KB Home Shares Plunge 5.81% on Earnings Miss, Guidance Cut

KB Home (KBH) shares fell 0.97% today, marking the second consecutive day of decline, with a total drop of 5.81% over the past two days. The stock price hit its lowest level since November 2023, experiencing an intraday decline of 4.86%.

KB Home's stock has reached a new 52-week low, trading as low as $51.48. This significant drop can be attributed to the company missing its earnings expectations for the first quarter of 2025. Following this disappointing performance, KB Home has lowered its guidance for the rest of the year, which has further dampened investor confidence.

Adding to the negative sentiment, Zacks Research has issued a pessimistic view on KB Home's Q4 2025 earnings estimates. This outlook, combined with the broader market conditions, has contributed to a significant stock drop of 5.5%. The cumulative effect of these factors has placed considerable downward pressure on KB Home's stock price, leading to the current bearish trend.