
Miller Industries (MLR) Stock Forecast & Price Target
Miller Industries (MLR) Analyst Ratings
Bulls say
Miller Industries is expected to maintain its strong growth trajectory, supported by positive pricing and mix, synergies from recent acquisitions, and increased demand from CARB states and the military. MLR's stock has potential downside risks from operating close to capacity, management change risk, an activist investor with different interests, shifts in macroeconomic and societal trends, truck chassis supply chain issues, and potential state regulations for EV tow trucks.
Bears say
Miller Industries is facing headwinds as revenues and EBITDA continue to decline, with expectations of $878.9M and $52.1M for 2026 and $1.01B and $73.0M for 2027, respectively. Despite announcements of large military-related commitments, these measures have been affected by the company's struggling volume outlook and are projected to improve at a slower pace than initially anticipated, with estimated EPS of $2.09 in 2026 and $3.20 in 2027. The company's stock has been unable to break out of its range-bound state, indicating a lack of confidence in its future performance.
This aggregate rating is based on analysts' research of Miller Industries and is not a guaranteed prediction by Public.com or investment advice.
Miller Industries (MLR) Analyst Forecast & Price Prediction
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