Patrick Industries, Inc. (PATK)
NASDAQ: PATK · Real-Time Price · USD
78.81
-0.86 (-1.08%)
Apr 28, 2025, 4:00 PM EDT - Market closed
Patrick Industries Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Patrick Industries stock have an average target of 101.93, with a low estimate of 84 and a high estimate of 111. The average target predicts an increase of 29.34% from the current stock price of 78.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Patrick Industries stock from 10 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $110 → $100 | Buy | Maintains | $110 → $100 | +26.89% | Apr 17, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $120 → $110 | Strong Buy | Maintains | $120 → $110 | +39.58% | Apr 14, 2025 |
| Baird | Baird | Buy → Hold Downgrades $100 → $96 | Buy → Hold | Downgrades | $100 → $96 | +21.81% | Apr 4, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | +52.26% | Feb 10, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $98 → $102 | Strong Buy | Maintains | $98 → $102 | +29.43% | Feb 7, 2025 |
Financial Forecast
Revenue This Year
4.02B
from 3.72B
Increased by 8.30%
Revenue Next Year
4.29B
from 4.02B
Increased by 6.51%
EPS This Year
5.32
from 4.11
Increased by 29.36%
EPS Next Year
6.37
from 5.32
Increased by 19.86%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 4.3B | 4.6B |
| Avg | 4.0B | 4.3B |
| Low | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 15.3% | 14.4% |
| Avg | 8.3% | 6.5% |
| Low | 3.1% | -0.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 5.88 | 7.14 |
| Avg | 5.32 | 6.37 |
| Low | 4.90 | 5.83 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 43.1% | 34.3% |
| Avg | 29.4% | 19.9% |
| Low | 19.2% | 9.7% |
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.