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HNI ( (HNI) ) just unveiled an announcement.
On December 5, 2025, HNI Corporation and Steelcase Inc. announced that their shareholders approved the proposed acquisition of Steelcase by HNI, with the transaction expected to close on December 10, 2025, pending customary closing conditions. The merger will result in Steelcase becoming a wholly owned subsidiary of HNI, potentially enhancing HNI’s market position in the commercial furnishings sector. The approval marks a significant milestone in the merger process, with a high percentage of shareholders from both companies voting in favor of the proposals, indicating strong support for the strategic move.
The most recent analyst rating on (HNI) stock is a Buy with a $50.00 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 through two segments: Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment is a global designer and provider of commercial furnishings under multiple brands, while the Residential Building Products segment is a leading manufacturer and marketer of hearth products, including fireplaces and stoves. Steelcase Inc. is a global leader in designing and manufacturing furnishings and solutions for work environments, including offices and learning spaces, collaborating with over 30 partner brands.
Average Trading Volume: 627,389
Technical Sentiment Signal: Hold
Current Market Cap: $1.89B
Find detailed analytics on HNI stock on TipRanks’ Stock Analysis page.