PulteGroup (PHM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.53
- Estimate
- $2.62
- Surprise
- -3.4%
- Revenue (period 2026-09-30)
- $3.97B
- Score at report (before → after)
- 5.0 → 5.0/10
Revenue source: xbrl.
How the report landed
PulteGroup (PHM) missed the $2.62 estimate with adjusted EPS of $2.53 — a clear 3.4% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.0/10) to Sell at 5.0/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PHM Sell at 5.0/10.
2 of the last 4 quarters beat the estimate; this quarter's -3.4% surprise compares with a +0.8% four-quarter average.
What supports the rating
- Attractive valuation
- Margin of safety: 35%
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $119.48
- Price target
- $121.02
- Stop
- $112.04
- Upside to target
- +1.3%
- Reward-to-risk
- 0.1:1
At 11.5× trailing and 11.8× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.
PHM at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Residential Construction
- Market cap
- $22.76B
- P/E (fwd)
- 11.8
- P/E (ttm)
- 11.5
- 52-week range
- $107.16–$144.50
- Off 52-week high
- 17.3%
- RSI (14)
- 56
- Volume vs avg
- 1.67×
- Score today
- 5.0/10