Lennar Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Lennar stock have an average target of 171.36, with a low estimate of 117 and a high estimate of 240. The average target predicts an increase of 0.25% from the current stock price of 170.94.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$117	$171.36	$175	$240
Change	-31.55%	+0.25%	+2.38%	+40.40%

Analyst Ratings

The average analyst rating for Lennar stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	4	4	4	4	5	3
Buy	6	6	6	6	6	5
Hold	6	4	3	3	3	7
Sell	1	1	2	2	2	1
Strong Sell	1	1	1	1	0	0
Total	18	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Susan Maklari Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $180 → $174	Strong Buy → Hold	Downgrades	$180 → $174	+1.79%	Jul 22, 2024
Stephen Kim Evercore ISI Group	Evercore ISI Group	Buy Maintains $237 → $240	Buy	Maintains	$237 → $240	+40.40%	Jul 15, 2024
Jay McCanless Wedbush	Wedbush	Sell → Hold Upgrades $144	Sell → Hold	Upgrades	$144	-15.76%	Jul 9, 2024
Buck Horne Raymond James	Raymond James	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Jul 2, 2024
Anthony Pettinari Citigroup	Citigroup	Strong Buy → Hold Downgrades $174 → $164	Strong Buy → Hold	Downgrades	$174 → $164	-4.06%	Jul 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

35.79B

from 34.23B

4.54%

from 34.23B

Revenue Next Year

38.46B

from 35.79B

7.45%

from 35.79B

EPS This Year

14.71

from 13.73

7.15%

from 13.73

EPS Next Year

16.48

from 14.71

11.99%

from 14.71

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	22.26B	22.49B	27.13B	33.67B	34.23B	35.79B	38.46B	41.26B	45.81B	47.73B
Revenue Growth	8.21%	1.03%	20.64%	24.11%	1.67%	4.54%	7.45%	7.29%	11.03%	4.21%
EPS	5.74	7.85	14.27	15.72	13.73	14.71	16.48	18.52	22.49	24.09
EPS Growth	5.51%	36.76%	81.78%	10.16%	-12.66%	7.15%	11.99%	12.38%	21.48%	7.09%
Forward PE	-	-	-	-	-	11.62	10.38	9.23	7.60	7.10
No. Analysts	-	-	-	-	-	24	24	8	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	38.3B	42.2B	46.1B	47.6B	49.6B
Avg	35.8B	38.5B	41.3B	45.8B	47.7B
Low	33.2B	35.2B	37.5B	44.4B	46.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	11.9%	18.0%	19.9%	15.4%	8.3%
Avg	4.5%	7.4%	7.3%	11.0%	4.2%
Low	-2.9%	-1.8%	-2.4%	7.7%	1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	15.96	18.45	21.91	23.38	25.04
Avg	14.71	16.48	18.52	22.49	24.09
Low	13.72	14.75	16.46	21.82	23.37

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	16.2%	25.4%	33.0%	26.3%	11.3%
Avg	7.2%	12.0%	12.4%	21.5%	7.1%
Low	-0.1%	0.3%	-0.1%	17.9%	3.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.