
Miller Industries (MLR) Stock Forecast & Price Target
Miller Industries (MLR) Analyst Ratings
Bulls say
Miller Industries is supported by resilient end-market demand, with aged vehicles, more miles driven, denser traffic, and rising demand from CARB states continuing to drive the need for towing and recovery equipment. Recent results were strong, as 2Q:26 revenues of $239.9M and EPS of $0.63 both beat expectations, while management maintained 2026 revenue guidance of $850M-$900M and expects a $250M quarterly run rate to persist into 2027. The company also has clear margin upside from normalized mix, higher pricing, Military orders beginning later in the year and starting in late 2027, and the 2028+ facility opening that should ease bottlenecks and improve efficiency.
Bears say
Miller Industries is facing a negative setup because its recent results missed expectations, with revenues of $180.9M below the $186.2M estimate and EPS of $0.05 versus $0.22, while one-time Omars deal costs further distorted profitability. The company is also operating close to capacity, so sustaining growth may require new efficiencies or expansion, and any chassis shortages, activist distractions, or management disruption could quickly pressure sales and earnings. In addition, its exposure to changing macro trends, potential EV tow-truck regulation, and small-cap low-float volatility leaves the stock vulnerable if demand or sentiment weakens.
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
Start investing in Miller Industries (MLR)
Order type
Buy in
Order amount
Est. shares
0 shares
FAQs About Miller Industries (MLR) Forecast
Miller Industries (MLR) Analyst Forecast & Price Prediction
Start investing in Miller Industries (MLR)
Order type
Buy in
Order amount
Est. shares
0 shares