The price of HOV is predicted to go up 0.6%, based on the high correlation periods with CASI. The similarity of these two price pattern on the periods is 91.32%.
HOV
CASI
Up: 0.6%Similarity: 91.32%
HOV Revenue Forecast
HOV EPS Forecast
HOV FAQs
What is bull’s view on HOV?
HOV stock closed at $132.39 on January 31, 2025, down 4.27% during regular trading. Despite recent volatility, the stock has shown strong momentum, rising 10.7% earlier in January, driven by sector-wide strength in general contractors and builders. Analysts maintain a cautious stance with a $155 price target, suggesting limited upside potential of 17%.
What is bear's view on HOV?
Hovnanian Enterprises (HOV) is currently trading near $155, reflecting a recent 10.7% surge driven by strong sector performance and market optimism. However, the bear's view highlights potential overvaluation concerns, as the stock's upside is limited to 5.3% based on Wedbush's price target. Additionally, broader economic uncertainties and cyclical risks in the housing market could pressure HOV's growth trajectory.
What is HOV revenue forecast for next quarter?
The market consensus for HOV's revenue in the upcoming quarter is projected to be approximately $821.8M USD.