Meritage Homes Corporation (MTH)

Meritage Homes Stock Forecast

Stock Price Forecast

The 10 analysts that cover Meritage Homes stock have a consensus rating of "Buy" and an average price target of $74.42, which forecasts a 11.47% increase in the stock price over the next year. The lowest target is $40 and the highest is $118.

Price Target: $74.42 (+11.47%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$74.42	$70	$118
Change	-40.08%	+11.47%	+4.85%	+76.75%

* Price targets were last updated on May 5, 2025.

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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	2	2	2	2	3	3
Buy	3	3	2	2	2	2
Hold	3	3	4	4	4	4
Sell	1	1	1	1	1	1
Strong Sell	1	1	0	0	0	0
Total	10	10	9	9	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rafe Jadrosich B of A Securities	B of A Securities	Strong Buy Initiates $82	Strong Buy	Initiates	$82	+22.83%	May 5, 2025
Michael Rehaut JP Morgan	JP Morgan	Hold Maintains $89 → $70	Hold	Maintains	$89 → $70	+4.85%	May 1, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $90 → $77	Hold	Maintains	$90 → $77	+15.34%	Apr 28, 2025
Kenneth Zener Seaport Global	Seaport Global	Strong Sell → Hold Upgrades $70	Strong Sell → Hold	Upgrades	$70	+4.85%	Mar 6, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $97 → $90	Hold	Maintains	$97 → $90	+34.81%	Feb 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.65B

Increased by 3.99%

from 6.40B

Revenue Next Year

7.16B

Increased by 7.59%

from 6.65B

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	6.65B	7.16B	7.62B
Revenue Growth	22.75%	14.22%	22.39%	-2.45%	4.18%	3.99%	7.59%	6.46%
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	-	-	-	-	-	7.94	7.19	5.96
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	7.7B	8.1B
Avg	6.7B	7.2B	7.6B
Low	6.1B	6.7B	7.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	11.6%	15.3%	13.0%
Avg	4.0%	7.6%	6.5%
Low	-4.1%	0.3%	1.0%

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.