These Analysts Raise Their Forecasts On D.R. Horton After Upbeat Q3 Results

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Horton Inc. (NYSE: DHI ) on Tuesday reported upbeat fiscal third-quarter 2026 results, but the homebuilder lowered its full-year sales and home- closing guidance.

Earnings came in at $3.20 per share, beating the analyst consensus estimate of $3.06.

Revenue increased to $9.23 billion from a year earlier, exceeding analysts’ expectations of $9.18 billion.

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Horton lowered its fiscal 2026 revenue outlook to $32.5 billion to $33.0 billion from its prior forecast of $33.5 billion to $34.5 billion.

The new range is below the analyst consensus estimate of $33.66 billion.

The company also reduced its homebuilding closing forecast to 83,800 to 84,300 homes from its previous guidance of 86,000 to 87,500 homes.

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Horton shares fell 0.7% to trade at $142.50 on Wednesday.

These analysts made changes to their price targets on D.R.

Horton following earnings announcement.

RBC Capital analyst Mike Dahl maintained the stock with an Underperform rating and raised the price target from $123 to $125.

Evercore ISI Group analyst Stephen Kim maintained the stock with an In-Line rating and raised the price target from $171 to $177.

Considering buying DHI stock? Here’s what analysts think: Photo via Shutterstock