KB Home (KBH) Stock Forecast, Price Target & Predictions
KBH Stock Forecast
KB Home stock forecast is as follows: an average price target of $56.38 (represents a -34.47% downside from KBH’s last price of $86.04) and a rating consensus of 'Hold', based on 19 wall street analysts offering a 1-year stock forecast.
KBH Price Target
The average price target for KB Home (KBH) is $56.38 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $86.00 to $31.00. This represents a potential -34.47% downside from KBH's last price of $86.04.
KBH Analyst Ratings
According to 19 Wall Street analysts, KB Home's rating consensus is 'Hold'. The analyst rating breakdown for KBH stock is 0 'Strong Buy' (0.00%), 8 'Buy' (42.11%), 9 'Hold' (47.37%), 2 'Sell' (10.53%), 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 |
|---|---|---|---|---|---|---|
| Jun 20, 2024 | Jay McCanless | Wedbush | $67.00 | $68.04 | -1.53% | -22.13% |
| Jun 20, 2024 | Mike Dahl | RBC Capital | $70.00 | $68.04 | 2.88% | -18.64% |
| Jun 20, 2024 | Stephen Kim | Evercore ISI | $86.00 | $68.04 | 26.40% | -0.05% |
| Jun 17, 2024 | Michael Rehaut | J.P. Morgan | $70.50 | $68.87 | 2.36% | -18.06% |
| Mar 21, 2024 | Mike Dahl | RBC Capital | $69.00 | $68.62 | 0.55% | -19.80% |
| Mar 21, 2024 | Stephen Kim | Evercore ISI | $78.00 | $68.62 | 13.67% | -9.34% |
| Jan 09, 2024 | Joe Ahlersmeyer | Deutsche Bank | $46.00 | $62.64 | -26.56% | -46.54% |
| Jan 09, 2024 | Mark Weintraub | Seaport Global | $58.00 | $62.64 | -7.41% | -32.59% |
| Nov 20, 2023 | Jay McCanless | Wedbush | $55.00 | $53.38 | 3.03% | -36.08% |
| Oct 16, 2023 | Susan Maklari | Goldman Sachs | $48.00 | $43.79 | 9.61% | -44.21% |
The latest KB Home stock forecast, released on Jun 20, 2024 by Jay McCanless from Wedbush, set a price target of $67.00, which represents a -1.53% decrease from the stock price at the time of the forecast ($68.04), and a -22.13% decrease from KBH last price ($86.04).
KB Home Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 12 |
| Avg Price Target | - | $73.38 | $63.38 |
| Last Closing Price | $86.04 | $86.04 | $86.04 |
| Upside/Downside | -100.00% | -14.71% | -26.34% |
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 $86.04. 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 |
|---|---|---|---|---|
| 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 |
| Jun 20, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 17, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jun 17, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jun 17, 2024 | UBS | Buy | Buy | Hold |
KB Home's last stock rating was published by Wells Fargo on Sep 09, 2024. The company gave KBH a "Equal-Weight" rating, the same as its previous rate.
