---
title: "These Analysts Raise Their Forecasts On D.R. Horton After Upbeat Q3 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293500147.md"
description: "D.R. Horton reported Q3 earnings of $3.20 per share and revenue of $9.23 billion, beating estimates. However, the company lowered its full-year revenue and home-closing guidance. Despite the downward guidance revision, analysts from RBC Capital and Evercore ISI raised their price targets for DHI stock to $125 and $177 respectively, maintaining Underperform and In-Line ratings."
datetime: "2026-07-22T16:25:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293500147.md)
  - [en](https://longbridge.com/en/news/293500147.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293500147.md)
generator: "portal-rs"
---

# These Analysts Raise Their Forecasts On D.R. Horton After Upbeat Q3 Results

**D.R. Horton Inc**. (NYSE:DHI) on Tuesday reported upbeat fiscal third-quarter 2026 results, but the homebuilder lowered its full-year sales and home-closing guidance.

Earnings came in at $3.20 per share, beating the analyst consensus estimate of $3.06. Revenue increased to $9.23 billion from a year earlier, exceeding analysts’ expectations of $9.18 billion.

D.R. Horton lowered its fiscal 2026 revenue outlook to $32.5 billion to $33.0 billion from its prior forecast of $33.5 billion to $34.5 billion. The new range is below the analyst consensus estimate of $33.66 billion.

The company also reduced its homebuilding closing forecast to 83,800 to 84,300 homes from its previous guidance of 86,000 to 87,500 homes.

D.R. Horton shares fell 0.7% to trade at $142.50 on Wednesday.

These analysts made changes to their price targets on D.R. Horton following earnings announcement.

-   RBC Capital analyst Mike Dahl maintained the stock with an Underperform rating and raised the price target from $123 to $125.
-   Evercore ISI Group analyst Stephen Kim maintained the stock with an In-Line rating and raised the price target from $171 to $177.

**Considering buying DHI stock? Here’s what analysts think:**

*Photo via Shutterstock*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**