MLKN trades at Wall Street's consensus target of —.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MLKN achieves its forward estimates and maintains a stable P/E multiple of 11.0x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, MillerKnoll, Inc. (MLKN) has a Wall Street consensus price target of N/A, based on estimates from 6 covering analysts. The company has a market capitalization of $1.37B.
Analyst price targets range from a low of N/A to a high of N/A.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, MLKN trades at a trailing P/E of 15.2x and forward P/E of 11.0x. Analysts expect EPS to grow +38.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $2.28, with bear and bull scenarios of $1.44 and $3.01 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SCSSteelcase Inc. | $1.9B | $16.14 | — | — | Hold | 14.1x | 4 |
 HNIHNI Corporation | $3.4B | $47.16 | $65.00 | +37.8% | Buy | 11.1x | 3 |
 UFIUnifi, Inc. | $125M | $6.71 | — | — | Buy | — | 2 |
 ETHGrayscale Ethereum Mini Trust ETF | $652M | $25.57 | — | — | Hold | 10.0x | 10 |
 HOFTHooker Furnishings Corporation | $143M | $13.34 | — | — | Buy | — | 2 |
 FLXSFlexsteel Industries, Inc. | $456M | $85.23 | $54.00 | -36.6% | Hold | 18.0x | 1 |
 SNBRSleep Number Corp | $3M | $0.13 | $10.00 | +7774.0% | Hold | — | 11 |
 PRPLPurple Innovation, Inc. | $11M | $2.58 | — | — | — | — | — |
 LZBLa-Z-Boy Incorporated | $1.2B | $30.01 | $40.00 | +33.3% | Buy | 11.5x | 10 |
 LESLLeslie's, Inc. | $4M | $0.42 | — | — | — | — | — |
Quick answers to the most common questions about buying MLKN stock.
The consensus price target for MLKN is $N/A, close to the current price of $20.04 (N/A% implied move). Based on 6 analyst estimates, the stock appears fairly valued near current levels.
MLKN has a consensus rating of "Hold" based on 6 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $N/A implies N/A% upside from current levels.
With a forward P/E of 11.011x, MLKN trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $N/A for MLKN, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. Our quantitative valuation model projects a bull case target of $3 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MLKN is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MLKN stock forecast based on 6 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $2, with bear/bull scenarios of $1/$3.
Our quantitative valuation model calculates MLKN's fair value at $2 (base case), with a bear case of $1 and bull case of $3. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 42/100.
MLKN trades at a forward P/E ratio of 11.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
MLKN appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MLKN analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground. Our model's $1-$3 range provides an independent fundamental perspective.
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.