HNI trades 129.7% below Wall Street's consensus target of $95.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes HNI achieves its forward estimates and maintains a stable P/E multiple of 10.3x. This scenario reflects the blended consensus of 3 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 7, 2026, HNI Corporation (HNI) has a Wall Street consensus price target of $95.00, based on estimates from 3 covering analysts. With the stock currently trading at $41.36, this represents a potential upside of +129.7%. The company has a market capitalization of $1.95B.
Analyst price targets range from a low of $80.00 to a high of $110.00, representing a 32% spread in expectations. The median target of $95.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, HNI trades at a trailing P/E of 37.3x and forward P/E of 10.3x. The forward PEG ratio of 4.08 reflects a premium valuation. Analysts expect EPS to grow +1330.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $40.46, with bear and bull scenarios of $25.49 and $53.31 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
MLKNMillerKnoll, Inc. | $1.4B | $20.91 | — | — | Hold | 11.5x | 6 |
SCSSteelcase Inc. | $1.9B | $16.14 | — | — | Hold | 14.1x | 4 |
UFIUnifi, Inc. | $91M | $4.88 | — | — | — | — | — |
HOFTHooker Furnishings Corporation | $178M | $16.56 | — | — | Buy | — | 2 |
ETHGrayscale Ethereum Mini Trust ETF | $437M | $17.07 | — | — | Hold | 6.7x | 10 |
FLXSFlexsteel Industries, Inc. | $389M | $72.59 | $54.00 | -25.6% | — | 15.3x | — |
MHKMohawk Industries, Inc. | $7.1B | $116.19 | $123.71 | +6.5% | Hold | 13.5x | 32 |
LESLLeslie's, Inc. | $69M | $7.32 | — | — | — | — | — |
TILEInterface, Inc. | $2.0B | $34.81 | $36.00 | +3.4% | Buy | 16.3x | 12 |
AMWDAmerican Woodmark Corporation | $701M | $48.09 | $47.00 | -2.3% | Hold | 20.9x | 10 |
Quick answers to the most common questions about buying HNI stock.
The consensus Wall Street price target for HNI is $95, representing 129.7% upside from the current price of $41.36. With 3 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
HNI has a consensus rating of "Buy" based on 3 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $95 implies 129.7% upside from current levels.
With a forward P/E of 10.2822x, HNI trades at a relatively low valuation. The consensus target of $95 implies 129.7% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $110 for HNI, while the most conservative target is $80. The consensus of $95 represents the median expectation. Our quantitative valuation model projects a bull case target of $53 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
HNI is lightly followed, with 3 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 1 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 HNI stock forecast based on 3 Wall Street analysts shows a consensus price target of $95, with estimates ranging from $80 (bear case) to $110 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $40, with bear/bull scenarios of $25/$53.
Our quantitative valuation model calculates HNI's fair value at $40 (base case), with a bear case of $25 and bull case of $53. 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 44/100.
HNI trades at a forward P/E ratio of 10.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 37.3x. 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.
Wall Street analysts are very optimistic on HNI, with a "Buy" consensus rating and $95 price target (129.7% upside). 2 of 3 analysts rate it Buy or Strong Buy. 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.
HNI analyst price targets range from $80 to $110, a 32% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $95 consensus represents the middle ground. Our model's $25-$53 range provides an independent fundamental perspective.
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