LEN Price Prediction Next Week
Technical Analysis:
Based on the recent price action and technical indicators for LEN, here's the analysis for next week's trading:
The stock is showing bearish signals with heavy put volume and directionally bearish sentiment. Key observations:
- Current price: $123.84 with bearish momentum
- High put/call ratio of 4.19 indicates strong bearish sentiment
- Significant put activity in 2/28 weekly 120 puts and Feb-25 119 puts
- Volume analysis shows increased bearish positioning ahead of March 20th earnings
Price Targets for Next Week:
- Resistance: $126.75 (recent high)
- Support levels: $120 and $119 (based on put activity)
- Expected price range: $119-124
News Impact:
- Recent price target downgrades:
- RBC Capital lowered target to $125 from $130
- Barclays lowered target to $121 from $135
- BofA lowered target to $140 from $150
Prediction and Recommendation:
Based on the technical analysis and bearish options flow, LEN is likely to test lower support levels next week. The stock is expected to decline to $119-120 range.
Recommendation: SELL
- Entry: Current price ($123.84)
- Target: $119
- Stop loss: $126.75
The heavy put buying activity and multiple analyst downgrades suggest institutional investors are positioning for downside movement. The technical setup shows weakening momentum which supports the bearish thesis.
LEN Similar Chart Price Prediction
The price of LEN is predicted to go up -2.69%, based on the high correlation periods with SRDX. The similarity of these two price pattern on the periods is 95.77%.
LEN
SRDX
Down: -2.69%Similarity: 95.77%
LEN Revenue Forecast
LEN EPS Forecast
LEN FAQs
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LEN VS S&P500
The US housing market is undersupplied. This supply/demand imbalance will take years to address and should support pricing power for homebuilders.
Demand for entry-level housing should increase as the large millennial generation forms households. Lennar is well positioned to capitalize on this growing market.
Lennar's multifamily business is an underappreciated asset.
LEN Analyst's Forecast
Jade Rahmani
Keefe, Bruyette & Woods
Buy
2025-02-11
Price Target
$170 → $152
Upside
+21.68%
Keefe Bruyette lowered the firm's price target on Lennar to $152 from $170 and keeps an Outperform rating on the shares. Lennar's current valuation is relatively attractive, the analyst tells investors in a research note.
Mike Dahl
RBC Capital
Hold
2025-02-06
Price Target
$130 → $125
Downside
-1.77%
Matthew Bouley
Barclays
Hold
2025-01-31
Price Target
$135 → $121
Downside
-7.8%
