KB Home (NYSE:KBH) Azioni

KB HOME

KB Home

KB Home is an American construction company that focuses on residential construction in the United States. The company builds single-family homes and communities across different geographical segments which include the West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.

Core & Main, Inc.

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Pre-Market Outlook

Markets

Trading Ideas

Gli esperti di Wall Street puntano l&#39;attenzione su specifiche aziende e settori chiave, pronti a muovere gli equilibri.

Core &amp; Main, KB Home e altre 3 azioni chiave: cosa aspettarsi oggi dai mercati

Earnings

CTRM

EPAC

LUNR

TIVC

Le ultime notizie e le previsioni sul mercato azionario USA: quali titoli potrebbero riservare sorprese e opportunità per gli investitori?

KB Home, Intuitive Machines e altre 3 azioni da monitorare oggi

WIIM

Shares of homebuilder stocks are trading higher amid a drop in Treasury yields.

TMHC

Shares of homebuilders and housing-linked stocks are trading lower as markets react to President Trump's announcement of sweeping tariffs.

U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 700 points during the session as investors assessed recent tariff-related news.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Leo Mariani
<ul>
<li>Analyst Firm: Roth MKM</li>
<li>Ratings Accuracy: 88%</li>
<li>Latest Rating: Initiated coverage on Sable Offshore Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOC#NYSE">SOC</a>) with a Buy rating and a price target of $30 on March 27. This analyst sees around 16% upside in the stock.</li>
<li>Recent News: On March 17, Sable Offshore posted a 2024 net loss of $617.3 million.</li>
</ul>
Analyst: Jay McCanless
<ul>
<li>Analyst Firm: Wedbush</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Reiterated a Neutral rating on KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a price target of $75 on March 25. This analyst sees around 30% surge in the stock.</li>
<li>Recent News: On March 24, KB Home reported worse-than-expected first-quarter EPS and sales.</li>
</ul>
Analyst: Ann Hynes 
<ul>
<li>Analyst Firm: Mizuho</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Neutral rating on Acadia Healthcare Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACHC#NASDAQ">ACHC</a>) and cut the price target from $48 to $37 on March 25. This analyst sees around 23% upside in the stock.</li>
<li>Recent News: On March 6, Acadia Healthcare announced the pricing of $550 million senior notes due 2033.</li>
</ul>
Analyst: Doug Anmuth
<ul>
<li>Analyst Firm: JP Morgan</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained an Overweight rating on Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) and raised the price target from $38 to $40 on March 27. This analyst sees around 25% upside in the stock.</li>
<li>Recent News: On March 26, Chewy reported a fourth-quarter adjusted EPS of 28 cents, up 55.6% year-over-year, compared to the consensus of 5 cents.</li>
</ul>
Analyst: Josh Sullivan
<ul>
<li>Analyst Firm: Benchmark</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Reiterated a Buy rating on Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) with a price target of $16 on March 25. This analyst sees around 100% upside in the stock.</li>
<li>Recent News: On March 24, Intuitive Machines reported fourth-quarter revenue of $54.66 million, missing analyst estimates of $55.77 million.</li>
</ul>
Read More:
<ul>
<li><a href="https://www.benzinga.com/25/03/44534977/jim-cramer-healthpeak-properties-is-a-reasonable-reit-recommends-buying-this-health-care-stock"> Jim Cramer: Healthpeak Properties Is A &#8216;Reasonable&#8217; REIT, Recommends Buying This Health Care Stock</a></li>
</ul>

