
Lennar (LEN) Stock Forecast & Price Target
Lennar (LEN) Analyst Ratings
Bulls say
Lennar is projected to achieve a 5% year-over-year unit closing growth in FY27, reflecting continued demand in the housing market. The company is also expected to maintain a solid gross margin of 17.8%, although this is a slight decline from the previous projection of 18.2%. Additionally, the recent decline in mortgage rates has positively influenced buyer traffic, suggesting robust future performance despite increased incentives in the near term.
Bears say
Lennar has experienced a significant decline in its average backlog price, dropping from $462,000 in F4Q24 to $393,000 in F3Q25, indicating potential weakness in demand for its homes. Additionally, the company is adjusting its fiscal year 2026 and 2027 earnings per share estimates downward to $8.47 and $9.75, respectively, from previous estimates of $9.72 and $10.50, reflecting a deterioration in expected profitability. Furthermore, revenue expectations for FY26 have been revised down from $36 billion to $35 billion, accompanied by a reduced closing estimate of units sold, suggesting challenges in revenue generation amid a potentially weakening housing market.
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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