Mohawk Industries (MHK) Stock Forecast, Price Target & Predictions


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MHK Stock Forecast


Mohawk Industries stock forecast is as follows: an average price target of $161.71 (represents a 38.43% upside from MHK’s last price of $116.82) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

MHK Price Target


The average price target for Mohawk Industries (MHK) is $161.71 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $140.00. This represents a potential 38.43% upside from MHK's last price of $116.82.

MHK Analyst Ratings


Hold

According to 11 Wall Street analysts, Mohawk Industries's rating consensus is 'Hold'. The analyst rating breakdown for MHK stock is 1 'Strong Buy' (9.09%), 3 'Buy' (27.27%), 7 'Hold' (63.64%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Mohawk Industries Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Keith HughesTruist Financial$155.00$133.5016.10%32.68%
Oct 28, 2024Timothy WojsRobert W. Baird$185.00$133.4138.67%58.36%
Oct 21, 2024Timothy WojsRobert W. Baird$196.00$161.0521.70%67.78%
Jul 29, 2024Philip NgJefferies$150.00$162.70-7.81%28.40%
Jul 29, 2024Mike DahlRBC Capital$140.00$162.13-13.65%19.84%
Jul 29, 2024Laura ChampineLoop Capital Markets$185.00$163.0913.44%58.36%
Jul 29, 2024Timothy WojsRobert W. Baird$160.00$160.71-0.44%36.96%
Jul 29, 2024Sam ReidWells Fargo$140.00$160.71-12.89%19.84%
Jul 26, 2024Keith HughesTruist Financial$184.00$160.7114.49%57.51%
Jul 26, 2024Rafe JadrosichBank of America Securities$177.00$158.4711.69%51.52%
Jun 10, 2024Strong BuyRaymond James$140.00$113.4323.42%19.84%
Apr 29, 2024Philip NgJefferies$130.00$118.439.77%11.28%
Apr 29, 2024Keith HughesTruist Financial$140.00$116.8419.82%19.84%
Apr 29, 2024Laura ChampineLoop Capital Markets$135.00$115.4516.93%15.56%
Feb 12, 2024Joe AhlersmeyerDeutsche Bank$152.00$117.2429.65%30.11%
Jan 12, 2024Mike DahlRBC Capital$101.00$101.85-0.83%-13.54%
Aug 15, 2022Daniel OppenheimCredit Suisse$140.00$127.0010.24%19.84%
Aug 02, 2022Wells Fargo$132.00$125.764.96%12.99%
Aug 01, 2022Robert W. Baird$140.00$122.9513.87%19.84%
Aug 01, 2022UBS$146.00$128.4813.64%24.98%
Aug 01, 2022RBC Capital$101.00$128.48-21.39%-13.54%
Jul 15, 2022J.P. Morgan$129.00$124.383.71%10.43%
Jun 28, 2022Wells Fargo$137.00$129.665.66%17.27%
May 03, 2022Credit Suisse$160.00$148.138.01%36.96%
May 03, 2022Wells Fargo$155.00$148.274.54%32.68%
May 03, 2022J.P. Morgan$156.00$145.757.03%33.54%
May 02, 2022Raymond James$210.00$141.0648.87%79.76%
Apr 27, 2022Raymond James$190.00$124.8152.23%62.64%
Apr 21, 2022Wells Fargo$135.00$130.393.54%15.56%
Apr 20, 2022J.P. Morgan$127.00$129.32-1.79%8.71%
Feb 13, 2022Timothy WojsRobert W. Baird$188.00$143.8230.72%60.93%
Jan 21, 2022Laura ChampineLoop Capital Markets$165.00$156.385.51%41.24%
Jan 10, 2022Stephen KimEvercore ISI$195.00$172.4613.07%66.92%
Nov 02, 2021Susan MaklariGoldman Sachs$225.00$174.3529.05%92.60%
Jul 15, 2021Deepa RaghavanWells Fargo$213.00$190.7911.64%82.33%

The latest Mohawk Industries stock forecast, released on Oct 28, 2024 by Keith Hughes from Truist Financial, set a price target of $155.00, which represents a 16.10% increase from the stock price at the time of the forecast ($133.50), and a 32.68% increase from MHK last price ($116.82).