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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.59B | $1.77B | - | - | $1.84B | $1.72B | - | $1.68B | $1.47B | $1.44B | - | $1.19B | $999.01M | $913.97M | $1.08B | $1.56B | $1.16B |
| Avg Forecast | $2.29B | $1.92B | $1.75B | $1.41B | $2.13B | $1.84B | $1.68B | $1.44B | $1.93B | $1.73B | $1.65B | $1.46B | $1.63B | $1.47B | $1.43B | $1.32B | $1.98B | $1.57B | $1.63B | $1.50B | $1.71B | $1.56B | $1.48B | $1.21B | $1.14B | $888.46M | $1.11B | $957.79M | $1.61B | $1.17B |
| High Forecast | $2.29B | $1.92B | $1.75B | $1.41B | $2.13B | $1.84B | $1.68B | $1.44B | $1.93B | $1.73B | $1.65B | $1.46B | $1.66B | $1.47B | $1.43B | $1.32B | $1.98B | $1.89B | $1.95B | $1.60B | $1.84B | $1.68B | $1.59B | $1.30B | $1.22B | $953.37M | $1.19B | $1.03B | $1.72B | $1.26B |
| Low Forecast | $2.29B | $1.92B | $1.75B | $1.41B | $2.13B | $1.84B | $1.68B | $1.44B | $1.93B | $1.72B | $1.65B | $1.46B | $1.61B | $1.47B | $1.43B | $1.32B | $1.98B | $1.26B | $1.30B | $1.41B | $1.61B | $1.47B | $1.39B | $1.14B | $1.07B | $835.31M | $1.04B | $900.50M | $1.51B | $1.10B |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 5 | 8 | 6 | 4 | 16 | 8 | 19 | 8 | 3 | 4 | 4 | 9 | 9 | 16 | 9 | 10 | 16 | 8 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.24% | - | - | 1.17% | 1.06% | - | 0.98% | 0.94% | 0.97% | - | 1.05% | 1.12% | 0.82% | 1.12% | 0.97% | 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 5 | 8 | 6 | 4 | 16 | 8 | 19 | 8 | 3 | 4 | 4 | 9 | 9 | 16 | 9 | 10 | 16 | 8 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $194.53M | $214.94M | - | - | $329.83M | $282.87M | - | $226.50M | $185.78M | $173.92M | - | $125.74M | $98.83M | $61.59M | $70.10M | $179.90M | $95.45M |
| Avg Forecast | $258.84M | $217.14M | $198.05M | $159.24M | $240.78M | $208.05M | $189.37M | $162.84M | $217.74M | $195.41M | $186.73M | $237.69M | $183.54M | $166.32M | $161.00M | $216.08M | $224.11M | $194.12M | $232.65M | $196.43M | $211.57M | $176.47M | $151.60M | $116.43M | $105.75M | $55.20M | $70.66M | $45.70M | $169.63M | $88.48M |
| High Forecast | $258.84M | $217.14M | $198.05M | $159.24M | $240.78M | $208.05M | $189.37M | $162.84M | $217.74M | $195.41M | $186.73M | $285.22M | $186.96M | $166.32M | $161.00M | $259.29M | $224.11M | $232.94M | $279.18M | $235.72M | $253.88M | $211.77M | $181.92M | $139.72M | $126.90M | $66.24M | $84.79M | $54.84M | $203.55M | $106.18M |
| Low Forecast | $258.84M | $217.14M | $198.05M | $159.24M | $240.78M | $208.05M | $189.37M | $162.84M | $217.74M | $194.29M | $186.73M | $190.15M | $181.26M | $166.32M | $161.00M | $172.86M | $224.11M | $155.30M | $186.12M | $157.15M | $169.25M | $141.18M | $121.28M | $93.15M | $84.60M | $44.16M | $56.53M | $36.56M | $135.70M | $70.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.34% | - | - | 1.70% | 1.22% | - | 1.07% | 1.05% | 1.15% | - | 1.19% | 1.79% | 0.87% | 1.53% | 1.06% | 1.08% |
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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 5 | 8 | 6 | 4 | 16 | 8 | 19 | 8 | 3 | 4 | 4 | 9 | 9 | 16 | 9 | 10 | 16 | 8 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $149.93M | $164.44M | - | - | $255.33M | $210.67M | - | $174.23M | $150.10M | $143.36M | - | $106.09M | $78.42M | $51.99M | $59.75M | $123.17M | $68.14M |
