UBS Group Has Lowered Expectations for PulteGroup (NYSE:PHM) Stock Price

Key Points

• UBS Group lowered its PulteGroup price target to $162 from $166 while maintaining a “buy” rating, implying approximately 34% upside from the stock’s $120.79 price.
• PulteGroup reported a quarterly earnings and revenue miss: EPS was $2.53 versus $2.63 expected, while revenue of $3.97 billion declined 9.8% year over year and fell below the $4.15 billion consensus.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and $136.94 average price target, though housing affordability pressures, weaker demand and lower closings remain key risks.

PulteGroup (NYSE:PHM - Get Free Report) had its price objective dropped by equities researchers at UBS Group from $166.00 to $162.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a "buy" rating on the construction company's stock. UBS Group's price objective points to a potential upside of 34.11% from the company's current price.

Several other equities research analysts also recently issued reports on PHM. Evercore reaffirmed an "outperform" rating on shares of PulteGroup in a research report on Friday, September 25th. Royal Bank Of Canada cut their price objective on PulteGroup from $111.00 to $110.00 and set a "sector perform" rating for the company in a research report on Friday. Weiss Ratings upgraded PulteGroup from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, October 16th. Barclays decreased their target price on PulteGroup from $110.00 to $109.00 and set an "equal weight" rating for the company in a research note on Friday. Finally, Benchmark raised PulteGroup to a "strong-buy" rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $136.94.

PulteGroup Stock Performance

PHM traded up $1.31 during trading on Friday, hitting $120.79. The stock had a trading volume of 1,828,062 shares, compared to its average volume of 1,812,365. The firm has a market cap of $22.64 billion, a PE ratio of 12.36, a P/E/G ratio of 1.57 and a beta of 1.16. PulteGroup has a 12 month low of $107.15 and a 12 month high of $144.49. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.14. The company has a 50 day simple moving average of $119.99 and a 200-day simple moving average of $122.71.

PulteGroup (NYSE:PHM - Get Free Report) last released its earnings results on Thursday, October 22nd. The construction company reported $2.53 earnings per share for the quarter, missing analysts' consensus estimates of $2.63 by ($0.10). PulteGroup had a return on equity of 15.21% and a net margin of 11.62%. The firm had revenue of $3.97 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same period in the prior year, the firm earned $2.96 EPS. The firm's revenue was down 9.8% on a year-over-year basis. Analysts expect that PulteGroup will post 10.06 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PHM. Cedar Mountain Advisors LLC raised its position in shares of PulteGroup by 1,650.0% during the first quarter. Cedar Mountain Advisors LLC now owns 210 shares of the construction company's stock valued at $25,000 after buying an additional 198 shares during the last quarter. NFSG Corp bought a new stake in shares of PulteGroup in the first quarter valued at about $29,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in PulteGroup during the first quarter worth about $37,000. Mcdonald Partners LLC acquired a new stake in PulteGroup during the second quarter worth about $43,000. Finally, Summit Securities Group LLC grew its position in PulteGroup by 86.6% during the first quarter. Summit Securities Group LLC now owns 541 shares of the construction company's stock worth $64,000 after buying an additional 251 shares in the last quarter. Institutional investors own 89.90% of the company's stock.

More PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup reported third-quarter net income of approximately $476 million, or $2.53 per share. Although earnings declined from $2.96 per share a year earlier, the company said its diversified platform—including its active-adult business—continues to provide resilience as affordability pressures weigh on buyers. PulteGroup Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Backlog growth and relatively strong profitability remain key positives. Analysts noted that PulteGroup’s backlog and active-adult segment could cushion softer current demand, while its cash flow and balance sheet make the shares appear attractively valued to some investors. PHM Q3 deep dive: housing demand softens, but backlog and active adult segment offer resilience
• Neutral Sentiment: Management expects 27,000–27,500 full-year home closings and plans approximately $5.3 billion in 2026 land investments. The targets signal continued expansion, but the substantial land spending also increases the importance of a sustained recovery in housing demand. PulteGroup anticipates full-year closings and 2026 land spend
• Negative Sentiment: Third-quarter EPS of $2.53 missed the $2.63 consensus estimate, while revenue of $3.97 billion fell short of the $4.15 billion forecast and declined 9.8% year over year. Lower closings, softer demand, and narrower margins outweighed the company’s backlog strength. PHM Q3 Earnings Miss Estimates on Lower Closings and Margins
• Negative Sentiment: Royal Bank of Canada cut its price target to $110 from $111 and maintained a “sector perform” rating, implying limited upside from recent trading levels. Rising mortgage rates, inflation, and weaker luxury-home demand remain the primary near-term risks. Royal Bank of Canada analyst rating

About PulteGroup

PulteGroup, Inc is a major U.S. homebuilding company that designs, builds and sells homes for a range of buyers, including first-time, move-up and active-adult customers. Its operations include land acquisition and development, home construction, sales and marketing, and customer service.

The company markets homes under several well-known brands, including Pulte, Centex, Del Webb, DiVosta and American West. Through these brands, PulteGroup offers a variety of single-family home designs and communities, with products tailored to different price points, lifestyles and stages of homeownership.

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