Mohawk Industries Price Target by Period


1M3M12M
# Anlaysts-316
Avg Price Target-$178.67$154.38
Last Closing Price$116.82$116.82$116.82
Upside/Downside-100.00%52.94%32.15%

In the current month, the average price target of Mohawk Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Mohawk Industries's last price of $116.82. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 09, 2024JefferiesHoldHoldHold
Oct 07, 2024Wells FargoUnderweightEqual-WeightUpgrade
Jul 29, 2024JefferiesHoldHoldHold
Jul 29, 2024RBC CapitalSector PerformSector PerformHold
Jul 29, 2024Loop Capital MarketsBuyBuyHold
Jul 29, 2024Wells FargoUnderweightUnderweightHold
Jul 29, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 26, 2024Bank of America SecuritiesBuyUpgrade
Apr 29, 2024JefferiesHoldHoldHold
Apr 29, 2024RBC CapitalSector PerformSector PerformHold
Apr 29, 2024Loop Capital MarketsBuyBuyHold
Feb 12, 2024Deutsche BankHoldBuyUpgrade
Jan 12, 2024RBC CapitalUnderperformSector PerformUpgrade
Apr 11, 2023Loop Capital MarketsBuyUpgrade
Jan 11, 2023Deutsche BankHoldHoldHold
Oct 28, 2022CFRAHoldUpgrade
Aug 15, 2022Credit SuisseNeutralNeutralHold
Aug 02, 2022Wells FargoEqual-WeightEqual-WeightHold
Aug 01, 2022UBSNeutralNeutralHold
Aug 01, 2022RBC CapitalUnderperformUnderperformHold
Jun 28, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 27, 2022Raymond JamesStrong BuyStrong BuyHold

Mohawk Industries's last stock rating was published by Barclays on Oct 28, 2024. The company gave MHK a "Equal-Weight" rating, the same as its previous rate.

Mohawk Industries Financial Forecast


Mohawk Industries Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$2.61B$2.77B$2.95B$2.81B$2.65B$2.92B$3.15B$3.02B$2.76B$2.82B$2.95B$2.67B$2.64B$2.57B$2.05B$2.29B$2.42B$2.52B
Avg Forecast$2.70B$2.86B$2.88B$2.74B$2.67B$2.80B$2.85B$2.66B$2.54B$2.70B$2.84B$2.64B$2.56B$2.74B$2.95B$2.75B$2.69B$3.01B$3.15B$2.85B$2.72B$2.90B$2.75B$2.62B$2.49B$2.48B$1.86B$2.30B$2.42B$2.51B
High Forecast$2.77B$2.93B$2.96B$2.81B$2.74B$2.87B$2.93B$2.69B$2.63B$2.70B$2.84B$2.64B$2.63B$2.86B$3.03B$2.83B$2.76B$3.01B$3.15B$2.85B$2.72B$2.90B$2.75B$2.62B$2.49B$2.48B$1.86B$2.30B$2.42B$2.51B
Low Forecast$2.62B$2.78B$2.81B$2.66B$2.59B$2.72B$2.77B$2.60B$2.47B$2.70B$2.84B$2.64B$2.48B$2.58B$2.87B$2.68B$2.61B$3.01B$3.15B$2.85B$2.72B$2.90B$2.75B$2.62B$2.49B$2.48B$1.86B$2.30B$2.42B$2.51B
# Analysts33332347107556168810777128881276655
Surprise %------------1.02%1.01%1.00%1.02%0.99%0.97%1.00%1.06%1.02%0.97%1.07%1.02%1.06%1.04%1.10%0.99%1.00%1.00%

Mohawk Industries's average Quarter revenue forecast for Mar 24 based on 5 analysts is $2.64B, with a low forecast of $2.64B, and a high forecast of $2.64B. MHK's average Quarter revenue forecast represents a 1.13% increase compared to the company's last Quarter revenue of $2.61B (Dec 23).

Mohawk Industries EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33332347107556168810777128881276655
EBITDA------------$167.10M$-733.74M$150.83M$126.36M$210.08M$191.42M$512.02M$318.36M$395.36M$508.37M$563.89M$470.95M$445.85M$414.48M$92.43M$291.37M$318.09M$332.28M
Avg Forecast$319.33M$338.08M$341.44M$323.85M$315.71M$331.03M$337.39M$314.63M$300.80M$319.67M$335.70M$387.81M$303.33M$324.43M$349.03M$352.56M$363.29M$326.25M$340.91M$320.51M$388.54M$314.71M$297.80M$283.59M$269.55M$268.59M$201.45M$291.37M$262.33M$272.17M
High Forecast$327.96M$347.21M$350.67M$332.60M$324.24M$339.98M$346.51M$318.18M$311.33M$319.75M$335.70M$465.37M$311.55M$338.57M$358.47M$423.07M$435.94M$326.25M$340.91M$384.61M$466.25M$314.71M$297.80M$283.59M$269.55M$268.59M$201.45M$349.64M$262.33M$272.17M
Low Forecast$310.70M$328.94M$332.22M$315.10M$307.18M$322.09M$328.27M$307.53M$292.60M$319.58M$335.70M$310.25M$293.92M$305.60M$339.60M$282.05M$290.63M$326.25M$340.91M$256.40M$310.83M$314.71M$297.80M$283.59M$269.55M$268.59M$201.45M$233.10M$262.33M$272.17M
Surprise %------------0.55%-2.26%0.43%0.36%0.58%0.59%1.50%0.99%1.02%1.62%1.89%1.66%1.65%1.54%0.46%1.00%1.21%1.22%

