MillerKnoll Inc. (MLKN) Options Positioning, Max Pain & Unusual Sweeps

$21.49 +0.75% NASDAQ β€’ Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $21.48

MillerKnoll Inc. (MLKN) carries a Roarable Rating of C+ (Hold) with 67/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C+ β€’ HOLD / WATCH Cap $1.48B
πŸ“€ Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚑ INSTANT AI QUANT PREVIEW β€’ $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on MLKN Below β€” or Connect Your Own ChatGPT / Claude
πŸ€– Mara Quenwick β€’ AI Quant Lead (Click for Instant Brief) Is MLKN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
β–Ό

As of 2026-11-03, MillerKnoll Inc. (NASDAQ: MLKN) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 67/100 at a spot price of $21.49 (+0.75% 1D, market cap $1.48B). Pillar breakdown: Fundamental Cash Engine 10/20, Institutional 13F & Options Flow 13/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 12/20, and SEC Balance-Sheet Forensics 18/20. Across 1011 tracked Consumer Discretionary issuers, MLKN ranks #206 in composite RQD confidence.

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– Ellis Vennor β€’ AI Peer & Flow Quant (Click for Instant Brief) How does MLKN compare to HNI and EBF in the Consumer Discretionary sector?
β–Ό

Within the Consumer Discretionary sector (Office Equipment/Supplies/Services), MLKN carries a Roarable C+ (67/100 RQD), trailing P/E of 16.0x, gross margin of 38.8%, and ROIC of 14.0%. By comparison, HNI (HNI Corporation) holds a C- grade (60/100 RQD, P/E 63.8x, ROIC 3.4%, cap $3.54B) and EBF (Ennis Inc.) posts a B grade (72/100 RQD, P/E 12.9x, ROIC 15.2%, cap $541.3M). Among the 5-stock peer group, EBF leads on earnings multiple (12.9x) while EBF leads on capital efficiency (15.2% ROIC).

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– Gideon Ashmere β€’ AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for MLKN?
β–Ό

Per MLKN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-05-30, CIK 0000066382), MillerKnoll Inc. generated $3.84B in revenue (+4.7% YoY), $91.5M in net income, and $77.6M in free cash flow against $3.95B in total assets and $0 in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists β€” not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
πŸ›‘οΈ Portfolio Crash X-Ray
EXT / AFTER-HRS: $21.48 (-0.05%)🧬 Cannibal Buyback (-2.92% YoY Shares)βš™οΈ Cash Engine: 10/20 (D) β€’ 2% FCF Margin
Verify 90D Bucket Audit β†’
πŸ“Š Historical Track Record: Scores of 67/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.6% avg 90D alpha vs SPY β€’ 56.4% hit rate β€” wait for RQD β‰₯ 70 breakout).
Audit Bucket Track Record β†’
RQD QUANT TACHOMETERHOLD / WATCH β€’ C+
025507510067
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) β€” not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C+ Β· Rk C
Cash (10)Whales (13)SEC (14)Macro (12)CEO (18)
Each axis scored 0–20
12M PRICE TARGET CONE+4% Base Target
$26 Bull$22 Base$17 Bear
πŸ“¬ FREE MLKN RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: β€” (No Active Options Snapshot on file for MLKN)Realized 20D OHLCV Swing Band: Β±7.4%
Deterministic 5-Pillar Attribution (67/100 Composite)
πŸ” WHY MLKN SCORES 67/100 (C+) β€” TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
β–² #1 Bullish Driver: Insider Conviction & Share Dilution+18/20 pts (27% of score)

SEC Form 4 / 13F Thermometer: 86% Net Buy β€’ Cannibal Buyback (-2.92% YoY Shares)

β–² #2 Bullish Driver: SEC 10-K Forensic Risk+14/20 pts (21% of score)

Altman Z-Score 1.86 (WATCH ZONE (1.8–3.0)) β€’ Piotroski F-Score 8/9

β–Ό #1 Drag / Risk Factor: Cash Engine Quality10/20 pts (-10 pt drag)

