Morgan Stanley sets USD 128 target for PulteGroup stock

Published on 10/05/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 3.98 billion, with net income of USD 472.00 million. PulteGroup stock costs EUR 101.85 on October 5, 2026.

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PulteGroup stock (ISIN US7458671010) was trading at EUR 101.85 at Lang & Schwarz on October 5, 2026 at 4:37 p.m. CEST, down 0.97 percent from the EUR 102.85 prior close. According to MarketBeat on October 1, 2026, Morgan Stanley initiated coverage with an Equal Weight rating and a USD 128.00 price target.

Morgan Stanley starts coverage at USD 128

The initiation gives investors a fresh benchmark as PulteGroup prepares to report its third-quarter results. The USD 128.00 target is a named analyst view, not a forecast made by this article, and the Equal Weight rating points to a measured stance on the homebuilder.

MarketBeat lists 20 analyst ratings, including 12 Buy ratings, seven Hold ratings and one Strong Buy rating. Its average twelve-month target is USD 140.13, while the highest target is USD 166.00 and the lowest is USD 116.00.

Second-quarter earnings show the scale

PulteGroup reported USD 3.98 billion in revenue for the second quarter of 2026, according to its financial results dated July 22, 2026. Net income reached USD 472.00 million, or USD 2.48 in diluted earnings per share, for the quarter ended June 30, 2026.

The revenue figure gives the analyst targets an operating reference. PulteGroup's 2025 full-year revenue was USD 17.31 billion, down 3.54 percent from USD 17.95 billion in 2024, according to Stock Analysis. That comparison places the second-quarter result alongside a business that is still navigating housing demand and affordability pressures.

Results arrive on October 22

PulteGroup announced on August 27, 2026 that it will release third-quarter 2026 financial results before the market opens on October 22, 2026, according to PulteGroup. The date is the next scheduled financial checkpoint after Morgan Stanley's coverage start.

Stock stays inside its yearly range

PulteGroup's primary listing is on the NYSE, where the finance quote showed USD 114.31 at 10:46 a.m. EDT on October 5, 2026. The USD 108.49 to USD 144.50 52-week range places the stock above its yearly low and below its yearly high, while market capitalization stood at USD 22.1 billion on the same date.

At Lang & Schwarz, PulteGroup was trading at EUR 101.85 on October 5, 2026 at 4:37 p.m. CEST, compared with the EUR 102.85 prior close on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of PulteGroup stock.