Mohawk Industries, Inc. (MHK)

Mohawk Industries Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Mohawk Industries stock have an average target of 160.38, with a low estimate of 134 and a high estimate of 196. The average target predicts an increase of 17.42% from the current stock price of 136.59.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$134	$160.38	$155	$196
Change	-1.90%	+17.42%	+13.48%	+43.50%

Analyst Ratings

The average analyst rating for MHK stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	4	5	6	6	6	6
Buy	0	0	0	0	0	1
Hold	4	4	4	4	4	5
Sell	1	1	2	2	2	1
Strong Sell	0	0	0	0	0	0
Total	9	10	12	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Dahl RBC Capital	RBC Capital	Hold Maintains $140 → $134	Hold	Maintains	$140 → $134	-1.90%	Oct 28, 2024
Matthew Bouley Barclays	Barclays	Hold Maintains $161 → $146	Hold	Maintains	$161 → $146	+6.89%	Oct 28, 2024
Keith Hughes Truist Securities	Truist Securities	Strong Buy Maintains $184 → $155	Strong Buy	Maintains	$184 → $155	+13.48%	Oct 28, 2024
Timothy Wojs Baird	Baird	Hold → Buy Upgrades $160 → $196	Hold → Buy	Upgrades	$160 → $196	+43.50%	Oct 21, 2024
Philip Ng Jefferies	Jefferies	Hold Maintains $150 → $160	Hold	Maintains	$150 → $160	+17.14%	Oct 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

10.85B

Decreased by -2.54%

from 11.14B

Revenue Next Year

11.07B

Increased by 1.97%

from 10.85B

EPS This Year

9.70

from -6.90

EPS Next Year

11.27

Increased by 16.15%

from 9.70

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.97B	9.55B	11.20B	11.74B	11.14B	10.85B	11.07B	11.43B
Revenue Growth	-0.13%	-4.20%	17.26%	4.79%	-5.13%	-2.54%	1.97%	3.29%
EPS	10.30	7.22	14.94	0.39	-6.90	9.70	11.27	13.33
EPS Growth	-10.20%	-29.90%	106.93%	-97.39%	-	-	16.15%	18.33%
Forward PE	-	-	-	-	-	14.08	12.12	10.25
No. Analysts	-	-	-	-	-	19	19	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	11.4B	11.7B	12.2B
Avg	10.9B	11.1B	11.4B
Low	10.4B	10.5B	10.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	2.4%	7.9%	9.8%
Avg	-2.5%	2.0%	3.3%
Low	-6.3%	-3.1%	-2.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	10.14	12.52	14.61
Avg	9.70	11.27	13.33
Low	9.35	10.12	11.52

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	29.0%	29.6%
Avg	-	16.1%	18.3%
Low	-	4.4%	2.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.