PulteGroup (PHM) Stock Forecast, Price Target & Predictions
PHM Stock Forecast
PulteGroup stock forecast is as follows: an average price target of $92.50 (represents a -27.44% downside from PHM’s last price of $127.48) 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 $92.50 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $165.00 to $50.00. This represents a potential -27.44% downside from PHM's last price of $127.48.
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 |
|---|---|---|---|---|---|---|
| Oct 07, 2024 | Sam Reid | Wells Fargo | $165.00 | $139.44 | 18.33% | 29.43% |
| Sep 19, 2024 | Rafe Jadrosich | Bank of America Securities | $160.00 | $140.99 | 13.48% | 25.51% |
| Jul 24, 2024 | Sam Reid | Wells Fargo | $150.00 | $125.67 | 19.36% | 17.67% |
| Jul 12, 2024 | Matthew Bouley | Barclays | $131.00 | $113.84 | 15.07% | 2.76% |
| May 22, 2024 | Tyler Batory | Oppenheimer | $143.00 | $114.20 | 25.22% | 12.17% |
| Apr 25, 2024 | Buck Horne | Raymond James | $135.00 | $108.09 | 24.90% | 5.90% |
| Apr 04, 2024 | Matthew Bouley | Barclays | $136.00 | $116.47 | 16.76% | 6.68% |
| Mar 23, 2023 | Truman Patterson | Wolfe Research | $64.00 | $55.94 | 14.41% | -49.80% |
| Feb 05, 2023 | Matthew Bouley | Barclays | $75.00 | $58.80 | 27.55% | -41.17% |
| Feb 02, 2023 | - | J.P. Morgan | $74.00 | $60.11 | 23.11% | -41.95% |
The latest PulteGroup stock forecast, released on Oct 07, 2024 by Sam Reid from Wells Fargo, set a price target of $165.00, which represents a 18.33% increase from the stock price at the time of the forecast ($139.44), and a 29.43% increase from PHM last price ($127.48).
PulteGroup Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 7 |
| Avg Price Target | - | $162.50 | $145.71 |
| Last Closing Price | $127.48 | $127.48 | $127.48 |
| Upside/Downside | -100.00% | 27.47% | 14.30% |
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 $127.48. 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 23, 2024 | BTIG | Buy | Buy | Hold |
| Oct 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| 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 |
PulteGroup's last stock rating was published by BTIG on Oct 23, 2024. The company gave PHM a "Buy" rating, the same as its previous rate.
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 | Jun 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 | $3.93B | $3.19B | $4.36B | $3.48B | $3.36B | $2.73B | $3.19B | $2.95B | $2.59B | $2.29B | $3.02B | $2.71B |
| Avg Forecast | $5.49B | $4.97B | $4.70B | $4.25B | $5.03B | $4.83B | $4.72B | $3.98B | $4.66B | $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 | $5.64B | $5.11B | $4.84B | $4.36B | $5.17B | $4.96B | $4.85B | $4.06B | $4.69B | $4.28B | $4.49B | $3.58B | $4.50B | $4.23B | $4.12B | $3.35B | $4.71B | $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 |
| Low Forecast | $5.27B | $4.78B | $4.52B | $4.08B | $4.83B | $4.64B | $4.53B | $3.91B | $4.63B | $4.27B | $4.49B | $3.58B | $4.44B | $3.91B | $3.85B | $3.14B | $4.41B | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 5 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.05% | 1.10% | 1.13% | 0.98% | 0.97% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 5 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $849.89M | $958.55M | $716.93M | $1.15B | $854.35M | $886.35M | $619.67M | $872.96M | $638.13M | $657.88M | $411.33M | $541.52M | $501.39M | $476.40M | $279.71M | $449.80M | $380.10M |
| Avg Forecast | $786.82M | $713.29M | $674.64M | $608.98M | $721.00M | $692.06M | $676.59M | $570.83M | $667.54M | $612.74M | $644.14M | $693.23M | $640.54M | $581.34M | $574.63M | $630.21M | $877.00M | $578.39M | $581.56M | $572.92M | $603.08M | $490.45M | $502.57M | $383.91M | $448.31M | $397.68M | $361.36M | $263.73M | $427.25M | $370.21M |
| High Forecast | $808.63M | $733.06M | $693.34M | $625.86M | $740.98M | $711.24M | $695.35M | $581.68M | $671.86M | $613.83M | $644.14M | $831.88M | $644.83M | $607.04M | $590.56M | $756.26M | $1.05B | $578.39M | $581.56M | $687.50M | $603.08M | $490.45M | $502.57M | $460.69M | $448.31M | $397.68M | $361.36M | $316.48M | $427.25M | $370.21M |
| Low Forecast | $756.19M | $685.52M | $648.38M | $585.27M | $692.93M | $665.12M | $650.25M | $559.99M | $663.22M | $611.65M | $644.14M | $554.59M | $636.25M | $560.43M | $552.26M | $504.17M | $701.60M | $578.39M | $581.56M | $458.34M | $603.08M | $490.45M | $502.57M | $307.13M | $448.31M | $397.68M | $361.36M | $210.99M | $427.25M | $370.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.46% | 1.67% | 1.14% | 1.31% | 1.48% | 1.52% | 1.08% | 1.45% | 1.30% | 1.31% | 1.07% | 1.21% | 1.26% | 1.32% | 1.06% | 1.05% | 1.03% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 5 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $638.77M | $720.35M | $532.26M | $882.23M | $627.93M | $652.43M | $454.72M | $663.26M | $475.55M | $503.40M | $304.11M | $438.11M | $416.40M | $348.62M | $203.71M | $335.80M | $273.10M |
