Citi cuts PulteGroup stock target from USD 134.00 to USD 122.00

Published on 10/17/2026 at 21:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for October 22, 2026 before the market opens. PulteGroup stock closed at USD 113.55 on October 16, 2026, up 0.50 percent versus USD 112.99.

Citi target cut and results

Anthony Pettinari of Citi lowered the target from USD 134.00 to USD 122.00 on October 15, 2026.
The October 22, 2026 report is expected before the market opens.
PulteGroup stock closed at USD 113.55 on October 16, 2026 at 4:10 p.m. EDT, plus 0.50 percent versus USD 112.99.
PulteGroup's P/E ratio was 11.66.

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On October 15, 2026, Citi analyst Anthony Pettinari lowered the PulteGroup target from USD 134.00 to USD 122.00 and kept a Neutral rating, as Markets Insider reported. The new target stands 7.44 percent above PulteGroup's USD 113.55 closing price. PulteGroup stock closed at USD 113.55 on the NYSE on October 16, 2026 at 4:10 p.m. EDT, up 0.50 percent from USD 112.99.

October 22 results set

MarketBeat lists PulteGroup's third-quarter 2026 results for October 22, 2026 before the market opens, with the conference call scheduled for 8:30 a.m. ET. Its consensus view calls for USD 2.65 in earnings per share and USD 4.15 billion in revenue, against USD 2.96 and USD 4.40 billion in the year-earlier quarter.

USD 21.6 billion market value

The stock finished October 16, 2026 at USD 113.55, inside a 52-week range of USD 107.16 to USD 144.50. That leaves PulteGroup 21.42 percent below its 52-week high. Year to date, the stock was down 4.60 percent, while volume reached 2,160,742 shares against a 1,663,510-share average.

Valuation and the next date

PulteGroup carried a market capitalization of USD 21.6 billion, a P/E ratio of 11.66 and a dividend yield of 1.00 percent on October 16, 2026. The October 22 results date gives the market a defined point for testing the earnings forecast and Citi's lower target.

Comparison with peers

PulteGroup Inc.: plus 0.50 percent, P/E 11.66, market capitalization USD 21.6 billion.

D.R. Horton (NYSE, USD): minus 0.11 percent, P/E 13.29, market capitalization USD 39.0 billion.

Lennar (NYSE, USD): minus 0.79 percent, P/E 14.57, market capitalization USD 18.3 billion.

Price position stays measured

PulteGroup's closing price was 21.42 percent below its 52-week high and 5.97 percent above its 52-week low on October 16, 2026. The 0.50 percent daily gain was smaller than the moves of the stock's recent analyst targets, keeping the October 22 report as the next dated valuation test.