| Avg Forecast | $263.42M | $201.58M | $167.59M | $116.99M | $221.90M | $185.72M | $164.77M | $128.87M | $189.17M | $160.25M | $140.16M | $171.82M | $131.98M | $111.44M | $103.44M | $156.20M | $222.50M | $160.98M | $173.24M | $142.00M | $159.38M | $146.34M | $120.03M | $86.50M | $84.42M | $39.93M | $48.99M | $35.85M | $121.26M | $60.91M |
| High Forecast | $263.42M | $201.58M | $167.59M | $116.99M | $221.90M | $185.72M | $164.77M | $128.87M | $189.17M | $164.17M | $140.16M | $206.19M | $142.26M | $111.44M | $103.44M | $187.44M | $222.50M | $193.17M | $207.89M | $170.40M | $191.26M | $175.61M | $144.03M | $103.80M | $101.30M | $47.92M | $58.79M | $43.02M | $145.51M | $73.09M |
| Low Forecast | $263.42M | $201.58M | $167.59M | $116.99M | $221.90M | $185.72M | $164.77M | $128.87M | $189.17M | $155.53M | $140.16M | $137.46M | $124.87M | $111.44M | $103.44M | $124.96M | $222.50M | $128.78M | $138.59M | $113.60M | $127.51M | $117.08M | $96.02M | $69.20M | $67.53M | $31.95M | $39.19M | $28.68M | $97.01M | $48.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 1.59% | - | - | 1.59% | 1.22% | - | 1.09% | 1.03% | 1.19% | - | 1.26% | 1.96% | 1.06% | 1.67% | 1.02% | 1.12% |
KB Home's average Quarter net income forecast for Dec 23 is $131.98M, with a range of $124.87M to $142.26M. KBH's average Quarter net income forecast represents a -11.97% 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 5 | 8 | 6 | 4 | 16 | 8 | 19 | 8 | 3 | 4 | 4 | 9 | 9 | 16 | 9 | 10 | 16 | 8 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $160.10M | $170.66M | - | - | $164.75M | $169.98M | - | $164.30M | $145.56M | $146.37M | - | $123.88M | $108.77M | $115.12M | $127.10M | $141.57M | $128.63M |
| Avg Forecast | $236.34M | $198.26M | $180.83M | $145.39M | $219.84M | $189.96M | $172.91M | $148.68M | $198.80M | $178.42M | $170.50M | $184.07M | $167.58M | $151.86M | $147.00M | $167.34M | $204.63M | $156.11M | $139.78M | $152.12M | $150.30M | $141.92M | $122.54M | $109.81M | $98.57M | $55.39M | $108.48M | $76.26M | $139.37M | $114.99M |
| High Forecast | $236.34M | $198.26M | $180.83M | $145.39M | $219.84M | $189.96M | $172.91M | $148.68M | $198.80M | $178.42M | $170.50M | $220.89M | $170.71M | $151.86M | $147.00M | $200.80M | $204.63M | $187.33M | $167.73M | $182.55M | $180.36M | $170.30M | $147.05M | $131.78M | $118.28M | $66.47M | $130.18M | $91.51M | $167.25M | $137.98M |
| Low Forecast | $236.34M | $198.26M | $180.83M | $145.39M | $219.84M | $189.96M | $172.91M | $148.68M | $198.80M | $177.39M | $170.50M | $147.26M | $165.50M | $151.86M | $147.00M | $133.87M | $204.63M | $124.89M | $111.82M | $121.70M | $120.24M | $113.54M | $98.03M | $87.85M | $78.86M | $44.31M | $86.78M | $61.01M | $111.50M | $91.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.16% | - | - | 1.06% | 1.22% | - | 1.09% | 1.03% | 1.19% | - | 1.26% | 1.96% | 1.06% | 1.67% | 1.02% | 1.12% |
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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 7 | 3 | 5 | 8 | 6 | 4 | 16 | 8 | 19 | 8 | 3 | 4 | 4 | 9 | 9 | 16 | 9 | 10 | 16 | 8 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.86 | $2.00 | - | - | $2.94 | $2.39 | - | $1.99 | $1.66 | $1.55 | - | $1.16 | $0.86 | $0.57 | $0.66 | $1.37 | $0.77 |
| Avg Forecast | $3.39 | $2.59 | $2.15 | $1.50 | $2.85 | $2.39 | $2.12 | $1.66 | $2.43 | $2.06 | $1.80 | $1.57 | $1.70 | $1.43 | $1.33 | $1.13 | $2.86 | $1.27 | $1.15 | $1.54 | $1.77 | $1.60 | $1.33 | $0.92 | $0.93 | $0.53 | $0.54 | $0.45 | $1.28 | $0.66 |
