KB Home Likely To Report Lower Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

KB Home KBH is expected to report results for its second quarter ended May 31, 2023 after the closing bell on June 21, 2023.

Analysts expect the company to post quarterly earnings at $1.34 per share, down from year-ago earnings of $2.32 per share. The company’s revenue might come in at $1.42 billion.

KB Home shares rose 0.6% to close at $51.05 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Keefe, Bruyette & Woods analyst Jade Rahmani maintained a Market Perform rating and raised the price target from $45 to $47 on March 28, 2023. This analyst sees around 8% downside in the company’s stock and has an accuracy rate of 71%.
• JP Morgan analyst Michael Rehaut upgraded the stock from Underweight to Neutral and boosted the price target from $32.5 to $42.5 on March 24, 2023. This analyst sees around 17% downside in the company’s stock and has an accuracy rate of 73%.
• UBS analyst John Lovallo maintained a Buy rating and increased the price target from $45 to $48 on March 23, 2023. This analyst sees around 6% downside in the company’s stock and has an accuracy rate of 70%.
• Raymond James analyst Buck Home downgraded the stock from Strong Buy to Market Perform on Oct. 21, 2022. This analyst and has an accuracy rate of 72%.
• Evercore ISI Group analyst Stephen Kim maintained an Outperform rating and cut the price target from $50 to $46 on Sept. 22, 2022. This analyst sees around 10% downside in the company’s stock and has an accuracy rate of 79%.

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