---
title: "Toll Brothers Analysts Boost Their Forecasts After Better-Than-Expected Q3 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296520646.md"
description: "Toll Brothers reported Q3 earnings of $2.97 per share and revenue of $2.66 billion, beating analyst estimates. Despite the positive results, shares fell 2.6%. Analysts from Evercore ISI and UBS raised their price targets to $191 and $195 respectively, citing solid performance in a challenging market."
datetime: "2026-08-20T16:57:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296520646.md)
  - [en](https://longbridge.com/en/news/296520646.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296520646.md)
generator: "portal-rs"
---

# Toll Brothers Analysts Boost Their Forecasts After Better-Than-Expected Q3 Results

**Toll Brothers** (NYSE:TOL) reported better-than-expected third-quarter financial results, after the closing bell on Tuesday.

Toll Brothers reported quarterly earnings of $2.97 per share, which beat the analyst consensus estimate of $2.91 by 2.06%, according to Benzinga Pro data. Quarterly revenue came in at $2.66 billion, which beat the Street estimate of $2.61 billion, but was down from revenue of $2.95 billion in the same period last year.

"Toll Brothers delivered solid third quarter results in a challenging market. We exceeded the midpoint of our guidance with $2.65 billion of home sales revenues, delivering 2,662 homes at an average price of $996,400," said CEO Karl Mistry.

Toll Brothers shares fell 2.6% to trade at $144.77 on Thursday.

These analysts made changes to their price targets on Toll Brothers following earnings announcement.

-   Evercore ISI Group analyst Stephen Kim maintained the stock with an Outperform rating and raised the price target from $185 to $191.
-   UBS analyst John Lovallo maintained the stock with a Buy and raised the price target from $187 to $195.

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

*Photo via Shutterstock*

### Related Stocks

- [TOL.US](https://longbridge.com/en/quote/TOL.US.md)
- [UBSFY.US](https://longbridge.com/en/quote/UBSFY.US.md)

## Related News & Research

- [Toll Brothers Announces Grand Opening of Amenity Center at Griffith Lakes in Charlotte, North Carolina | TOL Stock News](https://longbridge.com/en/news/298635998.md)
- [Toll Brothers Announces New Luxury Community Opening in Redondo Beach, California | TOL Stock News](https://longbridge.com/en/news/298950680.md)
- [24,135 Shares in Toll Brothers Inc. $TOL Bought by Steamboat Capital Partners LLC](https://longbridge.com/en/news/298434614.md)
- [Softer Q3 Results and Reaffirmed Outlook Might Change The Case For Investing In Toll Brothers (TOL)](https://longbridge.com/en/news/296733192.md)
- [Lennar Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call](https://longbridge.com/en/news/298909056.md)

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