Rating Change
Evercore ISI Group analysts upgraded Mohawk Industries, Inc. (NYSE:MHK) from In-Line to Outperform on November 02, 2026.
upgradeNYSE:MHK
Mohawk Industries, Inc. (MHK) Upgraded to Outperform at Evercore ISI Group
Evercore ISI Group analysts upgraded Mohawk Industries, Inc. (NYSE:MHK) from In-Line to Outperform on November 02, 2026.
At publication ·
What changed
Mohawk Industries, Inc. (NYSE:MHK) · upgrade
- Firm
- Evercore ISI Group
- Rating
- In-Line to Outperform
- Price at event
- $148.58
- Market capitalization
- $7.0B
At a glance
Key takeaways
- Evercore ISI Group upgraded Mohawk Industries from In-Line to Outperform on November 2, 2026.
- The stock trades at $148.58 with a $7.0B market cap and has gained 39% over the past 52 weeks.
- Among 10 recent analyst ratings, the consensus is mixed with 3 Buy, 6 Hold, and 1 Sell recommendations.
- Analyst upgrades can act as near-term price catalysts, but consensus changes matter more than single rating changes.
Market Context
Mohawk Industries, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $148.58 with a market capitalization of $7.0B. The stock has gained 39.0% over the past 52 weeks.
Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. Evercore ISI Group's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Mohawk Industries, Inc.
Among the 10 most recent ratings: 3 Buy, 6 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Nov 02, 2026 | Baird | Neutral | N/A |
| Nov 02, 2026 | Evercore ISI Group | Outperform | N/A |
| Oct 07, 2026 | RBC Capital | Underperform | N/A |
| Oct 06, 2026 | Melius Research | Buy | N/A |
| Sep 25, 2026 | Evercore ISI Group | In-Line | N/A |
Related Tools: Analyst Ratings Dashboard | View MHK Stock Page
Frequently Asked Questions
What does the Outperform rating mean for MHK?
A rating of Outperform from Evercore ISI Group reflects the analyst's outlook on Mohawk Industries, Inc. (NYSE:MHK). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the MHK forecast page.
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