KB Home (NYSE:KBH) Given New $56.00 Price Target at Bank of America

KB Home (NYSE:KBH) had its price objective cut by analysts at Bank of America from $63.00 to $56.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the construction company’s stock. Bank of America‘s target price would suggest a potential upside of 5.60% from the stock’s previous close.

Several other research analysts have also recently weighed in on KBH. Zacks Research cut shares of KB Home from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 23rd. Wells Fargo & Company cut their price objective on shares of KB Home from $60.00 to $55.00 and set an “underweight” rating on the stock in a research report on Friday, December 19th. Royal Bank Of Canada reduced their target price on shares of KB Home from $59.00 to $54.00 and set a “sector perform” rating for the company in a research note on Friday, December 19th. Barclays lowered their target price on KB Home from $71.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, December 22nd. Finally, JPMorgan Chase & Co. dropped their price target on KB Home from $71.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $62.92.

KB Home Trading Down 0.3%

NYSE KBH opened at $53.03 on Wednesday. KB Home has a 12 month low of $48.90 and a 12 month high of $68.71. The stock has a 50-day simple moving average of $59.74 and a 200 day simple moving average of $61.07. The company has a current ratio of 5.77, a quick ratio of 0.53 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $3.35 billion, a PE ratio of 10.80, a P/E/G ratio of 7.07 and a beta of 1.47.

KB Home (NYSE:KBH) last posted its earnings results on Tuesday, March 24th. The construction company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.01). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. KB Home had a return on equity of 11.40% and a net margin of 6.88%.The company’s revenue for the quarter was down 22.6% on a year-over-year basis. During the same quarter last year, the business posted $1.49 earnings per share. Research analysts forecast that KB Home will post 8.42 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KBH. First Horizon Corp increased its holdings in shares of KB Home by 178.9% in the fourth quarter. First Horizon Corp now owns 502 shares of the construction company’s stock valued at $28,000 after purchasing an additional 322 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of KB Home by 73.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 592 shares of the construction company’s stock worth $33,000 after buying an additional 250 shares during the last quarter. Fulcrum Asset Management LLP acquired a new stake in shares of KB Home during the 3rd quarter worth about $36,000. Jones Financial Companies Lllp boosted its holdings in shares of KB Home by 44.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 781 shares of the construction company’s stock worth $49,000 after buying an additional 240 shares during the period. Finally, Aventura Private Wealth LLC acquired a new position in KB Home in the 4th quarter valued at about $46,000. 96.09% of the stock is owned by institutional investors and hedge funds.

KB Home News Roundup

Here are the key news stories impacting KB Home this week:

• Positive Sentiment: Citizens / JMP initiated coverage with a Market Outperform and $77 price target, a bullish call that signals a sizable upside vs. current levels and may attract buyers. Citizens Initiates Coverage of KB Home (KBH) with Market Outperform Recommendation
• Positive Sentiment: KBH outlined a move to ~70% built-to-order deliveries to improve H2 2026 margins — a strategic execution shift that could lift future profitability if demand stabilizes. Kb Home outlines shift to 70-percent built-to-order deliveries
• Positive Sentiment: KB Home repurchased $50 million of common stock in Q1, indicating management support for the share price and returning capital to shareholders. KB HOME REPORTS 2026 FIRST QUARTER RESULTS
• Neutral Sentiment: Some outlets note Q1 EPS of $0.52 was effectively in line with certain consensus estimates (small beat/miss debate among services), so headline earnings weren’t dramatically off consensus for all models. KB Home (KBH) Q1 Earnings Meet Estimates
• Neutral Sentiment: Management held an earnings call and provided slides/colour on order trends and execution; these materials offer detail for investors weighing whether the build-to-order pivot and backlog metrics offset softer demand. KB Home (KBH) Q1 2026 Earnings Call Highlights
• Negative Sentiment: Q1 revenue fell ~23% YoY to $1.08B and EPS $0.52 missed/was marginally below some consensus; weaker top-line performance increases near-term growth concerns. KBH Earnings: KB Homes’ Financial Results Miss Wall Street Targets Across the Board
• Negative Sentiment: KB Home cut full-year housing revenue guidance to $4.80B–$5.50B and cited geopolitical (Middle East) uncertainty dampening buyer confidence — a direct driver of the stock decline. KB Home Cuts Guidance as Middle East Instability Adds to Homebuyers’ Caution
• Negative Sentiment: Several sell-side firms reacted: Bank of America kept a Hold and cut its PT to $56, and Wells Fargo reiterated a Sell while cutting its PT to $50 — analyst downgrades/lower targets increase selling pressure. KB Home: Near-Term Headwinds Temper Outlook (BofA) KB Home: Sell Rating (Wells Fargo)

About KB Home

KB Home is an American homebuilding company headquartered in Los Angeles, California. Founded in 1957, it was among the first homebuilders to go public, offering investors access to one of the nation’s largest residential construction platforms. The company is structured to serve a broad spectrum of homebuyers, with a particular focus on first-time, first move-up and active adult segments. As a public company trading on the New York Stock Exchange under the symbol KBH, KB Home draws on decades of experience in land acquisition, construction and community planning.

At its core, KB Home designs and constructs single-family detached and attached homes, townhomes and condominium units.