KB Home (KBH)

KB Home's stock price has experienced fluctuations and analyst re-evaluations. The stock price decreased by 9.86% over the last 12 months and 5.29% in the past month. As of February 2, 2026, the share price was $57.56, a decline of 12.01% from February 3, 2025. The stock has a consensus "Hold" rating. Brokerages like Wells Fargo & Company, Zacks Research, Raymond James Financial, UBS Group, and JPMorgan Chase & Co. have adjusted their outlook on KBH. KB Home reported its Q4 2025 earnings with revenue down 15.5% year-over-year, but it topped analyst estimates for earnings per share and revenue. The company delivered 12,902 homes and generated $6.24 billion in total revenues for the full year 2025. Share repurchases in Q4 2025 totaled $100 million, and the company ended the year with $900 million available under a new $1 billion repurchase authorization. The company's shift to a "build-to-order" model is strategically sound, but near-term margin pain is expected.

Demand for KB Home's products and services exhibits seasonality, with the spring selling season typically being a better time for sales. In late 2025, the company experienced weaker demand, declining sales pace, and increased cancellation rates due to affordability challenges and macroeconomic uncertainties. The company responded by repositioning communities to offer more compelling value, which led to improved weekly sales.

KB Home is an American homebuilding company founded in 1957, specializing in building and selling various new homes, including single-family homes, townhomes, and condominiums, targeting first-time, move-up, and active adult homebuyers. The company also offers financial services through a joint venture, including mortgage banking, insurance products, and title services.

KB Home operates in 49 markets across nine states in the United States, divided into West Coast, Southwest, Central, and Southeast segments, with the West Coast segment generating the majority of its revenue.

KB Home is recognized as one of the largest and most trusted homebuilders in the United States, known for building strong customer relationships and offering a personalized homebuying experience. The company has been honored as the #1 customer-ranked national homebuilder and is an industry leader in sustainability, delivering more ENERGY STAR® certified homes than any other builder. KB Home announced the grand opening of Quarry Row, a new-home community in Rocklin, California, and was involved in a project building energy-efficient microgrid communities.

Institutional investors are the primary owners of KB Home stock, holding approximately 98.59% of the stock as of March 2025. Key institutional holders include BlackRock, Inc., Fmr Llc (Fidelity Management & Research), and Vanguard Group Inc. Insiders collectively own about 9.74% of the company's shares.