Price Target

Analyst Ratings

ACHC

CHWY

5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Week

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener"> many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
U.S. stock markets declined this week amid escalating trade tensions and inflation concerns. The S&amp;P 500 fell 2%, the Dow Jones Industrial Average dropped 1.7%, and the Nasdaq Composite decreased by 2.7%, marking one of the worst weeks in recent years.
President Donald Trump's announcement of a 25% tariff on imported automobiles and parts contributed to market volatility. Automotive stocks were notably impacted; General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) tumbled over 7%, and Ford (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) slid 3.9%. Conversely, electric vehicle manufacturers like Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) edged up 0.4%, as their U.S.-based production is less affected by the tariffs.
Beyond the auto sector, economic indicators added to investor unease. The Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) price index, rose 0.4% in February, bringing the annual rate to 2.8%, above the Fed's 2% target. Additionally, consumer spending data fell short of expectations, exacerbating fears of economic slowdown amid President Trump's tariff policies.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls
<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/03/44512999/chevron-hits-52-week-high-warren-buffetts-5th-largest-holding-is-on-fire-but-should-you-buy">"Chevron Hits 52-Week High: Warren Buffett's 5th Largest Holding Is On Fire — But Should You Buy?"</a>, by Surbhi Jain, reports that Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) hit a 52-week high as rising oil prices and Warren Buffett's ongoing support strengthened investor confidence.
<a href="https://www.benzinga.com/media/25/03/44515782/microsoft-halts-expansion-plans-yet-analysts-still-rank-it-among-top-investment-picks">"Microsoft Halts Expansion Plans, Yet Analysts Still Rank It Among Top Investment Picks"</a>, by Anusuya Lahiri, explains why analysts remain bullish on Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) despite the tech giant pausing major data center expansions amid concerns of AI overcapacity.
<a href="https://www.benzinga.com/analyst-ratings/upgrades/25/03/44477982/carvana-analyst-says-its-time-to-buy-the-potential-amazon-of-auto-retail">"Carvana Analyst Says It's Time To Buy The Potential ‘Amazon Of Auto Retail'"</a>, by Adam Eckert, reports that Morgan Stanley analyst Adam Jonas upgraded Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) from Equal-Weight to Overweight, raising the price target from $260 to $280, citing the company's potential to dominate auto retail akin to Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/earnings/25/03/44504468/concentrix-shares-pop-on-strong-q1-results-raised-revenue-guidance">Concentrix Shares Pop On Strong Q1 Results, Raised Revenue Guidance</a>
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44517249/stock-of-the-day-will-the-move-higher-in-sysco-continue">Stock Of The Day – Will The Move Higher In Sysco Continue?</a>
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44460563/tesla-jumps-10-on-china-fsd-optimism-tariff-easing-hopes">Tesla Jumps 10% On China FSD Optimism, Tariff Easing Hopes</a>

The Bears
<a href="https://www.benzinga.com/general/biotech/25/03/44500068/novo-nordisk-stock-sinks-to-52-week-lows-weight-loss-boom-losing-steam">"Novo Nordisk Stock Sinks To 52-Week Lows: Weight Loss Boom Losing Steam?"</a>, by Surbhi Jain, reports that Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) shares have plunged 44% year-over-year, hitting a 52-week low amid investor concerns over competition from Eli Lilly and Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) and the company's recent $2 billion acquisition of rights to a Chinese obesity drug.
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44513787/nike-stock-hits-52-week-lows-is-the-sneaker-king-losing-its-step">"Nike Stock Hits 52-Week Lows: Is The Sneaker King Losing Its Step?"</a>, by Surbhi Jain, shows Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) tumbling to a 52-week low as slowing sales in China and rising competition challenge the global sneaker giant's dominance.
<a href="https://www.benzinga.com/25/03/44475805/homebuilders-kb-home-lennar-cut-prices-as-homebuyer-demand-has-slowed-materially">"Homebuilders KB Home, Lennar Cut Prices As Homebuyer Demand Has Slowed Materially"</a>, by Erica Kollmann, reports that KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) and Lennar Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) are reducing home prices and offering incentives as elevated mortgage rates have significantly dampened buyer demand.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/25/03/44517020/ev-maker-mullen-automotive-to-further-cut-costs-and-slash-workforce">EV Maker Mullen Automotive To Further Cut Costs And Slash Workforce: Details</a>
<a href="https://www.benzinga.com/25/03/44465410/snow-white-disappoints-at-box-office-will-remake-hurt-disneys-marvel-magic-in-2025">‘Snow White' Disappoints At Box Office: Will Remake Hurt Disney's Marvel Magic In 2025?</a>
<a href="https://www.benzinga.com/news/offerings/25/03/44511664/why-is-teslas-chinese-rival-nio-stock-diving-today">Why Is Tesla's Chinese Rival NIO Stock Diving Today? (UPDATED)</a>

Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
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AMZN

CVNA

MSFT

TSLA

Benzinga Bulls And Bears: Chevron, Microsoft, Nike — And Tariffs Have Automotive Sector Reeling

KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading lower on Friday</a>.
The firm is leading the way in wildfire resilience with its newly unveiled <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/b44511945/kb-home-introduces-wildfire-resilient-neighborhood" rel="noreferrer noopener">Dixon Trail community in Escondido, California.</a>
The company said in a statement on Thursday that this development is the first in the nation to meet the home- and neighborhood-level wildfire resilience standards set by the Insurance Institute for Business &amp; Home Safety.
The homes in Dixon Trail are built with fire-resistant materials and methods based on over a decade of IBHS wildfire research.
These homes are designed to the highest level of protection against direct flame contact, radiant heat, and embers, reducing the likelihood of wildfire spread.
Upon completion, Dixon Trail will feature 64 homes, each constructed to the Wildfire Prepared Home Plus standard, ensuring they meet the strictest fire mitigation requirements.
Also Read: <a target="_blank" href="https://www.benzinga.com/personal-finance/financial-advisors/25/03/44536421/exclusive-this-fintech-disruptor-is-giving-financial-advisors-their-own-iron-man-suit-heres-how" rel="noreferrer noopener">EXCLUSIVE: This FinTech Disruptor Is Giving Financial Advisors Their Own &#8216;Iron Man Suit&#8217; — Here&#8217;s How</a>
The community itself will also receive a provisional Wildfire Prepared Neighborhood designation, with plans for a final certification once an IBHS evaluation confirms that it meets the necessary standards for wildfire resilience.
These standards include structure separation, fire pathway reduction, and the use of wildfire-resilient building materials.
Jeffrey Mezger, CEO of KB Home, expressed pride in the company&#8217;s innovative approach to wildfire resilience.
He highlighted the importance of both homesite- and neighborhood-level strategies in preventing catastrophic wildfires.
Dixon Trail represents KB Home&#8217;s commitment to offering future homeowners a safer, more resilient living environment, marking another milestone in the company&#8217;s history of pioneering sustainable and disaster-resilient housing solutions.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, KBH stock has lost over 18% in the past year. Investors can gain exposure to the stock via&nbsp;First Trust Exchange-Traded Fund VI First Trust Small Cap BuyWrite Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTKI#NYSE">FTKI</a>).
Price Action: KBH shares are trading lower by 1.87% to $58.10 at last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/government/regulations/25/03/44536670/gold-grinds-higher-wall-street-falls-as-tariff-inflation-combo-hammer-end-of-week-risk-appetite" target="_blank" rel="noreferrer noopener">Gold Grinds Higher, Wall Street Falls As Tariff-Inflation Combo Hammer End-Of-Week Risk Appetite</a></li>
</ul>
Image via Shutterstock.

Movers

General

First Trust Exchange-Traded Fund VI First Trust Small Cap BuyWrite Income ETF

FTKI

What's Going On With KB Home Stock Today?

