Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Mohawk ( (MHK) ).
On July 24, 2025, Mohawk Industries announced a new share repurchase program authorizing the repurchase of up to $500 million of its common stock, following the near completion of its 2022 program. The company reported second quarter 2025 net earnings of $147 million, with net sales remaining flat at $2.8 billion compared to the previous year. Despite challenging market conditions, Mohawk has implemented operational improvements and cost containment actions, contributing to productivity gains and restructuring benefits. The company is addressing tariff impacts through price adjustments and supply chain optimization, while continuing to focus on market development and leveraging its strong product portfolio to navigate ongoing industry pressures.
The most recent analyst rating on (MHK) stock is a Buy with a $161.00 price target. To see the full list of analyst forecasts on Mohawk stock, see the MHK Stock Forecast page.
Spark’s Take on MHK Stock
According to Spark, TipRanks’ AI Analyst, MHK is a Neutral.
Mohawk’s overall stock score of 66 reflects a stable financial position with low leverage and reasonable valuation, but challenges such as declining revenue and market pressures weigh on the outlook. The technical indicators do not suggest strong momentum, and while the earnings call highlighted productivity gains, it also underscored existing headwinds. The recent executive appointment is a positive but minor factor in the overall assessment.
To see Spark’s full report on MHK stock, click here.
More about Mohawk
Mohawk Industries is a leading global flooring manufacturer, providing products that enhance residential and commercial spaces in approximately 180 countries. The company has expanded its operational footprint with manufacturing facilities in North America, Europe, South America, Oceania, and Asia. Mohawk’s vertically integrated manufacturing and distribution processes offer competitive advantages in producing ceramic tile, carpet, laminate, wood, stone, and vinyl flooring. The company’s brands, including American Olean, Daltile, Durkan, and others, are among the most recognized in the industry.
Average Trading Volume: 793,601
Technical Sentiment Signal: Sell
Current Market Cap: $7.29B
Learn more about MHK stock on TipRanks’ Stock Analysis page.