In my area virtually all exterior walls have 1/2 shear (plywood or OSB). 7/8" stucco is the most common finish next is some form of Hardie siding.
For stucco if the exterior light lands on a stud/post and is single ended I use a 4/0 pancake. If there will be 2 cables I drill a 4" hole in the shear and chisel 1/4" out of the stud so a standard 4/0 1-5/8 deep box can be used.
For siding the GC's install 2X4 blocks slightly larger than the fixture canopy on top of the shear. The same 4/0 1-5/8 deep box can be installed directly to the shear.
For Stucco that has no structural member in the way I drill a 4" hole and use an NM 4/0 bar hanger box.