BMO cuts Patrick Industries target to USD 100 for Patrick Industries stock

Published on 10/20/2026 at 18:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seven analysts rate Patrick Industries Buy, two Hold and one Sell. Patrick Industries stock costs EUR 59.75 on October 20, 2026 versus a USD 100.00 target.

Analyst target and valuation

BMO Capital Markets cut its target from USD 120.00 to USD 100.00 on October 13, 2026.
Seven analysts rate Patrick Industries Buy, two rate it Hold and one rates it Sell.
Patrick Industries stock costs EUR 59.75 at Lang & Schwarz on October 20, 2026 at 6:38 p.m. CEST.
The stock traded at USD 67.39 on Nasdaq on October 20, 2026, with a P/E ratio of 16.01.

PATK, US7033431039, Illustration mit AI erstellt.

Patrick Industries (ISIN US7033431039) faces a lower BMO Capital Markets target of USD 100.00, reduced from USD 120.00 in an October 13, 2026 research note. MarketBeat reported that the firm kept an Outperform rating. The target stood 48.39 percent above the USD 67.39 Nasdaq price quoted on October 20, 2026. Patrick Industries was trading at EUR 59.75 at Lang & Schwarz on October 20, 2026 at 6:38 p.m. CEST.

Analyst views remain divided

The analyst mix gives the target cut a useful counterweight. MarketBeat listed seven Buy ratings, two Hold ratings and one Sell rating, producing a Moderate Buy consensus and an average target of USD 106.78 on October 13, 2026. The BMO target was therefore USD 6.78 below that average, while still standing USD 32.61 above the Nasdaq price.

Stock position has a wide range

PATK traded at USD 67.39 on Nasdaq at 12:43 p.m. ET on October 20, 2026. Its 52-week range was USD 63.00 to USD 148.50, placing the latest Nasdaq price USD 4.39 above the low and USD 81.11 below the high. The company carried a market capitalization of USD 2.2 billion.

What does the target imply?

The valuation leaves room between the current quote and the reduced target. PATK had a price-to-earnings ratio of 16.01 and a dividend yield of 0.03 percent on October 20, 2026. Those figures put the analyst debate alongside a clearly defined earnings multiple rather than a purely price-driven comparison.

Patrick Industries stock stays measurable

The Nasdaq quote and the euro indication point to the same investor task: assess whether the lower USD 100.00 target still leaves enough room after the recent target revisions. No return forecast is implied by the target, and the stock's 52-week span remains the broader risk frame.