Patrick Industries, Inc. (PATK)
NASDAQ: PATK · Real-Time Price · USD
87.17
+0.70 (0.81%)
Jun 23, 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 $119.5. The average 1-year stock price forecast is 37.09% higher than the current stock price, while the lowest is $90 (+3.25%) and the highest is $140 (+60.61%).

Price Target: $119.5 (+37.09%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$90$119.5$125.5$140
Change+3.25%+37.09%+43.97%+60.61%
* Price targets were last updated on May 5, 2026.

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy555455
Buy222222
Hold222222
Sell111111
Strong Sell000000
Total10101091010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Truist Financial
Truist Financial
Buy
Maintains
n/a
BuyMaintainsn/an/aMay 5, 2026
Roth MKM
Roth MKM
Buy
Reiterates
$140$128
BuyReiterates$140$128+46.84%May 5, 2026
Bank of America Securities
Bank of America Securities
Sell
Reiterates
$95$90
SellReiterates$95$90+3.25%May 4, 2026
Robert W. Baird
Robert W. Baird
Hold
Maintains
$120$110
HoldMaintains$120$110+26.19%May 1, 2026
BMO Capital
BMO Capital
Buy
Maintains
$150$140
BuyMaintains$150$140+60.61%May 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
4.02B
from 3.95B
Increased by 1.73%
Revenue Next Year
4.25B
from 4.02B
Increased by 5.71%
EPS This Year
4.84
from 4.44
Increased by 9.11%
EPS Next Year
5.95
from 4.84
Increased by 22.76%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.08B4.88B3.47B3.72B3.95B4.02B
Revenue Growth
64.00%19.71%-28.96%7.14%6.33%1.73%
Gross Profit
801.19M1.06B782.23M835.89M912.86M938.46M
Gross Margin
19.65%21.71%22.56%22.50%23.11%23.35%
Operating Income
351.71M496.17M260.20M258.04M275.99M298.47M
Net Income
224.92M328.20M142.90M138.40M135.06M174.05M
EPS
----4.444.84
EPS Growth
----2.30%9.11%
Forward PE
8.197.2313.0917.5321.3317.99
Dividend / Share
0.780.961.271.501.671.84
Dividend Growth
-23.08%31.95%18.42%11.33%10.33%
Free Cash Flow
80.57M243.04M325.26M170.28M166.53M291.03M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High4.2B
Avg4.0B
Low3.9B

Revenue Growth

Revenue Growth20262027
High
5.6%
Avg
1.7%
Low
-1.3%

EPS Forecast

EPS20262027
High5.25
Avg4.84
Low4.59

EPS Growth

EPS Growth20262027
High
18.2%
Avg
9.1%
Low
3.4%