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MillerKnoll, Inc.NasdaqGS:MLKN Stock Report

Market Cap US$1.1b
Share Price
US$16.32
US$32
49.0% undervalued intrinsic discount
1Y-8.6%
7D5.4%
Portfolio Value
View

MillerKnoll, Inc.

NasdaqGS:MLKN Stock Report

Market Cap: US$1.1b

MLKN Community Fair Values

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MillerKnoll, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MillerKnoll
Historical stock prices
Current Share PriceUS$16.32
52 Week HighUS$23.18
52 Week LowUS$13.77
Beta1.41
1 Month Change6.11%
3 Month Change-28.61%
1 Year Change-8.62%
3 Year Change0.31%
5 Year Change-64.61%
Change since IPO301.72%

Recent News & Updates

Narrative Update Apr 23

MLKN: Share Repurchases And Execution Discipline Will Support Future Upside Potential

Analysts have adjusted their MillerKnoll price target to $32.00, maintaining a neutral fair value view while highlighting a constructive long term outlook following recent bullish research coverage. Analyst Commentary Bullish Takeaways Bullish analysts view the recent initiation as support for the current $32.00 fair value, suggesting the stock is reasonably aligned with their assessment of the company’s long term potential.
Narrative Update Apr 08

MLKN: Buybacks And Higher Assumed Future P/E Will Drive Upside Potential

Analysts have maintained their $32 price target for MillerKnoll, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E as the main factors supporting their current view. Analyst Commentary Bullish Takeaways Bullish analysts view the initiation with a positive rating as consistent with the current $32 target, suggesting that the updated discount rate and future P/E assumptions are viewed as reasonable for MillerKnoll’s risk profile.
Seeking Alpha Mar 26

MillerKnoll's Plunge Offers An Entry Point

Summary MillerKnoll (MLKN) reported Q3 FY2026 results with revenue and profitability up year-over-year, but both missed analyst expectations, causing a sharp share price decline. Despite mixed financials and persistent weak spots, MLKN's valuation appears attractive relative to peers, supporting a soft 'buy' rating. North America Contract segment showed robust order growth and margin expansion, while International and Global Retail segments delivered modest gains with some regional headwinds. Management targets continued store expansion and sees significant long-term growth potential in the $150 billion global premium retail furniture market. Read the full article on Seeking Alpha

Recent updates

Narrative Update Apr 23

MLKN: Share Repurchases And Execution Discipline Will Support Future Upside Potential

Analysts have adjusted their MillerKnoll price target to $32.00, maintaining a neutral fair value view while highlighting a constructive long term outlook following recent bullish research coverage. Analyst Commentary Bullish Takeaways Bullish analysts view the recent initiation as support for the current $32.00 fair value, suggesting the stock is reasonably aligned with their assessment of the company’s long term potential.
Narrative Update Apr 08

MLKN: Buybacks And Higher Assumed Future P/E Will Drive Upside Potential

Analysts have maintained their $32 price target for MillerKnoll, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E as the main factors supporting their current view. Analyst Commentary Bullish Takeaways Bullish analysts view the initiation with a positive rating as consistent with the current $32 target, suggesting that the updated discount rate and future P/E assumptions are viewed as reasonable for MillerKnoll’s risk profile.
Seeking Alpha Mar 26

MillerKnoll's Plunge Offers An Entry Point

Summary MillerKnoll (MLKN) reported Q3 FY2026 results with revenue and profitability up year-over-year, but both missed analyst expectations, causing a sharp share price decline. Despite mixed financials and persistent weak spots, MLKN's valuation appears attractive relative to peers, supporting a soft 'buy' rating. North America Contract segment showed robust order growth and margin expansion, while International and Global Retail segments delivered modest gains with some regional headwinds. Management targets continued store expansion and sees significant long-term growth potential in the $150 billion global premium retail furniture market. Read the full article on Seeking Alpha
Narrative Update Mar 25

MLKN: Bullish Initiation And Ongoing Buybacks Will Support Higher Future P E Multiple

Analysts maintained their fair value estimate for MillerKnoll at $32.00. The updated price target reflects small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, supported by fresh bullish initiation commentary from recent Street research.
Narrative Update Mar 10

MLKN: Bullish Initiation And Completed Buybacks Will Support Higher Future P E Multiple

