
Miller Industries (MLR) Stock Forecast & Price Target
Miller Industries (MLR) Analyst Ratings
Bulls say
Miller Industries Inc. is positioned favorably due to increased demand stemming from states adopting California Air Resources Board (CARB) regulations and a resurgence in military spending, which presents substantial growth opportunities for 2026-2027. The potential passage of the "Big Beautiful Bill" could further enhance capital expenditures on fleets, which would directly benefit the company's product offerings. Additionally, the return of military opportunities to pre-COVID levels signifies considerable pent-up demand, reinforcing Miller Industries’ positive outlook in the market.
Bears say
Miller Industries faces significant challenges that contribute to a negative outlook on its stock, particularly regarding ongoing chassis shortages, which could hinder revenue and earnings growth. Additionally, there is uncertainty around state regulations for electric vehicle (EV) tow trucks, which may impact future sales growth if the company cannot adapt to these changes. Compounding these issues, the company's valuation appears unfavorable relative to its peers, attributed to low EBITDA amid a discrepancy in chassis inventories, indicating potential inefficiencies in operations.
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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