Capital intensity & 5.2% operating margin leave 10 pts on the table

πŸ“ˆ PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 β†’ Q2 β†’ Q3 β†’ Current
Q1 (-3Q)
59
Grade C$21.46-0.9% Next Q
Q2 (-2Q)
62
Grade C+$21.27-2.4% Next Q
Q3 (-1Q)
64
Grade C+$20.76+3.5% Next Q
Current
67
Grade C+$21.49+1.6% Hist 90D Ξ±
Trajectory: C (59) β†’ C+ (67)Full Audit β†’
βš”οΈ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

βš”οΈ Adversarial Opposing Case: Why the MLKN Bull Thesis Could Fail

Gideon Ashmere Forensic Desk β†’

Even with a 67/100 (C+) score, MLKN faces multiple-compression risk if 16.0x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.92% YoY Shares) β€” any gross margin slip below 36.3% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($21.22) or 200D SMA ($19.47) invalidates the momentum regime and cuts Target Base ($22.36) toward Bear Floor ($17.44).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $MLKNβ€’ $2.4M Crowd Pool β€’ Kalshi / Polymarket Composite
Contract: β€œMLKN Beats Next Quarter EPS Consensus (Nov 28, 2026) & Holds Above 200D SMA”
CALL VS. PUT WHALE SHARE
β€” (No Active Options Snapshot)
Put/Call Ratio: β€” (No Active Options Snapshot)
MAX-PAIN EXPIRATION MAGNET
β€” (No Active Options Snapshot)
No active options chain max-pain snapshot on file
HISTORICAL 20D VOLATILITY SWING
Β±7.4%
Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (MLKN)

β€” (No Active Options Snapshot) β€” No unusual CBOE strike concentration anomalies recorded in the current database snapshot for MLKN.

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Whale Flow & Momentum Playbook: Evaluating MLKN & AI Leaders Without Chasing Tops

  • βœ“Institutional whale strikes & implied earnings move audit on MLKN
  • βœ“How disciplined traders manage risk using pre-published trigger & invalidation levels
  • βœ“Includes nightly RQD rating-change & forensic signal email alerts on tracked leaders
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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MLKN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +38.73%⚑ TESTING RESISTANCE
2026-11-03O $21.33H $21.49L $21.33C $21.49VOL 322.6K
RES: $21.77SUP: $20.43SMA50: $21.22SMA200: $19.47
$25.46$22.36$19.25$16.15$13.05RES $21.77SUP $20.43$21.492026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

MLKN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.6%/yr Implied 5Y Growth

vs. +4.7% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on MLKN today. View full Setup Ledger β†’

πŸ¦‹ Documented & Second-Order Butterfly Connections Open Graph β†’

No direct multi-tier Butterfly edges indexed yet for MLKN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for MLKN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk β†’
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT β€’ SEC EDGAR XBRL Γ— RQD PEER BENCHMARK

πŸ“Š Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (MLKN)

Consumer Discretionary Rank #206 of 1011 βš”οΈ HNI vs MLKN Full Matrix β†’

1. Head-to-Head Consumer Discretionary Peer Comparison (MLKN vs. HNI, EBF, BTOC, ILAG)

Industry: Office Equipment/Supplies/Services (13 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, MillerKnoll Inc. (MLKN) ranks #206 by composite RQD confidence (67/100, grade C+) and #459 by equity capitalization ($1.48B). Within this direct 5-issuer industry benchmark cohort, EBF leads on earnings valuation at 12.9x trailing P/E, while EBF leads on capital efficiency and profitability with 15.2% ROIC and 30.7% gross margin. EBF currently holds the highest overall quantitative score in the immediate peer group at 72/100 (B) compared with MLKN at 67/100 (C+).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
MLKN ACTIVE
MillerKnoll Inc.
C+ 67/100 16.0x 38.8% 14.0% +0.75% $1.48B Benchmark Subject
HNI
HNI Corporation
C- 60/100 63.8x 41.4% 3.4% +2.32% $3.54B /hni-vs-mlkn β†’
EBF
Ennis Inc.
B 72/100 12.9x 30.7% 15.2% -1.75% $541.3M /ebf-vs-mlkn β†’
BTOC
Armlogi Holding Corp.
E 23/100 β€” -1.6% -35.0% +4.76% $6.3M /btoc-vs-mlkn β†’
ILAG
Intelligent Living Application Group Inc.
E 28/100 β€” 2.9% -35.0% -5.24% $4.1M /ilag-vs-mlkn β†’

