Wells Fargo Rates KB Home (KBH) sell, $52 Price Target

Wells Fargo reiterates a sell rating on KB Home, setting a price target of $52.00, a 14.36% downside from the current price.

By EarningsIQ Research Desk · Published Jun 26, 2026, 3:03 AM EDT · Updated Jun 26, 2026, 2:01 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Wells Fargo rated KB Home ($KBH) "sell" with a $52 price target on June 24, 2026.

Since the rating, $KBH is down 1.4% after 1 week, down 7.7% after 1 month and down 29.3% to date (from the $61.25 close on Jun 24, 2026).

KBH KB Home

$43.30 -23.10% year to date

Daily close · Oct 16, 2026

Key Points

Wells Fargo reiterated its sell rating on KB Home with a target price of $52.00 as of June 24, 2026.
Wells Fargo's $52 price target implies 14.36% downside from KB Home's ($KBH) current $60.72 share price.
The stock is currently trading at $60.72, which is above the new target, suggesting a potential decline ahead.
KB Home has a market cap of about $2.93 billion and a P/E ratio of 11.6, reflecting its position in the residential construction industry.

Get $KBH trade alerts by text

We text you when insiders, Congress or big funds trade $KBH. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated KB Home alert may contain errors. Disclosures

Wells Fargo's Latest Rating on KB Home

Wells Fargo has reiterated its sell rating on KB Home (NYSE: KBH) with a target price of $52.00 as of June 24, 2026. The stock is currently trading at $60.72, indicating a gap between the current price and the target set by Wells Fargo.

Analyst rating track record

Wells Fargo vs. the S&P 500

YTD return -13.72% hypothetical

All-time return +8.63% S&P 500 +33.01%

vs. S&P 500 -24.38% behind the index

Hypothetical returns from Wells Fargo's disclosed trades, not real profit or advice. How we model this.

Rating Context and Implications

Wells Fargo's action suggests that they see potential downside for KB Home, especially given the current market price. The stock trades well above the new target, which may imply that analysts expect a decline in the company's stock value in the near future.

Analysts Set New Price Targets

In addition to Wells Fargo's stance, several other analysts have recently weighed in on KB Home. On October 16, 2026, Wells Fargo maintained its Underweight rating with a target of $42.00, down from $50.00. RBC Capital also adjusted its rating to Sector Perform and set a target of $47.00, reduced from $50.00. Melius Research initiated a Sell rating with a target of $43.00. Each of these ratings highlights a cautious outlook for KB Home amid current economic conditions.

Stock Performance and Market Position

Currently, KB Home's stock trades at $60.72, which is notably above its 52-week low of $44.03 and below its 52-week high of $67.57. This positioning could indicate that the stock has experienced volatility, making the analyst ratings even more significant as they reflect market sentiment and potential future movements.

12-month forecast

$KBH price target

KB Home daily closes and this analyst's $52 target. Not advice.

Recent Earnings

For the fiscal year, KB Home reported revenues of approximately $5.5 billion, with a revenue growth rate of -27.3%. The company's earnings per share (EPS) stands at $4.11, and it has a net margin of about 4.9%. The next earnings report is scheduled for September 22, 2026, which could provide further insights into the company's financial health and market strategies.

What KB Home Does

KB Home is a homebuilding company based in Los Angeles, California. It specializes in building and selling homes for various buyer segments, including first-time and move-up buyers. With operations across several states, KB Home also offers financial services, including mortgage banking.

What's Ahead for KB Home

As KB Home prepares for its next earnings report in September, investors will be watching closely for any signs of improvement or further challenges. The recent analyst ratings suggest a cautious stance on the stock, which could lead to increased volatility in the short term. Remember, the 13F filings reflect past holdings and may not represent current positions, but they provide insight into institutional sentiment.