PulteGroup (PHM) Stock Forecast, Price Target & Predictions
PHM Stock Forecast
PulteGroup stock forecast is as follows: an average price target of $86.15 (represents a -38.26% downside from PHM’s last price of $139.54) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
PHM Price Target
The average price target for PulteGroup (PHM) is $86.15 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $50.00. This represents a potential -38.26% downside from PHM's last price of $139.54.
PHM Analyst Ratings
According to 21 Wall Street analysts, PulteGroup's rating consensus is 'Buy'. The analyst rating breakdown for PHM stock is 0 'Strong Buy' (0.00%), 13 'Buy' (61.90%), 7 'Hold' (33.33%), 1 'Sell' (4.76%), and 0 'Strong Sell' (0.00%).
PulteGroup Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 24, 2024 | Sam Reid | Wells Fargo | $150.00 | $125.67 | 19.36% | 7.50% |
| Jul 12, 2024 | Matthew Bouley | Barclays | $131.00 | $113.84 | 15.07% | -6.12% |
| May 22, 2024 | Tyler Batory | Oppenheimer | $143.00 | $114.20 | 25.22% | 2.48% |
| Apr 25, 2024 | Buck Horne | Raymond James | $135.00 | $108.09 | 24.90% | -3.25% |
| Apr 04, 2024 | Matthew Bouley | Barclays | $136.00 | $116.47 | 16.76% | -2.54% |
| Mar 23, 2023 | Truman Patterson | Wolfe Research | $64.00 | $55.94 | 14.41% | -54.14% |
| Feb 05, 2023 | Matthew Bouley | Barclays | $75.00 | $58.80 | 27.55% | -46.25% |
| Feb 02, 2023 | - | J.P. Morgan | $74.00 | $60.11 | 23.11% | -46.97% |
| Feb 02, 2023 | - | Citigroup | $68.00 | $59.33 | 14.61% | -51.27% |
| Feb 01, 2023 | - | RBC Capital | $54.00 | $56.83 | -4.98% | -61.30% |
The latest PulteGroup stock forecast, released on Jul 24, 2024 by Sam Reid from Wells Fargo, set a price target of $150.00, which represents a 19.36% increase from the stock price at the time of the forecast ($125.67), and a 7.50% increase from PHM last price ($139.54).
PulteGroup Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $140.50 | $139.00 |
| Last Closing Price | $139.54 | $139.54 | $139.54 |
| Upside/Downside | -100.00% | 0.69% | -0.39% |
In the current month, the average price target of PulteGroup stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PulteGroup's last price of $139.54. 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 |
|---|---|---|---|---|
| Aug 13, 2024 | Wolfe Research | Outperform | Peer Perform | Downgrade |
| Aug 05, 2024 | Seaport Global | - | Neutral | Downgrade |
| Jul 25, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jul 24, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 24, 2024 | BTIG | Buy | Buy | Hold |
| Jul 24, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 15, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jul 12, 2024 | Barclays | Overweight | Overweight | Hold |
| May 22, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| May 17, 2024 | Citigroup | Neutral | Neutral | Hold |
PulteGroup's last stock rating was published by Wolfe Research on Aug 13, 2024. The company Downgrade its PHM rating from "Outperform" to "Peer Perform".
