LEN Price Prediction Next Week
Analysis and Insights
To predict the stock price of Lennar Corporation (LEN) for the next trading week, we analyze both fundamental and technical factors.
Fundamental Analysis:
Analyst Sentiment: Goldman Sachs analyst Susan Maklari maintained a Neutral rating on LEN but lowered the price target to $141 from $150, citing a challenging housing market and increased mortgage rates. This suggests cautious optimism but with reduced expectations.
Market Conditions: The housing market faces headwinds, including higher mortgage rates and reduced demand, which could impact LEN's profitability. However, improving affordability and seasonal factors might boost spring activity.
Valuation: LEN's current price is $125.19, with a forward P/E ratio of 9.83, slightly above its industry average. This indicates moderate valuation levels.
Technical Analysis:
Price Trends: LEN's stock price has been under pressure, closing at $125.19 on March 7, 2025. The price is near its 20-day SMA of $122.06, indicating potential support.
Technical Indicators:
- RSI: 50.08, indicating a neutral position.
- MACD: Slightly negative, suggesting bearish momentum.
- Bollinger Bands: The stock is near the lower band, indicating potential oversold conditions.
Fibonacci Levels: The Fibonacci support level is at $117.81, while resistance is at $128.51.
News Sentiment:
Recent news indicates bearish activity, with heavy put volume and a Put/Call Ratio of 2.87 ahead of earnings. This suggests investor concern about short-term performance.
Price Prediction:
Considering the mixed technical indicators and bearish news sentiment, LEN's stock is expected to face short-term pressure. The price may stabilize around $123 next week.
Recommendation:
Sell LEN in the next trading week due to bearish technical indicators and negative news sentiment.
LEN Similar Chart Price Prediction
The price of LEN is predicted to go up -4.61%, based on the high correlation periods with PHM. The similarity of these two price pattern on the periods is 98%.
LEN
PHM
Down: -4.61%Similarity: 98%
LEN Revenue Forecast
LEN EPS Forecast
LEN FAQs
What is LEN revenue forecast for next quarter？
What is LEN eps forecast for next quarter？
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 → Hold
2025-03-11
Price Target
$152 → $141
Upside
+16.11%
Keefe Bruyette downgraded Lennar to Market Perform from Outperform with a price target of $141, down from $152.
Kenneth Zener
Seaport Global
Hold → Strong Buy
2025-03-06
Price Target
$154
Upside
+22.09%
Jade Rahmani
Keefe, Bruyette & Woods
Buy
2025-02-11
Price Target
$170 → $152
Upside
+21.68%
