Oppenheimer Begins Coverage of KB Home (KBH) Stock

KB Home (NYSE:KBH) is one of the Best Housing Stocks to Buy According to Hedge Funds. On September 3, Oppenheimer began coverage of the company’s stock with a “Perform” rating and no price target. The firm likes KB Home (NYSE:KBH)’s land strategy and believes that its build-to-order model possesses advantages over the long term. However, as per the analyst, the company’s market footprint and new approach about price over incentives are disadvantages in the current market. In Q2 2025, the company’s revenues came in at $1.53 billion as compared to $1.71 billion, while the average selling price rose marginally to $488,700.

Oppenheimer Begins Coverage of KB Home (KBH) Stock

In the current environment and considering KB Home (NYSE:KBH)’s robust existing land pipeline, it is scaling back the land acquisition and development investments, while increasing the share repurchases. In Q2 2025, KB Home (NYSE:KBH) repurchased $200 million of its outstanding common stock at an average price of ~$54 per share.

KB Home (NYSE:KBH) operates as a homebuilding company.

While we acknowledge the potential of KBH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KBH and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.