Analysts have reaffirmed a $32.00 price target for MillerKnoll, supported by recent bullish research that highlights a constructive long term setup based on steady assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Recent research takes a constructive view on MillerKnoll, with the $32.00 price target framed around what analysts see as a balanced mix of execution, growth potential, and valuation support.
Narrative Update Feb 23

MLKN: Bullish Coverage And Buybacks Will Support Higher Future P E Multiple

Analysts have raised their price target on MillerKnoll to $32.00 per share, citing updated expectations for revenue growth, profit margins, and a higher future P/E multiple following recent bullish Street research coverage. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent initiation with a positive view as a signal that MillerKnoll's business model and brand portfolio are seen as supportive of the higher P/E multiple now being used in valuation work.
Narrative Update Feb 09

MLKN: Share Repurchase Progress Will Support Future Upside Potential

Analysts have maintained their fair value estimate for MillerKnoll at $32.0. They cited updated assumptions involving a slightly lower discount rate and marginal adjustments to long-term revenue growth, profit margin, and future P/E inputs that, taken together, leave their overall price target effectively unchanged. What's in the News MillerKnoll repurchased 316,562 shares between August 31, 2025 and November 29, 2025 for US$5 million, representing 0.46% of the company.
Analysis Article Jan 27

MillerKnoll (NASDAQ:MLKN) Has Announced A Dividend Of $0.1875

The board of MillerKnoll, Inc. ( NASDAQ:MLKN ) has announced that it will pay a dividend of $0.1875 per share on the...
Narrative Update Jan 25

MLKN: Saudi Expansion And Ongoing Buybacks Will Support Future Upside

Analysts have made only a modest adjustment to their price target for MillerKnoll, keeping it broadly aligned with earlier fair value estimates around $32.00, supported by largely unchanged assumptions on growth, margins and expected future P/E multiples. What's in the News MillerKnoll reported that between August 31, 2025 and November 29, 2025 it repurchased 316,562 shares, representing 0.46% of shares, for US$5 million under its existing buyback program.
Narrative Update Jan 10

MLKN: Saudi Expansion And New CFO Will Support Future Upside

Analysts have kept their fair value estimate for MillerKnoll steady at $32.00. The maintained target is mainly tied to unchanged views on revenue growth, profit margins, and future P/E expectations.
Analysis Article Jan 09

MillerKnoll (NASDAQ:MLKN) Will Be Hoping To Turn Its Returns On Capital Around

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Narrative Update Dec 24

MLKN: Saudi Expansion And New CFO Will Support Long-Term Upside

Narrative Update on MillerKnoll Analysts have modestly raised their price expectations for MillerKnoll, citing improved revenue growth forecasts, higher projected profit margins, and a lower future price to earnings multiple. Taken together, these factors support a valuation closer to fair value around $32.00 per share.
Analysis Article Dec 20

The Market Lifts MillerKnoll, Inc. (NASDAQ:MLKN) Shares 30% But It Can Do More

MillerKnoll, Inc. ( NASDAQ:MLKN ) shareholders are no doubt pleased to see that the share price has bounced 30% in the...
Narrative Update Dec 10

MLKN: Expanded Saudi Presence Will Drive Long Term Retail Upside

Analysts have trimmed their price target on MillerKnoll from 35 dollars to 32 dollars, citing a slightly higher discount rate and modest pressure on long term profit margins that more than offset marginally stronger revenue growth and future valuation multiples. What's in the News MillerKnoll formally established its legal presence in the Kingdom of Saudi Arabia, enhancing local decision making and service capabilities to support major Vision 2030 and Expo 2030 related projects across workplace, hospitality, education and healthcare markets (Key Developments).
Analysis Article Nov 20

MillerKnoll (NASDAQ:MLKN) Is Due To Pay A Dividend Of $0.1875

The board of MillerKnoll, Inc. ( NASDAQ:MLKN ) has announced that it will pay a dividend on the 15th of January, with...
Analysis Article Oct 28

MillerKnoll (NASDAQ:MLKN) Has Affirmed Its Dividend Of $0.1875

The board of MillerKnoll, Inc. ( NASDAQ:MLKN ) has announced that it will pay a dividend on the 15th of January, with...
Narrative Update Sep 25

