Update shared on25 Sep 2025
Fair value Decreased 7.89%Despite a sharp improvement in net profit margin and a much lower forward P/E, MillerKnoll’s consensus analyst price target has decreased from $38.00 to $35.00, indicating tempered market expectations despite stronger profitability and valuation.
What's in the News
- Jeff Stutz promoted to Chief Operating Officer; Kevin Veltman appointed interim Chief Financial Officer as a search for a permanent CFO is underway.
- Herman Miller reintroduces the Eames Molded Plastic Dining Chair in new sustainable and customizable formats, using 99% post-industrial recycled plastic and offering new colors and upholstery options.
- Herman Miller partners with Stine Aas on the Land Collection, a sustainably produced furniture line featuring locally sourced timber and modern Scandinavian-inspired designs.
- MillerKnoll repurchased 5,146 shares for $0.1 million between March and May, bringing total buybacks to 24.2 million shares (36.6% of shares outstanding) valued at $668.82 million since the 2007 buyback program began.
Valuation Changes
Summary of Valuation Changes for MillerKnoll
- The Consensus Analyst Price Target has fallen from $38.00 to $35.00.
- The Net Profit Margin for MillerKnoll has significantly risen from 7.27% to 11.66%.
- The Future P/E for MillerKnoll has significantly fallen from 10.78x to 6.42x.
Disclaimer
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