KB Home (NYSE:KBH) Stock Gets Price Target Trim from Morgan Stanley

Posted by George Bondi on Nov 3rd, 2026

KB Home (NYSE:KBH – Get Free Report) had its price objective lowered by Morgan Stanley from $39.00 to $37.00 in a report issued on Tuesday, Benzinga reports. The firm currently has an “underweight” rating on the construction company’s stock. Morgan Stanley‘s target price suggests a potential downside of 24.55% from the company’s previous close.

Other analysts have also issued research reports about the stock. Melius Research began coverage on shares of KB Home in a research note on Tuesday, October 6th. They issued a “sell” rating and a $43.00 price objective on the stock. Wells Fargo & Company decreased their price objective on shares of KB Home from $50.00 to $42.00 and set an “underweight” rating for the company in a research report on Friday, October 16th. Keefe, Bruyette & Woods dropped their target price on KB Home from $65.00 to $54.00 and set a “market perform” rating on the stock in a research report on Monday, October 5th. Evercore set a $59.00 price target on KB Home in a research report on Wednesday, September 23rd. Finally, Barclays reduced their target price on KB Home from $57.00 to $49.00 and set an “overweight” rating for the company in a research note on Wednesday, September 23rd. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $52.08.

Get Our Latest Analysis on KB Home

KB Home Stock Down 3.2%

KBH stock traded down $1.62 during trading on Tuesday, hitting $49.04. The company had a trading volume of 270,418 shares, compared to its average volume of 1,239,803. The firm has a market capitalization of $2.98 billion, a P/E ratio of 13.80, a PEG ratio of 2.39 and a beta of 1.34. KB Home has a 52-week low of $40.92 and a 52-week high of $67.57. The company has a 50 day simple moving average of $47.93 and a 200-day simple moving average of $53.69.

KB Home (NYSE:KBH – Get Free Report) last released its quarterly earnings data on Tuesday, September 22nd. The construction company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.17. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.30 billion. KB Home had a net margin of 4.39% and a return on equity of 6.56%. The company’s quarterly revenue was down 20.0% on a year-over-year basis. During the same period last year, the firm earned $1.61 earnings per share. Sell-side analysts forecast that KB Home will post 3.26 earnings per share for the current year.

Insider Buying and Selling at KB Home

In related news, Director Arthur Collins sold 4,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $56.96, for a total transaction of $227,840.00. Following the completion of the transaction, the director directly owned 9,157 shares in the company, valued at $521,582.72. This trade represents a 30.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Albert Z. Praw sold 22,015 shares of KB Home stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $58.70, for a total value of $1,292,280.50. Following the completion of the transaction, the executive vice president directly owned 104,062 shares of the company’s stock, valued at approximately $6,108,439.40. This represents a 17.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.69% of the stock is currently owned by insiders.

Institutional Trading of KB Home

Several hedge funds have recently made changes to their positions in the business. State of Wyoming grew its holdings in shares of KB Home by 9.7% in the third quarter. State of Wyoming now owns 9,472 shares of the construction company’s stock valued at $440,000 after purchasing an additional 836 shares in the last quarter. Signaturefd LLC increased its stake in KB Home by 3.3% during the 3rd quarter. Signaturefd LLC now owns 9,476 shares of the construction company’s stock worth $440,000 after buying an additional 305 shares during the period. Inspire Investing LLC lifted its holdings in KB Home by 24.8% during the 3rd quarter. Inspire Investing LLC now owns 13,578 shares of the construction company’s stock worth $631,000 after buying an additional 2,697 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in KB Home by 49.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,503 shares of the construction company’s stock worth $163,000 after buying an additional 1,158 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in KB Home during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 96.09% of the company’s stock.

About KB Home

(Get Free Report)

KB Home (NYSE: KBH) is a homebuilder that develops and constructs residential communities across the United States. The company primarily builds single-family homes, along with certain attached homes and townhomes, serving first-time, move-up and active-adult buyers.

KB Home offers a range of home designs, floor plans and personalization options, allowing buyers to select features and finishes during the construction process. Its activities generally include land acquisition and development, home construction, sales and customer support, with homes built in both suburban and urban communities.

Founded in 1957, KB Home operates in markets across Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.