
Lennar (LEN) Stock Forecast & Price Target
Lennar (LEN) Analyst Ratings
Bulls say
Lennar is projected to experience a 5% year-over-year growth in unit closings for FY27, supported by a stable gross margin estimate of 17.8%. The decline in mortgage rates has positively influenced customer traffic, suggesting an increasing demand for homes, even as the company raises incentives to attract buyers. Management's indication that they do not plan to reduce incentive levels in the near term further points to a strategic approach aimed at bolstering home sales amidst competitive market conditions.
Bears say
Lennar's financial outlook has weakened, evidenced by a sequential gross margin decline of 100 basis points transitioning from the fourth quarter of the previous year to the first quarter of the current year. Additionally, the average backlog price for the company has decreased significantly from $462,000 in the fourth quarter of fiscal year 2024 to $393,000 in the third quarter of fiscal year 2025, indicating potential pricing pressures. Furthermore, lowered earnings per share estimates for fiscal years 2026 and 2027, at $8.47 and $9.75 respectively, along with a reduction in revenue forecasts from $36 billion to $35 billion highlight a decrease in financial performance expectations.
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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