Mohawk Industries (MHK) Stock Forecast, Price Target & Predictions
MHK Stock Forecast
Mohawk Industries stock forecast is as follows: an average price target of $161.64 (represents a 3.25% upside from MHK’s last price of $156.55) 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 $161.64 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $225.00 to $129.00. This represents a potential 3.25% upside from MHK's last price of $156.55.
MHK Analyst Ratings
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%), 6 'Hold' (54.55%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
Mohawk Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Philip Ng | Jefferies | $150.00 | $162.70 | -7.81% | -4.18% |
| Jul 29, 2024 | Mike Dahl | RBC Capital | $140.00 | $162.13 | -13.65% | -10.57% |
| Jul 29, 2024 | Laura Champine | Loop Capital Markets | $185.00 | $163.09 | 13.44% | 18.17% |
| Jul 29, 2024 | Timothy Wojs | Robert W. Baird | $160.00 | $160.71 | -0.44% | 2.20% |
| Jul 29, 2024 | Sam Reid | Wells Fargo | $140.00 | $160.71 | -12.89% | -10.57% |
| Jul 26, 2024 | Keith Hughes | Truist Financial | $184.00 | $160.71 | 14.49% | 17.53% |
| Jul 26, 2024 | Rafe Jadrosich | Bank of America Securities | $177.00 | $158.47 | 11.69% | 13.06% |
| Jun 10, 2024 | Strong Buy | Raymond James | $140.00 | $113.43 | 23.42% | -10.57% |
| Apr 29, 2024 | Philip Ng | Jefferies | $130.00 | $118.43 | 9.77% | -16.96% |
| Apr 29, 2024 | Keith Hughes | Truist Financial | $140.00 | $116.84 | 19.82% | -10.57% |
The latest Mohawk Industries stock forecast, released on Jul 29, 2024 by Philip Ng from Jefferies, set a price target of $150.00, which represents a -7.81% decrease from the stock price at the time of the forecast ($162.70), and a -4.18% decrease from MHK last price ($156.55).
Mohawk Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 7 | 13 |
| Avg Price Target | - | $162.29 | $148.77 |
| Last Closing Price | $156.55 | $156.55 | $156.55 |
| Upside/Downside | -100.00% | 3.67% | -4.97% |
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 $156.55. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 29, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 29, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jul 29, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Jul 29, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 26, 2024 | Bank of America Securities | - | Buy | Upgrade |
| Apr 29, 2024 | Jefferies | Hold | Hold | Hold |
| Apr 29, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 29, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Feb 12, 2024 | Deutsche Bank | Hold | Buy | Upgrade |
Mohawk Industries's last stock rating was published by Jefferies on Jul 29, 2024. The company gave MHK a "Hold" rating, the same as its previous rate.
Mohawk Industries Financial Forecast
Mohawk Industries Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $2.77B | $2.97B | $2.93B | $2.85B | $2.75B | $2.82B | $2.88B | $2.70B | $2.60B | $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 | $2.85B | $3.05B | $3.01B | $2.93B | $2.83B | $2.89B | $2.96B | $2.77B | $2.67B | $2.74B | $2.91B | $2.72B | $2.63B | $2.86B | $3.03B | $2.83B | $2.76B | $3.10B | $3.15B | $2.95B | $2.81B | $3.01B | $2.85B | $2.71B | $2.58B | $2.57B | $1.92B | $2.38B | $2.51B | $2.60B |
| Low Forecast | $2.70B | $2.90B | $2.86B | $2.78B | $2.68B | $2.75B | $2.81B | $2.63B | $2.53B | $2.66B | $2.76B | $2.58B | $2.48B | $2.58B | $2.87B | $2.69B | $2.62B | $2.94B | $3.15B | $2.70B | $2.57B | $2.75B | $2.60B | $2.48B | $2.35B | $2.34B | $1.76B | $2.18B | $2.29B | $2.38B |