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K β€’ FILED 2026-05-30 β€’ CIK 0000066382

In its most recent audited fiscal period (FY2025, filed 2026-05-30), MillerKnoll Inc. (MLKN) reported GAAP revenue of $3.84B (+4.7% vs. FY2024 revenue of $3.67B , and +5.9% cumulative change since FY2023) , GAAP net income of $91.5M, operating cash flow of $199.9M, and free cash flow of $77.6M (-23.7% YoY). On the balance sheet, MLKN closed FY2025 with $3.95B in total assets against $0 in total debt (Altman Z-Score: 1.86, Piotroski F-Score: 8/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2026-05-30 $3.84B $91.5M $199.9M $77.6M $3.95B β€”
FY2024 (FY) 2025-05-31 $3.67B -$36.9M $209.3M $101.7M $4.04B β€”
FY2023 (FY) 2024-06-01 $3.63B $82.3M $352.3M $352.3M β€” β€”

3. MLKN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

βœ“ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is MLKN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, MillerKnoll Inc. (NASDAQ: MLKN) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 67/100 at a spot price of $21.49 (+0.75% 1D, market cap $1.48B). Pillar breakdown: Fundamental Cash Engine 10/20, Institutional 13F & Options Flow 13/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 12/20, and SEC Balance-Sheet Forensics 18/20. Across 1011 tracked Consumer Discretionary issuers, MLKN ranks #206 in composite RQD confidence.

How does MLKN compare to HNI and EBF in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Office Equipment/Supplies/Services), MLKN carries a Roarable C+ (67/100 RQD), trailing P/E of 16.0x, gross margin of 38.8%, and ROIC of 14.0%. By comparison, HNI (HNI Corporation) holds a C- grade (60/100 RQD, P/E 63.8x, ROIC 3.4%, cap $3.54B) and EBF (Ennis Inc.) posts a B grade (72/100 RQD, P/E 12.9x, ROIC 15.2%, cap $541.3M). Among the 5-stock peer group, EBF leads on earnings multiple (12.9x) while EBF leads on capital efficiency (15.2% ROIC).

What are the biggest fundamental strengths and SEC risk factors for MLKN?

Per MLKN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-05-30, CIK 0000066382), MillerKnoll Inc. generated $3.84B in revenue (+4.7% YoY), $91.5M in net income, and $77.6M in free cash flow against $3.95B in total assets and $0 in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is MLKN trading relative to its 50-day, 200-day, and 52-week technical levels?

MLKN last traded at $21.49 (+0.75% on volume of 322,567 shares), positioning the stock +1.27% above its 50-day simple moving average ($21.22) and +10.37% above its 200-day simple moving average ($19.47). Across its 52-week range of $13.77 to $24.71, MLKN sits at the 70.6% percentile with a 14-day RSI of 54.3 (NEUTRAL RANGE) and an implied next-earnings move of Β±7.4% ($19.90 to $23.08).

MLKN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS β€’ SEC EDGAR Γ— CBOE Γ— FRED

What is MLKN's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for MLKN.

ROARABLE RATING BRIEF β€’ RQD 67/100 (C+) βœ“ STAGE-C NUMBER FIREWALL VERIFIED

MLKN β€” MillerKnoll Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:29:05Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, MLKN carries an RQD Score of 65 out of 100, a letter grade of C, and the verdict label "Roarable Hold β€” Fair / Balanced Risk-Reward." The five pillars break down as follows. Fundamental Cash Engine scores 10 of 20, anchored by a ROIC of 14% and an FCF yield of 5.29%; this is the pillar that most directly reflects the cash the business generates relative to its capital base and price. Whale 13F Flow scores 11 of 20, reflecting institutional accumulation and options positioning, a middling reading. Insider Conviction scores 18 of 20, the strongest pillar, based on SEC Form 4 and Congressional PTR cluster flow. Macro Regime Fit scores 12 of 20, consistent with a Beta of 1.0 and sector sensitivity. Forensic Balance Sheet scores 14 of 20, supported by an Altman Z of 1.86, a Piotroski F of 8 out of 9, and a Debt/Equity of 0.5. For a prospective investor, the pattern is a company with a strong balance-sheet and insider-activity profile, a moderate cash-generation profile, and an unremarkable macro and institutional-flow profile. The verdict frames the risk-reward as balanced rather than asymmetric in either direction. Upside drivers are the insider-conviction and forensic strengths; the valuation tradeoff is that a 16 TTM P/E and 4.3 EV/EBITDA sit alongside thin margins (operating 5.2%, net 2.4%), so earnings quality and margin recovery are the central question. This is an educational reading of the source data, not personalized advice.

