KB Home (KBH) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$49.67
Price Target
$62.57
Target Range
$54.00 — $71.00
Analyst Rating
Hold
Forward P/E15.2x
Trailing P/E8.1x
Forward PEG1.05
Implied Growth-50.4%
Median Target$65.00
Analyst Spread27.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$54
+8.7%
Consensus
$63
+26.0%
Bull Case
$71
+42.9%
Valuation Model TargetsConfidence: 52/100
Bear$23
Base$50
Bull$152
KBH Price Target Analysis
Updated May 6, 2026As of May 6, 2026, KB Home (KBH) has a Wall Street consensus price target of $62.57, based on estimates from 43 covering analysts. With the stock currently trading at $49.67, this represents a potential upside of +26.0%. The company has a market capitalization of $3.14B.
Analyst price targets range from a low of $54.00 to a high of $71.00, representing a 27% spread in expectations. The median target of $65.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 9 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 8.1x and forward P/E of 15.2x. The forward PEG ratio of 1.05 indicates reasonable valuation for growth. Analysts expect EPS to grow -50.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $49.83, with bear and bull scenarios of $23.15 and $151.92 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
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 Consumer Cyclical stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+16.3%
Avg Forward P/E15.5x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DHID.R. Horton, Inc. | $43.2B | $149.17 | $163.86 | +9.8% | Hold | 14.0x | 52 |
 LENLennar Corporation | $19.5B | $90.54 | $102.14 | +12.8% | Buy | 14.7x | 50 |
 PHMPulteGroup, Inc. | $23.1B | $120.10 | $141.22 | +17.6% | Hold | 12.0x | 44 |
 TOLToll Brothers, Inc. | $13.4B | $141.60 | $166.75 | +17.8% | Hold | 11.1x | 46 |
 NVRNVR, Inc. | $16.9B | $6091.97 | $7465.33 | +22.5% | Buy | 16.9x | 24 |
 MHOM/I Homes, Inc. | $3.4B | $131.67 | $165.00 | +25.3% | Hold | 10.0x | 10 |
 TPHTri Pointe Homes, Inc. | $4.0B | $46.95 | $47.00 | +0.1% | Hold | 23.3x | 22 |
 TMHCTaylor Morrison Home Corporation | $5.6B | $60.35 | $73.75 | +22.2% | Buy | 11.4x | 30 |
 SKYChampion Homes, Inc. | $4.2B | $75.92 | $106.00 | +39.6% | Buy | 20.1x | 8 |
 CVCOCavco Industries, Inc. | $4.7B | $500.33 | $475.00 | -5.1% | Buy | 21.0x | 2 |
Upside Potential Comparison
SKYMHONVRTMHCTOLPHMLENDHISee KBH's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs KBH Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare KBH vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonKBH — Frequently Asked Questions
Quick answers to the most common questions about buying KBH stock.
What is the KBH stock price target for 2026?
The consensus Wall Street price target for KBH is $62.57, representing 26.0% upside from the current price of $49.67. With 43 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is KBH a buy, sell, or hold?
KBH has a consensus rating of "Hold" based on 43 Wall Street analysts. The rating breakdown is mixed, with 28 Hold ratings making up the largest segment. The consensus 12-month price target of $62.57 implies 26.0% upside from current levels.
Is KBH stock overvalued or undervalued?
With a forward P/E of 15.1808x, KBH trades at a relatively low valuation. The consensus target of $62.57 implies 26.0% appreciation, suggesting meaningful undervaluation.
How high can KBH stock go?
The most bullish Wall Street analyst has a price target of $71 for KBH, while the most conservative target is $54. The consensus of $62.57 represents the median expectation. Our quantitative valuation model projects a bull case target of $152 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover KBH stock?
KBH is heavily covered by Wall Street, with 43 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 8 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.
What is the KBH stock forecast?
The 12-month KBH stock forecast based on 43 Wall Street analysts shows a consensus price target of $62.57, with estimates ranging from $54 (bear case) to $71 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $50, with bear/bull scenarios of $23/$152.
What is KBH's fair value based on fundamentals?
Our quantitative valuation model calculates KBH's fair value at $50 (base case), with a bear case of $23 and bull case of $152. 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 52/100.
What is KBH's forward P/E ratio?
KBH trades at a forward P/E ratio of 15.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.1x. 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 KBH stock?
Wall Street analysts are very optimistic on KBH, with a "Hold" consensus rating and $62.57 price target (26.0% upside). 9 of 43 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.
Why do KBH price targets vary so much?
KBH analyst price targets range from $54 to $71, 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 $62.57 consensus represents the middle ground. Our model's $23-$152 range provides an independent fundamental perspective.