Patrick Industries, Inc. (PATK)
NASDAQ: PATK · Real-Time Price · USD
83.41
-2.07 (-2.42%)
At close: Aug 21, 2026, 4:00 PM EDT
83.45
+0.04 (0.05%)
After-hours: Aug 21, 2026, 7:56 PM EDT

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 $106.7. The average 1-year stock price forecast is 27.92% higher than the current stock price, while the lowest is $85 (+1.91%) and the highest is $130 (+55.86%).

Price Target: $106.7 (+27.92%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$85$106.7$111$130
Change+1.91%+27.92%+33.08%+55.86%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy545555
Buy222222
Hold222222
Sell111111
Strong Sell000000
Total10910101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Benchmark Co.
Benchmark Co.
Buy
Maintains
$135$115
BuyMaintains$135$115+37.87%Aug 11, 2026
Truist Financial
Truist Financial
Buy
Reiterates
$113$108
BuyReiterates$113$108+29.48%Aug 10, 2026
Bank of America Securities
Bank of America Securities
Sell
Reiterates
$85
SellReiterates$85+1.91%Jul 31, 2026
Raymond James
Raymond James
Buy
Maintains
$108$94
BuyMaintains$108$94+12.70%Jul 31, 2026
BMO Capital
BMO Capital
Buy
Maintains
$140$120
BuyMaintains$140$120+43.87%Jul 31, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.88B
from 3.95B
Decreased by -1.86%
Revenue Next Year
4.10B
from 3.88B
Increased by 5.72%
EPS This Year
4.29
from 4.44
Decreased by -3.35%
EPS Next Year
5.36
from 4.29
Increased by 24.96%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.08B4.88B3.47B3.72B3.95B3.88B
Revenue Growth
64.00%19.71%-28.96%7.14%6.33%-1.86%
Gross Profit
801.19M1.06B782.23M835.89M912.86M900.01M
Gross Margin
19.65%21.71%22.56%22.50%23.11%23.21%
Operating Income
351.71M496.17M260.20M258.04M275.99M267.27M
Net Income
224.92M328.20M142.90M138.40M135.06M146.48M
EPS
----4.444.29
EPS Growth
----2.30%-3.35%
Forward PE
8.197.2313.0917.5321.3319.44
Dividend / Share
0.780.961.271.501.671.85
Dividend Growth
13.59%23.08%31.95%18.42%11.33%10.98%
Free Cash Flow
80.57M243.04M325.26M170.28M166.53M251.60M
No. Analysts
-----9
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
High4.41
Avg4.29
Low4.20

EPS Growth

EPS Growth20262027
High
-0.7%
Avg
-3.4%
Low
-5.4%