MHK, US6081901042

Mohawk Industries stock gains after Truist raises target

Published on 09/19/2026 at 20:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mohawk Industries stock trades at USD 126.09 on September 19, 2026, after Truist raised its target from USD 135 to USD 155. Q2 2026 revenue was USD 2.99 billion and EPS was USD 3.67.

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Mohawk Industries stock (ISIN US6081901042) traded at USD 126.09 on September 19, 2026, and the latest catalyst was Truist Securities lifting its price target from USD 135 to USD 155 while keeping a Buy rating, as Investing.com reported on September 19, 2026. The move came after Mohawk Industries reported Q2 2026 adjusted EPS of USD 3.67 and revenue of USD 2.99 billion.

Q2 numbers still matter

In the same coverage, Investing.com said the quarter beat Wall Street's estimates of USD 2.58 EPS and USD 2.79 billion in revenue. Revenue rose 6.8 percent year on year, with the report tying the gain to volume growth, pricing and a better product mix.

MarketBeat also said on September 19, 2026 that Mohawk Industries posted a return on equity of 7.50 percent and a net margin of 4.15 percent for the quarter, while the company set Q3 2026 guidance at 2.380 to 2.480 EPS. That gives investors a clear split: the latest quarter beat expectations, but the next quarter still carries a narrow earnings band.

Stock price and range

At USD 126.09 on the NYSE, Mohawk Industries stock sat below the 52-week peak from the latest market snapshot on September 19, 2026, while the six-month return cited in the same Investing.com report was 28 percent. For investors, the key question is whether the stronger quarter and higher target can keep the shares near this level.