Forestar Group Inc. (FOR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$27.26
Price Target
$28.38
Target Range
$13.50 — $40.00
Analyst Rating
Buy
Forward P/E9.2x
Trailing P/E8.3x
Forward PEG0.44
Implied Growth-9.9%
Median Target$30.00
Analyst Spread93.4%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$14
-50.5%
Consensus
$28
+4.1%
Bull Case
$40
+46.7%
Valuation Model TargetsConfidence: 34/100
Bear$14
Base$34
Bull$305
FOR Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Forestar Group Inc. (FOR) has a Wall Street consensus price target of $28.38, based on estimates from 12 covering analysts. With the stock currently trading at $27.26, this represents a potential upside of +4.1%. The company has a market capitalization of $1.39B.
Analyst price targets range from a low of $13.50 to a high of $40.00, representing a 93% spread in expectations. The median target of $30.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 10 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, FOR trades at a trailing P/E of 8.3x and forward P/E of 9.2x. The forward PEG ratio of 0.44 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -9.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $33.54, with bear and bull scenarios of $13.57 and $305.36 respectively. Model confidence stands at 34/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+30.2%
Avg Forward P/E15.0x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 LGIHLGI Homes, Inc. | $1.1B | $46.29 | $88.80 | +91.8% | Buy | 16.6x | 13 |
 GRBKGreen Brick Partners, Inc. | $2.8B | $65.68 | — | — | Hold | 11.0x | 11 |
 TMHCTaylor Morrison Home Corporation | $5.6B | $59.47 | $73.75 | +24.0% | Buy | 11.2x | 30 |
 SKYChampion Homes, Inc. | $4.1B | $73.28 | $106.00 | +44.7% | Buy | 19.4x | 8 |
 DHID.R. Horton, Inc. | $42.3B | $145.97 | $163.86 | +12.3% | Hold | 13.7x | 52 |
 LENLennar Corporation | $18.9B | $87.74 | $102.14 | +16.4% | Buy | 14.2x | 50 |
 PHMPulteGroup, Inc. | $22.5B | $116.88 | $141.22 | +20.8% | Hold | 11.7x | 44 |
 TOLToll Brothers, Inc. | $13.0B | $137.07 | $166.75 | +21.6% | Hold | 10.7x | 46 |
 MHOM/I Homes, Inc. | $3.4B | $130.01 | $165.00 | +26.9% | Hold | 9.9x | 10 |
 VMCVulcan Materials Company | $37.5B | $288.93 | $327.00 | +13.2% | Buy | 31.4x | 36 |
Upside Potential Comparison
LGIHSKYMHOTMHCTOLPHMLENVMCSee FOR's True Return
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Start ComparisonFOR — Frequently Asked Questions
Quick answers to the most common questions about buying FOR stock.
What is the FOR stock price target for 2026?
The consensus price target for FOR is $28.38, close to the current price of $27.26 (4.1% implied move). Based on 12 analyst estimates, the stock appears fairly valued near current levels.
Is FOR a buy, sell, or hold?
FOR has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 10 Buy/Strong Buy ratings. The consensus 12-month price target of $28.38 implies 4.1% upside from current levels.
Is FOR stock overvalued or undervalued?
With a forward P/E of 9.2154x, FOR trades at a relatively low valuation. The consensus target of $28.38 implies 4.1% appreciation, suggesting the market may be pricing in risks.
How high can FOR stock go?
The most bullish Wall Street analyst has a price target of $40 for FOR, while the most conservative target is $13.5. The consensus of $28.38 represents the median expectation. Our quantitative valuation model projects a bull case target of $305 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover FOR stock?
FOR is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FOR stock forecast?
The 12-month FOR stock forecast based on 12 Wall Street analysts shows a consensus price target of $28.38, with estimates ranging from $13.5 (bear case) to $40 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $34, with bear/bull scenarios of $14/$305.
What is FOR's fair value based on fundamentals?
Our quantitative valuation model calculates FOR's fair value at $34 (base case), with a bear case of $14 and bull case of $305. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 34/100.
What is FOR's forward P/E ratio?
FOR trades at a forward P/E ratio of 9.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.3x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FOR stock?
FOR appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $28.38 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do FOR price targets vary so much?
FOR analyst price targets range from $13.5 to $40, a 93% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $28.38 consensus represents the middle ground. Our model's $14-$305 range provides an independent fundamental perspective.