Leggett & Platt Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Leggett & Platt stock has a consensus rating of "Hold" and an average price target of $11.5. The average 1-year stock price forecast is 4.64% higher than the current stock price, while the lowest is $11 (+0.09%) and the highest is $12 (+9.19%).

Price Target: $11.5 (+4.64%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$11	$11.5	$11.5	$12
Change	+0.09%	+4.64%	+4.64%	+9.19%

* Price targets were last updated on May 13, 2026.

Analyst Ratings

The average analyst rating for Leggett & Platt stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '25	Oct '25	Dec '25	Jan '26	Feb '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	4	4	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Raymond James No rating	Raymond James	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	May 15, 2026
Peter Keith Piper Sandler	Piper Sandler	Hold Maintains $12	Hold	Maintains	$12	+9.19%	May 13, 2026
Keith Hughes Truist Financial	Truist Financial	Hold Maintains $13 → $11	Hold	Maintains	$13 → $11	+0.09%	May 8, 2026

Financial Forecast

Revenue This Year

3.83B

from 4.06B

-5.61%

from 4.06B

Revenue Next Year

3.91B

from 3.83B

2.18%

from 3.83B

EPS This Year

0.88

from 1.05

-16.67%

from 1.05

EPS Next Year

1.01

from 0.88

15.71%

from 0.88

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.07B	5.15B	4.73B	4.38B	4.06B	3.83B
Revenue Growth	18.51%	1.46%	-8.19%	-7.23%	-7.49%	-5.61%
Gross Profit	1.04B	976.80M	853.80M	762.30M	747.70M	697.91M
Gross Margin	20.47%	18.98%	18.07%	17.39%	18.44%	18.23%
Operating Income	556.30M	478.40M	319.80M	249.00M	245.20M	227.08M
Net Income	402.40M	309.80M	-136.80M	-511.50M	235.40M	127.20M
EPS	-	-	-	-	1.05	0.88
EPS Growth	-	-	-	-	-	-16.67%
Forward PE	13.94	15.40	19.14	8.65	10.19	12.56
Dividend / Share	1.66	1.74	1.82	0.61	0.20	0.20
Dividend Growth	-	4.82%	4.60%	-66.48%	-67.21%	-
Free Cash Flow	96.68M	342.46M	353.33M	252.74M	309.09M	224.00M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	3.9B
Avg	3.8B
Low	3.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-4.5%
Avg	-5.6%
Low	-6.5%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.88
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-16.7%
Low	-