Meritage Homes Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Meritage Homes stock have an average target of 77.63, with a low estimate of 58 and a high estimate of 90. The average target predicts an increase of 11.91% from the current stock price of 69.37.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$58	$77.63	$80	$90
Change	-16.39%	+11.91%	+15.32%	+29.74%

Analyst Ratings

The average analyst rating for Meritage Homes stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	1	1	2	2
Buy	0	0	1	1	1	1
Hold	6	5	6	6	6	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	8	8	8	9	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Rehaut JP Morgan	JP Morgan	Hold Maintains $62 → $58	Hold	Maintains	$62 → $58	-16.39%	Apr 28, 2026
John Lovallo UBS	UBS	Strong Buy Maintains $95 → $86	Strong Buy	Maintains	$95 → $86	+23.97%	Apr 24, 2026
Rafe Jadrosich B of A Securities	B of A Securities	Hold Maintains $74 → $72	Hold	Maintains	$74 → $72	+3.79%	Apr 20, 2026
Jonathan Bettenhausen Truist Securities	Truist Securities	Strong Buy Maintains $90 → $80	Strong Buy	Maintains	$90 → $80	+15.32%	Apr 16, 2026
Stephen Kim Evercore ISI Group	Evercore ISI Group	Hold Maintains $77 → $69	Hold	Maintains	$77 → $69	-0.53%	Apr 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.82B

from 5.86B

-0.63%

from 5.86B

Revenue Next Year

6.39B

from 5.82B

9.81%

from 5.82B

EPS This Year

6.01

from 6.35

-5.42%

from 6.35

EPS Next Year

7.50

from 6.01

24.87%

from 6.01

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.14B	6.29B	6.14B	6.40B	5.86B	5.82B	6.39B
Revenue Growth	14.22%	22.39%	-2.45%	4.18%	-8.40%	-0.63%	9.81%
EPS	9.65	13.37	9.96	10.72	6.35	6.01	7.50
EPS Growth	75.36%	38.62%	-25.51%	7.63%	-40.77%	-5.42%	24.87%
Forward PE	-	-	-	-	-	11.55	9.25
No. Analysts	-	-	-	-	-	13	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	6.2B	7.2B
Avg	5.8B	6.4B
Low	5.5B	5.8B

Revenue Growth

Revenue Growth	2026	2027
High	5.4%	23.7%
Avg	-0.6%	9.8%
Low	-6.5%	-0.2%

EPS Forecast

EPS	2026	2027
High	7.28	8.31
Avg	6.01	7.50
Low	5.27	5.56

EPS Growth

EPS Growth	2026	2027
High	14.6%	38.3%
Avg	-5.4%	24.9%
Low	-17.0%	-7.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.