
Miller Industries (MLR) Stock Forecast & Price Target
Miller Industries (MLR) Analyst Ratings
Bulls say
Miller Industries Inc. anticipates significant growth opportunities driven by increased demand in California Air Resources Board (CARB) states and a resurgence in military contracts that have returned to pre-COVID levels, projected for 2026-2027. The potential passage of the "Big Beautiful Bill" could positively influence capital expenditures for fleets, further enhancing the company's market position. This combination of regulatory support and pent-up demand in key regions positions Miller Industries favorably for future revenue growth.
Bears say
Miller Industries faces several significant challenges that could adversely affect its financial performance, including the risk of chassis shortages that may hinder revenue and earnings growth. Additionally, the Company's ability to expand is constrained, creating further uncertainties in sales growth, especially without favorable changes in product mix or pricing. Furthermore, Miller Industries' valuation is concerning, as its EBITDA remains low due to a market imbalance in chassis inventories, while the stock's multiple remains above its peers.
This aggregate rating is based on analysts' research of Miller Industries and is not a guaranteed prediction by Public.com or investment advice.
Miller Industries (MLR) Analyst Forecast & Price Prediction
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