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tradingview.comOCT 91 min read

Patrick Industries, Inc. Stock 12‑Month Price Target Cut to $103.55, Implies 59% Upside

Patrick Industries' average price target lowered to $103.55 from $105.09 by 11 analysts, with a range of $68 to $125. This implies 59% upside from the Oct. 8 closing price. The consensus rating remains 'Buy' with 8 Buys, 2 Holds, and 1 Sell.

Original reporting
tradingview.com
Published Oct 9, 2026, 4:20 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 9, 2026, 4:25 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Patrick Industries, Inc. Stock 12‑Month Price Target Cut to $103.55, Implies 59% Upside — source image
Source · tradingview.com
Decision brief

The 30-second read

Med
01

Why it matters

Analyst consensus remains a Buy, but the lower target may trigger short‑term selling.

02

Market read

The price‑target cut is a fresh analyst downgrade signal that could influence short‑term trading.

03

What to watch

Potential upcoming contract wins or cost reductions could offset the target reduction.

Relevance 6/10Novelty 6/10Timing: post‑market today

Background

Patrick Industries is a manufacturer of specialty products for the construction and industrial markets.

Market effects

Sector

Minimal; the change is specific to Patrick Industries and does not affect the broader industrial sector.

Regional

Limited to U.S. investors tracking the stock.

Global

Low; no global macro impact.

Counterpoint

What could challenge this read

Some investors may view the modest target cut as an opportunity if they believe the upside remains undervalued.

Key entities

  • Company
    Patrick Industries, Inc.

    Subject of the price‑target revision.

Read at source← All news

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