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Keefe, Bruyette &amp; Woods cut KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) price target from $76 to $65. Keefe, Bruyette &amp; Woods analyst Jade Rahmani maintained a Market Perform rating. KB Home shares closed at $58.57 on Tuesday. <a href="https://www.benzinga.com/quote/KBH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Tigress Financial raised the price target for Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) from $28 to $32. Tigress Financial analyst Ivan Feinseth maintained a Strong Buy rating. Carnival shares closed at $21.26 on Tuesday. <a href="https://www.benzinga.com/quote/CCL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barrington Research boosted WNS (Holdings) Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) price target from $63 to $75. Barrington Research analyst Vincent Colicchio maintained an Outperform rating. WNS shares closed at $64.80 on Tuesday. <a href="https://www.benzinga.com/quote/WNS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush raised the price target for Huron Consulting Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HURN#NASDAQ">HURN</a>) from $150 to $165. Wedbush analyst Daniel Ives maintained an Outperform rating. Huron Consulting shares closed at $145.00 on Tuesday. <a href="https://www.benzinga.com/quote/HURN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup lowered the price target for Kura Sushi USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) from $116 to $71. Citigroup analyst Jon Tower maintained a Neutral rating. Kura Sushi shares closed at $58.58 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/KRUS/analyst-ratings">view this stock</a>.</li>
<li>Guggenheim raised InflaRx N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFRX#NASDAQ">IFRX</a>) price target from $7 to $10. Guggenheim analyst Yatin Suneja maintained a Buy rating. InflaRx shares settled at $1.33 on Tuesday. <a href="https://www.benzinga.com/quote/IFRX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut Pentair plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) price target from $120 to $110. Barclays analyst Julian Mitchell maintained an Overweight rating. Pentair shares closed at $91.20 on Tuesday. <a href="https://www.benzinga.com/quote/PNR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo cut Kimco Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) price target from $24 to $23. Wells Fargo analyst Dori Kesten maintained an Equal-Weight rating. Kimco Realty shares closed at $21.19 on Monday. &nbsp;<a href="https://www.benzinga.com/quote/KIM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna cut the price target for Hub Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) from $55 to $48. Susquehanna analyst Bascome Majors maintained a Positive rating. Hub Group shares settled at $37.72 on Tuesday. <a href="https://www.benzinga.com/quote/HUBG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird cut Core &amp; Main, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) price target from $66 to $65. Baird analyst David Manthey maintained an Outperform rating. Core &amp; Main shares closed at $49.52 on Tuesday. <a href="https://www.benzinga.com/quote/CNM/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/03/44492633/jim-cramer-palantir-is-a-winner-recommends-selling-this-tech-stock">Jim Cramer: Palantir Is A &#8216;Winner,&#8217; Recommends Selling This Tech Stock</a></li>
</ul>
Photo: Shutterstock

HUBG

HURN

IFRX

KRUS

Carnival To Rally Over 50%? Here Are 10 Top Analyst Forecasts For Wednesday

Keefe, Bruyette &amp; Woods analyst Jade Rahmani maintains KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Market Perform and lowers the price target from $76 to $65.

Keefe, Bruyette & Woods Maintains Market Perform on KB Home, Lowers Price Target to $65

Shares of KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) were rising in early trading on Wednesday, after tanking in the previous session on the company's <a href="https://www.benzinga.com/news/earnings/25/03/44465789/kb-home-q1-earnings-revenue-miss-eps-miss-demand-more-muted-than-expected-buyers-responding-favorably-to-value-pivot-and-more">downbeat fiscal first-quarter revenues</a>.
The company is witnessing a softer start to the Spring selling season than in the past few years, according to JPMorgan.
The KB Home Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58f9fdc60bd991000159a4c3/michael-rehaut">Analyst Michael Rehaut</a> reiterated a Neutral rating, while cutting the price target from $74.50 to $68.00.
The KB Home Thesis: Consumer demand has been impacted by "affordability and macro uncertainty, resulting in slower decision making," Rehaut said in the note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
While KB Home witnessed a steep decline in orders in the first quarter, its margins contracted due to a reduction in prices in mid-February to stimulate demand, he added.
Management lowered their full-year housing revenue guidance by 6% and gross margin guide by 90 basis points at the midpoint, the analyst stated.
Although KB Home recorded a "meaningful improvement" in orders during the back half of the first quarter, following the price cuts, builders are likely to face "a less supportive demand/supply backdrop in 2025," he wrote.
KBH Price Action: Shares of KB Home had risen by 1.59% to $59.50 at the time of publication on Wednesday.
Read More:<a href="https://www.benzinga.com/insights/analyst-ratings/25/02/43568843/forecasting-the-future-6-analyst-projections-for-tradeweb-markets"> </a> 
<ul>
<li><a href="https://www.benzinga.com/25/03/44429466/top-5-trending-stocks-nike-quantum-computing-fedex-d-wave-quantum-and-tesla">Top 5 Trending Stocks: Nike, Quantum Computing, Fedex, D-Wave Quantum, And Tesla</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Reiteration

