Lennar (LEN): AI buyer paralysis & the 121-day home assembly line [Q2 2026]

Lennar’s Q2 2026 results reveal a homebuilder transforming into a lightning-fast assembly line, only to collide with buyers paralyzed by AI job anxiety.In ~10 minutes:- Why cycle times hit a record-low 121 days.- The $7.1B shift to optioning 98% of their land.- How 12.9% sales incentives mask affordability ceilings.- Why management cut FY26 targets to 82,000 homes.Lennar is aggressively pivoting away from being a traditional real estate landlord. By pushing land-holding costs to third parties, they've successfully cut construction costs to an impressive $81 per square foot 🏗️. Yet despite this manufacturing triumph, market imbalances and existential consumer fears are forcing management to manually tap the brakes on their own volume.Lennar Corporation (LEN) | Q2 FY2026AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.