| High Forecast | $3.39 | $2.59 | $2.15 | $1.50 | $2.85 | $2.39 | $2.12 | $1.66 | $2.43 | $2.11 | $1.80 | $1.57 | $1.83 | $1.43 | $1.33 | $1.13 | $2.86 | $1.27 | $1.18 | $1.69 | $1.94 | $1.75 | $1.45 | $1.01 | $1.02 | $0.59 | $0.59 | $0.49 | $1.40 | $0.72 |
| Low Forecast | $3.39 | $2.59 | $2.15 | $1.50 | $2.85 | $2.39 | $2.12 | $1.66 | $2.43 | $2.00 | $1.80 | $1.57 | $1.60 | $1.43 | $1.33 | $1.13 | $2.86 | $1.27 | $1.14 | $1.42 | $1.63 | $1.48 | $1.22 | $0.85 | $0.86 | $0.49 | $0.49 | $0.42 | $1.18 | $0.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.50% | - | - | 2.31% | 2.07% | - | 1.12% | 1.04% | 1.17% | - | 1.25% | 1.61% | 1.06% | 1.47% | 1.07% | 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 |
|---|---|---|---|---|---|
| BZH | Beazer Homes USA | $33.59 | $41.00 | 22.06% | Buy |
| TMHC | Taylor Morrison Home | $68.66 | $64.20 | -6.50% | Buy |
| MHO | M/I Homes | $166.49 | $141.50 | -15.01% | Strong Buy |
| LEN | Lennar | $185.91 | $150.24 | -19.19% | Buy |
| TOL | Toll Brothers | $149.80 | $119.59 | -20.17% | Buy |
| DHI | D.R. Horton | $194.80 | $141.44 | -27.39% | Buy |
| KBH | KB Home | $86.04 | $56.38 | -34.47% | Hold |
| PHM | PulteGroup | $139.54 | $86.15 | -38.26% | Buy |
| CCS | Century Communities | $103.41 | $60.67 | -41.33% | Buy |
| NVR | NVR | $9.37K | $4.90K | -47.70% | Hold |
KBH Forecast FAQ
Is KB Home a good buy?
No, according to 19 Wall Street analysts, KB Home (KBH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 42.11% of KBH's total ratings.
What is KBH's price target?
KB Home (KBH) average price target is $56.38 with a range of $31 to $86, implying a -34.47% from its last price of $86.04. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will KB Home stock go up soon?
According to Wall Street analysts' prediction for KBH stock, the company can go down by -34.47% (from the last price of $86.04 to the average price target of $56.38), down by -0.05% based on the highest stock price target, and down by -63.97% based on the lowest stock price target.
Can KB Home stock reach $130?
KBH's average twelve months analyst stock price target of $56.38 does not support the claim that KB Home can reach $130 in the near future.
Did the KBH's actual financial results beat the analysts' financial forecasts?
Based on KB Home's last annual report (Nov 2021), the company's revenue was $5.72B, which missed the average analysts forecast of $5.97B by -4.16%. Apple's EBITDA was $700.42M, beating the average prediction of $656.07M by 6.76%. The company's net income was $564.75M, beating the average estimation of $512.26M by 10.25%. Apple's SG&A was $579.43M, beating the average forecast of $524.57M by 10.46%. Lastly, the company's EPS was $6.22, beating the average prediction of $5.62 by 10.71%. In terms of the last quarterly report (Aug 2023), KB Home's revenue was $1.59B, beating the average analysts' forecast of $1.47B by 7.76%. The company's EBITDA was $194.53M, beating the average prediction of $166.32M by 16.96%. KB Home's net income was $149.93M, beating the average estimation of $111.44M by 34.54%. The company's SG&A was $160.1M, beating the average forecast of $151.86M by 5.42%. Lastly, the company's EPS was $1.86, beating the average prediction of $1.43 by 29.86%