Toll Brothers launches LakePointe: Morgan Stanley targets Toll Brothers stock at USD 159

Published on 10/15/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LakePointe offers six collections, with sales planned for mid-2027. Toll Brothers stock costs EUR 116.85 intraday in Germany on October 15, 2026.

LakePointe expands Toll Brothers pipeline

LakePointe sales are planned for mid-2027 after the October 14, 2026 announcement.
Third-quarter revenue reached USD 2.66 billion for the period ended July 31, 2026.
Toll Brothers stock was trading at EUR 116.85 at 1:43 p.m. CEST at Lang & Schwarz on October 15, 2026.
MarketWatch reported Morgan Stanley's USD 159 target on October 1, 2026.

TOL, US8894781033, Illustration mit AI erstellt.

Toll Brothers (US8894781033) was trading at EUR 116.85 at Lang & Schwarz on October 15, 2026, at 1:43 p.m. CEST. The builder announced LakePointe, a six-collection community in Covington, Washington, while MarketWatch reported Morgan Stanley's USD 159 target on October 1, 2026.

LakePointe adds six collections

According to GlobeNewswire on October 14, 2026, Toll Brothers and Brookfield Residential are developing LakePointe in King County. Sales are anticipated to begin in mid-2027, and site work is already underway.

The project will include two- to four-bedroom townhomes and three- to six-bedroom single-family homes ranging from 1,204 to 2,878 square feet. Six collections and two-car garages give the announcement a concrete operating dimension, although the release provides no expected revenue figure.

What does the housing pipeline mean?

The recent chronology shows how the company is balancing new supply with a cautious housing market. On October 1, 2026, Morgan Stanley initiated coverage with an Overweight rating and a USD 159 target, according to MarketWatch. On October 6, 2026, Barclays lowered its target from USD 122 to USD 118, also listed by MarketWatch. On October 14, 2026, the LakePointe announcement added six planned home collections.

The latest reported quarter ended July 31, 2026. Toll Brothers generated USD 2.66 billion in revenue and USD 280.15 million in net income attributable to common shareholders, with diluted earnings per share of USD 2.97. MarketBeat reported that revenue was down 9.7 percent year over year, making new community launches relevant to future volume rather than an immediate earnings boost.

Dates for the next readout

The next two substantiated dates are October 23, 2026, for payment of a USD 0.26 quarterly dividend, and December 14, 2026, for the fiscal fourth-quarter earnings release. MarketBeat names the dividend payment date, while Markets Insider lists the earnings date.

Stock price and valuation

Toll Brothers has a USD 12.0 billion market capitalization as of October 14, 2026. Its 52-week range is USD 123.15 to USD 168.36, placing the latest US quote inside that interval. The company operates in residential construction and builds homes in more than 60 US markets.

The stock was trading at EUR 116.85 at Lang & Schwarz on October 15, 2026, at 1:43 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Toll Brothers stock.