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Mohawk Industries (MHK) Stock Forecast & Price Target

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$113.59
+5.54 (+5.13%)
(As of 06/28/2024 ET)
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Mohawk Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Consensus Price Target

$123.20
8.46% Upside
High Forecast$152.00
Average Forecast$123.20
Low Forecast$93.00
TypeCurrent Forecast
7/1/23 to 6/30/24		1 Month Ago
6/1/23 to 5/31/24		3 Months Ago
4/2/23 to 4/1/24		1 Year Ago
7/1/22 to 7/1/23
Consensus Rating
Moderate Buy
Hold
Hold
Reduce
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$123.20$121.33$117.56$123.08
Forecasted Upside8.46% Upside8.82% Upside9.09% Upside9.71% Upside

MHK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MHK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Mohawk Industries Stock vs. The Competition

TypeMohawk IndustriesConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.50
2.55
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside8.46% Upside127.60% Upside11.52% Upside
News Sentiment RatingPositive News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/10/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating		S. Darkatsh
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeMarket Perform ➝ Strong-Buy$140.00+23.42%
5/3/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$122.00 ➝ $124.00+6.56%
4/29/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetEqual Weight ➝ Equal Weight$122.00 ➝ $120.00+0.87%
4/29/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$140.00 ➝ $135.00+13.47%
4/29/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$127.00 ➝ $140.00+19.76%
4/29/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetSector Perform ➝ Sector Perform$106.00 ➝ $108.00-7.61%
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2/12/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeHold ➝ Buy$98.00 ➝ $152.00+38.17%
1/22/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetUnderweight ➝ Underweight$105.00 ➝ $100.00+0.07%
1/11/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$105.00 ➝ $120.00+12.85%
10/12/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$118.00 ➝ $93.00+10.23%
4/19/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetUnderperform$110.00 ➝ $108.00+9.63%
3/20/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$109.00 ➝ $103.00+9.17%
8/9/2022Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$152.00+26.37%
8/1/2022UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral$162.00 ➝ $146.00+21.19%
8/1/2022Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral$150.00 ➝ $140.00+16.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:41 PM ET.

MHK Forecast - Frequently Asked Questions

What is Mohawk Industries's stock forecast and purchase recommendation?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Mohawk Industries is $123.20, with a high forecast of $152.00 and a low forecast of $93.00. The consensus rating for Mohawk Industries stock is Moderate Buy based on the current 1 sell rating, 4 hold ratings, 4 buy ratings and 1 strong buy rating for MHK. Learn more on MHK's analyst rating history.

Do Wall Street analysts like Mohawk Industries more than its competitors?

Analysts like Mohawk Industries less than other "consumer discretionary" companies. The consensus rating score for Mohawk Industries is 2.50 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how MHK compares to other companies.

Is Mohawk Industries being upgraded by Wall Street analysts?

Over the previous 90 days, Mohawk Industries's stock had 1 upgrade by analysts.

Does Mohawk Industries's stock price have much upside?

According to analysts, Mohawk Industries's stock has a predicted upside of 10.30% based on their 12-month stock forecasts.

What analysts cover Mohawk Industries?

Mohawk Industries has been rated by research analysts at Barclays, JPMorgan Chase & Co., Loop Capital, Raymond James, Royal Bank of Canada, and Truist Financial in the past 90 days.


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This page (NYSE:MHK) was last updated on 6/30/2024 by MarketBeat.com Staff

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