Mohawk Industries (MHK) Stock Forecast, Price Target & Predictions
MHK Stock Forecast
Mohawk Industries stock forecast is as follows: an average price target of $161.36 (represents a 18.88% upside from MHK’s last price of $135.73) 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 $161.36 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 18.88% upside from MHK's last price of $135.73.
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%), 7 'Hold' (63.64%), 0 'Sell' (0.00%), 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 |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Keith Hughes | Truist Financial | $155.00 | $133.50 | 16.10% | 14.20% |
| Oct 28, 2024 | Timothy Wojs | Robert W. Baird | $185.00 | $133.41 | 38.67% | 36.30% |
| Oct 21, 2024 | Timothy Wojs | Robert W. Baird | $196.00 | $161.05 | 21.70% | 44.40% |
| Jul 29, 2024 | Philip Ng | Jefferies | $150.00 | $162.70 | -7.81% | 10.51% |
| Jul 29, 2024 | Mike Dahl | RBC Capital | $140.00 | $162.13 | -13.65% | 3.15% |
| Jul 29, 2024 | Laura Champine | Loop Capital Markets | $185.00 | $163.09 | 13.44% | 36.30% |
| Jul 29, 2024 | Timothy Wojs | Robert W. Baird | $160.00 | $160.71 | -0.44% | 17.88% |
| Jul 29, 2024 | Sam Reid | Wells Fargo | $140.00 | $160.71 | -12.89% | 3.15% |
| Jul 26, 2024 | Keith Hughes | Truist Financial | $184.00 | $160.71 | 14.49% | 35.56% |
| Jul 26, 2024 | Rafe Jadrosich | Bank of America Securities | $177.00 | $158.47 | 11.69% | 30.41% |
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 14.20% increase from MHK last price ($135.73).
Mohawk Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 3 | 16 |
| Avg Price Target | $178.67 | $178.67 | $154.38 |
| Last Closing Price | $135.73 | $135.73 | $135.73 |
| Upside/Downside | 31.64% | 31.64% | 13.74% |
In the current month, the average price target of Mohawk Industries stock is $178.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 31.64% increase as opposed to Mohawk Industries's last price of $135.73. This month's average price target is down 0.00% compared to last quarter, and up 15.73% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 09, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 07, 2024 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| 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 |
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 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 | $2.70B | $2.86B | $2.88B | $2.74B | $2.67B | $2.80B | $2.86B | $2.67B | $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 | $2.78B | $2.94B | $2.97B | $2.82B | $2.75B | $2.88B | $2.95B | $2.70B | $2.63B | $2.70B | $2.84B | $2.64B | $2.63B | $2.86B | $3.04B | $2.84B | $2.77B | $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 | $2.80B | $2.66B | $2.59B | $2.72B | $2.78B | $2.61B | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 5 | 5 | 6 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 7 | 6 | 6 | 5 | 5 |
| 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 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 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 5 | 5 | 6 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 7 | 6 | 6 | 5 | 5 |
| 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 | $338.14M | $315.94M | $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 | $329.35M | $348.68M | $352.16M | $334.01M | $325.61M | $341.42M | $348.75M | $319.50M | $311.33M | $319.75M | $335.70M | $465.37M | $311.55M | $338.57M | $359.98M | $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 | $310.42M | $328.64M | $331.92M | $314.82M | $306.90M | $321.80M | $328.71M | $308.81M | $292.60M | $319.58M | $335.70M | $310.25M | $293.92M | $305.60M | $339.30M | $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 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 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 5 | 5 | 6 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 7 | 6 | 6 | 5 | 5 |
| 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 | $258.51M | $155.65M | $160.36M | $212.55M | $214.18M | $123.13M | $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 | $200.60M | $267.24M | $269.06M | $162.00M | $166.90M | $221.22M | $222.92M | $126.50M | $121.43M | $183.66M | $174.21M | $176.51M | $122.64M | $174.33M | $174.67M | $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 | $185.75M | $247.46M | $249.14M | $150.00M | $154.54M | $204.85M | $206.41M | $121.11M | $116.31M | $182.36M | $173.93M | $117.68M | $112.47M | $145.28M | $161.74M | $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 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 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 5 | 5 | 6 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 7 | 6 | 6 | 5 | 5 |
| 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 | $512.17M | $478.54M | $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 | $498.84M | $528.13M | $533.39M | $505.91M | $493.19M | $517.13M | $528.24M | $483.93M | $471.56M | $484.32M | $508.47M | $742.63M | $471.90M | $512.81M | $545.25M | $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 | $470.18M | $497.78M | $502.74M | $476.84M | $464.85M | $487.41M | $497.88M | $467.74M | $443.19M | $484.05M | $508.47M | $495.09M | $445.19M | $462.88M | $513.91M | $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 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 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 10 | 7 | 5 | 5 | 6 | 16 | 8 | 8 | 10 | 7 | 7 | 7 | 12 | 8 | 8 | 8 | 12 | 7 | 6 | 6 | 5 | 5 |
| 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 | $4.08 | $2.46 | $2.53 | $3.35 | $3.38 | $1.94 | $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 | $3.16 | $4.22 | $4.24 | $2.56 | $2.63 | $3.49 | $3.52 | $2.00 | $1.92 | $2.90 | $2.75 | $1.73 | $1.93 | $2.75 | $2.76 | $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 | $3.90 | $3.93 | $2.37 | $2.44 | $3.23 | $3.26 | $1.91 | $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).