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HNI Sets Deadline for Steelcase Merger Consideration

Story Highlights
  • HNI Corporation and Steelcase announced a merger consideration election deadline for December 4, 2025.
  • The merger aims to enhance HNI’s market position but carries integration and market risks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HNI Sets Deadline for Steelcase Merger Consideration

TipRanks Cyber Monday Sale

HNI ( (HNI) ) has provided an update.

On November 25, 2025, HNI Corporation and Steelcase Inc. announced the deadline for Steelcase shareholders to elect their preferred form of merger consideration in HNI’s acquisition of Steelcase, set for December 4, 2025. The completion of the transaction is pending shareholder approval and other customary conditions, with the merger consideration determined by the average closing price of HNI stock over a specified period. This merger aims to enhance HNI’s market position and operational capabilities, although it carries risks such as integration challenges and potential market fluctuations.

The most recent analyst rating on (HNI) stock is a Buy with a $60.00 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 a positive earnings call outlook, particularly in the Workplace Furnishings segment. However, technical indicators suggest a bearish trend, and cash flow challenges pose risks to financial flexibility.

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 company is a leading global designer and provider of commercial furnishings and the nation’s leading manufacturer and marketer of hearth products. Steelcase Inc. is a global design and thought leader in the world of work, providing furnishings and solutions for offices, homes, and learning and health environments.

Average Trading Volume: 639,743

Technical Sentiment Signal: Hold

Current Market Cap: $1.85B

Find detailed analytics on HNI stock on TipRanks’ Stock Analysis page.

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