
Lennar (LEN) Stock Forecast & Price Target
Lennar (LEN) Analyst Ratings
Bulls say
Lennar's outlook remains positive due to stronger-than-expected demand, which may lead to greater capital returns and potential multiple expansion. The company is projected to achieve a 5% year-over-year unit closing growth in FY27, alongside a gross margin of 17.8%, indicating solid profitability despite emerging pressures on pricing. Additionally, the favorable effect of declining mortgage rates on traffic and a focus on environmentally sustainable building practices highlight Lennar's strategic positioning in a competitive market.
Bears say
Lennar is projected to experience a significant decline in FY'26 earnings per share (EPS), estimated at $6.50, which is 27% below previous market expectations and reflects weaker absorption and margins. The company anticipates a decrease in gross margins, falling to 16.1%, coupled with lower average backlog prices, which have dropped from $462,000 to $393,000 over recent quarters. Furthermore, the outlook for orders has been downgraded to 84,700 units, signaling a deceleration in demand and contributing to a negative sentiment surrounding the stock's performance in the near term.
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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