Restructuring And Global Retail Expansion Will Build Future Momentum

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.
Analysis Article Aug 21

MillerKnoll (NASDAQ:MLKN) Has Affirmed Its Dividend Of $0.1875

MillerKnoll, Inc.'s ( NASDAQ:MLKN ) investors are due to receive a payment of $0.1875 per share on 15th of October...
Analysis Article Aug 10

Calculating The Fair Value Of MillerKnoll, Inc. (NASDAQ:MLKN)

NasdaqGS:MLKN 1 Year Share Price vs Fair Value Explore MillerKnoll's Fair Values from the Community and select yours...
Analysis Article Jul 21

Returns On Capital Signal Tricky Times Ahead For MillerKnoll (NASDAQ:MLKN)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article Jul 03

MillerKnoll, Inc.'s (NASDAQ:MLKN) Price Is Right But Growth Is Lacking After Shares Rocket 28%

MillerKnoll, Inc. ( NASDAQ:MLKN ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Jun 18

Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

While MillerKnoll, Inc. ( NASDAQ:MLKN ) might not have the largest market cap around , it received a lot of attention...
Analysis Article May 29

MillerKnoll (NASDAQ:MLKN) Has Announced A Dividend Of $0.1875

MillerKnoll, Inc.'s ( NASDAQ:MLKN ) investors are due to receive a payment of $0.1875 per share on 15th of July. This...
Analysis Article Apr 25

MillerKnoll (NASDAQ:MLKN) Is Paying Out A Dividend Of $0.1875

The board of MillerKnoll, Inc. ( NASDAQ:MLKN ) has announced that it will pay a dividend on the 15th of July, with...
Analysis Article Apr 12

Getting In Cheap On MillerKnoll, Inc. (NASDAQ:MLKN) Might Be Difficult

With a price-to-earnings (or "P/E") ratio of 37x MillerKnoll, Inc. ( NASDAQ:MLKN ) may be sending very bearish signals...
Seeking Alpha Mar 27

MillerKnoll's Recovery Looks Promising, But I'm Holding The Line

Summary MillerKnoll shows promise with a strong brand lineup and improving cash flow, but faces challenges like thin margins, high debt, and inconsistent retail results. Q3 2025 highlights include a slight EPS beat, strong North American contract business, and notable retail growth, especially among higher-income consumers. Despite some positive signs, the company’s valuation reflects market concerns about revenue stability, profit consistency, and economic exposure, leading to a continued Hold rating. Encouraging signs include improved cash flow, debt reduction, and strategic retail expansion, but consistent execution is needed before upgrading MLKN stock to a Buy. Read the full article on Seeking Alpha
Analysis Article Mar 16

Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 28

At US$21.33, Is MillerKnoll, Inc. (NASDAQ:MLKN) Worth Looking At Closely?

While MillerKnoll, Inc. ( NASDAQ:MLKN ) might not have the largest market cap around , it received a lot of attention...
Analysis Article Feb 11

Is MillerKnoll, Inc. (NASDAQ:MLKN) Trading At A 28% Discount?

Key Insights MillerKnoll's estimated fair value is US$30.79 based on 2 Stage Free Cash Flow to Equity MillerKnoll's...
Analysis Article Jan 08

MillerKnoll (NASDAQ:MLKN) Is Reinvesting At Lower Rates Of Return

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Seeking Alpha Dec 19

Why MillerKnoll's Quarter Hasn't Changed My Hold Rating

Summary MillerKnoll, Inc.'s fiscal Q2 earnings showed mixed results with a slight miss on EPS but a significant revenue beat, yet the stock remains under pressure. Despite a strong brand portfolio and cash flows, near-term issues like squeezed margins, rising costs, and uneven retail performance justify my hold rating. Financial health is decent with strong gross margins and improved cash flow, but high debt and low net income margins are concerning. The long-term potential is promising with undervalued stock and projected EPS growth, but revenue stabilization and margin improvements are crucial for a buy rating. Read the full article on Seeking Alpha
Analysis Article Nov 07

Is Now The Time To Look At Buying MillerKnoll, Inc. (NASDAQ:MLKN)?

