Should I Buy MLKN? MLKN 2026 Analysis

Should You Buy MillerKnoll Inc (MLKN) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

19.390

1 Day change

1.21%

52 Week Range

22.920

Analysis Updated At

2026/01/26

MillerKnoll Inc (MLKN) is not a strong buy at the moment for a beginner investor with a long-term focus. The stock is experiencing a downward price trend, lacks positive catalysts, and has weak financial performance in the latest quarter. While the technical indicators show some mixed signals, the absence of significant trading sentiment or influential buying activity suggests a hold position for now.

Technical Analysis

The MACD is negative and expanding downward, indicating bearish momentum. RSI is neutral at 55.058, showing no clear overbought or oversold condition. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), but the stock is trading below the pivot point of 19.364, with key support at 18.477 and resistance at 20.25. Overall, the technical indicators suggest mixed signals with a slight bearish bias.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The low put-call ratios indicate a lack of bearish sentiment in the options market, but the overall volume is minimal, suggesting limited trading activity and sentiment.

Technical Summary

Sell

Buy

Positive Catalysts

Gross margin increased slightly by 0.31% YoY, showing some operational efficiency improvement.

Neutral/Negative Catalysts

No recent news or significant trading activity from insiders, hedge funds, or Congress. The stock is expected to decline by 1.23% in the next day and lacks strong upward momentum.

Financial Performance

In Q2 2026, the company reported a revenue decline to $955.2M (-1.57% YoY), net income dropped to $24.2M (-29.03% YoY), and EPS fell to $0.35 (-28.57% YoY). Gross margin slightly improved to 38.97% (+0.31% YoY), but overall financial performance is weak.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No data on recent analyst ratings or price target changes is available.

Analyst Rating

Wall Street analysts forecast MLKN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MLKN is 0 USD with a low forecast of 0 USD and a high forecast of 0 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.

Buy