Should I Buy PATK? PATK 2026 Analysis

Should You Buy Patrick Industries Inc (PATK) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

129.520

1 Day change

-0.12%

52 Week Range

135.170

Analysis Updated At

2026/01/26

Patrick Industries Inc. (PATK) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock has positive analyst ratings and a favorable long-term growth outlook, the recent financial performance shows declining net income, EPS, and gross margin. Additionally, insider selling has increased significantly, and there are no strong proprietary trading signals or immediate catalysts to suggest an optimal entry point. The investor may consider waiting for further clarity on the upcoming earnings report or improved financial trends before investing.

Technical Analysis

The technical indicators are mixed. The MACD is positive but contracting, RSI is neutral at 65.669, and the moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its pivot level of 125.368, with resistance at 132.645 and support at 118.091. However, the stock trend suggests a potential short-term decline (-0.62% next day, -3.16% next month).

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Analysts have recently raised price targets, with the highest target at $140, citing Patrick's diversified exposure, strong market position, and M&A growth.
The company has shown resilience in the recreation sector and is expanding into the aftermarket and powersports markets.

Neutral/Negative Catalysts

Insiders are selling heavily, with a 2979.61% increase in selling activity over the last month.
Financial performance in Q3 2025 showed a decline in net income (-13.61% YoY), EPS (-15.83% YoY), and gross margin (-1.37% YoY).
No significant hedge fund activity or recent congress trading data.
Stock trend analysis indicates a potential short-term decline.

Financial Performance

In Q3 2025, revenue increased by 6.11% YoY to $975.63M, but net income dropped by 13.61% YoY to $35.30M. EPS also declined by 15.83% YoY to 1.01, and gross margin fell to 20.17% (-1.37% YoY). This indicates pressure on profitability despite revenue growth.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are bullish on PATK, with multiple Buy and Overweight ratings. Recent price target increases range from $126 to $140, reflecting confidence in the company's growth potential and diversified exposure. However, some analysts note challenges in the RV sector and a lack of near-term upside catalysts.

6 Analyst Rating

Wall Street analysts forecast PATK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PATK is 115 USD with a low forecast of 99 USD and a high forecast of 126 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

1 Hold

0 Sell

Strong Buy

Current: 129.670

Low

Averages

115

High

126

Current: 129.670

Low

Averages

115

High

126

KeyBanc

Noah Zatzkin

upgrade

$120 -> $135

AI Analysis

2026-01-16

Reason

KeyBanc

Noah Zatzkin

Price Target

$120 -> $135

AI Analysis

2026-01-16

upgrade

Reason

KeyBanc analyst Noah Zatzkin raised the firm's price target on Patrick Industries to $135 from $120 and keeps an Overweight rating on the shares. The firm favors Patrick Industries given its diversified exposure and proven track record of organic and M&A growth, as well as margin execution.

Benchmark

Michael Albanese

Buy

maintain

$115 -> $140

2026-01-16

Reason

Benchmark

Michael Albanese

Price Target

$115 -> $140

2026-01-16

maintain

Buy

Reason

Benchmark analyst Michael Albanese raised the firm's price target on Patrick Industries to $140 from $115 and keeps a Buy rating on the shares. Despite a 14% year-to-date move following a roughly 30% gain in 2025, Patrick's setup "remains compelling," says the analyst, who is keeping the stock on Benchmark's Best Idea list for 2026.

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PATK Should I Buy

PATK Should I Buy

Should You Buy Patrick Industries Inc (PATK) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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