Royal Bank of Canada cuts target for PulteGroup stock to USD 111.00

Published on 10/15/2026 at 19:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PulteGroup reports third-quarter results on October 22, 2026. PulteGroup stock costs EUR 100.53 on October 15, 2026, up 2.92 percent on Nasdaq.

Analyst target and reporting date

Royal Bank of Canada lowered its PulteGroup target from USD 116.00 to USD 111.00 on October 15, 2026.
PulteGroup is scheduled to report third-quarter 2026 results before the market opens on October 22, 2026.
PulteGroup stock costs EUR 100.53 at Lang & Schwarz on October 15, 2026 at 7:02 p.m. CEST.
PulteGroup trades at a P/E ratio of 11.56 with a USD 21.4 billion market capitalization.

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Royal Bank of Canada lowered its PulteGroup target from USD 116.00 to USD 111.00 on October 15, 2026, putting the target 1.38 percent below the Nasdaq quote of USD 112.55. According to MarketBeat, the bank kept a sector perform rating. On Nasdaq, PulteGroup was last at USD 112.55 on October 15, 2026 at 1:05 p.m. ET, up 2.92 percent from the prior close. PulteGroup stock was trading at EUR 100.53 at Lang & Schwarz on October 15, 2026 at 7:02 p.m. CEST.

October 22 sets the next checkpoint

PulteGroup is scheduled to publish third-quarter 2026 results before the Nasdaq open on October 22, 2026. MarketBeat said analysts expect USD 2.65 in earnings per share and USD 4.16 billion in revenue for that quarter. Those are expectations, not reported results.

Second-quarter figures set the base

PulteGroup reported USD 3.98 billion in revenue and USD 472.00 million in net income for the second quarter of 2026, according to MarketBeat. Diluted earnings per share came to USD 2.48 versus USD 2.36 consensus, while revenue declined 9.60 percent year over year. The comparison gives the October report a clear test: earnings expectations have risen from the prior quarter, but revenue expectations also imply a larger top line.

Valuation stays below the yearly high

PulteGroup's market capitalization is USD 21.4 billion, and its P/E ratio is 11.56. The 52-week range runs from USD 107.16 to USD 144.50 as of October 15, 2026. The Nasdaq quote sits USD 31.95 below the high, a 22.11 percent gap calculated from the same currency. Average volume is 1,651,835 shares, against 797,061 shares traded in the session.

Comparison with peers

PulteGroup Inc. (NYSE, USD): plus 2.92 percent, P/E 11.56, market capitalization USD 21.4 billion.

D.R. Horton (NYSE, USD): plus 4.10 percent, P/E 13.26, market capitalization USD 38.9 billion.

Lennar Corporation (NYSE, USD): plus 5.25 percent, P/E 14.63, market capitalization USD 18.4 billion.

Price and the next report

The analyst revision puts the USD 111.00 target slightly below the latest Nasdaq quote, while the next reported period arrives on October 22, 2026. The euro quotation was EUR 100.53 at Lang & Schwarz on October 15, 2026 at 7:02 p.m. CEST.

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