Mohawk Industries Inc. ($MHK) Stock Forecast: Up 6.4% Today

What is Mohawk Industries Inc.?

Mohawk Industries (MHK) in the Building Products sector was recently downgraded by Wolfe Research. The firm cited normalized valuation relative to its peers as the reason for the shift from Outperform to Peerperform. Wolfe Research believes potential equity upside for MHK will depend more on valuation improvement than earnings performance.

Why is Mohawk Industries Inc. going up?

MHK stock is up 6.4% on Jan 9, 2026 14:45

• MHK stock saw a significant bullish movement recently.
• The surge in MHK stock price could be linked to investor optimism following recent downgrades by Wolfe Research and others, with market reactions potentially already factoring in these changes.
• Positive sentiment in the Building Products sector, driven by expectations of repair and remodel volume recovery, may have also influenced the stock's movement.
• Additionally, the partnership announcement between Babcock & Wilcox and Siemens Energy regarding an AI data center could have boosted market sentiment, indirectly benefiting companies like MHK within the sector.

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Babcock & Wilcox stock soars after Siemens Energy partnership for AI data center

Babcock & Wilcox stock surged by 19.1% after announcing a partnership with Siemens Energy. Siemens Energy will provide steam turbine generator sets for B&W's one-gigawatt power project, specifically for an Applied Digital AI Factory. This collaboration is set to deliver power generation solutions for data centers significantly faster than traditional methods, meeting the growing energy demands of the AI market.

https://www.investing.com/news/stock-market-news/babcock--wilcox-stock-soars-after-siemens-energy-partnership-for-ai-data-center-93CH-4437599

Wolfe Research downgrades Mohawk Industries stock on valuation normalization

Wolfe Research downgraded Mohawk Industries (NYSE:MHK) from Outperform to Peerperform, citing normalized valuation relative to its peers. While the anticipated repair and remodel recovery is now expected in 2027, MHK's valuation discount has significantly narrowed, leading to the downgrade despite being a strong performer in the Building Products sector since its previous upgrade. The firm noted that future equity upside for MHK would likely depend on valuation improvement rather than earnings outperformance.

https://www.investing.com/news/analyst-ratings/wolfe-research-downgrades-mohawk-industries-stock-on-valuation-normalization-93CH-4434597

Mohawk Industries (MHK) Downgraded by Wolfe Research to Peer Per

Wolfe Research has downgraded Mohawk Industries (MHK) from 'Outperform' to 'Peer Perform', reflecting a continued cautious outlook from analysts. This downgrade follows several other analyst actions, including lowered price targets from firms like Wells Fargo and Jefferies, indicating investor attention should be paid to further developments. Despite the recent downgrades, the average target price from 18 analysts still suggests a potential upside from its current price, while GuruFocus estimates a more modest upside based on its fair value calculations.

https://www.gurufocus.com/news/4100023/mohawk-industries-mhk-downgraded-by-wolfe-research-to-peer-perform-mhk-stock-news

Sm energy stock hits 52-week low at $17.57

SM Energy Co.'s stock dropped to a 52-week low of $17.57, reflecting a challenging market and a 55.32% decline over the past year due to sector trends, debt, and negative free cash flow. Despite this, InvestingPro rates its financial health as "GOOD," with analysts projecting a $5.58 EPS for fiscal year 2025 and indicating the stock is significantly undervalued. Recent news includes beating EPS expectations for Q2 2025, a declared dividend, and a lowered price target from KeyBanc Capital Markets while maintaining an "Overweight" rating, citing confidence in the Civitas merger.

https://www.investing.com/news/company-news/sm-energy-stock-hits-52week-low-at-1757-93CH-4435492

Wolfe Research downgrades Mohawk Industries stock on valuation normalization By Investing.com

Wolfe Research has downgraded Mohawk Industries (NYSE:MHK) from Outperform to Peerperform, citing a normalized valuation relative to its peers. Although the anticipated recovery in repair and remodel volumes has not materialized, MHK's valuation discount has significantly narrowed since Wolfe's upgrade in January 2025. Mohawk has notably outperformed the Building Products sector since the upgrade, but future equity upside is expected to rely more on valuation improvement than earnings outperformance.

https://uk.investing.com/news/analyst-ratings/wolfe-research-downgrades-mohawk-industries-stock-on-valuation-normalization-93CH-4441878

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Mohawk Industries Inc. Price History

25.09.2024 - MHK Stock was down 12.6%

• Despite surpassing earnings and revenue expectations in Q3, MHK faced a decline in its stock value due to decreased net sales and a conservative outlook for Q4.
• The softening residential market led to a drop in sales, impacting MHK's overall performance and causing unease among investors.
• The market's negative response to the company's cautious forecast for the next quarter overshadowed the previous quarter's positive earnings results.
• Investors are questioning MHK's ability to maintain its impressive earnings performance in challenging market conditions, contributing to the downward trend.

25.09.2024 - MHK Stock was down 9.6%

• Despite outperforming earnings and revenue expectations, MHK witnessed a downward movement, potentially linked to worries about diminishing sales in the residential sector.
• Shareholders might have been dissatisfied with the subdued residential market performance seen in the Q3 outcomes, prompting a sell-off of the stock.
• The company's emphasis on strategic reorganization to tackle market obstacles could signal promising long-term prospects, even though immediate market sentiment seems to have been affected by the decrease in sales.

