
Mohawk Industries (MHK) Stock Forecast & Price Target
Mohawk Industries (MHK) Analyst Ratings
Bulls say
Mohawk Industries is experiencing a positive trend in its Global Ceramic segment, driven by improved pricing and mix trends, which have resulted in a 4% increase that counterbalances a 4% decline in volumes. The company's outlook appears strong due to expectations of resilient revenue growth supported by enhanced pricing strategies, faster ramp-up of luxury vinyl tile capacity, and increased demand in the U.S. market, alongside reduced overseas competition. Furthermore, the forecast for FY’25 indicates a 2% increase in earnings per share to $9.04, reflecting productivity gains that are expected to mitigate certain competitive pressures.
Bears say
Mohawk Industries is facing significant challenges that contribute to a negative outlook, primarily driven by sustained growth weakness and margin erosion due to category share loss and heightened competition. Additionally, the company is experiencing reduced demand in the U.S. residential and commercial markets, which further exacerbates financial pressures and poses risks to profitability. The long-term margin outlook remains bleak as competition intensifies, leading to both share loss and potential headwinds in pricing and product mix as overall industry demand slows.
This aggregate rating is based on analysts' research of Mohawk Industries and is not a guaranteed prediction by Public.com or investment advice.
Mohawk Industries (MHK) Analyst Forecast & Price Prediction
Start investing in Mohawk Industries (MHK)
Order type
Buy in
Order amount
Est. shares
0 shares