PulteGroup stock slips as Truist cuts its target to USD 136

Published on 09/17/2026 at 23:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PulteGroup stock closed at USD 117.55 on September 16, 2026 after Truist cut its target to USD 136 from USD 145. Second-quarter 2026 revenue was USD 3.98 billion and net income was USD 472 million.

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PulteGroup Inc. (US7458671010) stock closed at USD 117.55 on September 16, 2026, down 1.61 percent on the day, while Truist Securities cut its price target to USD 136 from USD 145, according to Yahoo Finance.

Second quarter still matters

Yahoo Finance also shows second-quarter 2026 revenue of USD 3.98 billion and earnings per share of USD 2.48, against USD 4.40 billion and USD 3.03 a year earlier. Net income was USD 472 million in the quarter, down from USD 608 million, which leaves the margin debate more important than the daily share move.

Consensus now looks softer

The same market snapshot lists diluted EPS of USD 9.78 on a trailing basis and revenue of USD 16.41 billion, while the Zacks consensus embedded in Yahoo Finance points to fiscal 2026 revenue of USD 16.34 billion and EPS of USD 10.07. That implies a year-over-year revenue decline of 5.61 percent and EPS decline of 11.98 percent in the consensus view.

Stock at a mid-range level

PulteGroup stock traded between USD 108.49 and USD 144.50 over the past 52 weeks, with volume at 1,370,355 shares on September 16, 2026. The stock therefore sits well below the yearly high and above the low, with the market still pricing in a housing-cycle slowdown.