Zacks Research Upgrades Matthews International to Hold

The research firm changes its rating on the industrial manufacturer's stock.

Apr. 8, 2026 at 11:51am

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Zacks Research has upgraded Matthews International (NASDAQ:MATW) from a 'strong sell' rating to a 'hold' rating in a new report. The upgrade comes after the company's stock has traded in a range between $18.60 and $29.11 over the past 52 weeks, with a current market capitalization of $805.64 million.

Why it matters

The Zacks upgrade represents a shift in sentiment around Matthews International, which provides a range of industrial manufacturing and brand solutions products. The change in rating could impact how investors view the stock and the company's future performance.

The details

According to the report, Zacks Research cited Matthews International's recent financial results and market positioning as factors in the rating upgrade. The company reported a loss of $0.19 per share in its most recent quarter, missing analyst estimates. However, the firm's revenue of $284.76 million exceeded projections.

  • Zacks Research issued the upgrade report on Monday, April 8, 2026.
  • Matthews International's stock price closed at $25.88 on the day of the upgrade.

The players

Matthews International

A diversified industrial company headquartered in Pittsburgh, Pennsylvania that operates in the Brand Solutions and Memorialization segments, providing products and services to industrial manufacturers, brand marketers, and the funeral industry.

Zacks Research

An independent equity research firm that provides investment research and stock recommendations to institutional and individual investors.

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What’s next

Investors will be watching to see if Matthews International's stock price continues to fluctuate in the coming weeks and months following the Zacks Research upgrade. The company's next quarterly earnings report will also be closely monitored for signs of improved financial performance.

The takeaway

The Zacks Research upgrade of Matthews International to a 'hold' rating suggests a potential shift in sentiment around the industrial manufacturer's outlook, though the company's recent financial results have been mixed. Investors will be closely following the stock's performance and the company's future earnings reports to gauge whether the rating change is warranted.