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MillerKnoll, Inc. (MLKN) Stock Forecast & Price Prediction

Live MLKN Stock Price & Analysis

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$22.12

+0.27 (1.24%)

12 Month Price Forecast For MLKN

$22.12
Current Price
$1.79B
Market Cap
2 Ratings
Buy 0
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to MLKN Price Forecasts

+71.8%
To High Target of $38.00
+49.2%
To Median Target of $33.00
+26.6%
To Low Target of $28.00

MLKN Price Momentum

+1.0%
1 Week Change
-1.2%
1 Month Change
-17.7%
1 Year Change
-2.1%
Year-to-Date Change
-30.3%
From 52W High of $31.73
+5.9%
From 52W Low of $20.89

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: January 22, 2025 7:19 PM UTC

MLKN Analyst Ratings & Price Targets

Based on our analysis of 3 Wall Street analysts, MLKN has a consensus that is neutral. The median price target is $33.00, with forecasts ranging from $28.00 to $38.00. Currently, there are 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings.

With MLKN currently trading at $22.12, the median price forecast suggests a 49.2% upside. The most optimistic forecast comes from at , projecting a 71.8% upside, while at provides the most conservative target, suggesting a 26.6% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MLKN Analyst Consensus

0
Buy
2
Hold
0
Sell

MLKN Price Target Range

Low
$28.00
Average
$33.00
High
$38.00
Current: $22.12

Latest MLKN Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MLKN.

Date Firm Analyst Rating Change Price Target
Sep 27, 2023 Craig-Hallum Alex Fuhrman Hold Maintains $25.00
Nov 30, 2022 Benchmark Reuben Garner Hold Downgrade $0.00
Sep 29, 2022 Craig-Hallum Alex Fuhrman Hold Downgrade $20.00
May 10, 2021 Craig-Hallum Buy Initiates $0.00
Sep 17, 2020 Sidoti & Co. Buy Maintains $0.00
May 22, 2020 Benchmark Buy Initiates $0.00
Feb 3, 2020 Sidoti & Co. Buy Upgrade $0.00
Dec 19, 2019 Sidoti & Co. Neutral Maintains $0.00
Oct 7, 2019 Raymond James Market Perform Downgrade $0.00
Sep 19, 2019 Sidoti & Co. Neutral Maintains $0.00
Jun 28, 2019 Raymond James Outperform Maintains $0.00
May 1, 2019 Sidoti & Co. Neutral Downgrade $0.00
Dec 21, 2018 Raymond James Outperform Maintains $0.00
Dec 26, 2017 Raymond James Outperform Upgrade $0.00
Jan 3, 2017 Raymond James Underperform Downgrade $0.00
Nov 4, 2016 Seaport Global Neutral Initiates $0.00
Jun 24, 2016 BB&T Capital Hold Downgrade $0.00
Jun 30, 2015 Longbow Research Neutral Downgrade $0.00
Jun 6, 2014 Longbow Research Buy Upgrade $0.00
Sep 24, 2013 BB&T Capital Buy Upgrade $0.00

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The following stocks are similar to MillerKnoll based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

MillerKnoll, Inc. (MLKN) Financial Data

MillerKnoll, Inc. has a market capitalization of $1.79B with a P/E ratio of 29.7x. The company generates $3.57B in trailing twelve-month revenue with a 1.8% profit margin.

Revenue growth is -6.1% quarter-over-quarter, while maintaining an operating margin of +5.1% and return on equity of +4.6%.

Valuation Metrics

Market Cap $1.79B
Enterprise Value $3.43B
P/E Ratio 29.7x
PEG Ratio 10.4x
Price/Sales 0.5x

Growth & Margins

Revenue Growth (YoY) -6.1%
Gross Margin +39.0%
Operating Margin +5.1%
Net Margin +1.8%
EPS Growth -6.1%

Financial Health

Cash/Price Ratio +13.7%
Current Ratio 1.6x
Debt/Equity 129.3x
ROE +4.6%
ROA +3.5%

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MillerKnoll, Inc. (MLKN) Company Overview

About MillerKnoll, Inc.

What They Do

Designs and manufactures interior furnishings globally.

Business Model

MillerKnoll operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail, generating revenue by selling a wide range of interior furnishings including seating, furniture systems, textiles, and healthcare solutions. The company distributes its products via independent dealers, direct sales, e-commerce, and retail outlets, targeting various markets such as institutional, residential, and educational environments.

