Evercore cuts target for D.R. Horton stock to USD 166.00

Published on 10/02/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BTIG cut its target from USD 184.00 to USD 174.00 on September 22, 2026. D.R. Horton stock costs EUR 122.53 on October 2, 2026 after EUR 121.65.

Bauhaus-Grafikposter mit geometrischen Formen und HOUSING-Schriftzug in Blau-Rot-Beige — D.R. Horton Inc. US23331A1097 Bauhaus-Poster mit geometrischer Haussilhouette und HOUSING-Schriftzug in Blau-Rot-Beige, Illustration mit AI erstellt.

D.R. Horton (ISIN US23331A1097) was trading at EUR 122.53 at Lang & Schwarz on October 2, 2026 at 12:18 p.m. CEST, up 0.72 percent versus the prior close of EUR 121.65. The latest analyst reset came from Evercore ISI, which cut its target from USD 177.00 to USD 166.00 on September 25, 2026, according to Yahoo Finance.

Analysts trim housing targets

Evercore kept an In Line rating while lowering its target by USD 11.00, a 6.21 percent reduction from USD 177.00. The move followed a series of cautious revisions as affordability pressure and mortgage costs weighed on demand expectations.

BTIG also retained a Buy rating but cut its target from USD 184.00 to USD 174.00 on September 22, 2026, according to Markets Insider. Its note reduced fiscal 2026 and fiscal 2027 earnings-per-share estimates by an average of 5.00 percent and 24.00 percent, respectively.

Quarterly earnings beat estimates

D.R. Horton reported USD 9.23 billion of revenue and USD 3.20 of diluted earnings per share for the fiscal third quarter ended June 30, 2026. Revenue exceeded the USD 9.10 billion consensus, while earnings per share topped the USD 3.02 estimate, according to Yahoo Finance.

The quarterly numbers show the tension in the homebuilder's outlook: revenue was essentially flat year over year, while diluted earnings per share fell from USD 3.36 in the year-earlier quarter. That combination helps explain why analysts are placing greater weight on margins, incentives and the next demand signal rather than on the earnings beat alone.

Results date sets the next test

D.R. Horton will release fourth-quarter and fiscal-year results for the period ended September 30, 2026, before the market opens on October 29, 2026. The company confirmed the date in an investor-relations release dated September 10, 2026, available from D.R. Horton.

The scheduled report will give investors a fresh read on home closings, sales incentives and profitability after the latest target reductions. The company operates in residential construction and also provides mortgage financing, title services and insurance-related services.

Stock remains below yearly high

D.R. Horton had a market capitalization of USD 38.3 billion as of October 1, 2026. Its primary-exchange 52-week range was USD 131.75 to USD 176.22, leaving the Lang & Schwarz euro quote as a separate German trading reference rather than a direct comparison with the US dollar range.

At Lang & Schwarz, the stock was trading at EUR 122.53 on October 2, 2026 at 12:18 p.m. CEST, plus 0.72 percent versus the prior close of EUR 121.65. The further course of trading is shown by the continuously updated real-time quote of D.R. Horton stock.