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PATK Stock Forecast: Patrick Industries Inc. Price Predictions for 2026

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$106.93

+4.03 (3.92%)

PATK Stock Forecast 2026-2027

$106.93
Current Price
$3.55B
Market Cap
10 Ratings
Buy 7
Hold 2
Sell 1
Wall St Analyst Ratings

Distance to PATK Price Targets

+45.0%
To High Target of $155.00
+30.9%
To Median Target of $140.00
-11.2%
To Low Target of $95.00

PATK Price Momentum

-9.1%
1 Week Change
-3.4%
1 Month Change
+34.9%
1 Year Change
-1.4%
Year-to-Date Change
-28.0%
From 52W High of $148.50
+42.1%
From 52W Low of $75.26
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Latest PATK Stock Price Targets & Analyst Predictions

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.

PATK Analyst Ratings

7
Buy
2
Hold
1
Sell

PATK Price Target Range

Low
$95.00
Average
$140.00
High
$155.00
Current: $106.93

Latest PATK Stock Forecasts by Analyst

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

Patrick Industries Inc. (PATK) Competitors

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. (PATK) Financial Data

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%.

Valuation Metrics

Market Cap $3.55B
Enterprise Value $5.02B
P/E Ratio 27.4x
PEG Ratio 0.3x
Price/Sales 0.9x

Growth & Margins

Revenue Growth (YoY) +9.2%
Gross Margin +23.0%
Operating Margin +6.2%
Net Margin +3.4%
EPS Growth +99.7%

Financial Health

Cash/Price Ratio +0.7%
Current Ratio 2.5x
Debt/Equity 126.1x
ROE +11.7%
ROA +5.7%
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Patrick Industries Inc. logo

Patrick Industries Inc. (PATK) Business Model

About Patrick Industries Inc.

What They Do

Manufactures components for RV and marine industries.

Business Model

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.

Additional Information

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.

Company Information

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances

Employees

10,000

CEO

Mr. Andy L. Nemeth

Country

United States

IPO Year

1990

Patrick Industries Inc. (PATK) Latest News & Analysis

Latest News

PATK stock latest news image
Quick Summary

Patrick Industries (NASDAQ: PATK) is in talks with LCI Industries (NYSE: LCII) for a potential merger of equals, as announced on April 17, 2026.

Why It Matters

A potential merger between Patrick Industries and LCI Industries could reshape market dynamics, enhance competitive positioning, and impact stock valuations in the relevant sectors.

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

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.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral
PATK stock latest news image
Quick Summary

Patrick Industries, Inc. (NASDAQ: PATK) will release its Q1 2026 financial results on April 30, 2026, before the market opens.

Why It Matters

The upcoming release of Patrick Industries' Q1 2026 financial results could impact stock performance, investor sentiment, and market expectations based on earnings and guidance.

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

Oversold stocks in the consumer discretionary sector may offer buying opportunities for investors seeking undervalued companies.

Why It Matters

Oversold stocks in consumer discretionary indicate potential undervaluation, signaling a buying opportunity for investors seeking growth in a recovering market.

Source: Benzinga
Market Sentiment: Positive
PATK stock latest news image
Quick Summary

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.

Why It Matters

COO Hugo Gonzalez's significant share sale may indicate reduced confidence in the company's future, potentially influencing stock prices and investor sentiment.

Source: The Motley Fool
Market Sentiment: Negative
PATK stock latest news image
Quick Summary

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.

Why It Matters

Patrick Industries' launch of The Experience could enhance customer engagement and streamline product development, potentially leading to increased sales and market share, benefiting investors.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About PATK Stock

What is Patrick Industries Inc.'s (PATK) stock forecast for 2026?

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.

Is PATK stock a good investment in 2026?

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.

What is the long-term price prediction for PATK stock?

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.

What is Patrick Industries Inc.'s business model?

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.

What is the highest forecasted price for PATK Patrick Industries Inc.?

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.

What is the lowest forecasted price for PATK Patrick Industries Inc.?

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.

What is the overall PATK consensus from analysts for Patrick Industries Inc.?

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.

How accurate are PATK stock price projections?

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.

Important 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.

Last updated: April 19, 2026 10:58 AM UTC
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