Shipping stock Matson surges 112% in a year after Wolfe Research's bullish upgrade.

Matson's stock rose 112% since Wolfe Research upgraded it in November 2025, despite tariff concerns and falling volumes. Wolfe highlighted Matson's strong freight rates, cash flow, and share buybacks as key drivers. The company continued to beat earnings estimates and maintain pricing power, with management raising outlooks and expanding buybacks. While the stock now trades at a premium, continued strong demand and new vessels could support further gains, though risks remain if rates decline.

Matson Inc trades at USD 220.70 on Pluang as of Nov 03, 2026 21:11 WIB, down slightly by 0.15% in the last day. The stock's market cap stands at $6.61 billion, with a 52-week high of $238.60 and a low of $98.07. Typical investors hold Matson shares for about 28 days on the platform, with a dividend yield of 0.69%.