Armstrong World Industries

AWI · NYSE

$169.51+$2.11 (+1.26%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $167.40

AWI analyst rating

BuyConsensus of 5 analysts over the last 12 months. 80% rate it a buy.

Strong buy0
Buy4
Hold1
Underperform0
Sell0

12-month price target · 13 analysts

Average $210.98 (+24.5% upside)

Low: $175.74
Now: $169.51
High: $241.50

Upgrades and downgrades

The latest rating actions, newest first

AWI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
DA Davidson	Sep 1, 2026	Maintains	Buy	$215.00	52%
DA Davidson	Aug 25, 2026	Initiates	Buy	$215.00	52%
UBS	Apr 29, 2026	Maintains	Neutral	$200.00 → $195.00	46%
Evercore ISI Group	Apr 29, 2026	Upgrade	In-Line → Outperform	$203.00 → $200.00	49%
B of A Securities	Apr 20, 2026	Maintains	Buy	$216.00 → $210.00	58%
Evercore ISI Group	Apr 13, 2026	Maintains	In-Line	$191.00 → $203.00	49%
Evercore ISI Group	Feb 25, 2026	Maintains	In-Line	$189.00 → $191.00	49%
UBS	Oct 29, 2025	Maintains	Neutral	$178.00 → $200.00	46%
JP Morgan	Oct 29, 2025	Maintains	Overweight	$210.00 → $220.00	27%

The case for and against

Updated Feb 9, 2026

Bull case

Armstrong World Industries Inc. has demonstrated a robust financial performance, highlighted by a substantial contribution margin exceeding 50%, leading to significant increases in EBITDA even with modest volume growth. Since recovering from the COVID-induced downturn, the company has achieved a consistent EBITDA growth rate of 11% CAGR, indicating resilience and operational efficiency. Estimates suggest that the company's revenues will approach $600 million this year, contributing significantly to overall growth and solidifying its positive financial trajectory.

Bear case

Armstrong World Industries Inc. has experienced a persistent decline in its Mineral Fiber (MF) segment growth, which is a significant concern for investors focusing on the company's financial health. Current MF volumes are reported to be approximately 15% below 2019 levels, largely attributed to the aftermath of the COVID-19 pandemic, highlighting the challenges in recovering pre-pandemic performance. Additionally, while the company's revenue remains strong compared to Building Product peers, there are concerns about potential mix pressures that may further impact profitability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.