Patrick Industries, Inc. (PATK)
NASDAQ: PATK · Real-Time Price · USD
82.55
-1.45 (-1.73%)
Jul 31, 2026, 4:00 PM EDT - Market closed

Patrick Industries Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Patrick Industries stock has a consensus rating of "Buy" and an average price target of $109.2. The average 1-year stock price forecast is 32.28% higher than the current stock price, while the lowest is $85 (+2.97%) and the highest is $135 (+63.54%).

Price Target: $109.2 (+32.28%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$85$109.2$113.5$135
Change+2.97%+32.28%+37.49%+63.54%

Analyst Ratings

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

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy554555
Buy222222
Hold222222
Sell111111
Strong Sell000000
Total10109101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Sell
Reiterates
$85
SellReiterates$85+2.97%Jul 31, 2026
Truist Financial
Truist Financial
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 31, 2026
Raymond James
Raymond James
Buy
Maintains
$108$94
BuyMaintains$108$94+13.87%Jul 31, 2026
BMO Capital
BMO Capital
Buy
Maintains
$140$120
BuyMaintains$140$120+45.37%Jul 31, 2026
Robert W. Baird
Robert W. Baird
Hold
Maintains
$106$96
HoldMaintains$106$96+16.29%Jul 31, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.87B
from 3.95B
Decreased by -1.92%
Revenue Next Year
4.11B
from 3.87B
Increased by 6.00%
EPS This Year
4.29
from 4.44
Decreased by -3.44%
EPS Next Year
5.43
from 4.29
Increased by 26.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.08B4.88B3.47B3.72B3.95B3.87B
Revenue Growth
64.00%19.71%-28.96%7.14%6.33%-1.92%
Gross Profit
801.19M1.06B782.23M835.89M912.86M900.88M
Gross Margin
19.65%21.71%22.56%22.50%23.11%23.25%
Operating Income
351.71M496.17M260.20M258.04M275.99M266.56M
Net Income
224.92M328.20M142.90M138.40M135.06M146.48M
EPS
----4.444.29
EPS Growth
----2.30%-3.44%
Forward PE
8.197.2313.0917.5321.3319.26
Dividend / Share
0.780.961.271.501.671.84
Dividend Growth
-23.08%31.95%18.42%11.33%10.33%
Free Cash Flow
80.57M243.04M325.26M170.28M166.53M251.60M
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High3.9B
Avg3.9B
Low3.8B

Revenue Growth

Revenue Growth20262027
High
-1.0%
Avg
-1.9%
Low
-3.5%

EPS Forecast

EPS20262027
High4.36
Avg4.29
Low4.20

EPS Growth

EPS Growth20262027
High
-1.8%
Avg
-3.4%
Low
-5.4%