KB Home Saw 'Meaningful Improvement' In Orders After Price Cuts, Analyst Says

Shares of KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) traded lower on Tuesday following the company&#8217;s release of disappointing fiscal first-quarter revenue results after the <a href="https://www.benzinga.com/news/earnings/25/03/44465789/kb-home-q1-earnings-revenue-miss-eps-miss-demand-more-muted-than-expected-buyers-responding-favorably-to-value-pivot-and-more">market closed on Monday.</a>
The company reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
RBC Capital Markets On KB Home
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e3aa3632d37ce00019c9bcf/mike-dahl">Analyst Mike Dahl</a> reiterated a Sector Perform rating, while reducing the price target from $67 to $63.
KB Home reported soft quarterly results, with orders down 17% year-on-year versus its "roughly flat" guidance, Dahl said in a note. While a miss was expected, the magnitude was much higher than feared, he added.
Management cut its full-year gross margin guide to 19.2%-20.0%, from their prior projection of 20%-21%, with the fiscal second-quarter guidance of 19.1%-19.5% coming in below consensus of 20.1%, the analyst stated. The company's guidance could still "prove optimistic in a softer/competitive environment with potential increased cost pressures," he wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Keefe, Bruyette &amp; Woods On KB Home
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584feeb6ee7bf600019078df/jade-rahmani">Analyst Jade Rahmani</a> maintained a Market Perform rating and price target of $76.
KB Home's earnings of $1.49 per share missed consensus of $1.57 per share, with deliveries of 2,770 units declining by a higher-than-expected 9% year-on-year, Rahmani said. The company's fiscal second-quarter guidance implies a midpoint of earnings of $1.45 per share versus estimates of $1.89 per share, he added.
Management lowered their full-year housing revenue from $7.0-$7.5 billion to $6.6-$7.0 billion, average selling prices from $488,000-$498,000 to $480,000-$495,000, and gross margins from 20%-21% to 19.2%-20.0%, the analyst stated. "This implies midpoint EPS of approx. $7.22 vs. our $8.25E," he further wrote.
KBH Price Action: Shares of KB Home were down 3% to $59.91 at the time of publication Tuesday.
Read More:
<ul>
<li><a href="https://www.benzinga.com/25/03/44429466/top-5-trending-stocks-nike-quantum-computing-fedex-d-wave-quantum-and-tesla">Top 5 Trending Stocks: Nike, Quantum Computing, Fedex, D-Wave Quantum, And Tesla</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

KB Home Analyst Says Outlook Could Still 'Prove Optimistic,' While Flagging Cost Pressure Risks

Homebuilders are sounding the alarm on the state of American consumers, as sales depend on increased incentives and <a href="https://www.benzinga.com/news/earnings/25/03/44465789/kb-home-q1-earnings-revenue-miss-eps-miss-demand-more-muted-than-expected-buyers-responding-favorably-to-value-pivot-and-more">lower home prices</a>. 
What To Know: Lennar Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) and KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) each reported disappointing first-quarter financial results in the past week. Both companies pointed to slowing "actionable demand" from homebuyers on earnings calls with analysts. 
Lennar Co-CEO Stuart A. Miller listed several factors contributing to the decrease in homebuyers' demand, including limited funds for down payments, high levels of personal debt, and hard-to-achieve income qualifications for mortgages. 
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"A somewhat confused consumer and wavering consumer confidence have challenged the consumer&#8217;s desire and ability to transact. While there continues to be considerable traffic and customers looking for homes, the urgency to actually transact remains tepid," Miller said on the earnings call.&nbsp;
Miller also raised concerns about new immigration policies and tariffs that could affect the housing industry.&nbsp;
"The housing market has softened as affordability and consumer confidence have limited actionable demand. Incentives have been increasing, and net housing prices seem to be moderating," Miller said, adding that at least housing will not be contributing to current inflationary pressures.&nbsp;
Executives at KB Home gave similar comments on Monday's earnings call after the company lowered its revenue guidance for fiscal 2025 due to softer demand at the start of the spring selling season.
"Consumers are working through affordability concerns and uncertainties related to macroeconomic and geopolitical issues, which are causing them to move slowly in their homebuying decisions," said Jeffrey Mezger, CEO of KB Home.
The company lowered its base prices to align with market conditions and stimulate demand, he explained.
"In mid-February, we took steps to reposition our communities to offer the most compelling value, and buyers responded favorably to these adjustments," Mezger added.
Robert McGibney, COO, added that about half of their communities saw price reductions ranging from $5,000 to $30,000, averaging around $15,000 to $16,000. McGibney noted that Florida was the softest state in terms of sales demand and required more significant pricing adjustments, while less adjustments were needed in the West and Southwest regions.&nbsp;
KBH, LEN Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, both KB Home and Lennar shares are down approximately 30% over the past six months as high home prices and interest rates continue to negatively affect the homebuilders.&nbsp;
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Management

