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Mohawk Industries (MHK) Stock Forecast & Price Target

Mohawk Industries logo
$119.16 +2.34 (+2.00%)
(As of 12/20/2024 05:31 PM ET)

Mohawk Industries - Analysts' Recommendations and Stock Price Forecast (2025)

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

Sell
0
Hold
5
Buy
8

Based on 13 Wall Street analysts who have issued ratings for Mohawk Industries in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 5 have given a hold rating, 6 have given a buy rating, and 2 have given a strong buy rating for MHK.

Consensus Price Target

$159.17
33.57% Upside
According to the 13 analysts' twelve-month price targets for Mohawk Industries, the average price target is $159.17. The highest price target for MHK is $196.00, while the lowest price target for MHK is $134.00. The average price target represents a forecasted upside of 33.57% from the current price of $119.16.
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MHK Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$159.17$162.08$156.00$105.63
Forecasted Upside33.57% Upside16.80% Upside-1.21% Downside2.44% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

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
2.77
2.57
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside33.57% Upside202.28% Upside14.53% Upside
News Sentiment Rating
Neutral News

See Recent MHK News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Wells Fargo & Company
3 of 5 stars
S. Reid
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Lower TargetEqual Weight ➝ Equal Weight$140.00 ➝ $135.00+7.57%
12/11/2024Barclays
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$146.00 ➝ $141.00+7.27%
12/4/2024Loop Capital
2 of 5 stars
 Lower TargetBuy ➝ Buy$185.00 ➝ $180.00+37.17%
10/28/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$140.00 ➝ $134.00+0.54%
10/28/2024Truist Financial
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 Lower TargetBuy ➝ Buy$184.00 ➝ $155.00+14.58%
10/21/2024Baird R W
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T. Wojs
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UpgradeHold ➝ Strong-Buy
10/21/2024Robert W. Baird
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 UpgradeNeutral ➝ Overweight$160.00 ➝ $196.00+21.70%
10/9/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$150.00 ➝ $160.00+0.63%
8/2/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$124.00 ➝ $155.00+1.77%
7/29/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$141.00 ➝ $185.00+13.50%
7/26/2024Bank of America
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 UpgradeUnderperform ➝ Buy$120.00 ➝ $177.00+31.14%
6/10/2024Raymond James
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S. Darkatsh
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UpgradeMarket Perform ➝ Strong-Buy$140.00+23.42%
2/12/2024Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$98.00 ➝ $152.00+38.17%
3/20/2023Credit Suisse Group
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 Lower Target$109.00 ➝ $103.00+9.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:29 AM ET.


MHK Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Mohawk Industries is $159.17, with a high forecast of $196.00 and a low forecast of $134.00.

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 5 hold ratings, 6 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MHK shares.

According to analysts, Mohawk Industries's stock has a predicted upside of 33.57% based on their 12-month stock forecasts.

Over the previous 90 days, Mohawk Industries's stock had 3 upgrades by analysts.

Mohawk Industries has been rated by research analysts at Baird R W, Barclays, Jefferies Financial Group, Loop Capital, Robert W. Baird, Royal Bank of Canada, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Mohawk Industries more than other "consumer discretionary" companies. The consensus rating score for Mohawk Industries is 2.77 while the average consensus rating score for "consumer discretionary" companies is 2.57. Learn more on how MHK compares to other companies.


This page (NYSE:MHK) was last updated on 12/22/2024 by MarketBeat.com Staff
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