SoFi shares rise as record revenue, member growth drive strong Q3 results
Investing.com - RBC Capital has raised its price target on KB Home (NYSE:KBH) to $59.00 from $58.00 while maintaining a Sector Perform rating on the homebuilder’s stock. KB Home currently trades at $63.64, with a P/E ratio of 8.2x and an overall Financial Health score of "Fair" according to InvestingPro analysis.
The firm cited a 3% increase in its fiscal year 2026 earnings per share estimate for KB Home, despite lowering its projections for orders and homebuilding revenue.
RBC Capital noted that aggressive fixed cost reductions and share buybacks are helping to offset near-term challenges in KB Home’s business.
The analyst highlighted "tepid demand" as a continuing issue for the homebuilder, along with management’s focus on shifting mix back to build-to-order against an elevated spec position.
RBC maintained its Sector Perform rating on KB Home shares, describing the risk/reward as "balanced" with ongoing macro and demand risks offset by the stock’s relative valuation.
In other recent news, KB Home reported its financial results for the third quarter of 2025, exceeding Wall Street expectations. The company achieved an earnings per share (EPS) of $1.61, surpassing the forecast of $1.50. Additionally, KB Home’s revenue reached $1.62 billion, slightly above the anticipated $1.59 billion. These financial results highlight the company’s strong performance in the recent quarter. Despite the positive earnings and revenue figures, the stock experienced minor fluctuations in trading. The company’s stock showed a slight decline of 0.04% during regular trading hours but saw a marginal increase of 0.16% in aftermarket trading. These developments reflect KB Home’s ability to outperform market expectations while maintaining steady stock performance.
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