
Mohawk Industries (MHK) Stock Forecast & Price Target
Mohawk Industries (MHK) Analyst Ratings
Bulls say
Mohawk Industries is experiencing positive price and mix trends, particularly within its Global Ceramic segment, which saw a 4% improvement that helped counterbalance a 4% decline in volumes. The company's revenue growth is expected to remain resilient due to better pricing strategies, a faster ramp-up of luxury vinyl tile (LVT) capacity, reduced overseas competition, and stronger-than-anticipated demand in the U.S. Additionally, the forecast for fiscal year 2025 indicates a 2% increase in earnings per share, projecting growth to $9.04, supported by a stronger second-quarter performance and in-line guidance for the third quarter.
Bears say
Mohawk Industries is facing significant financial challenges characterized by ongoing weakness in growth and margin erosion due to category share loss and heightened competition. Additionally, the company is experiencing adverse conditions in both the residential and commercial end markets within the United States, which further dampens revenue prospects. Long-term margin pressures are anticipated as the competitive landscape intensifies, leading to potential headwinds in pricing and product mix as demand trends downward.
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
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