MillerKnoll, Inc. ( NASDAQ:MLKN ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Oct 23

Is Now The Time To Put MillerKnoll (NASDAQ:MLKN) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
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New Narrative Sep 24

Decisive Growth And Sustainable Innovation Set To Propel Market Dominance

MillerKnoll's strategic initiatives, such as launching the Design with Impact platform and focusing on sustainable materials, aim to enhance customer experience and tap into eco-friendly markets.
Seeking Alpha Sep 23

MillerKnoll Q1 Results: Some Positives On The Horizon, But I'm Not Convinced

Summary MillerKnoll, Inc.'s Q1 earnings showed a revenue decline of 6.1% y/y and missed expectations, with adjusted EPS also falling short. Margins are tightening, and despite a slight increase in orders, the economic uncertainty keeps me from starting a position. The Fed's recent interest rate cuts could boost demand, but the company's unchanged FY25 guidance raises concerns about the broader economic outlook. Given the company's fair valuation at $24 per share, I am waiting for a potential better entry point around $20 before investing. Read the full article on Seeking Alpha
Analysis Article Sep 22

MillerKnoll, Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

It's been a sad week for MillerKnoll, Inc. ( NASDAQ:MLKN ), who've watched their investment drop 13% to US$23.50 in the...
Analysis Article Sep 19

Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha Sep 08

MillerKnoll: Bottom Line Wins Should Overshadow Top Line Weakness

Summary MillerKnoll's revenue has declined, but net profits nearly doubled due to improved gross margins and cost-saving synergies from the Knoll acquisition. Despite underperforming the S&P 500, I remain cautiously optimistic about MillerKnoll, maintaining a 'buy' rating ahead of upcoming financial results. Management's guidance for fiscal 2025 indicates lower revenue but higher adjusted earnings per share, suggesting continued profitability improvements. MillerKnoll appears attractively priced and should benefit from projected growth in housing and construction markets, supporting a soft 'buy' rating. Read the full article on Seeking Alpha
Analysis Article Jul 31

Getting In Cheap On MillerKnoll, Inc. (NASDAQ:MLKN) Might Be Difficult

With a price-to-earnings (or "P/E") ratio of 26.2x MillerKnoll, Inc. ( NASDAQ:MLKN ) may be sending bearish signals at...

Shareholder Returns

MLKNUS Commercial ServicesUS Market
7D5.4%-2.7%2.2%
1Y-8.6%-16.1%31.1%

Return vs Industry: MLKN exceeded the US Commercial Services industry which returned -16.1% over the past year.

Return vs Market: MLKN underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is MLKN's price volatile compared to industry and market?
MLKN volatility
MLKN Average Weekly Movement8.5%
Commercial Services Industry Average Movement7.5%
Market Average Movement7.3%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: MLKN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MLKN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190510,382Andi Owenwww.millerknoll.com

MillerKnoll, Inc. researches, designs, manufactures, sells, and distributes interior furnishings worldwide. It operates through North America Contract, International Contract, and Global Retail segments. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.

MillerKnoll, Inc. Fundamentals Summary

How do MillerKnoll's earnings and revenue compare to its market cap?
MLKN fundamental statistics
Market capUS$1.12b
Earnings (TTM)US$10.80m
Revenue (TTM)US$3.80b
103.3x
P/E Ratio
0.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MLKN income statement (TTM)
RevenueUS$3.80b
Cost of RevenueUS$2.33b
Gross ProfitUS$1.47b
Other ExpensesUS$1.46b
EarningsUS$10.80m

Last Reported Earnings

Feb 28, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin38.70%
Net Profit Margin0.28%
Debt/Equity Ratio93.3%

How did MLKN perform over the long term?

See historical performance and comparison

Dividends

4.6%
Current Dividend Yield
476%
Payout Ratio

Does MLKN pay a reliable dividends?

See MLKN dividend history and benchmarks
When do you need to buy MLKN by to receive an upcoming dividend?
MillerKnoll dividend dates
Ex Dividend DateMay 29 2026
Dividend Pay DateJul 15 2026
Days until Ex dividend17 days
Days until Dividend pay date64 days

Does MLKN pay a reliable dividends?

See MLKN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 19:25
End of Day Share Price 2026/05/08 00:00
Earnings2026/02/28
Annual Earnings2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MillerKnoll, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Reuben GarnerBenchmark Company
Chen YangBerenberg
David MacGregorLongbow Research LLC