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Homebuilders KB Home, Lennar Cut Prices As Buyer Demand Has 'Slowed Materially'

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>RBC Capital raised Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) price target from $42 to $45. RBC Capital analyst Jonathan Atkin reiterated a Sector Perform rating. Verizon shares closed at $43.56 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/VZ/analyst-ratings">view this stock</a>.</li>
<li>Stephens &amp; Co. cut the price target for Akoya Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKYA#NASDAQ">AKYA</a>) from $3.5 to $1.8. Stephens &amp; Co. analyst Mason Carrico downgraded the stock from Overweight to Equal-Weight. Akoya Biosciences shares closed at $1.67 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/AKYA/analyst-ratings">view this stock</a>.</li>
<li>Morgan Stanley boosted Plains All American Pipeline, L.P. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAA#NASDAQ">PAA</a>) price target from $19 to $23. Morgan Stanley analyst Robert Kad maintained an Equal-Weight rating. Plains All American Pipeline shares closed at $20.17 on Monday. <a href="https://www.benzinga.com/quote/PAA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Scotiabank cut the price target for Quanterix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QTRX#NASDAQ">QTRX</a>) from $28 to $18. Scotiabank analyst Sung Nam maintained a Sector Outperform rating. Quanterix shares closed at $7.19 on Monday. <a href="https://www.benzinga.com/quote/QTRX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson lowered the price target for Rapid7, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) from $35 to $29. DA Davidson analyst Rudy Kessinger maintained a Neutral rating. Rapid7shares closed at $29.70 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/RPD/analyst-ratings">view this stock</a>.</li>
<li>Canaccord Genuity cut Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) price target from $22 to $21. Canaccord Genuity analyst Austin Moeller maintained a Buy rating. Intuitive Machines shares settled at $9.22 on Monday. <a href="https://www.benzinga.com/quote/LUNR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Cantor Fitzgerald cut Artiva Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARTV#NASDAQ">ARTV</a>) price target from $23 to $20. Cantor Fitzgerald analyst Josh Schimmer maintained an Overweight rating. Artiva Biotherapeutics shares closed at $3.91 on Monday. <a href="https://www.benzinga.com/quote/ARTV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) price target from $124 to $129. JP Morgan analyst Kian Abouhossein maintained a Neutral rating. Morgan Stanley shares closed at $124.27 on Monday.  <a href="https://www.benzinga.com/quote/MS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan boosted the price target for The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) from $605 to $625. JP Morgan analyst Kian Abouhossein maintained an Overweight rating. Goldman Sachs shares settled at $580.10 on Monday. <a href="https://www.benzinga.com/quote/GS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) price target from $67 to $62. B of A Securities analyst Rafe Jadrosich maintained a Neutral rating. KB Home shares closed at $61.79 on Monday. <a href="https://www.benzinga.com/quote/kbh/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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RBC Capital analyst Mike Dahl maintains KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Sector Perform and lowers the price target from $67 to $63.

RBC Capital Maintains Sector Perform on KB Home, Lowers Price Target to $63

Wedbush analyst Jay McCanless reiterates KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Neutral and maintains $75 price target.

Wedbush Reiterates Neutral on KB Home, Maintains $75 Price Target

Barclays analyst Matthew Bouley maintains KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Equal-Weight and lowers the price target from $60 to $56.

Barclays Maintains Equal-Weight on KB Home, Lowers Price Target to $56

Wells Fargo analyst Sam Reid maintains KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Underweight and lowers the price target from $63 to $57.

Wells Fargo Maintains Underweight on KB Home, Lowers Price Target to $57

UBS analyst John Lovallo maintains KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Buy and lowers the price target from $97 to $86.

