Hovnanian Enterprises Inc has a consensus price target of $155 based on the ratings of 3 analysts. The high is $155 issued by Wedbush on December 16, 2024. The low is $155 issued by Wedbush on December 16, 2024. The 2 most-recent analyst ratings were released by Wedbush and Zelman & Assoc on December 16, 2024 and May 23, 2024, respectively. With an average price target of $155 between Wedbush and Zelman & Assoc, there's an implied 14.95% upside for Hovnanian Enterprises Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hovnanian Enterprises (NYSE:HOV) was reported by Wedbush on December 16, 2024. The analyst firm set a price target for $155.00 expecting HOV to rise to within 12 months (a possible 14.95% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Hovnanian Enterprises (NYSE:HOV) was provided by Wedbush, and Hovnanian Enterprises initiated their neutral rating.
The last upgrade for Hovnanian Enterprises Inc happened on May 23, 2024 when Zelman & Assoc raised their price target to $155. Zelman & Assoc previously had an underperform for Hovnanian Enterprises Inc.
The last downgrade for Hovnanian Enterprises Inc happened on April 12, 2024 when Zelman & Assoc changed their price target from N/A to N/A for Hovnanian Enterprises Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hovnanian Enterprises, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hovnanian Enterprises was filed on December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.
While ratings are subjective and will change, the latest Hovnanian Enterprises (HOV) rating was a initiated with a price target of $0.00 to $155.00. The current price Hovnanian Enterprises (HOV) is trading at is $134.84, which is within the analyst’s predicted range.
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