
Miller Industries (MLR) Stock Forecast & Price Target
Miller Industries (MLR) Analyst Ratings
Bulls say
Miller Industries is poised for growth through increased demand in CARB states and military opportunities, which are expected to enhance the company's market position leading into 2026-2027. The company stands to benefit from favorable regulatory changes, such as the potential passing of the "Big Beautiful Bill," which could incentivize fleet capital expenditures. Overall, the return of military opportunities to pre-Covid levels indicates significant pent-up demand, positioning Miller Industries for a promising financial trajectory.
Bears say
Miller Industries Inc. faces significant challenges that could negatively impact its stock performance, primarily due to potential chassis shortages that could hinder revenue and earnings growth. The company's dependency on OEM relationships poses risks, as it may not be prioritized in chassis shipments compared to other truck upfitters, which could exacerbate the financial strain. Additionally, the management change risk and above-peer EBITDA multiples underscore underlying weaknesses in operational effectiveness, particularly in light of the existing market imbalance in chassis inventories.
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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