What is PHM stock price target for 2026?

WallStSmart's 12-month price target for PulteGroup Inc is $117.71, representing 2.5% downside from the current price of $120.71.

What is PHM stock forecast?

PulteGroup Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

PHM

PulteGroup Inc

NYSE: PHM · CONSUMER CYCLICAL · RESIDENTIAL CONSTRUCTION

$120.71

-3.38% today

Updated 2026-04-29

Market cap

$22.99B

P/E ratio

11.67

P/S ratio

1.37x

EPS (TTM)

$10.34

Dividend yield

0.77%

52W range

$94 – $144

Volume

1.9M

Market cap

$22.99B

P/E ratio

11.67

P/S ratio

1.37x

EPS (TTM)

$10.34

Dividend yield

0.77%

52W range

$94 – $144

Volume

1.9M

PulteGroup Inc (PHM) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$120.71

Consensus

$137.67

+14.05%

2030 Target

$1,266.73

+949.40%

DCF

—

Current price

$120.71

Analyst consensus

$137.67

+14.05%

2030 Target

$1,266.73

+949.40%

Intrinsic (DCF)

—

12 analysts:

5 Buy4 Hold0 Sell

Management guidance

No specific CEO revenue targets found in available data. Management has guided to mixed 2026 with softening demand and margin pressure, followed by recovery in 2027. Current analyst consensus projects 2026 revenue of $16.64B (-3.89% YoY) and 2027 revenue of $17.41B (+4.64% YoY).

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$2,099.49

$20.2B Rev × 20x P/S

Base case (2030)

$1,266.73

$20.2B Rev × 12x P/S

Bear case (2030)

$844.49

$20.2B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$16.1B	$17.9B	$17.3B	$16.6B	$17.4B	$18.2B	$19.1B	$20.2B
Revenue growth	—	11.7%	-3.5%	-3.9%	4.6%	4.4%	5.3%	5.5%
EPS	$11.77	$14.46	$11.12	$10.28	$11.45	$12.10	$12.85	$13.65
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$1,043.88	$1,090.80	$1,137.71	$1,196.36	$1,266.73

Catalysts & risks

Growth catalysts

+ Strategic expansion into Northwest Florida via St. Joe partnership (1,300+ homesites) - first entry into region

+ Potential mortgage rate decline and consumer confidence recovery in 2027

+ Strong land bank positioning and diversified brand portfolio (PulteGroup, Centex, Atria, Del Webb) across growth regions

+ Truist Buy initiation with $170 price target citing 2027 earnings growth potential

Key risks

- 2026 demand weakness - analyst consensus projects -3.89% revenue decline YoY; elevated mortgage rates and geopolitical instability (Iran tensions) pressuring consumer

- Margin compression in 2026 due to incentive increases and uneven demand across regions

- Antitrust probe into homebuilder practices; potential regulatory headwinds

- Labor availability and supply chain cost inflation constraining profitability

- Affordability crisis limiting addressable market despite strong demographics

Methodology

PulteGroup Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.