| # Analysts | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 6 | 16 | 8 | 8 | 11 | 7 | 7 | 9 | 14 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 3 analysts is $2.64B, with a low forecast of $2.58B, and a high forecast of $2.72B. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 6 | 16 | 8 | 8 | 11 | 7 | 7 | 9 | 14 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $300.21M | $321.77M | $317.65M | $308.33M | $297.76M | $305.05M | $312.25M | $292.04M | $281.30M | $292.34M | $307.17M | $387.81M | $277.55M | $296.86M | $319.37M | $352.56M | $291.04M | $203.18M | $340.91M | $320.51M | $388.54M | $314.71M | $297.80M | $283.59M | $341.77M | $217.31M | $508.37M | $291.37M | $310.86M | $318.43M |
| High Forecast | $308.63M | $330.79M | $326.56M | $316.98M | $306.11M | $313.61M | $321.00M | $300.23M | $289.19M | $296.67M | $315.79M | $465.37M | $285.08M | $309.80M | $328.33M | $423.07M | $299.20M | $243.82M | $340.91M | $384.61M | $466.25M | $325.75M | $308.25M | $293.54M | $410.12M | $260.77M | $610.04M | $349.64M | $373.03M | $382.12M |
| Low Forecast | $292.76M | $313.79M | $309.77M | $300.69M | $290.37M | $297.49M | $304.50M | $284.80M | $274.33M | $288.01M | $299.56M | $310.25M | $268.94M | $279.63M | $311.45M | $282.05M | $283.82M | $162.55M | $340.91M | $256.40M | $310.83M | $297.59M | $281.61M | $268.17M | $273.42M | $173.85M | $406.69M | $233.10M | $248.69M | $254.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | -2.47% | 0.47% | 0.36% | 0.72% | 0.94% | 1.50% | 0.99% | 1.02% | 1.62% | 1.89% | 1.66% | 1.30% | 1.91% | 0.18% | 1.00% | 1.02% | 1.04% |
3 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 6 | 16 | 8 | 8 | 11 | 7 | 7 | 9 | 14 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $187.87M | $266.46M | $257.52M | $162.63M | $174.24M | $217.91M | $221.36M | $142.78M | $143.77M | $183.92M | $175.45M | $147.09M | $118.48M | $169.34M | $169.15M | $133.72M | $83.68M | $100.55M | $274.69M | $121.57M | $185.83M | $243.19M | $235.66M | $180.73M | $190.27M | $107.54M | $-265.41M | $110.51M | $258.65M | $149.04M |
| High Forecast | $194.72M | $276.18M | $266.91M | $168.56M | $180.59M | $225.86M | $229.43M | $147.98M | $149.01M | $186.46M | $181.84M | $176.51M | $123.61M | $175.71M | $175.32M | $160.47M | $86.73M | $120.66M | $274.69M | $145.88M | $222.99M | $254.28M | $246.41M | $188.98M | $228.33M | $129.05M | $-212.33M | $132.62M | $310.38M | $178.85M |
| Low Forecast | $181.81M | $257.87M | $249.21M | $157.38M | $168.62M | $210.88M | $214.22M | $138.17M | $139.14M | $181.37M | $169.79M | $117.68M | $113.36M | $146.42M | $163.69M | $106.98M | $80.98M | $80.44M | $274.69M | $97.25M | $148.66M | $226.00M | $219.00M | $167.96M | $152.22M | $86.03M | $-318.50M | $88.41M | $206.92M | $119.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | -4.49% | 0.60% | 0.60% | 0.40% | -5.31% | 1.02% | 2.02% | 1.02% | 1.11% | 1.43% | 1.31% | 1.30% | 1.91% | 0.18% | 1.00% | 1.02% | 1.04% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 6 | 16 | 8 | 8 | 11 | 7 | 7 | 9 | 14 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $496.94M | $532.63M | $525.81M | $510.39M | $492.88M | $504.96M | $516.87M | $483.42M | $465.65M | $483.91M | $508.47M | $618.86M | $459.43M | $491.39M | $528.66M | $562.60M | $481.76M | $217.39M | $564.31M | $511.45M | $475.99M | $520.94M | $492.96M | $469.44M | $349.05M | $232.50M | $333.47M | $464.96M | $457.36M | $432.66M |
