Materion Shares Drop 11.3% to $131.99
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
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Should l Buy MTRN?
Materion is down -11.3%, or -$16.79 to $131.99.
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Analyst Views on MTRN
About MTRN
Materion Corporation provides advanced materials solutions for various industries, including semiconductor, industrial, aerospace and defense, energy and automotive. The Company’s segments include Performance Materials, Electronic Materials, Precision Optics, and Other. Performance Materials segment provides advanced engineered solutions comprised of beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes produced at manufacturing facilities located throughout the United States and Europe. Electronic Materials segment produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal preforms and high temperature braze materials. Precision Optics segment produces precision thin film coatings, optical filter materials and precision-converted thin film materials.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Meeting Announcement: Materion Corporation will hold its annual shareholder meeting on May 7, 2026, at 8 a.m. MT at the Asher Adams hotel in Salt Lake City, Utah, allowing shareholders to engage in the company's strategic decisions.
- Company Overview: Materion is a global leader in advanced materials solutions, focusing on high-performance industries such as semiconductor, industrial, aerospace & defense, energy, and automotive, showcasing its significant industry influence across multiple sectors.
- Expertise and Offerings: With nearly 100 years of expertise, the company specializes in engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, highlighting its deep knowledge in material science.
- Global Workforce: Materion employs nearly 3,000 people worldwide, serving customers in over 60 countries, reflecting its extensive market reach and international operational capabilities.
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- Shareholder Meeting Date: Materion Corporation will hold its annual shareholder meeting on May 7, 2026, at 8 a.m. MT at the Asher Adams hotel in Salt Lake City, Utah, aimed at discussing company developments and future strategies with shareholders.
- Company Overview: Materion is a global leader in advanced materials solutions, focusing on high-performance industries such as semiconductor, industrial, aerospace & defense, energy, and automotive, with nearly 100 years of expertise driving industry innovation.
- Employee and Market Reach: The company employs nearly 3,000 people worldwide and serves customers in over 60 countries, showcasing its extensive influence and operational capabilities in the global market.
- Technology and Products: Materion offers a range of specialty engineered alloy systems, inorganic chemicals, precious and non-precious metals, beryllium and beryllium composites, as well as precision filters and optical coatings, enabling customers to achieve breakthrough solutions that advance global progress.
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- New Investment Disclosure: On February 13, 2026, ACK Asset Management LLC disclosed a new position in Rogers (NYSE: ROG), acquiring 436,707 shares in an estimated $39.99 million trade, reflecting confidence in the company's future prospects.
- Asset Allocation Insight: This acquisition represents 5.0% of ACK's 13F assets under management as of December 31, 2025, indicating a significant concentration in industrial and infrastructure investments within their portfolio.
- Performance Highlights: Rogers reported $216.0 million in third-quarter sales, a 6.5% sequential increase, with gross margins expanding to 33.5%, showcasing strong performance driven by robust demand in electric vehicles and wireless infrastructure.
- Market Outlook: Despite a 25% increase in Rogers' stock price over the past year, it still trades below peak margins seen in stronger cycles, prompting long-term investors to monitor margin sustainability and recovery potential in the EV and aerospace sectors.
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- Complete Exit: ACK Asset Management fully exited its position in Centuri Holdings (NYSE:CTRI) by selling 1,375,000 shares for approximately $29.11 million, indicating a cautious outlook on the company's future performance.
- Quarter-End Valuation Decline: This transaction resulted in a $29.11 million decline in the value of ACK's Centuri holdings at the end of the fourth quarter, reflecting concerns about the company's growth potential despite its strong performance.
- Strong Performance Yet Skepticism: Although Centuri posted record quarterly revenue of $850 million in November 2026, up 18.1% year-over-year, ACK's exit suggests a lack of confidence in the company's valuation and sustainable returns, potentially impacting investor sentiment.
- Market Performance Comparison: Centuri's shares rose 45.9% over the past year, significantly outperforming the S&P 500 by 33 percentage points; however, ACK's exit may prompt a reevaluation of the company's future performance in light of ongoing demand for infrastructure modernization.
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- Earnings Beat: Materion's Q4 non-GAAP EPS of $1.53 exceeded expectations by $0.02, indicating strong performance in a competitive market.
- Significant Revenue Growth: The company reported Q4 revenue of $489.7 million, a 12.1% year-over-year increase, surpassing market expectations by $40.92 million, reflecting sustained growth potential across its business segments.
- Adjusted EBITDA Performance: Adjusted EBITDA stood at $57.0 million, or 22.5% of value-added sales, showing a decline from $61.5 million or 20.8% in the prior year, yet still indicating improvements in profitability.
- Optimistic Outlook: Materion anticipates mid-single-digit revenue growth in 2026, guiding adjusted EPS between $6.00 and $6.50, a 15% increase from the prior year midpoint, demonstrating confidence in future market conditions.
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- Earnings Announcement Schedule: Materion is set to announce its Q4 earnings on February 12 before market open, with consensus EPS estimate at $1.51, reflecting a 2.6% year-over-year decline, while revenue is expected to reach $448.78 million, indicating a 2.7% year-over-year growth, showcasing the company's revenue stability.
- Historical Performance: Over the past two years, Materion has exceeded EPS estimates 75% of the time and revenue estimates 63% of the time, indicating strong performance in profitability and market expectation management, which enhances investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen no upward revisions but five downward adjustments, while revenue estimates experienced one upward revision and four downward adjustments, reflecting a cautious market outlook on the company's future performance, which may impact stock price volatility.
- Market Reaction: Despite facing estimate downgrades, Materion's stock surged to an all-time high following an upgrade from KeyBanc, reflecting market optimism regarding rising demand in the clean energy sector, potentially providing momentum for future growth.
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