5 analysts predict MHK's average Quarter EBITDA for Mar 24 to be $387.81M, with a high of $465.37M and a low of $310.25M. This is 132.09% upper than Mohawk Industries's previous annual EBITDA (Dec 23) of $167.10M.

Mohawk Industries Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33332347107556168810777128881276655
Net Income------------$139.49M$-760.46M$101.22M$80.24M$33.46M$-533.71M$280.43M$245.33M$189.10M$270.98M$336.29M$236.81M$248.22M$205.12M$-48.59M$110.51M$264.67M$155.52M
Avg Forecast$192.74M$256.77M$256.77M$149.94M$160.36M$212.42M$213.05M$117.56M$118.87M$183.01M$174.07M$147.09M$117.56M$168.02M$167.82M$133.72M$173.75M$213.61M$274.26M$121.57M$185.83M$243.05M$235.52M$180.63M$183.69M$136.83M$-6.54M$110.51M$140.86M$168.55M
High Forecast$199.51M$265.79M$265.79M$155.21M$165.99M$219.88M$220.54M$124.17M$121.43M$183.66M$174.21M$176.51M$122.64M$174.33M$173.72M$160.47M$208.50M$213.61M$274.26M$145.88M$222.99M$243.05M$235.52M$180.63M$183.69M$136.83M$-6.54M$132.62M$140.86M$168.55M
Low Forecast$185.96M$247.75M$247.75M$144.67M$154.72M$204.96M$205.56M$106.33M$116.31M$182.36M$173.93M$117.68M$112.47M$145.28M$161.93M$106.98M$139.00M$213.61M$274.26M$97.25M$148.66M$243.05M$235.52M$180.63M$183.69M$136.83M$-6.54M$88.41M$140.86M$168.55M
Surprise %------------1.19%-4.53%0.60%0.60%0.19%-2.50%1.02%2.02%1.02%1.11%1.43%1.31%1.35%1.50%7.43%1.00%1.88%0.92%

Mohawk Industries's average Quarter net income forecast for Mar 24 is $147.09M, with a range of $117.68M to $176.51M. MHK's average Quarter net income forecast represents a 5.45% increase compared to the company's last Quarter net income of $139.49M (Dec 23).

Mohawk Industries SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33332347107556168810777128881276655
SG&A------------$473.56M$549.64M$578.86M$517.65M$493.36M$523.48M$505.27M$481.33M$484.35M$477.34M$497.78M$474.25M$455.35M$443.45M$430.93M$464.96M$467.99M$451.47M
Avg Forecast$483.67M$512.07M$517.17M$490.52M$478.19M$501.40M$511.03M$476.55M$455.60M$484.18M$508.47M$618.86M$459.43M$491.39M$528.66M$562.60M$445.05M$540.04M$564.31M$511.45M$475.99M$520.94M$492.96M$469.44M$446.19M$444.61M$333.47M$464.96M$434.23M$450.53M
High Forecast$496.74M$525.91M$531.15M$503.78M$491.12M$514.95M$524.85M$481.93M$471.56M$484.32M$508.47M$742.63M$471.90M$512.81M$542.95M$675.12M$534.07M$540.04M$564.31M$613.74M$571.19M$520.94M$492.96M$469.44M$446.19M$444.61M$333.47M$557.95M$434.23M$450.53M
Low Forecast$470.60M$498.23M$503.19M$477.26M$465.27M$487.85M$497.22M$465.80M$443.19M$484.05M$508.47M$495.09M$445.19M$462.88M$514.38M$450.08M$356.04M$540.04M$564.31M$409.16M$380.80M$520.94M$492.96M$469.44M$446.19M$444.61M$333.47M$371.97M$434.23M$450.53M
Surprise %------------1.03%1.12%1.09%0.92%1.11%0.97%0.90%0.94%1.02%0.92%1.01%1.01%1.02%1.00%1.29%1.00%1.08%1.00%

Mohawk Industries's average Quarter SG&A projection for Mar 24 is $618.86M, based on 5 Wall Street analysts, with a range of $495.09M to $742.63M. The forecast indicates a 30.68% rise compared to MHK last annual SG&A of $473.56M (Dec 23).

