Soft Housing Clouds Mohawk Industries, Inc. (MHK)’s Upside

Core Viewpoint - Mohawk Industries, Inc. (NYSE:MHK) is considered a cheap stock with a mixed analyst response, showing a potential upside of 25.65% based on a median price target of $138.50 [1] Analyst Ratings and Price Targets - Jefferies reduced the price target for Mohawk Industries to $128 from $134, maintaining a 'Hold' rating, as they favor consumer-facing companies with strong pricing power due to a projected soft residential construction market entering 2026 [2] - Wells Fargo lowered the price target to $110 from $125 while reaffirming an 'Equal Weight' rating, citing skepticism about the housing market complicating investment strategies for 2025 [3] - Barclays also adjusted the price target to $121 from $122, reiterating an 'Equal Weight' rating, and noted a continued decline in single-family housing starts, indicating a volatile housing market [4] Company Overview - Mohawk Industries, Inc. is based in Georgia and specializes in flooring products for both remodeling and new construction, operating through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World [4]