PulteGroup (PHM) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

PHM Stock Forecast


PulteGroup stock forecast is as follows: an average price target of $152.00 (represents a 37.53% upside from PHM’s last price of $110.52) 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 $152.00 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 $131.00. This represents a potential 37.53% upside from PHM's last price of $110.52.

PHM Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 07, 2024Sam ReidWells Fargo$165.00$139.4418.33%49.29%
Sep 19, 2024Rafe JadrosichBank of America Securities$160.00$140.9913.48%44.77%
Jul 24, 2024Sam ReidWells Fargo$150.00$125.6719.36%35.72%
Jul 12, 2024Matthew BouleyBarclays$131.00$113.8415.07%18.53%
May 22, 2024Tyler BatoryOppenheimer$143.00$114.2025.22%29.39%
Apr 25, 2024Buck HorneRaymond James$135.00$108.0924.90%22.15%
Apr 04, 2024Matthew BouleyBarclays$136.00$116.4716.76%23.05%
Mar 23, 2023Truman PattersonWolfe Research$64.00$55.9414.41%-42.09%
Feb 05, 2023Matthew BouleyBarclays$75.00$58.8027.55%-32.14%
Feb 02, 2023J.P. Morgan$74.00$60.1123.11%-33.04%
Feb 02, 2023Citigroup$68.00$59.3314.61%-38.47%
Feb 01, 2023RBC Capital$54.00$56.83-4.98%-51.14%
Feb 01, 2023Wedbush$57.00$56.550.79%-48.43%
Feb 01, 2023BTIG$68.00$56.5320.29%-38.47%
Feb 01, 2023Oppenheimer$68.00$56.9619.38%-38.47%
Jan 12, 2023Goldman Sachs$50.00$50.46-0.91%-54.76%
Dec 14, 2022Barclays$58.00$45.7926.67%-47.52%
Dec 06, 2022BTIG$61.00$43.2840.94%-44.81%
Jul 28, 2022Raymond James$59.00$43.6635.14%-46.62%
Jul 26, 2022Matthew BouleyBarclays$48.00$44.707.38%-56.57%
Jul 12, 2022J.P. Morgan$49.50$44.0612.35%-55.21%
Jun 22, 2022Mike DahlRBC Capital$41.00$37.928.12%-62.90%
Jun 21, 2022Citigroup$43.00$36.2518.62%-61.09%
Jun 17, 2022Wells Fargo$41.00$35.1616.59%-62.90%
Jun 16, 2022UBS$55.00$39.4339.49%-50.24%
Apr 29, 2022RBC Capital$56.00$43.5628.56%-49.33%
Nov 15, 2021Deepa RaghavanWells Fargo$52.00$50.273.44%-52.95%
Oct 27, 2021Buck HorneRaymond James$70.00$48.4644.45%-36.66%
Sep 08, 2021Susan MaklariGoldman Sachs$58.00$49.0918.15%-47.52%
Apr 28, 2021Tyler BatoryJanney Montgomery$71.00$58.0222.37%-35.76%

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 49.29% increase from PHM last price ($110.52).

PulteGroup Price Target by Period


1M3M12M
# Anlaysts-27
Avg Price Target-$162.50$145.71
Last Closing Price$110.52$110.52$110.52
Upside/Downside-100.00%47.03%31.84%

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 $110.52. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024BTIGBuyBuyHold
Oct 07, 2024Wells FargoOverweightOverweightHold
Aug 13, 2024Wolfe ResearchOutperformPeer PerformDowngrade
Aug 05, 2024Seaport GlobalNeutralDowngrade
Jul 25, 2024Raymond JamesOutperformOutperformHold
Jul 24, 2024RBC CapitalSector PerformSector PerformHold
Jul 24, 2024BTIGBuyBuyHold
Jul 24, 2024Wells FargoOverweightOverweightHold
Jul 15, 2024Evercore ISIOutperformOutperformHold
Jul 12, 2024BarclaysOverweightOverweightHold
May 22, 2024OppenheimerOutperformOutperformHold
May 17, 2024CitigroupNeutralNeutralHold
Apr 25, 2024Raymond JamesOutperformOutperformHold
Apr 24, 2024ZelmanOutperformUpgrade
Apr 05, 2024CitigroupNeutralNeutralHold
Apr 04, 2024BarclaysOverweightOverweightHold
Jan 31, 2024BarclaysOverweightOverweightHold
Jul 26, 2023BTIGBuyBuyHold
Jul 14, 2023Raymond JamesStrong BuyOutperformUpgrade
Apr 14, 2023OppenheimerOutperformOutperformHold
Mar 23, 2023Morgan StanleyEqual-WeightDowngrade
Mar 23, 2023GuggenheimBuyUpgrade
Mar 23, 2023JefferiesBuyUpgrade
Mar 23, 2023ScotiabankPerformDowngrade
Mar 23, 2023CitigroupBuySector WeightDowngrade
Mar 23, 2023William BlairOutperformInitialise
Mar 22, 2023Wolfe ResearchOutperformUpgrade
Feb 05, 2023BarclaysOverweightOverweightHold
Feb 02, 2023CitigroupBuyBuyHold
Feb 01, 2023RBC CapitalSector PerformSector PerformHold
Feb 01, 2023WedbushNeutralNeutralHold
Feb 01, 2023BTIGBuyBuyHold
Feb 01, 2023OppenheimerOutperformOutperformHold
Jan 12, 2023Goldman SachsNeutralNeutralHold
Jan 11, 2023Redburn PartnersSellInitialise
Dec 28, 2022CFRAHoldUpgrade
Dec 14, 2022BarclaysEqual-WeightOverweightUpgrade
Dec 06, 2022BTIGBuyBuyHold
Sep 19, 2022KeyBancOverweightUpgrade
Jul 28, 2022Raymond JamesStrong BuyStrong BuyHold
Jul 27, 2022Bank of America SecuritiesBuyDowngrade
Jul 15, 2022BarclaysEqual-WeightEqual-WeightHold
Jun 21, 2022CitigroupBuyBuyHold
Jun 17, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 16, 2022UBSBuyBuyHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$5.68B$5.15B$4.87B$4.39B$5.20B$4.99B$4.88B$4.06B$4.69B$4.28B$4.49B$3.58B$4.50B$4.23B$4.15B$3.37B$4.74B$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$5.25B$4.76B$4.50B$4.06B$4.81B$4.62B$4.51B$3.91B$4.63B$4.27B$4.49B$3.58B$4.44B$3.91B$3.83B$3.12B$4.38B$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
# Analysts4444333584548109988889999964474
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333584548109988889999964474
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$1.02B$925.23M$875.10M$789.93M$935.23M$897.69M$877.63M$740.45M$865.89M$794.80M$835.54M$693.23M$830.86M$754.08M$745.38M$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$1.06B$957.14M$905.28M$817.17M$967.49M$928.65M$907.90M$754.52M$871.49M$796.22M$835.54M$831.88M$836.43M$787.42M$771.08M$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$976.12M$884.90M$836.95M$755.49M$894.46M$858.56M$839.37M$726.38M$860.29M$793.39M$835.54M$554.59M$825.30M$726.95M$712.88M$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 %-------------1.13%1.29%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 $830.86M, with a high of $836.43M and a low of $825.30M. This is -2.24% lower than PulteGroup's previous annual EBITDA (Sep 23) of $849.89M.

