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Miller Industries (MLR) Stock Forecast & Price Target

Miller Industries (MLR) Analyst Ratings

Based on 2 analyst ratings
Buy
Strong Buy 50%
Buy 0%
Hold 50%
Sell 0%
Strong Sell 0%

Bulls say

Miller Industries Inc. is positioned for growth due to increased demand from California Air Resources Board (CARB) states and military sectors, which are projected to drive opportunities leading into 2026-2027. The favorable regulatory environment, indicated by potential supportive legislation such as the "Big Beautiful Bill," is expected to enhance capital expenditures for fleets. Additionally, the resurgence of military opportunities to pre-COVID levels signals substantial pent-up demand, further reinforcing the positive outlook for the company's financial performance.

Bears say

Miller Industries's stock outlook appears negative due to significant concerns regarding the company's reliance on OEMs for chassis supplies, where the lack of assured prioritization could lead to shortages that may impair revenues and earnings. Additionally, potential changes in state regulations for electric vehicle tow trucks pose a risk to future operational stability, further complicating sales growth prospects. Finally, the current financial multiple is elevated compared to peers, driven by low EBITDA levels attributable to imbalances in chassis inventories, indicating a potentially unfavorable valuation metric for investors.

Miller Industries (MLR) has been analyzed by 2 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 0% recommend Buy, 50% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Miller Industries and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Miller Industries (MLR) Forecast

Analysts have given Miller Industries (MLR) a Buy based on their latest research and market trends.

According to 2 analysts, Miller Industries (MLR) has a Buy consensus rating as of Nov 26, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $55, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $55, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Miller Industries (MLR)


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