PulteGroup Financial Forecast
PulteGroup Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.00B | $4.19B | $3.58B | $5.17B | $3.94B | - | $3.19B | $4.36B | $3.48B | $3.36B | $2.73B | $3.19B | $2.95B | $2.59B | $2.29B | $3.02B | $2.71B |
| Avg Forecast | $5.57B | $4.95B | $4.75B | $4.08B | $5.13B | $4.77B | $4.65B | $3.94B | $4.55B | $4.27B | $4.49B | $3.58B | $4.47B | $4.05B | $4.01B | $3.26B | $4.58B | $4.03B | $4.06B | $3.07B | $4.21B | $3.42B | $3.50B | $2.89B | $3.13B | $2.77B | $2.52B | $2.32B | $2.98B | $2.58B |
| High Forecast | $5.74B | $5.11B | $4.90B | $4.21B | $5.29B | $4.92B | $4.80B | $4.07B | $4.70B | $4.32B | $4.63B | $3.69B | $4.50B | $4.23B | $4.13B | $3.36B | $4.73B | $4.16B | $4.06B | $3.20B | $4.38B | $3.56B | $3.65B | $3.00B | $3.25B | $2.89B | $2.62B | $2.41B | $3.10B | $2.69B |
| Low Forecast | $5.35B | $4.76B | $4.57B | $3.92B | $4.93B | $4.59B | $4.47B | $3.79B | $4.38B | $4.11B | $4.32B | $3.44B | $4.44B | $3.91B | $3.85B | $3.14B | $4.41B | $3.88B | $4.06B | $2.92B | $4.00B | $3.25B | $3.33B | $2.74B | $2.97B | $2.63B | $2.39B | $2.20B | $2.83B | $2.45B |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.05% | 1.10% | 1.13% | 0.98% | - | 1.04% | 1.04% | 1.02% | 0.96% | 0.95% | 1.02% | 1.07% | 1.03% | 0.99% | 1.01% | 1.05% |
PulteGroup's average Quarter revenue forecast for Dec 23 based on 8 analysts is $4.47B, with a low forecast of $4.44B, and a high forecast of $4.50B. PHM's average Quarter revenue forecast represents a 11.57% increase compared to the company's last Quarter revenue of $4.00B (Sep 23).
PulteGroup EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $849.89M | $958.55M | $716.93M | $1.15B | $854.35M | - | $619.67M | $872.96M | $638.13M | $657.88M | $411.33M | $541.52M | $501.39M | $476.40M | $279.71M | $449.80M | $380.10M |
| Avg Forecast | $798.64M | $710.31M | $681.15M | $585.17M | $735.17M | $684.11M | $666.90M | $565.49M | $652.95M | $612.31M | $644.14M | $693.23M | $640.54M | $581.34M | $574.63M | $630.21M | $657.26M | $705.78M | $581.56M | $572.92M | $797.28M | $641.62M | $657.88M | $383.91M | $456.42M | $313.37M | $271.05M | $263.73M | $396.15M | $351.18M |
| High Forecast | $823.48M | $732.40M | $702.33M | $603.37M | $758.03M | $705.38M | $687.64M | $583.07M | $673.26M | $619.50M | $664.17M | $831.88M | $644.83M | $607.04M | $592.50M | $756.26M | $677.71M | $846.94M | $581.56M | $687.50M | $956.73M | $769.94M | $789.45M | $460.69M | $547.71M | $376.04M | $325.26M | $316.48M | $475.38M | $421.41M |
| Low Forecast | $767.68M | $682.77M | $654.74M | $562.48M | $706.66M | $657.58M | $641.04M | $543.56M | $627.64M | $589.32M | $619.17M | $554.59M | $636.25M | $560.43M | $552.35M | $504.17M | $631.78M | $564.63M | $581.56M | $458.34M | $637.82M | $513.30M | $526.30M | $307.13M | $365.14M | $250.69M | $216.84M | $210.99M | $316.92M | $280.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.46% | 1.67% | 1.14% | 1.74% | 1.21% | - | 1.08% | 1.09% | 0.99% | 1.00% | 1.07% | 1.19% | 1.60% | 1.76% | 1.06% | 1.14% | 1.08% |
8 analysts predict PHM's average Quarter EBITDA for Dec 23 to be $640.54M, with a high of $644.83M and a low of $636.25M. This is -24.63% lower than PulteGroup's previous annual EBITDA (Sep 23) of $849.89M.