UBS Maintains Buy on KB Home, Lowers Price Target to $86

B of A Securities analyst Rafe Jadrosich maintains KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) with a Neutral and lowers the price target from $67 to $62.

B of A Securities Maintains Neutral on KB Home, Lowers Price Target to $62

KB Home shares are trading lower after the company reported worse-than-expected Q1 EPS and sales.

U.S. stock futures were mixed this morning, with the S&amp;P 500 futures gaining around 0.1% on Tuesday.
Shares of KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) fell sharply in today's pre-market trading as the company reported weaker-than-expected first-quarter results after the <a href="https://in.benzinga.com/news/earnings/25/03/44465789/kb-home-q1-earnings-revenue-miss-eps-miss-demand-more-muted-than-expected-buyers-responding-favorably-to-value-pivot-and-more">closing bell on Monday</a>.
KB Home reported first-quarter revenue of $1.39 billion, missing analyst estimates of $1.50 billion. The U.S. homebuilder reported first-quarter earnings of $1.49 per share, missing analyst estimates of $1.59 per share, according to Benzinga Pro.
KB Home said it expects full-year 2025 housing revenue to be in the range of $6.6 billion to $7 billion. The company anticipates 2025 average selling prices of $480,000 to $495,000..
KB Home shares dipped 8% to $56.85 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) shares dipped 12.3% to $7.20 in pre-market trading.</li>
<li>UniFirst Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) shares declined 10.2% to $177.48 in pre-market trading after Cintas announced an end to discussions regarding its acquisition proposal of the company.</li>
<li>Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) shares fell 9.1% to $37.26 in pre-market trading.</li>
<li>Lotus Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) fell 8.7% to $2.00 in pre-market trading.</li>
<li>Oklo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NASDAQ">OKLO</a>) declined 7.4% to $28.61 in pre-market trading after the company reported a year-over-year decrease in FY24 EPS results.</li>
<li>Metsera, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSR#NASDAQ">MTSR</a>) fell 6.8% to $28.02 in pre-market trading.</li>
<li>China Yuchai International Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYD#NYSE">CYD</a>) fell 6.8% to $17.80 in pre-market trading.</li>
<li>Qifu Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) slipped 3.9% to $42.74 in pre-market trading as the company announced a proposed offering of $600 million cash-par settled convertible senior notes.</li>
</ul>
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KB Home Posts Downbeat Results, Joins UniFirst, Oklo And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Mullen Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares moved upwards by 39.4% to $0.36 during Tuesday's pre-market session. The market value of their outstanding shares is at $1.3 million. </li>
<li>Mobileye Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares increased by 13.04% to $17.25. The company's market cap stands at $14.0 billion. </li>
<li>Faraday Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFAI#NASDAQ">FFAI</a>) stock rose 12.31% to $1.55. The company's market cap stands at $70.2 million. </li>
<li>Birks Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BGI#AMEX">BGI</a>) stock moved upwards by 10.61% to $1.25. The market value of their outstanding shares is at $23.9 million. </li>
<li>China Liberal Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLEU#NASDAQ">CLEU</a>) shares increased by 10.37% to $2.34. The market value of their outstanding shares is at $630.2 million. </li>
<li>Golden Heaven Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDHG#NASDAQ">GDHG</a>) shares moved upwards by 9.69% to $2.15. The company's market cap stands at $74.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Viomi Technology Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIOT#NASDAQ">VIOT</a>) shares declined by 11.3% to $2.11 during Tuesday's pre-market session. The market value of their outstanding shares is at $143.9 million. As per the news, the FY earnings report came out today. </li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) stock declined by 7.71% to $57.03. The market value of their outstanding shares is at $4.1 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Linkage Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) stock declined by 7.28% to $0.17. The company's market cap stands at $5.1 million. </li>
<li>U Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) shares declined by 6.52% to $2.44. The market value of their outstanding shares is at $10.3 million. </li>
<li>Boot Barn Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOOT#NYSE">BOOT</a>) stock decreased by 5.67% to $106.0. The market value of their outstanding shares is at $3.2 billion. </li>
<li>Tile Shop Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTSH#NASDAQ">TTSH</a>) shares fell 5.4% to $6.31. The company's market cap stands at $281.7 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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