Five Point Holdings is trading at $4.18, down -7.11% during the October 23 session after management cut its 2026 net income outlook to about $20 million from $100 million.
- October 22 results showed a third-quarter net loss of $4.4 million on $14.6 million in revenue.
- Management cited weaker builder absorption and deferred land sales, including no additional Great Park sales expected in 2026.