PulteGroup Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $638.77M | $720.35M | $532.26M | $882.23M | $627.93M | - | $454.72M | $663.26M | $475.55M | $503.40M | $304.11M | $438.11M | $416.40M | $348.62M | $203.71M | $335.80M | $273.10M |
| Avg Forecast | $872.98M | $754.19M | $704.34M | $587.31M | $828.88M | $768.81M | $750.57M | $582.56M | $711.93M | $663.24M | $690.93M | $511.60M | $678.48M | $597.99M | $530.65M | $465.09M | $619.03M | $525.96M | $559.80M | $422.81M | $605.84M | $478.15M | $503.40M | $283.83M | $369.26M | $260.25M | $198.35M | $192.07M | $295.75M | $252.32M |
| High Forecast | $908.28M | $784.68M | $732.82M | $611.06M | $862.39M | $799.89M | $780.92M | $606.12M | $740.71M | $680.36M | $718.86M | $613.92M | $689.08M | $635.89M | $552.10M | $558.11M | $644.06M | $631.15M | $559.80M | $507.38M | $727.01M | $573.78M | $604.08M | $340.60M | $443.12M | $312.30M | $238.02M | $230.48M | $354.90M | $302.79M |
| Low Forecast | $828.98M | $716.18M | $668.84M | $557.71M | $787.10M | $730.06M | $712.74M | $553.20M | $676.04M | $652.54M | $656.10M | $409.28M | $667.88M | $560.09M | $503.90M | $372.08M | $587.83M | $420.77M | $559.80M | $338.25M | $484.67M | $382.52M | $402.72M | $227.07M | $295.41M | $208.20M | $158.68M | $153.66M | $236.60M | $201.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.36% | 1.14% | 1.43% | 1.19% | - | 1.08% | 1.09% | 0.99% | 1.00% | 1.07% | 1.19% | 1.60% | 1.76% | 1.06% | 1.14% | 1.08% |
PulteGroup's average Quarter net income forecast for Dec 23 is $678.48M, with a range of $667.88M to $689.08M. PHM's average Quarter net income forecast represents a 6.22% increase compared to the company's last Quarter net income of $638.77M (Sep 23).
PulteGroup SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $353.17M | $314.64M | $336.52M | $350.83M | $350.11M | - | $329.02M | $344.22M | $320.51M | $272.29M | $271.69M | $279.66M | $271.26M | $196.86M | $263.67M | $261.55M | $270.63M |
| Avg Forecast | $407.55M | $362.48M | $347.60M | $298.62M | $375.16M | $349.11M | $340.32M | $288.57M | $333.21M | $312.47M | $328.71M | $370.18M | $326.87M | $296.66M | $293.24M | $336.53M | $335.41M | $354.48M | $296.78M | $305.93M | $314.42M | $322.26M | $272.29M | $253.57M | $235.71M | $169.54M | $112.01M | $248.60M | $230.35M | $250.03M |
| High Forecast | $420.23M | $373.75M | $358.41M | $307.90M | $386.83M | $359.96M | $350.91M | $297.55M | $343.57M | $316.14M | $338.93M | $444.21M | $329.06M | $309.78M | $302.36M | $403.83M | $345.84M | $425.38M | $296.78M | $367.12M | $377.30M | $386.71M | $326.74M | $304.29M | $282.85M | $203.44M | $134.41M | $298.32M | $276.42M | $300.04M |
| Low Forecast | $391.75M | $348.42M | $334.12M | $287.04M | $360.62M | $335.57M | $327.13M | $277.38M | $320.29M | $300.73M | $315.97M | $296.14M | $324.68M | $285.99M | $281.87M | $269.22M | $322.40M | $283.59M | $296.78M | $244.75M | $251.53M | $257.81M | $217.83M | $202.86M | $188.57M | $135.63M | $89.60M | $198.88M | $184.28M | $200.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.07% | 1.00% | 1.05% | 0.99% | - | 1.08% | 1.09% | 0.99% | 1.00% | 1.07% | 1.19% | 1.60% | 1.76% | 1.06% | 1.14% | 1.08% |
PulteGroup's average Quarter SG&A projection for Dec 23 is $326.87M, based on 8 Wall Street analysts, with a range of $324.68M to $329.06M. The forecast indicates a -7.45% fall compared to PHM last annual SG&A of $353.17M (Sep 23).
