Martin Marietta Materials Inc

MLM is entrenched in a Stage 4 decline with a clear support failure and lower highs/lows structure. Intermediate and secular biases are bearish, but extreme oversold on the daily RSI and a bounce at the 52-week low support zone make selling here premature. We defer bearish execution and look for a rally back into the 9/20 EMAs or the prior support cluster (~511–515) to fade.

• ↑Q2 2026 revenue $1.95 B (+21% YoY) with adjusted EBITDA $630 M (+8%).
• ↑2026 revenue guidance raised to $7.2–7.4 B reflecting confident execution.
• ↓Current P/E of 35.1x well above peers, posing valuation risk.