| High Forecast | $510.88M | $547.57M | $540.56M | $524.71M | $506.71M | $519.13M | $531.36M | $496.98M | $478.71M | $491.08M | $522.73M | $742.63M | $471.90M | $512.81M | $543.49M | $675.12M | $495.27M | $260.87M | $564.31M | $613.74M | $571.19M | $539.22M | $510.26M | $485.91M | $418.86M | $279.00M | $345.17M | $557.95M | $548.83M | $519.19M |
| Low Forecast | $484.61M | $519.42M | $512.77M | $497.73M | $480.66M | $492.44M | $504.05M | $471.43M | $454.10M | $476.74M | $495.86M | $495.09M | $445.19M | $462.88M | $515.55M | $450.08M | $469.81M | $173.91M | $564.31M | $409.16M | $380.80M | $492.61M | $466.15M | $443.91M | $279.24M | $186.00M | $315.34M | $371.97M | $365.89M | $346.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.12% | 1.09% | 0.92% | 1.02% | 2.41% | 0.90% | 0.94% | 1.02% | 0.92% | 1.01% | 1.01% | 1.30% | 1.91% | 1.29% | 1.00% | 1.02% | 1.04% |
Mohawk Industries's average Quarter SG&A projection for Mar 24 is $618.86M, based on 3 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 6 | 16 | 8 | 8 | 11 | 7 | 7 | 9 | 14 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $2.94 | $4.17 | $4.03 | $2.54 | $2.73 | $3.41 | $3.46 | $2.23 | $2.25 | $2.88 | $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 | $3.05 | $4.32 | $4.18 | $2.64 | $2.83 | $3.53 | $3.59 | $2.32 | $2.33 | $2.92 | $2.85 | $1.74 | $1.93 | $2.75 | $2.74 | $1.35 | $1.36 | $3.46 | $4.29 | $3.02 | $2.99 | $3.98 | $3.85 | $2.96 | $3.01 | $2.24 | $-0.10 | $1.78 | $2.30 | $2.76 |
| Low Forecast | $2.85 | $4.04 | $3.90 | $2.46 | $2.64 | $3.30 | $3.35 | $2.16 | $2.18 | $2.84 | $2.66 | $1.62 | $1.77 | $2.29 | $2.56 | $1.27 | $1.27 | $3.24 | $4.29 | $2.68 | $2.66 | $3.53 | $3.43 | $2.63 | $2.67 | $1.99 | $-0.11 | $1.58 | $2.05 | $2.45 |
| 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 3 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 $1.74. This represents a -23.49% decrease compared to MHK previous annual EPS of $2.19 (Dec 23).
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 $161.64 with a range of $129 to $225, implying a 3.25% from its last price of $156.55. 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 3.25% (from the last price of $156.55 to the average price target of $161.64), up by 43.72% based on the highest stock price target, and down by -17.60% based on the lowest stock price target.
Can Mohawk Industries stock reach $200?
MHK's highest twelve months analyst stock price target of $225 supports 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 $11.14B (high $11.45B, low $10.87B), average EBITDA is $1.21B (high $1.24B, low $1.18B), average net income is $756.29M (high $783.86M, low $731.9M), average SG&A $2B (high $2.05B, low $1.95B), and average EPS is $11.84 (high $12.27, low $11.45). MHK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.52B (high $11.84B, low $11.23B), average EBITDA is $1.25B (high $1.28B, low $1.22B), average net income is $874.47M (high $906.36M, low $846.27M), average SG&A $2.07B (high $2.12B, low $2.01B), and average EPS is $13.69 (high $14.18, low $13.24).
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 $1.25B by -123.09%. The company's net income was $-440M, missing the average estimation of $590.69M by -174.41%. 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 $277.55M by -39.80%. Mohawk Industries's net income was $139.49M, beating the average estimation of $118.48M by 17.73%. 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%