MHK, US6081901042

Mohawk Industries stock gains 1.10 percent in trading

Published on 09/29/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 adjusted EPS reached USD 3.67 versus USD 2.58 consensus on July 30, 2026. Mohawk Industries stock carries a USD 129.00 Evercore target after a cut from USD 132.00.

MHK, US6081901042, Illustration mit AI erstellt.

Mohawk Industries stock (ISIN US6081901042) was trading at EUR 110.63 at Lang & Schwarz on September 29, 2026 at 3:09 p.m. CEST, up 1.10 percent versus the prior close of EUR 109.43. The flooring producer's latest quarterly figures and a fresh analyst target change give investors two concrete benchmarks for the shares.

Q2 earnings beat consensus

According to MarketMinute, Mohawk reported second-quarter 2026 net sales of USD 2.99 billion on July 30, 2026, up 6.8 percent from the prior-year quarter. Adjusted EPS was USD 3.67, compared with the USD 2.58 consensus estimate, while reported EPS was USD 3.22.

The comparison matters because the adjusted result exceeded consensus by USD 1.09, but the quarter also included tariff refunds. The company guided to third-quarter 2026 adjusted EPS of USD 2.50-2.60, including USD 0.12 from additional tariff refunds, and a baseline range of USD 2.38-2.48 excluding those items, according to Yahoo Finance on July 31, 2026.

Evercore lowers its target

On September 25, 2026, TradingView reported that Evercore ISI maintained its In-Line rating but reduced its price target from USD 132.00 to USD 129.00. The revised target is USD 18.37 above the September 28 NYSE close of USD 110.63 only when compared across currencies? That comparison is not valid, so the target is presented separately from the euro quote.

The latest USD 129.00 target sits below the USD 155.00 high target listed in Yahoo Finance's September 2026 analyst overview, while the average target was USD 135.57. Mohawk's investor-relations overview describes a global flooring business serving residential and commercial spaces with hard and soft surface products, including ceramic tile, carpet, laminate and vinyl, as shown by Mohawk Industries.

Stock gains in afternoon trading

At Lang & Schwarz, Mohawk Industries was trading at EUR 110.63 on September 29, 2026 at 3:09 p.m. CEST, up 1.10 percent versus the EUR 109.43 prior close from September 28, 2026. On the NYSE, the stock closed at USD 124.43 on September 28, 2026.