Mohawk Industries Inc saw a price increase of 7.18%, reaching a 20-day high, even as the broader market faced declines with the Nasdaq-100 down 0.79% and the S&P 500 down 0.09%.
This surge comes amid sector rotation, as investors are shifting their focus towards companies in the flooring and building materials sector, despite the overall market weakness. The stock's performance indicates a strong interest in Mohawk Industries, which may be benefiting from specific trends in home improvement and construction.
The implications of this movement suggest that Mohawk Industries could continue to attract investor interest, particularly if the sector remains strong and the company can capitalize on ongoing trends in residential and commercial construction.
Wall Street analysts forecast MHK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MHK is 131.88 USD with a low forecast of 110.00 USD and a high forecast of 154.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast MHK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MHK is 131.88 USD with a low forecast of 110.00 USD and a high forecast of 154.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 119.740
Low
110.00
Averages
131.88
High
154.00
Current: 119.740
Low
110.00
Averages
131.88
High
154.00
Wolfe Research
Trevor Allinson
Outperform -> Peer Perform
downgrade
2026-01-07
Reason
Wolfe Research
Trevor Allinson
Price Target
AI Analysis
2026-01-07
downgrade
Outperform -> Peer Perform
Reason
Wolfe Research analyst Trevor Allinson downgraded Mohawk Industries to Peer Perform from Outperform without a price target. The stock's 2025 outperformance narrowed the company's valuation discount versus peers, the analyst tells investors in a research note. The firm says that with a remove and replace recovery increasingly unlikely in the first half of 2026, Mohawk's path to outperformance is less clear than a year ago.
Wells Fargo
Equal Weight
downgrade
$125 -> $110
2025-12-15
Reason
Wells Fargo
Price Target
$125 -> $110
2025-12-15
downgrade
Equal Weight
Reason
Wells Fargo lowered the firm's price target on Mohawk Industries to $110 from $125 and keeps an Equal Weight rating on the shares. Amidst late 2025 skepticism, the housing playbook for 2026 is complicated, the firm says. Its strategy is to lean into attractively valued quality. Opportunities to move up the risk curve will eventually materialize but not quite yet, Wells adds.
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Jefferies
Hold
downgrade
$134 -> $128
2025-12-15
Reason
Jefferies
Price Target
$134 -> $128
2025-12-15
downgrade
Hold
Reason
Jefferies lowered the firm's price target on Mohawk Industries to $128 from $134 and keeps a Hold rating on the shares. With residential construction expected to remain soft to start 2026, the firm prefers consumer facing companies that have pricing power, the analyst tells investors in a 2026 building products outlook note.
Barclays
Equal Weight
downgrade
$122 -> $121
2025-12-08
Reason
Barclays
Price Target
$122 -> $121
2025-12-08
downgrade
Equal Weight
Reason
Barclays lowered the firm's price target on Mohawk Industries to $121 from $122 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and targets in the homebuilding and building products group as part of its 2026 outlook. Barclays expects another year of declines in single-family housing starts, saying the housing market "remains far from balanced." This leaves the homebuilder stocks "volatile, with no cycle call to be made," the analyst tells investors in a research note. Barclays believes building products and brokerage names can outperform despite weakness in new residential. It views building products and distributors as more compelling than homebuilders entering 2026.
About MHK
Mohawk Industries, Inc. is a flooring manufacturer that creates products to enhance residential and commercial spaces around the world. Its segments include Global Ceramic, Flooring North America (Flooring NA) and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment designs, manufactures, sources, distributes and markets a line of ceramic, porcelain and natural stone tile products used for floor and wall applications in residential and commercial channels. Flooring NA segment designs, manufactures, sources, distributes and markets a range of floor covering products, including broadloom carpet, carpet tile, rugs and mats, carpet pad, laminate, medium-density fiberboard (MDF), wood flooring, LVT and sheet vinyl. Flooring ROW segment designs, manufactures, sources, distributes and markets a variety of laminate, LVT and sheet vinyl, wood flooring, broadloom carpet and carpet tile collections used in residential and commercial markets for remodeling and new construction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
