
Lennar (LEN) Stock Forecast & Price Target
Lennar (LEN) Analyst Ratings
Bulls say
Lennar's positive outlook is bolstered by stronger-than-expected demand, which, alongside improved margins and a commitment to greater capital returns, suggests potential for upside in financial expectations and multiple expansion. The company anticipates a 5% year-over-year growth in unit closings in FY27, with gross margins projected at 17.8%, indicating resilience despite slight price adjustments to remain competitive. Additionally, the positive impact of declining mortgage rates on traffic and a strategic focus on environmentally sustainable building practices position Lennar favorably within the evolving housing market.
Bears say
The financial excerpts indicate a negative outlook for Lennar's stock, driven by a projected 19% decline in FY'26 estimated earnings per share (EPS), falling to $6.50, which is significantly below previous market expectations. Additionally, the company's gross margins are expected to deteriorate, with FY'26 estimated gross margin percentage decreasing to 16.1%, reflecting a 160 basis point decline year-over-year alongside a reducing average backlog price from $462k to $393k over the previous year. Lastly, a decrease in order volume is noted, with FY'26 estimated orders adjusting to 84.7k units, alongside a declining sales pace, suggesting ongoing challenges in demand that may further pressure stock performance.
This aggregate rating is based on analysts' research of Lennar and is not a guaranteed prediction by Public.com or investment advice.
Lennar (LEN) Analyst Forecast & Price Prediction
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