Meritage Homes Corporation (MTH)

Meritage Homes Stock Forecast

Stock Price Forecast

The 9 analysts that cover Meritage Homes stock have a consensus rating of "Buy" and an average price target of $83.61, which forecasts a 12.21% increase in the stock price over the next year. The lowest target is $57.5 and the highest is $118.

Price Target: $83.61 (+12.21%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$57.5	$83.61	$82	$118
Change	-22.83%	+12.21%	+10.05%	+58.37%

Analyst Ratings

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

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	2	2	3	3	3	3
Buy	2	2	2	2	2	2
Hold	4	4	4	4	5	5
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Rehaut JP Morgan	JP Morgan	Hold Maintains $70 → $60	Hold	Maintains	$70 → $60	-19.47%	Jul 28, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $77 → $75	Hold	Maintains	$77 → $75	+0.66%	Jul 28, 2025
Jay McCanless Wedbush	Wedbush	Hold Maintains $103 → $90	Hold	Maintains	$103 → $90	+20.79%	Jul 25, 2025
Stephen Kim Evercore ISI Group	Evercore ISI Group	Buy Maintains $97 → $100	Buy	Maintains	$97 → $100	+34.21%	Jul 25, 2025
Rafe Jadrosich B of A Securities	B of A Securities	Strong Buy Initiates $82	Strong Buy	Initiates	$82	+10.05%	May 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.30B

Decreased by -1.53%

from 6.40B

Revenue Next Year

6.72B

Increased by 6.75%

from 6.30B

EPS This Year

8.41

Decreased by -21.59%

from 10.72

EPS Next Year

9.29

Increased by 10.53%

from 8.41

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	4.50B	5.14B	6.29B	6.14B	6.40B	6.30B	6.72B	6.97B
Revenue Growth	22.75%	14.22%	22.39%	-2.45%	4.18%	-1.53%	6.75%	3.69%
EPS	5.50	9.65	13.37	9.96	10.72	8.41	9.29	11.20
EPS Growth	71.34%	75.36%	38.62%	-25.51%	7.63%	-21.59%	10.53%	20.52%
Forward PE	-	-	-	-	-	8.86	8.02	6.65
No. Analysts	-	-	-	-	-	14	14	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	7.1B	7.5B	7.9B
Avg	6.3B	6.7B	7.0B
Low	5.7B	5.8B	6.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.5%	19.1%	17.9%
Avg	-1.5%	6.7%	3.7%
Low	-11.6%	-8.6%	-11.1%

EPS Forecast

EPS	2025	2026	2027
High	9.03	10.45	12.34
Avg	8.41	9.29	11.20
Low	7.64	8.18	10.54

EPS Growth

EPS Growth	2025	2026	2027
High	-15.8%	24.3%	32.8%
Avg	-21.6%	10.5%	20.5%
Low	-28.7%	-2.6%	13.4%

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.