PulteGroup Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333584548109988889999964474
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$939.51M$857.96M$754.29M$604.84M$811.75M$756.99M$713.70M$578.48M$683.60M$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$981.63M$896.43M$788.11M$631.95M$848.14M$790.93M$745.70M$602.26M$711.28M$653.50M$682.01M$613.92M$680.14M$627.64M$547.25M$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$886.26M$809.34M$711.54M$570.56M$765.74M$714.09M$673.25M$564.62M$660.17M$646.37M$681.92M$409.28M$659.21M$552.82M$494.08M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333584548109988889999964474
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$491.12M$445.22M$421.10M$380.11M$450.03M$431.97M$422.32M$356.30M$416.67M$382.46M$402.06M$370.18M$399.81M$362.86M$358.67M$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$508.05M$460.58M$435.62M$393.22M$465.55M$446.87M$436.88M$363.07M$419.36M$383.14M$402.06M$444.21M$402.49M$378.90M$371.04M$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$469.71M$425.81M$402.74M$363.54M$430.41M$413.14M$403.90M$349.53M$413.97M$381.78M$402.06M$296.14M$397.13M$349.81M$343.04M$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 %-------------0.97%0.88%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 $399.81M, based on 8 Wall Street analysts, with a range of $397.13M to $402.49M. The forecast indicates a 13.21% rise compared to PHM last annual SG&A of $353.17M (Sep 23).

PulteGroup EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333584548109988889999964474
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$4.51$4.12$3.62$2.90$3.89$3.63$3.42$2.78$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$4.71$4.30$3.78$3.03$4.07$3.79$3.58$2.89$3.41$3.13$3.27$2.36$3.26$3.01$2.63$1.90$3.06$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$4.25$3.88$3.41$2.74$3.67$3.43$3.23$2.71$3.17$3.10$3.27$2.36$3.16$2.65$2.37$1.72$2.76$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BZHBeazer Homes USA$30.01$45.0049.95%Buy
DHID.R. Horton$146.71$193.0031.55%Buy
PHMPulteGroup$115.89$152.0031.16%Buy
LENLennar$151.47$194.3828.33%Buy
MTHMeritage Homes$163.80$206.8026.25%Buy
IBPInstalled Building Products$192.10$239.5024.67%Buy
KBHKB Home$70.44$77.409.88%Buy
TOLToll Brothers$132.73$141.176.36%Buy
NVRNVR$8.47K$4.90K-42.14%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 $152 with a range of $131 to $165, implying a 37.53% from its last price of $110.52. 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 up by 37.53% (from the last price of $110.52 to the average price target of $152), up by 49.29% based on the highest stock price target, and up by 18.53% based on the lowest stock price target.

Can PulteGroup stock reach $200?

PHM's average twelve months analyst stock price target of $152 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 $18.55B (high $19.13B, low $17.84B), average EBITDA is $3.45B (high $3.56B, low $3.32B), average net income is $2.86B (high $2.99B, low $2.72B), average SG&A $1.66B (high $1.71B, low $1.6B), and average EPS is $13.72 (high $14.33, low $13.04). PHM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.41B (high $20.08B, low $18.57B), average EBITDA is $3.61B (high $3.74B, low $3.45B), average net income is $3.16B (high $3.3B, low $2.98B), average SG&A $1.74B (high $1.8B, low $1.66B), and average EPS is $15.14 (high $15.82, low $14.28).

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 $2.96B by -100.04%. The company's net income was $3.32M, missing the average estimation of $2.25B by -99.85%. Apple's SG&A was $1.31M, missing the average forecast of $1.46B by -99.91%. 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 $754.08M by 12.71%. PulteGroup's net income was $638.78M, beating the average estimation of $590.23M by 8.22%. The company's SG&A was $353.17M, missing the average forecast of $362.86M by -2.67%. Lastly, the company's EPS was $2.92, beating the average prediction of $2.83 by 3.13%