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HNI ( (HNI) ) has provided an update.
On December 10, 2025, HNI Corporation completed its acquisition of Steelcase Inc., combining two industry leaders to address the evolving needs of the workplace. The merger, supported by shareholders of both companies, aims to leverage synergies to enhance operational capabilities and customer experiences. The combined entity is expected to have annual revenues of $5.8 billion, with HNI maintaining its headquarters in Muscatine, Iowa, and Steelcase in Grand Rapids, Michigan. The board of directors of HNI has expanded to include two former Steelcase board members, strengthening the company’s governance.
The most recent analyst rating on (HNI) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on HNI stock, see the HNI Stock Forecast page.
Spark’s Take on HNI Stock
According to Spark, TipRanks’ AI Analyst, HNI is a Outperform.
HNI’s overall stock score is driven by strong financial performance and strategic corporate events, particularly the Steelcase acquisition. While technical indicators are mixed, the company’s valuation is fair, and the earnings call provides a positive outlook. Cash flow challenges remain a concern, but the strategic initiatives and market positioning offer potential for future growth.
To see Spark’s full report on HNI stock, click here.
More about HNI
HNI Corporation is a manufacturer of workplace furnishings and residential building products, operating under two segments: Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment is a leader in commercial furnishings and workplace solutions, serving a wide range of customers from multinational companies to small businesses. The Residential Building Products segment is the nation’s leading manufacturer and marketer of hearth products, including fireplaces, inserts, stoves, and accessories.
Average Trading Volume: 704,658
Technical Sentiment Signal: Hold
Current Market Cap: $1.87B
For detailed information about HNI stock, go to TipRanks’ Stock Analysis page.