HNI stock reports 120.7 percent sales growth after Q2 beat

Published on 10/04/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HNI stock stood at USD 46.82 on October 2, 2026, while the consensus target was USD 65.00. Q2 EPS reached USD 1.27 versus USD 1.04 expected, with revenue up 120.7 percent year over year.

HNI, US4042511000, Illustration mit AI erstellt.

HNI (ISIN US4042511000) reported quarterly EPS of USD 1.27 for Q2 2026 against consensus of USD 1.04, while revenue rose 120.7 percent year over year to USD 1.47 billion. On October 3, 2026, MarketBeat reported that the shares crossed above the 200-day moving average during trading.

Q2 earnings reset the baseline

The Q2 EPS result exceeded the USD 1.04 consensus by USD 0.23, but revenue of USD 1.47 billion came in below the USD 1.48 billion estimate. The split between profit and sales is important because it points to earnings conversion rather than pure top-line delivery.

HNI Corporation describes two operating segments, Workplace Furnishings and Residential Building Products. The first covers office furniture and workplace solutions, while the second sells fireplaces, inserts, stoves and related heating products.

Analysts see higher earnings ahead

According to MarketBeat, two analysts cover HNI with one Buy and one Hold rating, producing a Moderate Buy consensus and an average price target of USD 65.00. That target lies 38.8 percent above the USD 46.82 reference price.

The same review lists fiscal 2026 EPS guidance of USD 4.150-4.330 and Q3 2026 guidance of USD 1.160-1.190. It also cites a fiscal 2026 analyst consensus of USD 4.24 per share, placing the midpoint of company guidance near the market estimate.

Stock remains below its yearly high

HNI stock was last at USD 46.82 on the NYSE on October 2, 2026, at 4:00 p.m. ET, up USD 0.09 or 0.19 percent from USD 46.73. The session volume was 516,887 shares, while the 52-week range was USD 28.93 to USD 52.79.

The market capitalization was USD 3.4 billion as of October 2, 2026. For investors, the central tension is clear: Q2 EPS beat consensus, while the share price remains below its 52-week high and the sales figure missed the estimate.