KB Home (KBH) Stock Forecast, Price Target & Predictions
KBH Stock Forecast
KB Home stock forecast is as follows: an average price target of $59.46 (represents a -23.93% downside from KBH’s last price of $78.16) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
KBH Price Target
The average price target for KB Home (KBH) is $59.46 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $31.00. This represents a potential -23.93% downside from KBH's last price of $78.16.
KBH Analyst Ratings
According to 20 Wall Street analysts, KB Home's rating consensus is 'Buy'. The analyst rating breakdown for KBH stock is 0 'Strong Buy' (0.00%), 9 'Buy' (45.00%), 8 'Hold' (40.00%), 3 'Sell' (15.00%), and 0 'Strong Sell' (0.00%).
KB Home Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 19, 2024 | Rafe Jadrosich | Bank of America Securities | $90.00 | $86.62 | 3.90% | 15.15% |
| Jun 20, 2024 | Jay McCanless | Wedbush | $67.00 | $68.04 | -1.53% | -14.28% |
| Jun 20, 2024 | Mike Dahl | RBC Capital | $70.00 | $68.04 | 2.88% | -10.44% |
| Jun 20, 2024 | Stephen Kim | Evercore ISI | $86.00 | $68.04 | 26.40% | 10.03% |
| Jun 17, 2024 | Michael Rehaut | J.P. Morgan | $70.50 | $68.87 | 2.36% | -9.80% |
| Mar 21, 2024 | Mike Dahl | RBC Capital | $69.00 | $68.62 | 0.55% | -11.72% |
| Mar 21, 2024 | Stephen Kim | Evercore ISI | $78.00 | $68.62 | 13.67% | -0.20% |
| Jan 09, 2024 | Joe Ahlersmeyer | Deutsche Bank | $46.00 | $62.64 | -26.56% | -41.15% |
| Jan 09, 2024 | Mark Weintraub | Seaport Global | $58.00 | $62.64 | -7.41% | -25.79% |
| Nov 20, 2023 | Jay McCanless | Wedbush | $55.00 | $53.38 | 3.03% | -29.63% |
The latest KB Home stock forecast, released on Sep 19, 2024 by Rafe Jadrosich from Bank of America Securities, set a price target of $90.00, which represents a 3.90% increase from the stock price at the time of the forecast ($86.62), and a 15.15% increase from KBH last price ($78.16).
KB Home Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 10 |
| Avg Price Target | - | $90.00 | $68.95 |
| Last Closing Price | $78.16 | $78.16 | $78.16 |
| Upside/Downside | -100.00% | 15.15% | -11.78% |
In the current month, the average price target of KB Home stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to KB Home's last price of $78.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Sep 25, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 23, 2024 | Zacks Investment Research | Positive | Positive | Hold |
| Sep 23, 2024 | Wedbush | Neutral | Neutral | Hold |
| Sep 09, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 05, 2024 | RBC Capital | Sector Perform | Underperform | Downgrade |
| Aug 05, 2024 | Seaport Global | Buy | Sell | Downgrade |
| Jul 15, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jun 20, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Jun 20, 2024 | Wedbush | Neutral | Neutral | Hold |
KB Home's last stock rating was published by Wells Fargo on Oct 07, 2024. The company Downgrade its KBH rating from "Equal-Weight" to "Underweight".
KB Home Financial Forecast
KB Home Revenue Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.59B | $1.77B | - | - | $1.84B | $1.72B | - | - | $1.47B | $1.44B | - | - | $999.01M | $913.97M | - | - | $1.16B |
| Avg Forecast | $2.43B | $2.04B | $1.86B | $1.60B | $2.15B | $1.98B | $1.75B | $1.52B | $1.99B | $1.73B | $1.65B | $1.46B | $1.63B | $1.47B | $1.43B | $1.32B | $1.98B | $1.88B | $1.65B | $1.50B | $1.71B | $1.56B | $1.48B | $1.21B | $1.14B | $888.46M | $1.11B | $957.79M | $1.61B | $1.17B |
| High Forecast | $2.52B | $2.11B | $1.93B | $1.66B | $2.22B | $2.05B | $1.81B | $1.53B | $2.01B | $1.73B | $1.65B | $1.46B | $1.66B | $1.53B | $1.48B | $1.37B | $2.06B | $1.94B | $1.70B | $1.54B | $1.77B | $1.61B | $1.53B | $1.25B | $1.18B | $917.31M | $1.14B | $988.89M | $1.66B | $1.21B |
| Low Forecast | $2.37B | $1.99B | $1.81B | $1.56B | $2.09B | $1.93B | $1.71B | $1.50B | $1.98B | $1.73B | $1.65B | $1.46B | $1.61B | $1.44B | $1.39B | $1.29B | $1.93B | $1.80B | $1.58B | $1.44B | $1.65B | $1.50B | $1.42B | $1.16B | $1.10B | $852.83M | $1.06B | $919.38M | $1.54B | $1.12B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 12 | 7 | 7 | 7 | 7 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.24% | - | - | 0.98% | 1.04% | - | - | 0.94% | 0.97% | - | - | 1.12% | 0.82% | - | - | 0.99% |
KB Home's average Quarter revenue forecast for Dec 23 based on 8 analysts is $1.63B, with a low forecast of $1.61B, and a high forecast of $1.66B. KBH's average Quarter revenue forecast represents a 2.41% increase compared to the company's last Quarter revenue of $1.59B (Aug 23).