| Avg Forecast | $914.97M | $830.56M | $739.62M | $589.28M | $825.40M | $765.83M | $714.12M | $569.53M | $683.57M | $649.94M | $681.96M | $511.60M | $669.68M | $590.23M | $523.76M | $465.09M | $666.42M | $580.01M | $553.65M | $422.81M | $486.34M | $377.75M | $368.17M | $283.83M | $295.69M | $242.80M | $188.58M | $192.07M | $230.51M | $193.88M |
| High Forecast | $947.94M | $860.49M | $766.27M | $610.51M | $855.15M | $793.42M | $739.85M | $592.94M | $711.25M | $653.50M | $682.01M | $613.92M | $680.14M | $627.64M | $542.64M | $558.11M | $799.71M | $580.01M | $553.65M | $507.38M | $486.34M | $377.75M | $368.17M | $340.60M | $295.69M | $242.80M | $188.58M | $230.48M | $230.51M | $193.88M |
| Low Forecast | $868.66M | $788.53M | $702.19M | $559.45M | $783.63M | $727.07M | $677.97M | $555.88M | $660.14M | $646.37M | $681.92M | $409.28M | $659.21M | $552.82M | $497.26M | $372.08M | $533.14M | $580.01M | $553.65M | $338.25M | $486.34M | $377.75M | $368.17M | $227.07M | $295.69M | $242.80M | $188.58M | $153.66M | $230.51M | $193.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.38% | 1.14% | 1.32% | 1.08% | 1.18% | 1.08% | 1.36% | 1.26% | 1.37% | 1.07% | 1.48% | 1.71% | 1.85% | 1.06% | 1.46% | 1.41% |
PulteGroup's average Quarter net income forecast for Dec 23 is $669.68M, with a range of $659.21M to $680.14M. PHM's average Quarter net income forecast represents a 4.84% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 5 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $353.17M | $314.64M | $336.52M | $350.83M | $350.11M | $351.26M | $329.02M | $344.22M | $320.51M | $272.29M | $271.69M | $279.66M | $271.26M | $196.86M | $263.67M | $261.55M | $270.63M |
| Avg Forecast | $401.52M | $364.00M | $344.28M | $310.77M | $367.93M | $353.16M | $345.27M | $291.30M | $340.65M | $312.69M | $328.71M | $370.18M | $326.87M | $296.66M | $293.24M | $336.53M | $345.86M | $295.16M | $296.78M | $305.93M | $307.76M | $250.28M | $256.47M | $253.57M | $228.78M | $202.94M | $184.40M | $248.60M | $218.03M | $188.92M |
| High Forecast | $412.65M | $374.09M | $353.82M | $319.38M | $378.13M | $362.95M | $354.84M | $296.84M | $342.85M | $313.24M | $328.71M | $444.21M | $329.06M | $309.78M | $301.37M | $403.83M | $415.03M | $295.16M | $296.78M | $367.12M | $307.76M | $250.28M | $256.47M | $304.29M | $228.78M | $202.94M | $184.40M | $298.32M | $218.03M | $188.92M |
| Low Forecast | $385.89M | $349.83M | $330.87M | $298.67M | $353.61M | $339.42M | $331.83M | $285.77M | $338.45M | $312.13M | $328.71M | $296.14M | $324.68M | $285.99M | $281.83M | $269.22M | $276.69M | $295.16M | $296.78M | $244.75M | $307.76M | $250.28M | $256.47M | $202.86M | $228.78M | $202.94M | $184.40M | $198.88M | $218.03M | $188.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.07% | 1.00% | 1.01% | 1.19% | 1.18% | 1.08% | 1.12% | 1.28% | 1.06% | 1.07% | 1.22% | 1.34% | 1.07% | 1.06% | 1.20% | 1.43% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 5 | 4 | 8 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.92 | $3.23 | $2.35 | $3.86 | $2.70 | $2.74 | $1.84 | $2.64 | $1.83 | $1.91 | $1.14 | $1.62 | $1.54 | $1.29 | $0.75 | $1.23 | $0.99 |
| Avg Forecast | $4.39 | $3.98 | $3.55 | $2.83 | $3.96 | $3.67 | $3.43 | $2.73 | $3.28 | $3.12 | $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 | $4.55 | $4.13 | $3.68 | $2.93 | $4.10 | $3.81 | $3.55 | $2.84 | $3.41 | $3.13 | $3.27 | $2.36 | $3.26 | $3.01 | $2.60 | $1.89 | $3.04 | $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 |
| Low Forecast | $4.17 | $3.78 | $3.37 | $2.68 | $3.76 | $3.49 | $3.25 | $2.67 | $3.17 | $3.10 | $3.27 | $2.36 | $3.16 | $2.65 | $2.39 | $1.73 | $2.78 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.29% | 1.29% | 1.32% | 0.98% | 1.05% | 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 | $31.96 | $41.00 | 28.29% | Buy |
| MTH | Meritage Homes | $177.92 | $190.00 | 6.79% | Buy |
| LEN | Lennar | $166.33 | $160.61 | -3.44% | Buy |
| DHI | D.R. Horton | $161.13 | $150.82 | -6.40% | Buy |
| IBP | Installed Building Products | $207.73 | $178.00 | -14.31% | 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 |
| NVR | NVR | $9.11K | $4.90K | -46.19% | Hold |