PHM

Over the past six months (April 2026 to October 2026), PulteGroup's stock (PHM) experienced a downward trend, falling by 8.15% in the last six months and by 14.58% from October 6, 2025, to October 2, 2026. Key events include Q1 2026 earnings in April 2026, where PulteGroup initiated a strategic shift towards a build-to-order model and increased focus on active adult sales to protect profitability, with Florida seeing 18% year-over-year growth in net new orders. In July 2026, Q2 2026 earnings reported adjusted earnings of $2.48 per share on revenues of $3.98 billion, surpassing Wall Street expectations, with net new orders increasing by 6% year-over-year due to a higher community count and management noting typical seasonal demand. In June 2026, the board approved an additional $1.5 billion stock repurchase authorization. Legislative developments in October 2026 saw Congress pass a housing affordability bill capping institutional investors' ownership of single-family homes, which could reduce competition and potentially lower construction-related costs for PulteGroup. Despite some analysts, such as Evercore ISI and Truist, lowering their price targets for PHM in September/October 2026, the consensus rating for PulteGroup stock remains a 'buy'.