KBH

In March 2026, KB Home reported disappointing Q1 2026 results, missing analyst expectations for both earnings and revenue due to weak demand, elevated mortgage rates, inflation, and geopolitical uncertainties. Revenues decreased by 23% year-over-year to $1.08 billion, and diluted earnings per share dropped by 65% to $0.52. Analysts lowered their forecasts and price targets, and the company's Q1 housing gross margin fell to 15.3%. KB Home's stock hit a new 52-week low of $48.04 in early May 2026. Despite these challenges, KB Home continued its share repurchase program, buying back approximately 0.8 million shares at a cost of $50.0 million in Q1 2026, and expects stronger financial results in the second half of fiscal 2026.