
Lennar (LEN) Stock Forecast & Price Target
Lennar (LEN) Analyst Ratings
Bulls say
Lennar is projected to achieve a 5% year-over-year growth in unit closings for FY27, which reflects a strong demand for its homebuilding operations across various buyer segments. Despite a slight adjustment in gross margin expectations down to 17.8%, the positive influence of recent mortgage rate declines has spurred increased traffic in the fourth quarter, indicating favorable market conditions. Furthermore, the company's current strategy of maintaining higher incentive levels suggests a commitment to driving sales, bolstering its competitive positioning in the housing market.
Bears say
Lennar's gross margin has experienced a traditional sequential decline of 100 basis points from the fourth quarter of the previous year to the first quarter of the current year, indicating potential pressure on profitability. Additionally, the company's average backlog price has significantly decreased from $462,000 in the fourth quarter of fiscal year 2024 to $393,000 in the third quarter of fiscal year 2025, suggesting weakening demand or pricing pressure in the market. Furthermore, revised earnings per share estimates for fiscal years 2026 and 2027 have been reduced to $8.47 and $9.75, respectively, alongside a downward adjustment in revenue projections to $35 billion, reflecting a cautious outlook for future performance.
This aggregate rating is based on analysts' research of Lennar and is not a guaranteed prediction by Public.com or investment advice.
Lennar (LEN) Analyst Forecast & Price Prediction
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