Truist Raises its Price Target on Mohawk Industries, Inc. (MHK) to $155 and Maintains a Buy Rating

Mohawk Industries, Inc. (NYSE:MHK) is among the 11 Best High Growth Consumer Stocks to Buy Right Now.

Truist Raises its Price Target on Mohawk Industries, Inc. (MHK) to $155 and Maintains a Buy Rating

On February 17, 2026, Truist analyst Keith Hughes raised the price target on Mohawk Industries, Inc. (NYSE:MHK) to $155 from $148 and maintained a Buy rating. Keith Hughes cited mixed quarterly results with demand remaining weak, though Remove/Replace trends were somewhat better than new construction. Keith Hughes added that the stock has experienced a dramatic multiple contraction and that substantial share repurchases could begin to shift the narrative.

Also on February 17, 2026, RBC Capital raised its price target to $135 from $122 and kept a Sector Perform rating following a Q4 earnings beat, noting that management’s outlook assumes a second-half volume recovery that remains elusive, while valuation appears relatively inexpensive. Evercore ISI raised its price target the same day to $143 from $118 and maintained an In Line rating after updating estimates post Q4.

On February 17, 2026, Evercore ISI raised the firm’s price target on Mohawk Industries to $143 from $118 and kept an In Line rating on the shares. The firm updated its estimates following the company’s Q4 report.

On February 12, 2026, Mohawk reported Q4 revenue of $2.7B, above consensus of $2.68B. Chairman and CEO Jeff Lorberbaum said results were “in line with our expectations,” with earnings benefiting from productivity, restructuring initiatives, product mix, and lower interest expense, partially offset by pricing pressure and higher input costs. Jeff Lorberbaum noted stable commercial demand but continued weakness in U.S. housing turnover and new construction. For the year, the company generated approximately $621 million in free cash flow and repurchased about 1.3 million shares for approximately $150 million

Mohawk Industries, Inc. (NYSE:MHK) designs, manufactures, and markets flooring products across residential remodeling, commercial, and new construction channels globally.

While we acknowledge the potential of MHK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MHK and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

Disclosure: None.