MillerKnoll (MLKN) recently drew fresh attention after being added to the Fortune World’s Most Admired Companies 2026 list, highlighting how the post merger furniture group is being viewed by global corporate peers.

The recognition comes as MillerKnoll’s share price, last closing at US$19.59, shows a 30-day share price return of 8.23% and a 90-day share price return of 12.26%, even though the 1-year total shareholder return is a 9.33% decline. Recent attention has also included the appointment of experienced retail executive Claire Spofford to the board, which may influence how investors view the company’s retail ambitions and long term brand potential.

If this kind of brand momentum has your attention, it might be a good time to widen your watchlist with fast growing stocks with high insider ownership.

With the share price at US$19.59, some metrics suggest a discount to various estimates. However, the business still reports a loss, so is MillerKnoll a value opportunity, or is the market already pricing in any future growth?

Most Popular Narrative: 38.8% Undervalued

Compared with MillerKnoll’s last close at $19.59, the most followed narrative points to a fair value of $32, which is a much higher anchor price.

The restructuring of MillerKnoll's reporting segments to better align with strategic goals could improve operational clarity and facilitate growth, potentially boosting revenue and net earnings by optimizing resource allocation and improving market focus.

It is worth considering what kind of revenue path and margin improvement would support that higher value. The narrative focuses on a clear profit turnaround and a tighter earnings multiple, and it is useful to understand how those elements might work together.

Result: Fair Value of $32 (UNDERVALUED)

However, there is still a risk that tariffs, macro shifts, and weaker North America Contract orders could pressure margins and undercut the higher-value story.

Build Your Own MillerKnoll Narrative

If you have a different perspective on the numbers or prefer to use your own assumptions, you can quickly build a custom view of MillerKnoll by starting with Do it your way.

A great starting point for your MillerKnoll research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.