24.09.2025 - MHK Stock was down 5.1%

• Mohawk Industries (MHK) observed a notable decline of over 3% in its stock value in the pre-market trading after announcing its third-quarter financial results.
• The company's earnings report for Q3 fell below expectations, with both profits and revenue failing to meet projected figures.
• Concerns arose among investors regarding Mohawk Industries' ability to address subdued demand in residential markets and margin challenges in Q3, despite pricing improvements and new product introductions.
• The market's response was pessimistic, indicating apprehensions about Mohawk Industries' performance and future prospects, resulting in the decline of the stock price.

05.00.2026 - MHK Stock was up 2.9%

• Reduction of Olstein Capital Management L.P.'s MHK holdings by 21.4% amid the challenging housing market points to concerns regarding the company's short-term outlook.
• Insider sales totaling $1.95 million over the past three months have possibly influenced short-term negative perceptions surrounding MHK's stock.
• Despite these hurdles, institutional investors have displayed confidence in MHK through increased ownership, underscoring faith in the company's future prospects.
• The prevailing bearish sentiment in the housing sector has capped MHK's growth prospects, yet the company's strategic moves, such as the introduction of a new share buyback program, could signify a promising trajectory ahead.

08.00.2026 - MHK Stock was up 6.8%

• MHK stock saw a notable increase in value today, reflecting a positive overall market sentiment.
• The rise in MHK's stock price may be linked to increased investor confidence following recent geopolitical events in Venezuela, prompting a more risk-tolerant attitude among investors.
• Despite some analysts recently lowering their ratings due to valuation concerns, collaborative announcements and favorable market conditions appear to have overshadowed these issues, contributing to the upward movement of MHK stock.
• Collaborations such as Babcock & Wilcox and Siemens Energy working together on AI data centers could also be a factor in the optimistic outlook for MHK, hinting at potential growth prospects in related industries.

22.09.2024 - MHK Stock was down 5.1%

• The decline in Mohawk Industries' stock value today is linked to expectations of decreased sales in the third quarter of 2024, largely due to a sluggish residential market.
• While the company's restructuring efforts could offer some stability, investor confidence in the sales trajectory remains tentative.
• Investor sentiment towards Mohawk Industries today may also have been influenced by comparisons with other consumer discretionary stocks like Crocs (CROX) within the same sector.

09.00.2026 - MHK Stock was up 6.4%

• MHK stock saw a significant bullish movement recently.
• The surge in MHK stock price could be linked to investor optimism following recent downgrades by Wolfe Research and others, with market reactions potentially already factoring in these changes.
• Positive sentiment in the Building Products sector, driven by expectations of repair and remodel volume recovery, may have also influenced the stock's movement.
• Additionally, the partnership announcement between Babcock & Wilcox and Siemens Energy regarding an AI data center could have boosted market sentiment, indirectly benefiting companies like MHK within the sector.

25.06.2025 - MHK Stock was up 5.1%

• Surprising investors, Mohawk Industries (MHK) exceeded Q2 earnings and revenue estimates, reflecting strong financial performance.
• Analyst projections for key metrics suggested a favorable outcome for the company's Q2 earnings, contributing to the upward momentum in the stock.
• Despite worries about soft demand, increasing costs, and restructuring activities, Mohawk Industries surpassed expectations, elevating investor confidence and driving the stock price up.
• The company's better-than-expected results and positive future outlook may have been factors behind the bullish market movement for Mohawk Industries (MHK) today.

02.04.2025 - MHK Stock was down 5.0%

• MHK exceeded Q1 earnings expectations but faced significant bearish movement in its stock.
• The market's reaction could be attributed to factors beyond the earnings results, possibly including concerns about future guidance and macroeconomic conditions.
• Investors may be capitalizing on recent growth by selling shares, leading to a temporary decline in stock price.
• Considering the overall market sentiment and external influences on investor trust in MHK is crucial, despite the positive earnings outcome.

22.06.2025 - MHK Stock was up 5.0%

• Optimism surrounds MHK's Q2 earnings, with analysts looking beyond traditional metrics.
• MHK is preparing to release its Q2 earnings amidst soft demand and rising costs, supported by ongoing restructuring efforts.
• Options traders are expecting notable volatility in MHK stock.
• The bullish movement in MHK is possibly linked to positive sentiment ahead of its earnings and anticipation of improved financial performance.

07.00.2026 - MHK Stock was down 3.9%

• Mohawk Industries (MHK) saw diminished performance due to recent downgrades by Wolfe Research and other companies, changing its rating from 'Outperform' to 'Peer Perform'. Concerns revolved around valuation compared to industry peers and subdued expectations for repair and remodel volumes.
• Despite the recent decline, analysts' average price target indicates a potential upside from the current price, showing a diversity of views among investors on MHK's future outlook.
• Market sentiment, sparked by a U.S. military operation in Venezuela, favored companies like Boyd Gaming and Comfort Systems USA, experiencing stock price gains. Nonetheless, MHK's movement was more influenced by internal factors like valuation worries and analyst downgrades rather than general market dynamics.

10.11.2025 - MHK Stock was up 5.1%

• The bullish movement in MHK stock today can be attributed to several factors:
• Institutional investors like Invesco Ltd. increasing their stake in the company by 7.4% during the second quarter, signaling confidence in Mohawk Industries' future prospects.
• Despite Ariel Investments LLC selling some shares, the fact that Mohawk Industries remains a significant portion of their investment portfolio indicates sustained interest in the company.
• Analysts adjusting price targets and maintaining ratings on MHK, such as a revision of the price target to $121, can influence investor sentiment positively.
• The insider selling activity, totaling US$9.5 million, might have initially raised concerns, but the overall market seems to have focused more on the institutional investments and analyst ratings, leading to the bullish movement in the stock.