MLKN Forecast


Bullish Case: MLKN has a positive momentum with a recent 5.9% increase in the past week and impressive Q1 2025 earnings. Increased call trading volume and favorable historical returns in short to mid-term holding windows complement this view.


Bearish Case: MLKN shows signs of potential struggles with flat price action, uncertainty around ROCE, and predicted EPS decreases by analysts. Historical volatility and underperformance in long-term holding windows support downside risks.


Potential Outcomes:

1) 70% chance of stable Q2 earnings maintaining current price due to steady demand.

2) 20% chance of sharp decline from macroeconomic headwinds affecting consumer spending.

3) 10% chance of significant upside from unexpected strong quarterly performance.


Trading Oracle: Execute a debit spread strategy with long calls at $30 and short calls at $35 expiring in September 2024. This balances the upside potential from positive earnings momentum with downside protection. Select this strategy due to favorable implied volatility spread and robust short-term momentum.


July 19, 2024


MillerKnoll Forecast

MLKN      MillerKnoll











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