
Hovnanian Enterprises (HOV) Stock Forecast & Price Target
Hovnanian Enterprises (HOV) Analyst Ratings
Bulls say
Hovnanian Enterprises Inc has raised its pretax joint venture income estimate to $10 million, reflecting an optimistic financial outlook. The company has successfully increased prices in approximately 20% of its communities during the third quarter of fiscal year 2025, particularly in the Mid-Atlantic and Northeast markets. Additionally, the improvement in order comparisons, showing a progression from a 4% decline in May to a 7% increase in July, underscores a positive trend in demand for its homes.
Bears say
Hovnanian Enterprises Inc. is expected to face a sequential decline in book value from FY25 to FY26, driven by an anticipated increase in share count for FY26. The company's gross margins for FY25, particularly in F3Q25 and F4Q25, have underperformed expectations, indicating a concerning trend in profitability. Additionally, competitive pressures have exerted greater negative impacts on Hovnanian's gross margins throughout CY25 than previously anticipated, further supporting a negative outlook for the stock.
This aggregate rating is based on analysts' research of Hovnanian Enterprises and is not a guaranteed prediction by Public.com or investment advice.
Hovnanian Enterprises (HOV) Analyst Forecast & Price Prediction
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