PulteGroup stock trades at USD 115.73 before October 22 results

Published on 10/04/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PulteGroup stock posted Q2 2026 net income of USD 472 million and diluted EPS of USD 2.48. Morgan Stanley began coverage on October 1, 2026, with an Equalweight rating and a USD 128 target.

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PulteGroup stock (ISIN US7458671010) was last at USD 115.73 on the NYSE on October 2, 2026, down 0.53 percent from the prior session. The next scheduled company checkpoint is closer: PulteGroup said on August 27, 2026, that it will release third-quarter results before the market opens on October 22, 2026.

Q2 earnings beat consensus

For the second quarter ended June 30, 2026, PulteGroup reported net income of USD 472 million and diluted EPS of USD 2.48, according to PulteGroup on July 22, 2026. The result exceeded the USD 2.36 consensus by USD 0.12, while quarterly revenue reached USD 3.98 billion and declined 9.6 percent year over year, MarketBeat reported on September 28, 2026.

The combination matters for the October report. Earnings per share outperformed expectations, but the revenue comparison points to a more demanding volume and pricing backdrop for the homebuilder.

Analysts see different paths

Investing.com reported on October 1, 2026, that Morgan Stanley initiated coverage with an Equalweight rating and a USD 128 price target. The research cited PulteGroup's scale, buyer diversification and Del Webb franchise, while also pointing to incentives, completed spec inventory and higher land costs.

The broader consensus is more constructive. According to Stock Analysis, 16 analysts carry a Buy consensus and an average 12-month target of USD 140.80. That target lies 21.7 percent above the USD 115.73 reference price, creating a clear gap between the market quotation and aggregate expectations.

Stock remains below yearly high

The NYSE reference price of USD 115.73 on October 2, 2026, sat 19.9 percent below the 52-week high of USD 144.50 and above the 52-week low of USD 108.49. Market capitalization stood at USD 22.3 billion on the same date, putting the upcoming results in a valuation setting shaped by both earnings delivery and housing demand.

October results set the next test

PulteGroup stock was last at USD 115.73 on the NYSE on October 2, 2026, with a daily change of negative 0.53 percent. The October 22 earnings release will show whether the Q2 EPS beat can be repeated while revenue remains under year-ago pressure.