MillerKnoll, Inc. (MLKN)
NASDAQIndustrialsFurnishings, Fixtures & AppliancesSnapshot 2026-10-30
$21.49+0.75%
Close 2026-10-30 · 1-day change
NASDAQIndustrialsFurnishings, Fixtures & AppliancesSnapshot 2026-10-30
Research Workspace
Put MLKN beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Industrials is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 38% in its worst 12-month stretch.
View RiskMillerKnoll’s cash-backed earnings and steady performance support the case for profitable growth. Revenue shifted from 4.4% year-over-year growth to a 3.4% decline, despite the latest EPS beat. It trades at 11× P/E versus the 22.5× peer median and its 11.1× historical multiple. The price reflects less growth than our forecast, though sales growth alongside falling EBITDA challenges profitable-growth execution. Our model puts the next-quarter miss probability near 29%. Peer multiples imply a price about 24% above where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-30. MLKN is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 3 analysts currently covering MLKN (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare MLKN with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MLKN Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Office Services & Supplies — fair value, gap to price, and forward P/E.
Compare the value case
Put MLKN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Maintain revenue guidance between $955M and $995M for Q4 FY2026
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Q2 EPS outlook and maintained FY2027 EPS range support continued earnings expectations.
Advances: Revenue guidance between $955M and $995M for Q4 FY2026
Earnings beat supports revenue guidance for Q4 FY2026.
Threatens: Drive profitable growth and improve profitability
Sales growth alongside falling EBITDA signals worsening profitability and challenges profitable-growth execution.
