RBC Capital analyst Mike Dahl has reiterated an Outperform rating on Toll Brothers. The firm has maintained a price target of $158 for the stock.

The rating and price target reflect the analyst's current stance on the company's performance and outlook.

Toll Brothers, Inc., the nation's leading builder of luxury homes, announced its newest community, Peapack Crossing, in Somerset County, New Jersey. The development will feature two distinct collections of homes, blending serenity and convenience in a desirable location. Site work is underway, with sales anticipated to begin later in summer 2026.

Peapack Crossing will showcase luxury carriage-style townhomes and single-family homes on private, wooded sites. The Carriages Collection will include two-story townhomes ranging from approximately 3,045 to 3,551 square feet, with open-concept floor plans, walk-out basements, and two-car garages starting at $1.4 million. The Signature Collection will offer single-family three-bedroom homes starting at $1.5 million, with modern two-story designs spanning over 3,100 square feet and first-floor primary bedroom suites.

Collections and Pricing

Homebuyers will have access to the Toll Brothers Design Studio for personalized selections with professional Design Consultants. The community's location offers proximity to charming shops, restaurants, outdoor recreation, and highly ranked schools in the Somerset Hills School District. Major transit routes provide easy connections to New York City, Morristown, and beyond.

"Peapack Crossing is truly a special community that offers unparalleled luxury living in the heart of Somerset County," said Jill Sarcia, Division President of Toll Brothers in New Jersey. "With thoughtfully designed homes and an exceptional location near highly ranked schools, outdoor recreation, and local conveniences, this community is ideal for home shoppers seeking a sophisticated lifestyle."