Snapshot

PriceMarket CapP/E (TTM)Forward P/EEV/EBITDAEPS (TTM)Dividend YieldBeta52-Wk RangeROIC %
21.33$1.47B1614.94.31.333.48%1.0$13.77 - $24.7114%

Recent Catalysts & News Wire Analysis

Per the recent news feed, the items are: a Yahoo Finance market-action and positioning report (MARKET WIRE); a TradingView estimates report (MARKET WIRE); a Globe and Mail report that MillerKnoll Names Jeff Stutz Permanent Chief Executive Officer (flagged RISK WATCH, RED light); a Simply Wall St attention report (MARKET WIRE); a MarketBeat report that the stock was bumped up to Strong-Buy by Benchmark (MARKET WIRE); and a MarketBeat report that the price crossed above its fifty-day moving average (MARKET WIRE). The leadership-permanence headline is the only item carrying a RISK WATCH label, and it is the single highest-attention governance item in the feed. Per the Butterfly Supply-Chain Graph, the supply_chain field is NONE, there are no butterfly links, and there are no proprietary signals.

Open Questions

  • What are the specific products, customer segments, and revenue mix behind the $3841.7M FY 2025 revenue figure?
  • What drove the swing from net income of $-36.9M in FY 2024 to $91.5M in FY 2025, and is the margin recovery durable?
  • Why is FY 2025 FCF of $77.6M sharply below FY 2023's $352.3M, and what is the outlook for cash generation?
  • What is the company's total debt and EPS for the reported periods, which are missing from the financials?
  • What is the analyst consensus, and what do the insider and institutional holder filings show, given that those sections are empty?

MLKN Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for MillerKnoll Inc. (MLKN) β€’ Click "Debate This Headline" to argue it in the Roar Pit below

πŸ’¬ Jump to MLKN Debate Forum (3) ↓
πŸ”₯ THE ROAR PIT β€’ LIVE COMMUNITY DEBATE 3 Active Posts & Replies

MLKN Bull vs. Bear Conversation Board β€” What's Your Call at $21.49?

πŸ‚ 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON MLKN 🐻 50% BEARISH CONVICTION
1. Pick Your Side on MLKN:
πŸ’‘ Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk βš–οΈ DEBATE HOST 🎯 Target: $23.04 (+8.0%)
πŸ“Œ Pinned Debate

πŸ”₯ Official Bull vs. Bear Debate: Is MLKN (C β€’ RQD 65/100) a Buy at $21.33?

Welcome to the MLKN (MillerKnoll Inc.) Roar Pit. Current RQD Composite is 65/100 (Roarable Hold β€” Fair / Balanced Risk-Reward) in Office Equipment/Supplies/Services. Bulls point to capital efficiency (14.0% ROIC), while bears focus on macro rate sensitivity and margin execution. Pick your side (πŸ‚ Bull or 🐻 Bear) and drop your price target below.

SK SkepticalCFA Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $17.92 (-16.0%)
Spot @ $21.33

Pump the brakes on MLKN β€” check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on MLKN, but look at what you are paying: 16.0x trailing P/E with 38.8% gross margins. Unless MillerKnoll Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

SI SiliconVal_Bull Verified K Arena Trader πŸ‚ BULLISH 🎯 Target: $25.38 (+19.0%)
Spot @ $21.33

MLKN cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on MLKN, the market is fixating on short-term headline noise in Office Equipment/Supplies/Services and ignoring the balance sheet and cash flow trajectory. At $21.33 (52-wk range $13.77 - $24.71), any beat on forward guidance forces shorts and underweight funds to chase.

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