Core Viewpoint - Thor Industries is expected to reach new stock price highs by early 2026, with stable business and potential growth over the next 12 months, driven by a favorable market environment and demand for RVs and campers as interest rates decrease [3][10]. Financial Performance - Thor Industries reported a strong Q4, with revenue slightly contracting but exceeding MarketBeat's consensus by nearly 900 basis points, primarily due to growth in the North American Motorized segment [7]. - The company’s fiscal year 2025 balance sheet shows a 5% increase in equity, supported by asset growth and debt reduction [5]. - The dividend yield is approximately 2.25% annually, with the dividend running at about 45% of the earnings forecast, allowing for continued growth in distributions [4][6]. Market Outlook - Analysts have a 12-month stock price forecast of $100.00, indicating a potential downside of 5.63% from the current price of $105.97, with a high forecast of $120.00 and a low of $65.00 [8]. - Despite strong margins and profits on an adjusted basis, the company’s guidance is considered tepid, which may temper bullish analyst trends and lead to potential downgrades or price target reductions [9][10]. Investor Sentiment - Institutional investors own over 95% of the stock and have been buying on balance throughout the year, although the F2026 guidance may cause them to pause buying activity [11]. - The stock is currently in a near-term uptrend but faces strong resistance near the $120 level, which has historically acted as a price ceiling [12][13].