PulteGroup EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.92 | $3.23 | $2.35 | $3.86 | $2.70 | - | $1.84 | $2.64 | $1.83 | $1.91 | $1.14 | $1.62 | $1.54 | $1.29 | $0.75 | $1.23 | $0.99 |
| Avg Forecast | $4.13 | $3.57 | $3.33 | $2.78 | $3.92 | $3.64 | $3.55 | $2.76 | $3.37 | $3.14 | $3.27 | $2.36 | $3.21 | $2.83 | $2.51 | $1.82 | $2.93 | $2.75 | $2.62 | $1.72 | $2.30 | $1.79 | $1.74 | $1.22 | $1.40 | $1.15 | $0.89 | $0.70 | $1.09 | $0.92 |
| High Forecast | $4.30 | $3.72 | $3.47 | $2.89 | $4.08 | $3.79 | $3.70 | $2.87 | $3.51 | $3.22 | $3.40 | $2.45 | $3.26 | $3.01 | $2.61 | $1.90 | $3.05 | $2.86 | $2.62 | $1.81 | $2.42 | $1.88 | $1.83 | $1.28 | $1.47 | $1.21 | $0.94 | $0.74 | $1.15 | $0.97 |
| Low Forecast | $3.93 | $3.39 | $3.17 | $2.64 | $3.73 | $3.46 | $3.37 | $2.62 | $3.20 | $3.09 | $3.11 | $2.24 | $3.16 | $2.65 | $2.39 | $1.73 | $2.78 | $2.61 | $2.62 | $1.61 | $2.15 | $1.67 | $1.63 | $1.14 | $1.31 | $1.07 | $0.83 | $0.66 | $1.02 | $0.86 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.29% | 1.29% | 1.32% | 0.98% | - | 1.07% | 1.15% | 1.02% | 1.10% | 0.94% | 1.16% | 1.34% | 1.44% | 1.07% | 1.13% | 1.08% |
According to 8 Wall Street analysts, PulteGroup's projected average Quarter EPS for Dec 23 is $3.21, with a low estimate of $3.16 and a high estimate of $3.26. This represents a 10.02% increase compared to PHM previous annual EPS of $2.92 (Sep 23).
PulteGroup 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 |
| IBP | Installed Building Products | $223.26 | $183.75 | -17.70% | Buy |
| LEN | Lennar | $185.91 | $150.24 | -19.19% | Buy |
| MTH | Meritage Homes | $203.56 | $162.60 | -20.12% | 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 |
| NVR | NVR | $9.37K | $4.90K | -47.70% | Hold |
PHM Forecast FAQ
Is PulteGroup a good buy?
Yes, according to 21 Wall Street analysts, PulteGroup (PHM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 61.90% of PHM's total ratings.
What is PHM's price target?
PulteGroup (PHM) average price target is $86.15 with a range of $50 to $150, implying a -38.26% from its last price of $139.54. The data is based on 21 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PulteGroup stock go up soon?
According to Wall Street analysts' prediction for PHM stock, the company can go down by -38.26% (from the last price of $139.54 to the average price target of $86.15), up by 7.50% based on the highest stock price target, and down by -64.17% based on the lowest stock price target.
Can PulteGroup stock reach $200?
PHM's average twelve months analyst stock price target of $86.15 does not support the claim that PulteGroup can reach $200 in the near future.
What are PulteGroup's analysts' financial forecasts?
PulteGroup's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $18.49B (high $19.07B, low $17.77B), average EBITDA is $2.65B (high $2.73B, low $2.55B), average net income is $2.93B (high $3.05B, low $2.78B), average SG&A $1.35B (high $1.4B, low $1.3B), and average EPS is $13.88 (high $14.44, low $13.18). PHM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.35B (high $19.96B, low $18.6B), average EBITDA is $2.78B (high $2.86B, low $2.67B), average net income is $2.92B (high $3.04B, low $2.77B), average SG&A $1.42B (high $1.46B, low $1.36B), and average EPS is $13.82 (high $14.38, low $13.12).
Did the PHM's actual financial results beat the analysts' financial forecasts?
Based on PulteGroup's last annual report (Dec 2023), the company's revenue was $15.74M, which missed the average analysts forecast of $15.79B by -99.90%. Apple's EBITDA was $-1.313M, missing the average prediction of $2.43B by -100.05%. The company's net income was $3.32M, missing the average estimation of $2.27B by -99.85%. Apple's SG&A was $1.31M, missing the average forecast of $1.25B by -99.90%. Lastly, the company's EPS was $11.83, beating the average prediction of $10.38 by 13.99%. In terms of the last quarterly report (Sep 2023), PulteGroup's revenue was $4B, missing the average analysts' forecast of $4.05B by -1.25%. The company's EBITDA was $849.9M, beating the average prediction of $581.34M by 46.20%. PulteGroup's net income was $638.78M, beating the average estimation of $597.99M by 6.82%. The company's SG&A was $353.17M, beating the average forecast of $296.66M by 19.05%. Lastly, the company's EPS was $2.92, beating the average prediction of $2.83 by 3.13%