PulteGroup stock falls as analysts cut targets
Published on 09/30/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PulteGroup stock (ISIN US7458671010) was trading at EUR 103.23 at Lang & Schwarz on September 30, 2026 at 4:33 p.m. CEST, down 1.22 percent versus the prior close of EUR 104.50. The latest analyst action cited by MarketBeat was Truist Financial's September 16 cut of its target from USD 145.00 to USD 136.00, while retaining a Buy rating.
Quarterly earnings beat consensus
PulteGroup reported second quarter 2026 revenue of USD 3.98 billion and quarterly EPS of USD 2.48, according to MarketBeat on September 28, 2026. EPS exceeded the USD 2.36 consensus estimate by USD 0.12, while revenue topped the USD 3.94 billion forecast.
The comparison is mixed. Revenue declined 9.6 percent from the same quarter a year earlier, while net income reached USD 472.0 million in the quarter ended June 30, 2026, according to MarketBeat.
Analysts trim targets
Truist's target reduction leaves a gap between individual estimates and the broader consensus. MarketBeat listed a Moderate Buy consensus and an average target of USD 140.93 on September 28, 2026, while Wells Fargo cut its target from USD 150.00 to USD 145.00 and kept an Overweight rating on September 11, as MarketScreener reported.
The next company checkpoint is scheduled for October 22, 2026. PulteGroup is set to release third quarter 2026 results before the market opens, according to MarketScreener. The company also declared a quarterly dividend of USD 0.26 per share payable October 2, 2026, according to MarketBeat.
Stock trades lower in euros
On the NYSE, PHM was last at USD 117.35 on September 30, 2026 at 10:38 a.m. ET during the open session. Its market capitalization was USD 22.6 billion, while the 52-week range was USD 108.49 to USD 144.50 on the same date. For investors, the second quarter data point to resilient earnings relative to consensus, but the revenue decline and lower targets keep demand and pricing power central to the October results.
PulteGroup stock facts
- Company: PulteGroup, Inc.
- ISIN: US7458671010
- Ticker: PHM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 30, 2026, 4:33 p.m. CEST): EUR 103.23
- Change versus prior close: minus 1.22 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 104.50
- Market capitalization: USD 22.6 billion (as of September 30, 2026)
- 52-week range: USD 108.49-144.50 (as of September 30, 2026)
- Sector / Industry: Consumer Discretionary / Residential Construction
- Next earnings date: October 22, 2026
