DHI Price Prediction Next Week
Analysis and Insights
News and Analyst Sentiment:
D.R. Horton (DHI) has recently received positive analyst upgrades, with Seaport Research Partners upgrading the stock to Buy from Neutral, citing sector rotation and potential upside despite industry challenges. The upgrade includes a price target of $164, reflecting confidence in the stock's potential.
Technical Analysis:
The stock is currently trading at $133.63, with key technical indicators suggesting a neutral to bullish outlook. The RSI_14 is at 51.96, indicating the stock is not overbought or oversold. The MACD is slightly negative but nearing a bullish crossover, suggesting potential upward momentum.
Fibonacci Levels:
The Fibonacci levels indicate a pivot point at $129.46, with resistance at $136.07 and support at $122.86. The stock is currently trading above the pivot point, suggesting bullish momentum.
Price Target and Recommendation:
Based on the upgrades and technical analysis, DHI is expected to rise in the next trading week, with a target price of $136.07. The stock is a buy at current levels, with potential upside driven by positive sentiment and sector rotation.
DHI Similar Chart Price Prediction
The price of DHI is predicted to go up -5.66%, based on the high correlation periods with LEN. The similarity of these two price pattern on the periods is 97.79%.
DHI
LEN
Down: -5.66%Similarity: 97.79%
DHI Revenue Forecast
DHI EPS Forecast
DHI FAQs
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DHI VS S&P500
The U.S. housing market is undersupplied. This supply/demand imbalance will take years to address and should support homebuilder pricing power.
There is significant long-term demand for entry-level housing as the millennial generation forms households. D.R. Horton's Express Homes brand is positioned to capitalize on this underserved market.
D.R. Horton's strategic relationship with publicly traded land developer Forestar and its growing property rental businesses should help fuel future growth.
DHI Analyst's Forecast
Matthew Bouley
Barclays
Hold
2025-01-22
Price Target
$150 → $145
Downside
-1.31%
Barclays lowered the firm's price target on D.R. Horton to $150 from $170 and keeps an Equal Weight rating on the shares. The firm prefers building products to homebuilders in Q4. Investor expectations are "subdued" across both subsectors into earnings, the analyst tells investors in a research note. The firm says that as both subsectors declined over the past six weeks, building products stocks have seen greater dislocations versus fundamentals, leaving better entry points.
Matthew Bouley
Barclays
Hold
2025-01-16
Price Target
$170 → $150
Upside
+2.32%
John Lovallo
UBS
Strong Buy
2025-01-08
Price Target
$214 → $203
Upside
+45.1%
