Should You Buy Meritage Homes Corp (MTH) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Meritage Homes Corp (MTH) is not a strong buy at this time for a beginner investor with a long-term strategy. The stock is currently experiencing negative momentum, with a recent price drop and weak financial performance in the latest quarter. While there are some positive catalysts, such as hedge fund buying and a decent dividend yield, the overall sentiment and fundamentals do not strongly support a buy decision right now.
Technical Analysis
The technical indicators are mixed. The MACD is positive but contracting, suggesting weakening momentum. RSI is neutral at 39.402, and the stock is trading near its S1 support level of 71.418. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), but the recent price drop of -3.42% in regular trading and -1.39% post-market indicates bearish short-term sentiment.
Analyst Ratings and Price Target Trends
Analysts are mixed on MTH. UBS maintains a Buy rating with a price target of $101, citing potential macro improvements in 2026. However, BofA downgraded the stock to Neutral, raising concerns about valuation and margin pressures. JPMorgan remains cautious on the homebuilding sector, maintaining a Neutral rating with a $74 price target.
Wall Street analysts forecast MTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTH is 85.5 USD with a low forecast of 74 USD and a high forecast of 104 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast MTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTH is 85.5 USD with a low forecast of 74 USD and a high forecast of 104 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 69.180
Current: 69.180
