Benchmark Reiterates Buy Rating on HNI Corp (HNI) Ahead of Q2 Results

Benchmark analyst Reuben Garner reiterated a Buy rating and $65.00 price target on HNI Corp (NYSE: HNI).

The analyst commented, "HNI Corporation, coming off a first quarter in which the company was able to post solid results despite a slow start to the year (weather, initial Iran War fallout), is set to report 2Q26 results on July 30th. Still one of our “Best Ideas” for the year, shares have rallied over the past month (up ~20%) yet remain roughly 7% lower YTD. In what will be the second full quarter with Steelcase under its belt (4Q25’s awkward stump period didn’t help the share price either), management remains bullish on its potential within the HNI ecosystem while both historic industry indicators and dealer sentiment reinforce the positive outlook within commercial interiors as a whole. As such, we are reiterating our FY26 and FY27 EPS estimates along with out Buy rating and $65 PT."

For an analyst ratings summary and ratings history on HNI Corp click here. For more ratings news on HNI Corp click here.

Shares of HNI Corp closed at $39.69 yesterday.

You May Also Be Interested In

• Phillips 66, Marathon Merger Talks Collapsed - Semafor
• Cantor Fitzgerald Reiterates Overweight Rating on Merlin Labs (MRLN)
• Fiserv (FISV) PT Lowered to $60 at Freedom Broker