Additional Information

Founded in 1905 and headquartered in Zeeland, Michigan, MillerKnoll was previously known as Herman Miller, Inc. The company boasts a diverse portfolio of well-known brands and products that cater to multiple sectors, enhancing its market reach and presence.

Company Information

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances

Employees

10,200

CEO

Ms. Andrea R. Owen

Country

United States

IPO Year

1981

MillerKnoll, Inc. (MLKN) Latest News & Analysis

MLKN stock latest news image
Quick Summary

MillerKnoll, Inc. (NASDAQ: MLKN) will hold its Q2 2025 Earnings Conference Call on December 18, 2024, at 5:00 PM ET, featuring key executives from the company.

Why It Matters

The earnings call provides insights into MillerKnoll's financial performance and future outlook, influencing investor sentiment and potential stock price movements.

Source: Seeking Alpha
Market Sentiment: Neutral
MLKN stock latest news image
Quick Summary

MillerKnoll Inc. (NASDAQ: MLKN) announced its second-quarter results for fiscal year 2025, ending November 30, 2024. Further details on performance were not provided in the excerpt.

Why It Matters

MillerKnoll's Q2 fiscal results impact stock performance, indicating financial health and future growth potential, influencing investor sentiment and market positioning.

Source: PRNewsWire
Market Sentiment: Neutral
MLKN stock latest news image
Quick Summary

MillerKnoll Inc. shares fell after hours following a revised full-year profit outlook due to slower macroeconomic improvements and a tight housing market.

Why It Matters

MillerKnoll's lowered profit outlook signals potential challenges in consumer spending and housing demand, impacting future earnings and investor confidence.

Source: Market Watch
Market Sentiment: Negative
MLKN stock latest news image
Quick Summary

MillerKnoll's fiscal Q2 results showed a slight EPS miss but a significant revenue beat. The stock is under pressure due to margin squeezes, rising costs, and high debt concerns.

Why It Matters

MillerKnoll's mixed earnings signal challenges ahead, with high debt and low net margins weighing on performance, despite strong revenue and cash flow. Caution is warranted for potential volatility.

Source: Seeking Alpha
Market Sentiment: Negative
MLKN stock latest news image
Quick Summary

MillerKnoll, Inc. (NASDAQ: MLKN) will release its Q2 fiscal 2025 financial results on December 18, 2024, after market close.

Why It Matters

MillerKnoll's upcoming financial results announcement can impact stock prices and investor sentiment, influencing trading strategies and market expectations.

Source: PRNewsWire
Market Sentiment: Neutral
MLKN stock latest news image
Quick Summary

MillerKnoll reported Q1 results indicating potential positives, though overall investor confidence remains cautious.

Why It Matters

MillerKnoll's mixed Q1 results indicate potential growth but also uncertainty, affecting investor confidence and stock volatility.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About MLKN Stock

What is MillerKnoll, Inc.'s (MLKN) stock forecast for 2025?

Based on our analysis of 3 Wall Street analysts, MillerKnoll, Inc. (MLKN) has a median price target of $33.00. The highest price target is $38.00 and the lowest is $28.00.

Is MLKN stock a good investment in 2025?

According to current analyst ratings, MLKN has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $22.12. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MLKN stock?

Wall Street analysts predict MLKN stock could reach $33.00 in the next 12 months. This represents a 49.2% increase from the current price of $22.12. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is MillerKnoll, Inc.'s business model?

MillerKnoll operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail, generating revenue by selling a wide range of interior furnishings including seating, furniture systems, textiles, and healthcare solutions. The company distributes its products via independent dealers, direct sales, e-commerce, and retail outlets, targeting various markets such as institutional, residential, and educational environments.

What is the highest forecasted price for MLKN MillerKnoll, Inc.?

The highest price target for MLKN is $38.00 from at , which represents a 71.8% increase from the current price of $22.12.

What is the lowest forecasted price for MLKN MillerKnoll, Inc.?

The lowest price target for MLKN is $28.00 from at , which represents a 26.6% increase from the current price of $22.12.

What is the overall MLKN consensus from analysts for MillerKnoll, Inc.?

The overall analyst consensus for MLKN is neutral. Out of 3 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $33.00.

How accurate are MLKN stock price projections?

Stock price projections, including those for MillerKnoll, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.