Mohawk Industries (NYSE:MHK) Price Target Raised to $155.00

07 Aug 2026, 02:06 by Teresa Graham · The Cerbat Gem

Mohawk Industries (NYSE:MHK – Free Report) had its target price upped by Truist Financial from $135.00 to $155.00 in a report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

MHK has been the topic of a number of other research reports. Wall Street Zen upgraded shares of Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Weiss Ratings upgraded shares of Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Robert W. Baird increased their price target on Mohawk Industries from $112.00 to $132.00 and gave the company a “neutral” rating in a report on Monday. Bank of America restated a “neutral” rating and issued a $122.00 price target (down from $149.00) on shares of Mohawk Industries in a research note on Monday, April 20th. Finally, Royal Bank Of Canada lifted their price objective on Mohawk Industries from $117.00 to $130.00 and gave the stock a “sector perform” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $130.50.

Check Out Our Latest Report on MHK

Mohawk Industries Trading Down 2.3%

Mohawk Industries stock opened at $132.62 on Tuesday. Mohawk Industries has a one year low of $92.99 and a one year high of $143.13. The business’s fifty day moving average is $113.60 and its 200 day moving average is $111.74. The stock has a market capitalization of $8.98 billion, a PE ratio of 17.57, a price-to-earnings-growth ratio of 2.00 and a beta of 1.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.92 and a quick ratio of 1.13.

Mohawk Industries (NYSE:MHK – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $3.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.58 by $1.09. The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.79 billion. Mohawk Industries had a return on equity of 7.50% and a net margin of 4.15%.Mohawk Industries’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.77 EPS. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. On average, sell-side analysts predict that Mohawk Industries will post 9.69 EPS for the current year.

Insider Buying and Selling at Mohawk Industries

In other Mohawk Industries news, CEO Jeffrey S. Lorberbaum sold 5,764 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $131.76, for a total value of $759,464.64. Following the transaction, the chief executive officer directly owned 79,625 shares in the company, valued at approximately $10,491,390. This trade represents a 6.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bernard Thiers sold 13,393 shares of Mohawk Industries stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $134.98, for a total transaction of $1,807,787.14. Following the transaction, the director owned 93,633 shares in the company, valued at $12,638,582.34. This represents a 12.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 119,882 shares of company stock valued at $14,992,118 in the last ninety days. Corporate insiders own 17.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new position in shares of Mohawk Industries during the 2nd quarter valued at approximately $43,000. Bank of New York Mellon Corp purchased a new stake in Mohawk Industries in the 2nd quarter worth approximately $35,648,000. Focus Partners Advisor Solutions LLC bought a new stake in Mohawk Industries during the 2nd quarter worth approximately $623,000. State of Wyoming purchased a new position in Mohawk Industries during the second quarter valued at approximately $2,307,000. Finally, Wilsey Asset Management Inc. lifted its holdings in Mohawk Industries by 3.6% during the second quarter. Wilsey Asset Management Inc. now owns 313,981 shares of the company’s stock valued at $38,095,000 after purchasing an additional 10,877 shares in the last quarter. Institutional investors own 78.98% of the company’s stock.

More Mohawk Industries News

Here are the key news stories impacting Mohawk Industries this week:

Positive Sentiment: Truist raised its price target from $135 to $155 and reiterated its Buy rating. The move reflects confidence in Mohawk’s earnings recovery, productivity improvements and operating performance. Wells Fargo also raised its target from $115 to $125, although it retained an Equal Weight rating. Truist price target update
Positive Sentiment: Mohawk’s latest quarterly results significantly exceeded expectations. EPS was $3.67 versus the $2.58 consensus estimate, while revenue rose 6.8% year over year to $2.99 billion, above the $2.79 billion forecast. Pricing, productivity and restructuring benefits are supporting margins despite weak housing-related demand. Mohawk earnings analysis
Neutral Sentiment: Analysts remain divided on the recovery. Baird increased its target to $132 but kept a Neutral rating, while the broader analyst consensus remains Hold with an average target of $130.50. Investors are also watching whether margin gains can persist without temporary tariff-related benefits. Analyst and margin outlook
Negative Sentiment: Several insiders sold shares in transactions disclosed this week. CEO Jeffrey S. Lorberbaum sold 59,078 shares for approximately $7.77 million, reducing his ownership substantially. Director Bernard Thiers sold 13,393 shares worth about $1.81 million, while insider Suzanne Helen sold 7,000 shares for $920,640 and CAO David Lee Repp sold 225 shares for $29,383. The sales may weigh on sentiment following the stock’s advance, although they do not necessarily indicate deteriorating fundamentals. SEC insider filings
Negative Sentiment: Weak residential flooring demand and valuation are limiting enthusiasm. Many analysts continue to use neutral ratings, and the consensus target is below recent trading levels. The key risk is that housing-market weakness could offset Mohawk’s productivity and pricing gains.

Mohawk Industries Company Profile

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Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.