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Home โบ Stocks โบ Patrick Industries Inc. (PATK) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Cyclical | Furnishings, Fixtures & Appliances
$106.93
+4.03 (3.92%)Did PATK Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Patrick Industries is one of their latest high-conviction picks.
Based on our analysis of 15 Wall Street analysts, PATK has a bullish consensus with a median price target of $140.00 (ranging from $95.00 to $155.00). The overall analyst rating is Strong Buy (8.2/10). Currently trading at $106.93, the median forecast implies a 30.9% upside. This outlook is supported by 7 Buy, 2 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Noah Zatzkin at Keybanc, projecting a 45.0% upside. Conversely, the most conservative target is provided by Joseph Altobello at Raymond James, suggesting a 11.2% downside.
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.
These are the latest 20 analyst ratings and price targets for PATK.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 16, 2026 | Roth Capital | Scott Stember | Buy | Maintains | $140.00 |
| Apr 9, 2026 | Keybanc | Noah Zatzkin | Overweight | Maintains | $140.00 |
| Feb 6, 2026 | Keybanc | Noah Zatzkin | Overweight | Maintains | $155.00 |
| Jan 16, 2026 | Benchmark | Michael Albanese | Buy | Maintains | $140.00 |
| Jan 16, 2026 | Keybanc | Noah Zatzkin | Overweight | Maintains | $135.00 |
| Dec 10, 2025 | Keybanc | Noah Zatzkin | Overweight | Maintains | $120.00 |
| Nov 4, 2025 | Benchmark | Michael Albanese | Buy | Maintains | $115.00 |
| Oct 31, 2025 | Keybanc | Noah Zatzkin | Overweight | Maintains | $115.00 |
| Oct 31, 2025 | Loop Capital | Brandon Rolle | Hold | Initiates | $99.00 |
| Oct 15, 2025 | Truist Securities | Michael Swartz | Buy | Maintains | $114.00 |
| Aug 1, 2025 | Benchmark | Michael Albanese | Buy | Maintains | $110.00 |
| Aug 1, 2025 | Keybanc | Noah Zatzkin | Overweight | Maintains | $110.00 |
| Aug 1, 2025 | Raymond James | Joseph Altobello | Outperform | Maintains | $109.00 |
| Aug 1, 2025 | BMO Capital | Tristan Thomas-Martin | Outperform | Maintains | $110.00 |
| Jun 20, 2025 | Baird | Craig Kennison | Neutral | Maintains | $90.00 |
| Jun 3, 2025 | Truist Securities | Michael Swartz | Buy | Maintains | $105.00 |
| May 2, 2025 | Roth MKM | Scott Stember | Buy | Reiterates | $100.00 |
| May 2, 2025 | Baird | Craig Kennison | Neutral | Maintains | $84.00 |
| May 2, 2025 | Raymond James | Joseph Altobello | Outperform | Maintains | $95.00 |
| Apr 17, 2025 | Keybanc | Eric Heath | Overweight | Maintains | $100.00 |
The following stocks are similar to Patrick Industries based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Patrick Industries Inc. has a market capitalization of $3.55B with a P/E ratio of 27.4x. The company generates $3.95B in trailing twelve-month revenue with a 3.4% profit margin.
Revenue growth is +9.2% quarter-over-quarter, while maintaining an operating margin of +6.2% and return on equity of +11.7%.
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Manufactures components for RV and marine industries.
Patrick Industries Inc. generates revenue by manufacturing and distributing essential building materials and components for the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company supplies a range of products such as interior decorative items, flooring, countertops, and cabinetry to industry leaders, thus playing a crucial role in the production and refurbishment of leisure vehicles.
Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries has established a strong presence in North America. The company is committed to innovation and quality, continuously expanding its product offerings to adapt to changing market demands and support the growth of leisure-driven industries.
Consumer Cyclical
Furnishings, Fixtures & Appliances
10,000
Mr. Andy L. Nemeth
United States
1990
Patrick Industries (NASDAQ: PATK) is in talks with LCI Industries (NYSE: LCII) for a potential merger of equals, as announced on April 17, 2026.
A potential merger between Patrick Industries and LCI Industries could reshape market dynamics, enhance competitive positioning, and impact stock valuations in the relevant sectors.
LCI Industries (NYSE: LCII) is in talks with Patrick Industries (NASDAQ: PATK) about a potential merger of equals. No assurances or details on the transaction have been provided yet.
The potential merger between LCI Industries and Patrick Industries could reshape their market positions and affect stock valuations, leading to increased volatility and investment opportunities.
Patrick Industries, Inc. (NASDAQ: PATK) will release its Q1 2026 financial results on April 30, 2026, before the market opens.
The upcoming release of Patrick Industries' Q1 2026 financial results could impact stock performance, investor sentiment, and market expectations based on earnings and guidance.
Oversold stocks in the consumer discretionary sector may offer buying opportunities for investors seeking undervalued companies.
Oversold stocks in consumer discretionary indicate potential undervaluation, signaling a buying opportunity for investors seeking growth in a recovering market.
COO Hugo Gonzalez sold 13,514 shares for ~$1.53 million at $113.10 each on March 12, 2026, reducing his direct holdings by 28.52% to 33,864 shares.
COO Hugo Gonzalez's significant share sale may indicate reduced confidence in the company's future, potentially influencing stock prices and investor sentiment.
Patrick Industries, Inc. (NASDAQ: PATK) launched The Experience, a digital design studio aimed at enhancing customer collaboration and decision-making in the Outdoor Enthusiast and Housing markets.
Patrick Industries' launch of The Experience could enhance customer engagement and streamline product development, potentially leading to increased sales and market share, benefiting investors.
Based on our analysis of 15 Wall Street analysts, Patrick Industries Inc. (PATK) has a median price target of $140.00. The highest price target is $155.00 and the lowest is $95.00.
According to current analyst ratings, PATK has 7 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $106.93. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PATK stock could reach $140.00 in the next 12 months. This represents a 30.9% increase from the current price of $106.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
Patrick Industries Inc. generates revenue by manufacturing and distributing essential building materials and components for the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company supplies a range of products such as interior decorative items, flooring, countertops, and cabinetry to industry leaders, thus playing a crucial role in the production and refurbishment of leisure vehicles.
The highest price target for PATK is $155.00 from Noah Zatzkin at Keybanc, which represents a 45.0% increase from the current price of $106.93.
The lowest price target for PATK is $95.00 from Joseph Altobello at Raymond James, which represents a -11.2% decrease from the current price of $106.93.
The overall analyst consensus for PATK is bullish. Out of 15 Wall Street analysts, 7 rate it as Buy, 2 as Hold, and 1 as Sell, with a median price target of $140.00.
Stock price projections, including those for Patrick Industries 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.
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.