LEN trades 0.6% above Wall Street's consensus target of $89.17.
Last 12 months price action with 12-month analyst target path
The base valuation assumes LEN achieves its forward estimates and maintains a stable P/E multiple of 15.8x. This scenario reflects the blended consensus of 50 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, Lennar Corporation (LEN) has a Wall Street consensus price target of $89.17, based on estimates from 50 covering analysts. With the stock currently trading at $89.73, this represents a potential downside of -0.6%. The company has a market capitalization of $22.28B.
Analyst price targets range from a low of $67.00 to a high of $125.00, representing a 65% spread in expectations. The median target of $85.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 23 analysts rating the stock as a Buy or Strong Buy,18 rating it Hold, and 9 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, LEN trades at a trailing P/E of 11.2x and forward P/E of 15.8x. The forward PEG ratio of 48.15 reflects a premium valuation. Analysts expect EPS to grow -22.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $122.83, with bear and bull scenarios of $77.38 and $161.84 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
DHID.R. Horton, Inc. | $45.7B | $157.81 | $163.86 | +3.8% | Hold | 14.9x | 52 |
PHMPulteGroup, Inc. | $24.4B | $126.96 | $144.50 | +13.8% | Hold | 12.7x | 44 |
NVRNVR, Inc. | $18.0B | $6490.93 | $7465.33 | +15.0% | Buy | 18.0x | 24 |
TOLToll Brothers, Inc. | $14.7B | $155.67 | $173.88 | +11.7% | Hold | 12.2x | 46 |
MHOM/I Homes, Inc. | $3.8B | $149.09 | $165.00 | +10.7% | Hold | 11.3x | 10 |
KBHKB Home | $3.4B | $54.20 | $60.43 | +11.5% | Hold | 16.9x | 43 |
TPHTri Pointe Homes, Inc. | $4.0B | $46.96 | $47.00 | +0.1% | Hold | 24.5x | 22 |
TMHCTaylor Morrison Home Corporation | $6.7B | $71.58 | $72.75 | +1.6% | Buy | 13.5x | 31 |
SKYChampion Homes, Inc. | $4.6B | $83.34 | $93.00 | +11.6% | Buy | 22.1x | 8 |
CVCOCavco Industries, Inc. | $4.6B | $601.51 | $700.00 | +16.4% | Buy | 25.2x | 2 |
Quick answers to the most common questions about buying LEN stock.
Wall Street's consensus price target for LEN is $89.17, -0.6% from its current price of $89.73. The below-market target from 50 analysts suggests limited near-term appreciation.
LEN has a consensus rating of "Buy" based on 50 Wall Street analysts. The rating breakdown is mixed, with 18 Hold ratings making up the largest segment. The consensus 12-month price target of $89.17 implies -0.6% downside from current levels.
With a forward P/E of 15.8405x, LEN trades at a relatively low valuation. The consensus target of $89.17 implies -0.6% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $125 for LEN, while the most conservative target is $67. The consensus of $89.17 represents the median expectation. Our quantitative valuation model projects a bull case target of $162 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
LEN is heavily covered by Wall Street, with 50 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 23 have Buy ratings, 18 recommend Hold, and 9 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month LEN stock forecast based on 50 Wall Street analysts shows a consensus price target of $89.17, with estimates ranging from $67 (bear case) to $125 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $123, with bear/bull scenarios of $77/$162.
Our quantitative valuation model calculates LEN's fair value at $123 (base case), with a bear case of $77 and bull case of $162. 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 42/100.
LEN trades at a forward P/E ratio of 15.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 11.2x. 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.
Analysts are cautious on LEN, with 9 Sell ratings and a price target of $89.17 (-0.6% from current price). The "Buy" consensus suggests careful evaluation before buying. 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.
LEN analyst price targets range from $67 to $125, a 65% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $89.17 consensus represents the middle ground. Our model's $77-$162 range provides an independent fundamental perspective.
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