalizes on robust public infrastructure investment.
Bears say
The financial analysis of Martin Marietta Materials indicates concerns regarding the company's pricing strategies, specifically its intent to implement a "value over volume" approach, which suggests potential pressure on aggregate pricing in comparison to competitors. Additionally, the reliance on key markets, including Texas, North Carolina, and others, raises risk factors due to potential regional economic fluctuations affecting demand and sales. Finally, the projected average selling price (ASP) for aggregates in 2025, previously anticipated to be over $16 per ton, raise doubts about the company's ability to maintain profitability in a competitive market.
This aggregate rating is based on analysts' research of Martin Marietta Materials and is not a guaranteed prediction by Public.com or investment advice.
MLM Analyst Forecast & Price Prediction
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