MHK, US6081901042

Melius sets USD 188.00 target for Mohawk Industries stock

Published on 10/17/2026 at 19:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mohawk reports results on October 30, 2026. Mohawk Industries stock closed at USD 120.29 on October 16, 2026, down 2.91 percent on NYSE.

Melius updates the stock outlook

Melius Research set a USD 188.00 target and Buy rating on October 6, 2026.
Mohawk Industries is scheduled to report third-quarter results on October 30, 2026.
Mohawk Industries stock closed at USD 120.29 at 4:00 p.m. ET on October 16, 2026, down 2.91 percent on the NYSE.
The stock had a price-to-earnings ratio of 15.93 and a market capitalization of USD 7.3 billion.

MHK, US6081901042, Illustration mit AI erstellt.

Melius Research initiated coverage of Mohawk Industries with a Buy rating and a USD 188.00 price target on October 6, 2026, according to MarketBeat. The target stood 56.31 percent above the October 16, 2026 closing price in the same currency. Mohawk Industries closed at USD 120.29 on October 16, 2026 at 4:00 p.m. ET on the NYSE.

Results date sets the next marker

Mohawk Industries is scheduled to report third-quarter results on October 30, 2026, with an earnings call at 11:00 a.m. ET, according to the company's investor-relations calendar at Mohawk Industries. The date gives the analyst target a defined near-term event window.

Quarterly revenue reached USD 2.99 billion

For the second quarter of 2026, revenue was USD 2.99 billion, up 6.80 percent from USD 2.79 billion in the consensus estimate. Adjusted earnings per share reached USD 3.67 versus USD 2.58 expected, according to MarketBeat. The company also set third-quarter adjusted earnings-per-share guidance at USD 2.380-2.480.

Price position and valuation

The October 16 closing price was USD 19.?? above the 52-week low of USD 92.99 and USD 20.01 below the 52-week high of USD 140.30. Mohawk Industries had a market capitalization of USD 7.3 billion and a price-to-earnings ratio of 15.93. The stock's reported volume was 1,773,464 shares against an average volume of 1,035,765 shares.

Comparison with peers

MHK (NYSE, USD): minus 2.91 percent, P/E 15.93, market capitalization USD 7.3 billion.

Floor & Decor Holdings (NYSE, USD): minus 1.11 percent, P/E 21.05, market capitalization USD 4.8 billion.

Interface (Nasdaq, USD): plus 0.78 percent, P/E 14.67, market capitalization USD 2.1 billion.

Price and investor calendar

The October 16 close put Mohawk Industries below the USD 188.00 Melius target while the next scheduled corporate date is October 30, 2026. The earnings release and call will provide the next company-specific test for the guidance range and the valuation.

Mohawk Industries closed at USD 120.29 on October 16, 2026 at 4:00 p.m. ET on the NYSE. The daily move was minus 2.91 percent versus the October 15, 2026 closing price of USD 123.90.