KBH trades 24.3% below Wall Street's consensus target of $58.60.
Last 12 months price action with 12-month analyst target path
The base valuation assumes KBH achieves its forward estimates and maintains a stable P/E multiple of 14.2x. This scenario reflects the blended consensus of 44 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, KB Home (KBH) has a Wall Street consensus price target of $58.60, based on estimates from 44 covering analysts. With the stock currently trading at $47.15, this represents a potential upside of +24.3%. The company has a market capitalization of $2.95B.
Analyst price targets range from a low of $50.00 to a high of $66.00, representing a 27% spread in expectations. The median target of $57.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 10 analysts rating the stock as a Buy or Strong Buy,28 rating it Hold, and 6 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, KBH trades at a trailing P/E of 7.7x and forward P/E of 14.2x. The forward PEG ratio of 0.98 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -23.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $63.19, with bear and bull scenarios of $39.81 and $83.25 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DHID.R. Horton, Inc. | $39.2B | $140.17 | $160.00 | +14.1% | Hold | 13.4x | 53 |
 LENLennar Corporation | $20.2B | $81.52 | $79.86 | -2.0% | Buy | 14.9x | 50 |
 PHMPulteGroup, Inc. | $22.9B | $118.71 | $143.86 | +21.2% | Hold | 11.7x | 44 |
 TOLToll Brothers, Inc. | $12.6B | $135.29 | $167.67 | +23.9% | Buy | 10.6x | 46 |
 NVRNVR, Inc. | $16.9B | $6246.31 | $7148.67 | +14.4% | Buy | 17.3x | 25 |
 MHOM/I Homes, Inc. | $3.6B | $137.77 | $172.00 | +24.8% | Hold | 11.4x | 10 |
 TPHTri Pointe Homes, Inc. | $4.0B | $46.96 | $39.67 | -15.5% | Hold | 24.5x | 22 |
 TMHCTaylor Morrison Home Corporation | $7.1B | $72.45 | $73.50 | +1.4% | Hold | 13.7x | 31 |
 SKYChampion Homes, Inc. | $4.7B | $85.46 | $107.67 | +26.0% | Buy | 22.7x | 9 |
 CVCOCavco Industries, Inc. | $4.2B | $541.84 | $700.00 | +29.2% | Buy | 22.7x | 2 |
Quick answers to the most common questions about buying KBH stock.
The consensus Wall Street price target for KBH is $58.6, representing 24.3% upside from the current price of $47.15. With 44 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
KBH has a consensus rating of "Hold" based on 44 Wall Street analysts. The rating breakdown is mixed, with 28 Hold ratings making up the largest segment. The consensus 12-month price target of $58.6 implies 24.3% upside from current levels.
With a forward P/E of 14.2232x, KBH trades at a relatively low valuation. The consensus target of $58.6 implies 24.3% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $66 for KBH, while the most conservative target is $50. The consensus of $58.6 represents the median expectation. Our quantitative valuation model projects a bull case target of $83 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
KBH is heavily covered by Wall Street, with 44 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 9 have Buy ratings, 28 recommend Hold, and 6 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month KBH stock forecast based on 44 Wall Street analysts shows a consensus price target of $58.6, with estimates ranging from $50 (bear case) to $66 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $63, with bear/bull scenarios of $40/$83.
Our quantitative valuation model calculates KBH's fair value at $63 (base case), with a bear case of $40 and bull case of $83. 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 45/100.
KBH trades at a forward P/E ratio of 14.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 7.7x. 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.
Wall Street analysts are very optimistic on KBH, with a "Hold" consensus rating and $58.6 price target (24.3% upside). 10 of 44 analysts rate it Buy or Strong Buy. 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.
KBH analyst price targets range from $50 to $66, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $58.6 consensus represents the middle ground. Our model's $40-$83 range provides an independent fundamental perspective.
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