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Lennar Corp has a consensus price target of $171.33 based on the ratings of 22 analysts. The high is $236 issued by Evercore ISI Group on September 23, 2024. The low is $96 issued by Credit Suisse on March 16, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Wells Fargo, and JMP Securities on November 7, 2024, October 7, 2024, and September 25, 2024, respectively. With an average price target of $193.33 between Wells Fargo, Wells Fargo, and JMP Securities, there's an implied 15.38% upside for Lennar Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lennar (NYSE:LEN) was reported by Wells Fargo on November 7, 2024. The analyst firm set a price target for $180.00 expecting LEN to rise to within 12 months (a possible 7.42% upside). 50 analyst firms have reported ratings in the last year.
The latest analyst rating for Lennar (NYSE:LEN) was provided by Wells Fargo, and Lennar maintained their equal-weight rating.
The last upgrade for Lennar Corp happened on September 23, 2024 when Zelman & Assoc raised their price target to N/A. Zelman & Assoc previously had a neutral for Lennar Corp.
The last downgrade for Lennar Corp happened on October 7, 2024 when Wells Fargo changed their price target from $205 to $190 for Lennar Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lennar, 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 Lennar was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Lennar (LEN) rating was a maintained with a price target of $190.00 to $180.00. The current price Lennar (LEN) is trading at is $167.56, which is out of the analyst’s predicted range.
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