MillerKnoll stock sits 29.77 percent below StoneX target of USD 30.00

Published on 10/17/2026 at 20:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 3.40 percent in first-quarter fiscal 2027. MillerKnoll stock was last at EUR 18.75 on October 16, 2026, down 2.81 percent on Nasdaq.

Analyst target and operating results

StoneX analyst Reuben Garner set a USD 30.00 target and upgraded MillerKnoll on October 6, 2026.
First-quarter fiscal 2027 revenue fell 3.40 percent to USD 923.4 million, while net income rose 32.00 percent to USD 26.6 million.
MillerKnoll stock was last at EUR 18.75 at Lang & Schwarz on October 16, 2026, down 2.81 percent on Nasdaq versus the prior close.
MillerKnoll is expected to report its next results on December 16, 2026, and trades at a trailing P/E ratio of 14.94.

MLKN, US6005441000, Illustration mit AI erstellt.

StoneX analyst Reuben Garner upgraded MillerKnoll from Hold to Buy and set a USD 30.00 price target on October 6, 2026, according to Markets Insider. The target stands 29.77 percent above the Nasdaq price of USD 21.07 on October 16, 2026. With Nasdaq closed on October 17, 2026, MillerKnoll was last at EUR 18.75 at Lang & Schwarz on October 16, 2026, down 2.81 percent on Nasdaq versus the prior close of October 16, 2026.

Revenue slips as profit improves

MillerKnoll reported USD 923.4 million of revenue in the first quarter of fiscal 2027, down 3.40 percent from the year-earlier quarter. Net income attributable to common shareholders rose 32.00 percent to USD 26.6 million, while diluted earnings per share increased to USD 0.38 from USD 0.29.

The results point to a mixed operating picture. Revenue missed analyst estimates by 2.10 percent, but earnings per share exceeded expectations by 36.00 percent. The operating margin was 6.00 percent in the quarter ended August 29, 2026. These figures were reported in the results summary published by Simply Wall St.

Stock remains below its yearly high

On Nasdaq, MillerKnoll traded at USD 21.07 on October 16, 2026, with a session range of USD 20.85 to USD 22.18. Its 52-week range was USD 13.77 to USD 24.71, putting the latest Nasdaq price 14.73 percent below the high. The stock was up 18.60 percent year to date, compared with an 11.89 percent gain for the S&P 500, according to Yahoo Finance.

Valuation and upcoming results

MillerKnoll had a market capitalization of USD 1.4 billion on October 16, 2026. Its trailing P/E ratio was 14.94, and the indicated dividend yield was 3.46 percent. Yahoo Finance listed December 16, 2026 as the estimated next earnings date. The StoneX target of USD 30.00 remains the clearest dated analyst reference in the recent coverage.

Comparison with peers

MLKN (Nasdaq, USD): minus 2.81 percent, P/E 14.94, market capitalization USD 1.4 billion
Steelcase (NYSE, USD): plus 0.12 percent, P/E 40.35, market capitalization USD 1.9 billion
HNI Corporation (NYSE, USD): minus 0.40 percent, P/E 520.67, market capitalization USD 3.4 billion

What the price frame shows

MillerKnoll combines a lower revenue base with stronger quarterly profit and a positive year-to-date return. The next test is whether the December results can support the analyst view while the stock trades below its 52-week high.

The last available euro quote was EUR 18.75 at Lang & Schwarz on October 16, 2026 at 10:58 p.m. CEST, down 2.81 percent on Nasdaq versus the prior close of October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of MillerKnoll stock.