Barclays has revised its price target for D.R. Horton (DHI, Financial), reducing it from $120 to $110 while maintaining an Equal Weight rating on the stock. This adjustment follows the company's recent earnings report, which did not exceed already modest expectations.
The decision to lower the target reflects ongoing difficulties in the market, including rising incentives and inconsistent demand. Additionally, the company faces persistent challenges related to tariffs and inflation, which continue to pose threats to its performance. Despite the revision, these factors were anticipated and have not drastically altered the firm's outlook for D.R. Horton.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for D.R. Horton Inc (DHI, Financial) is $156.08 with a high estimate of $220.00 and a low estimate of $105.00. The average target implies an upside of 28.73% from the current price of $121.25. More detailed estimate data can be found on the D.R. Horton Inc (DHI) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, D.R. Horton Inc's (DHI, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for D.R. Horton Inc (DHI, Financial) in one year is $137.09, suggesting a upside of 13.06% from the current price of $121.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the D.R. Horton Inc (DHI) Summary page.
