
Lennar (LEN) Stock Forecast & Price Target
Lennar (LEN) Analyst Ratings
Bulls say
Lennar is projected to achieve a 5% year-over-year growth in unit closings for fiscal year 2027, supported by a strong gross margin expectation of 17.8%. The company has benefited from recent declines in mortgage rates, which positively influenced customer traffic in the fourth fiscal quarter of 2025. Additionally, despite an increase in incentive levels to 14.3%, management's outlook suggests a stable approach to pricing, indicating confidence in maintaining customer engagement and sales momentum.
Bears say
Lennar has experienced a traditional sequential gross margin decline of 100 basis points from the fourth quarter of the previous year to the first quarter, indicating potential challenges in maintaining profitability. Additionally, the company's average backlog price has significantly decreased from $462,000 in the fourth quarter of fiscal year 2024 to $393,000 in the third quarter of fiscal year 2025, reflecting weaker demand or pricing pressure in the market. Furthermore, revised earnings per share estimates for fiscal years 2026 and 2027 have been lowered, alongside a reduction in revenue expectations from $36 billion to $35 billion, suggesting diminished growth prospects and revenue leverage.
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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