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An announcement from Armstrong World ( (AWI) ) is now available.
On January 14, 2026, Armstrong World Industries announced that President and CEO Vic Grizzle will transition to Executive Chair and that Senior Vice President and Chief Operating Officer Mark Hershey will become President, CEO and a board member, effective April 1, 2026, as part of a long-planned succession process. The move will expand the board to nine members, see current Chair Roy Templin shift to lead independent director, and adjust executive pay packages to reflect Grizzle’s reduced role and Hershey’s promotion, underscoring the board’s confidence in internal leadership continuity after a decade of strong growth and strategic transformation under Grizzle, including portfolio reshaping and multiple acquisitions.
The most recent analyst rating on (AWI) stock is a Buy with a $207.00 price target. To see the full list of analyst forecasts on Armstrong World stock, see the AWI Stock Forecast page.
Spark’s Take on AWI Stock
According to Spark, TipRanks’ AI Analyst, AWI is a Outperform.
Armstrong World’s strong financial performance and positive earnings call are the most significant factors contributing to the score. The technical analysis and valuation present some concerns, with the stock showing bearish momentum and a high P/E ratio. However, the company’s strategic initiatives and robust earnings performance support a favorable outlook.
To see Spark’s full report on AWI stock, click here.
More about Armstrong World
Armstrong World Industries, Inc. is an Americas-focused manufacturer of interior and exterior architectural products, including ceilings, specialty walls and exterior metal solutions. Serving architects, designers and contractors, the company emphasizes aesthetics, acoustics and sustainability, generated $1.4 billion in revenue in 2024, and operates with about 3,800 employees across a network of 22 manufacturing facilities plus seven facilities dedicated to its WAVE joint venture.
Average Trading Volume: 344,206
Technical Sentiment Signal: Buy
Current Market Cap: $8.56B
For a thorough assessment of AWI stock, go to TipRanks’ Stock Analysis page.