Goldman Sachs cuts target to USD 138 for PulteGroup stock

Published on 10/20/2026 at 21:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Explore by Del Webb plans 900 Utah homes on October 8, 2026. PulteGroup stock costs EUR 101.83 on October 20, 2026 at Lang & Schwarz.

Analyst target and housing expansion

Goldman Sachs cut its PulteGroup target from USD 146.00 to USD 138.00 on October 12, 2026.
Explore by Del Webb planned a Utah community with approximately 900 homes on October 8, 2026.
PulteGroup stock costs EUR 101.83 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST.
PulteGroup reports third-quarter 2026 results before the market opens on October 22, 2026.

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PulteGroup Inc. (ISIN US7458671010) faces a lower analyst valuation after MarketScreener reported that Goldman Sachs cut its price target from USD 146.00 to USD 138.00 on October 12, 2026. Separately, PulteGroup is expanding its Explore by Del Webb brand through a planned Utah community with approximately 900 homes, according to Business Wire on October 8, 2026. The stock was trading at EUR 101.83 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST.

Goldman target remains above the quote

The revised USD 138.00 target stands 20.67 percent above the USD 114.36 Nasdaq price at the October 20, 2026 quotation. The calculation uses the Nasdaq price and the target in the same currency, rather than comparing the US dollar valuation with the euro quotation in Germany.

Goldman Sachs was not the only research firm to adjust its view in October. Citi lowered its target from USD 134.00 to USD 122.00 on October 15, 2026, while RBC cut its target from USD 116.00 to USD 111.00 on the same date, according to Markets Insider.

What does the 900-home project add?

The Utah plan gives the newer Explore by Del Webb brand a project pipeline of 900 homes near Park City and Deer Valley. Business Wire said models and a sales center were expected to open in late 2027, adding a dated development milestone to the expansion plan.

Results arrive October 22

PulteGroup is scheduled to report third-quarter 2026 results before the market opens on October 22, 2026, with a conference call at 8:30 a.m. ET, according to Yahoo Finance. The same preview said second-quarter revenue was USD 3.983 billion and diluted earnings per share were USD 2.48, while analysts expected USD 3.980 billion of revenue and USD 2.38 of earnings per share.

Peer valuations remain higher

At the October 20, 2026 quotation, PulteGroup had a market capitalization of USD 21.8 billion and a price-to-earnings ratio of 11.74. D.R. Horton stood at USD 39.2 billion and a ratio of 13.37, while Lennar stood at USD 18.7 billion and a ratio of 14.89.

Price and upcoming dates

PulteGroup's Nasdaq price was USD 114.36 at 3:29 p.m. ET on October 20, 2026. The same quotation showed a 52-week range of USD 107.16 to USD 144.50, placing the stock USD 6.80 above its yearly low and USD 30.14 below its yearly high.

The stock's next scheduled company event is the third-quarter 2026 results release on October 22, 2026. The October 8 Utah announcement also identified late 2027 as the expected opening period for the community's models and sales center.

Stock price and investor context

PulteGroup combines a lower recent analyst target with a planned 900-home expansion and a results date two days away. The reported second-quarter revenue of USD 3.983 billion provides the latest completed period for comparison with the upcoming third-quarter release. The stock was trading at EUR 101.83 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of PulteGroup stock.