KB Home EBITDA Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 12 | 7 | 7 | 7 | 7 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $194.53M | $214.94M | - | - | $329.83M | $282.87M | - | - | $185.78M | $173.92M | - | - | $98.83M | $61.59M | - | - | $95.45M |
| Avg Forecast | $274.73M | $230.39M | $209.87M | $180.54M | $242.56M | $223.92M | $197.56M | $171.90M | $225.11M | $195.41M | $186.73M | $237.69M | $183.54M | $166.32M | $161.00M | $216.08M | $232.72M | $211.86M | $186.11M | $196.43M | $193.60M | $176.57M | $167.54M | $116.43M | $128.86M | $100.33M | $125.19M | $45.70M | $181.38M | $132.29M |
| High Forecast | $284.57M | $238.64M | $217.39M | $187.01M | $251.25M | $231.94M | $204.64M | $173.02M | $227.37M | $195.52M | $186.73M | $285.22M | $186.96M | $172.28M | $166.77M | $259.29M | $279.27M | $218.74M | $192.15M | $235.72M | $199.88M | $182.30M | $172.98M | $139.72M | $133.04M | $103.59M | $129.25M | $54.84M | $187.27M | $136.58M |
| Low Forecast | $267.76M | $224.55M | $204.56M | $175.96M | $236.41M | $218.24M | $192.56M | $169.65M | $223.98M | $195.31M | $186.73M | $190.15M | $181.26M | $162.11M | $156.92M | $172.86M | $186.18M | $203.37M | $178.65M | $157.15M | $185.83M | $169.49M | $160.83M | $93.15M | $123.69M | $96.31M | $120.17M | $36.56M | $174.11M | $126.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.34% | - | - | 1.56% | 1.52% | - | - | 1.05% | 1.04% | - | - | 0.98% | 0.49% | - | - | 0.72% |
8 analysts predict KBH's average Quarter EBITDA for Dec 23 to be $183.54M, with a high of $186.96M and a low of $181.26M. This is -5.65% lower than KB Home's previous annual EBITDA (Aug 23) of $194.53M.
KB Home Net Income Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 12 | 7 | 7 | 7 | 7 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $149.93M | $164.44M | - | - | $255.33M | $210.67M | - | - | $150.10M | $143.36M | - | - | $78.42M | $51.99M | - | - | $68.14M |
| Avg Forecast | $271.89M | $212.54M | $184.47M | $144.21M | $224.54M | $191.74M | $165.79M | $123.88M | $189.74M | $157.44M | $138.04M | $171.82M | $129.99M | $109.76M | $101.88M | $156.20M | $175.32M | $204.30M | $156.54M | $142.00M | $135.58M | $122.70M | $101.61M | $86.50M | $71.20M | $40.97M | $41.02M | $35.85M | $98.15M | $50.72M |
| High Forecast | $284.56M | $222.44M | $193.07M | $150.92M | $235.00M | $200.67M | $173.51M | $130.44M | $196.65M | $157.46M | $138.06M | $206.19M | $140.10M | $111.45M | $106.63M | $187.44M | $210.39M | $212.93M | $163.15M | $170.40M | $140.27M | $127.88M | $105.90M | $103.80M | $74.21M | $42.70M | $42.75M | $43.02M | $102.29M | $52.86M |
| Low Forecast | $262.94M | $205.54M | $178.40M | $139.46M | $217.14M | $185.43M | $160.33M | $114.41M | $184.36M | $157.42M | $138.03M | $137.46M | $122.98M | $108.06M | $98.52M | $124.96M | $140.26M | $193.65M | $148.38M | $113.60M | $130.90M | $116.31M | $96.31M | $69.20M | $67.49M | $38.84M | $38.88M | $28.68M | $93.03M | $48.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.37% | 1.61% | - | - | 1.25% | 1.35% | - | - | 1.22% | 1.41% | - | - | 1.91% | 1.27% | - | - | 1.34% |
KB Home's average Quarter net income forecast for Dec 23 is $129.99M, with a range of $122.98M to $140.10M. KBH's average Quarter net income forecast represents a -13.30% decrease compared to the company's last Quarter net income of $149.93M (Aug 23).
