MHK, US6081901042

Truist keeps USD 155 target for Mohawk Industries stock

Published on 10/20/2026 at 18:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 2.99 billion in the second quarter. Mohawk Industries stock costs EUR 104.98 at Lang & Schwarz on October 20, 2026.

Truist maintains its target

Truist Securities kept its Buy rating and USD 155.00 target on October 20, 2026.
Second-quarter revenue reached USD 2.99 billion, up 6.80 percent from the prior year.
Mohawk Industries stock was trading at EUR 104.98 at Lang & Schwarz on October 20, 2026 at 6:34 p.m. CEST.
Third-quarter results are scheduled for October 29, 2026.

MHK, US6081901042, Illustration mit AI erstellt.

Truist Securities kept its Buy rating and USD 155.00 price target for Mohawk Industries on October 20, 2026, according to Interior Daily. The flooring manufacturer reported second-quarter revenue of USD 2.99 billion, up 6.80 percent from the prior year, while adjusted earnings per share reached USD 3.67, according to the Yahoo Finance transcript. After the Xetra close, the stock was trading at EUR 104.98 at Lang & Schwarz on October 20, 2026 at 6:34 p.m. CEST.

Truist sees room above the price

Truist's USD 155.00 target stands 31.28 percent above the NYSE price of USD 118.07 at 12:38 p.m. ET on October 20, 2026. The target remains materially higher than the current US quotation, while the euro quote provides the trading reference for investors in Germany.

The same report said Mohawk would raise prices by 7.00 percent from January 4, 2027. Truist expects petrochemical raw materials to remain a larger cost risk than European gas, with those materials accounting for more than 60.00 percent of carpet production costs, according to Interior Daily.

What does the second quarter mean?

Mohawk's second-quarter adjusted gross margin was 27.40 percent, up 100 basis points from the prior year. Adjusted operating income reached USD 290.00 million, equal to 9.70 percent of sales, while tariff refunds contributed USD 0.63 to adjusted earnings per share, according to Yahoo Finance. The figures show why the coming report will be important for separating operating progress from one-time tariff benefits.

Results date is October 29

Mohawk is scheduled to release third-quarter 2026 results on October 29, 2026, followed by its earnings call on October 30, 2026 at 11:00 a.m. ET, according to the company's investor-relations calendar. Management previously outlined baseline third-quarter adjusted earnings per share of USD 2.38 to USD 2.48, excluding tariff refunds and restructuring charges.

Price stays below the analyst target

Mohawk Industries has a market capitalization of USD 7.1 billion and a 52-week range of USD 92.99 to USD 140.30 as of October 20, 2026. The NYSE quote of USD 118.07 was below its yearly high, while the Lang & Schwarz euro price was EUR 104.98 after the Xetra close on October 20, 2026 at 6:34 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Mohawk Industries stock.