Thor Industries (NYSE:THO) is a leading manufacturer of recreational vehicles (RVs) and campers, known for its wide range of products that cater to various consumer needs. Operating in a competitive market with major players like Winnebago Industries and Forest River, Thor has maintained a strong market presence.
On September 26, 2025, BMO Capital maintained its "Outperform" rating for Thor Industries, with the stock priced at $105.81. BMO Capital also raised the price target from $105 to $115, indicating confidence in Thor's future performance. This optimism is supported by Thor's stable business and potential growth over the next 12 months.
Thor Industries is on track to achieve new stock price highs by early 2026. The Federal Open Market Committee's decision to reduce interest rates by 75 basis points over the next two to three quarters is expected to boost demand for discretionary items like RVs. This could help Thor outperform its own guidance.
The company is benefiting from system-wide efficiencies that generate strong cash flow. This cash flow supports significant capital returns through dividends and share repurchases, yielding about 2.25% annually. Thor's fiscal year 2025 balance sheet reflects asset growth, further supporting its positive outlook.
Currently, Thor's stock is priced at $105.81, a decrease of 2.47% or $2.68. The stock has fluctuated between $103.37 and $106.89 today. Over the past year, it reached a high of $118.85 and a low of $63.16. Thor has a market capitalization of approximately $5.62 billion, with a trading volume of 923,198 shares on the NYSE.
