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PulteGroup, Inc. (NYSE:PHM) is one of the

10 Best Housing Stocks to Buy in 2026.

On April 23, Reuters reported that PulteGroup, Inc. (NYSE:PHM) had weaker first-quarter results since profit and revenue declined as demand fell. The corporation had diluted earnings of $1.79 per share, down from $2.57 a year ago, and revenue fell to $3.41 billion from $3.89 billion.

The home sale gross margin fell from 27.5% to 24.4% as demand slowed. CEO Ryan Marshall stated both domestic and global factors weakened demand, noting, “We see a consumer with concerns about affordability and the economy.”

According to Reuters, inflation pushed purchasers away, exacerbating problems in the homebuilding business, which has suffered from falling sales for several quarters.

The company also extended its share buyback program by $1.5 billion, showing capital return ambitions in the face of lower performance trends.

On April 4, 2026, UBS raised its price objective for  PulteGroup, Inc. (NYSE:PHM) to $162 from $159 and maintained a Buy rating on the stock. The firm revised its model in response to the Q1 financial results.

PulteGroup, Inc. (NYSE:PHM) works in the homebuilding industry. It works through two business segments: homebuilding and financial services.

While we acknowledge the potential of PHM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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