Mohawk Industries EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33332347107556168810777128881276655
EPS------------$2.19$-11.94$1.59$1.26$0.53$-8.40$4.41$3.79$2.81$3.95$4.84$3.37$3.50$2.88$-0.68$1.54$3.69$2.16
Avg Forecast$3.04$4.05$4.05$2.37$2.53$3.35$3.36$1.85$1.87$2.89$2.75$1.68$1.85$2.65$2.65$1.31$1.31$3.34$4.29$2.89$2.86$3.80$3.69$2.83$2.87$2.14$-0.10$1.70$2.20$2.64
High Forecast$3.15$4.19$4.19$2.45$2.62$3.47$3.48$1.96$1.92$2.90$2.75$1.73$1.93$2.75$2.74$1.37$1.36$3.34$4.29$2.89$2.86$3.80$3.69$2.83$2.87$2.14$-0.10$1.70$2.20$2.64
Low Forecast$2.93$3.91$3.91$2.28$2.44$3.23$3.24$1.68$1.83$2.88$2.74$1.62$1.77$2.29$2.55$1.25$1.26$3.34$4.29$2.89$2.86$3.80$3.69$2.83$2.87$2.14$-0.10$1.70$2.20$2.64
Surprise %------------1.18%-4.51%0.60%0.96%0.40%-2.51%1.03%1.31%0.98%1.04%1.31%1.19%1.22%1.34%6.65%0.90%1.67%0.82%

According to 5 Wall Street analysts, Mohawk Industries's projected average Quarter EPS for Mar 24 is $1.68, with a low estimate of $1.62 and a high estimate of $1.73. This represents a -23.49% decrease compared to MHK previous annual EPS of $2.19 (Dec 23).

Mohawk Industries Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMWDAmerican Woodmark$84.11$115.6737.52%Buy
MHKMohawk Industries$124.70$161.7129.68%Hold
MBCMasterBrand$16.14$20.0023.92%Buy
ETDEthan Allen Interiors$29.92$33.0010.29%Hold

MHK Forecast FAQ


Is Mohawk Industries a good buy?

No, according to 11 Wall Street analysts, Mohawk Industries (MHK) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 36.36% of MHK's total ratings.

What is MHK's price target?

Mohawk Industries (MHK) average price target is $161.71 with a range of $140 to $185, implying a 38.43% from its last price of $116.82. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Mohawk Industries stock go up soon?

According to Wall Street analysts' prediction for MHK stock, the company can go up by 38.43% (from the last price of $116.82 to the average price target of $161.71), up by 58.36% based on the highest stock price target, and up by 19.84% based on the lowest stock price target.

Can Mohawk Industries stock reach $200?

MHK's average twelve months analyst stock price target of $161.71 does not support the claim that Mohawk Industries can reach $200 in the near future.

What are Mohawk Industries's analysts' financial forecasts?

Mohawk Industries's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $10.97B (high $11.22B, low $10.68B), average EBITDA is $1.3B (high $1.33B, low $1.27B), average net income is $703.39M (high $730.58M, low $671.58M), average SG&A $1.97B (high $2.01B, low $1.92B), and average EPS is $11.09 (high $11.52, low $10.59). MHK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.17B (high $11.47B, low $10.87B), average EBITDA is $1.32B (high $1.36B, low $1.29B), average net income is $856.22M (high $886.31M, low $826.14M), average SG&A $2B (high $2.06B, low $1.95B), and average EPS is $13.51 (high $13.98, low $13.03).

Did the MHK's actual financial results beat the analysts' financial forecasts?

Based on Mohawk Industries's last annual report (Dec 2023), the company's revenue was $11.14B, beating the average analysts forecast of $11B by 1.20%. Apple's EBITDA was $-288M, missing the average prediction of $1.33B by -121.65%. The company's net income was $-440M, missing the average estimation of $587.12M by -174.86%. Apple's SG&A was $2.12B, beating the average forecast of $2.04B by 3.80%. Lastly, the company's EPS was $-6.9, missing the average prediction of $8.46 by -181.57%. In terms of the last quarterly report (Dec 2023), Mohawk Industries's revenue was $2.61B, beating the average analysts' forecast of $2.56B by 1.97%. The company's EBITDA was $167.1M, missing the average prediction of $303.33M by -44.91%. Mohawk Industries's net income was $139.49M, beating the average estimation of $117.56M by 18.66%. The company's SG&A was $473.56M, beating the average forecast of $459.43M by 3.08%. Lastly, the company's EPS was $2.19, beating the average prediction of $1.85 by 18.11%