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Mohawk Industries Inc has a consensus price target of $150.76 based on the ratings of 18 analysts. The high is $185 issued by Loop Capital on July 29, 2024. The low is $100 issued by Wells Fargo on January 22, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Loop Capital, and Barclays on August 2, 2024, July 29, 2024, and July 29, 2024, respectively. With an average price target of $167 between JP Morgan, Loop Capital, and Barclays, there's an implied 5.96% upside for Mohawk Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mohawk Industries (NYSE:MHK) was reported by JP Morgan on August 2, 2024. The analyst firm set a price target for $155.00 expecting MHK to fall to within 12 months (a possible -1.65% downside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Mohawk Industries (NYSE:MHK) was provided by JP Morgan, and Mohawk Industries maintained their neutral rating.
The last upgrade for Mohawk Industries Inc happened on July 26, 2024 when B of A Securities raised their price target to $177. B of A Securities previously had an underperform for Mohawk Industries Inc.
The last downgrade for Mohawk Industries Inc happened on October 18, 2022 when B of A Securities changed their price target from $140 to $100 for Mohawk Industries Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mohawk Industries, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mohawk Industries was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.
While ratings are subjective and will change, the latest Mohawk Industries (MHK) rating was a maintained with a price target of $124.00 to $155.00. The current price Mohawk Industries (MHK) is trading at is $157.60, which is out of the analyst’s predicted range.
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