KB Home SG&A Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 12 | 7 | 7 | 7 | 7 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $160.10M | $170.66M | - | - | $164.75M | $169.98M | - | - | $145.56M | $146.37M | - | - | $108.77M | $115.12M | - | - | $128.63M |
| Avg Forecast | $250.84M | $210.35M | $191.63M | $164.84M | $221.47M | $204.45M | $180.38M | $156.95M | $205.54M | $178.42M | $170.50M | $184.07M | $167.58M | $151.86M | $147.00M | $167.34M | $165.33M | $193.44M | $169.93M | $152.12M | $176.77M | $161.22M | $152.98M | $109.81M | $117.65M | $91.61M | $114.30M | $76.26M | $165.61M | $120.79M |
| High Forecast | $259.83M | $217.89M | $198.49M | $170.75M | $229.40M | $211.77M | $186.85M | $157.98M | $207.60M | $178.52M | $170.50M | $220.89M | $170.71M | $157.30M | $152.27M | $200.80M | $198.39M | $199.72M | $175.44M | $182.55M | $182.51M | $166.45M | $157.94M | $131.78M | $121.47M | $94.59M | $118.02M | $91.51M | $170.99M | $124.71M |
| Low Forecast | $244.48M | $205.02M | $186.77M | $160.66M | $215.86M | $199.27M | $175.81M | $154.90M | $204.51M | $178.33M | $170.50M | $147.26M | $165.50M | $148.01M | $143.27M | $133.87M | $132.26M | $185.68M | $163.11M | $121.70M | $169.68M | $154.75M | $146.84M | $87.85M | $112.94M | $87.94M | $109.72M | $61.01M | $158.97M | $115.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.16% | - | - | 0.85% | 1.00% | - | - | 0.90% | 0.96% | - | - | 1.19% | 1.01% | - | - | 1.06% |
KB Home's average Quarter SG&A projection for Dec 23 is $167.58M, based on 8 Wall Street analysts, with a range of $165.50M to $170.71M. The forecast indicates a 4.68% rise compared to KBH last annual SG&A of $160.10M (Aug 23).
KB Home EPS Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 12 | 7 | 7 | 7 | 7 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.86 | $2.00 | - | - | $2.94 | $2.39 | - | - | $1.66 | $1.55 | - | - | $0.86 | $0.57 | - | - | $0.77 |
| Avg Forecast | $3.55 | $2.77 | $2.41 | $1.88 | $2.93 | $2.50 | $2.16 | $1.62 | $2.48 | $2.05 | $1.80 | $1.57 | $1.70 | $1.43 | $1.33 | $1.13 | $2.86 | $2.67 | $2.04 | $1.54 | $1.77 | $1.60 | $1.33 | $0.92 | $0.93 | $0.53 | $0.54 | $0.45 | $1.28 | $0.66 |
| High Forecast | $3.71 | $2.90 | $2.52 | $1.97 | $3.07 | $2.62 | $2.26 | $1.70 | $2.57 | $2.05 | $1.80 | $1.57 | $1.83 | $1.45 | $1.39 | $1.19 | $2.99 | $2.78 | $2.13 | $1.60 | $1.83 | $1.67 | $1.38 | $0.96 | $0.97 | $0.56 | $0.56 | $0.47 | $1.33 | $0.69 |
| Low Forecast | $3.43 | $2.68 | $2.33 | $1.82 | $2.83 | $2.42 | $2.09 | $1.49 | $2.41 | $2.05 | $1.80 | $1.57 | $1.60 | $1.41 | $1.29 | $1.10 | $2.77 | $2.53 | $1.94 | $1.49 | $1.71 | $1.52 | $1.26 | $0.87 | $0.88 | $0.51 | $0.51 | $0.43 | $1.21 | $0.63 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.50% | - | - | 1.10% | 1.17% | - | - | 1.04% | 1.17% | - | - | 1.61% | 1.06% | - | - | 1.16% |
According to 8 Wall Street analysts, KB Home's projected average Quarter EPS for Dec 23 is $1.70, with a low estimate of $1.60 and a high estimate of $1.83. This represents a -8.80% decrease compared to KBH previous annual EPS of $1.86 (Aug 23).
KB Home Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MHO | M/I Homes | $153.61 | $197.50 | 28.57% | Strong Buy |
| BZH | Beazer Homes USA | $31.96 | $41.00 | 28.29% | Buy |
| TMHC | Taylor Morrison Home | $69.79 | $73.83 | 5.79% | Buy |
| LEN | Lennar | $166.33 | $160.61 | -3.44% | Buy |
| DHI | D.R. Horton | $161.13 | $150.82 | -6.40% | Buy |
| TOL | Toll Brothers | $151.66 | $125.06 | -17.54% | Buy |
| KBH | KB Home | $78.41 | $59.46 | -24.17% | Buy |
| PHM | PulteGroup | $127.48 | $92.50 | -27.44% | Buy |
| CCS | Century Communities | $85.64 | $60.67 | -29.16% | Buy |
| NVR | NVR | $9.11K | $4.90K | -46.19% | Hold |