Truist Financial Lowers Builders FirstSource (NYSE:BLDR) Price Target to $90.00

Builders FirstSource (NYSE:BLDR) had its price objective dropped by research analysts at Truist Financial from $115.00 to $90.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price target would suggest a potential upside of 36.12% from the company’s current price.

BLDR has been the topic of a number of other reports. Oppenheimer cut their price target on shares of Builders FirstSource from $121.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Builders FirstSource from $102.00 to $81.00 and set a “hold” rating for the company in a research note on Monday, May 4th. Weiss Ratings downgraded Builders FirstSource from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, July 21st. Wolfe Research raised Builders FirstSource to a “hold” rating in a research report on Thursday, May 14th. Finally, DA Davidson set a $100.00 price objective on shares of Builders FirstSource in a research note on Thursday, July 23rd. Nine equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Builders FirstSource presently has an average rating of “Hold” and a consensus target price of $98.21.

Builders FirstSource Stock Performance

NYSE:BLDR opened at $66.12 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.09 and a current ratio of 1.76. The stock’s fifty day moving average is $77.08 and its 200 day moving average is $90.01. The firm has a market capitalization of $7.11 billion, a PE ratio of 25.33, a PEG ratio of 1.67 and a beta of 1.42. Builders FirstSource has a fifty-two week low of $65.10 and a fifty-two week high of $151.03.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.17 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.08). The firm had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Builders FirstSource had a return on equity of 14.89% and a net margin of 1.97%.Builders FirstSource’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.38 earnings per share. On average, sell-side analysts anticipate that Builders FirstSource will post 4.16 earnings per share for the current year.

Builders FirstSource declared that its Board of Directors has initiated a share buyback program on Thursday, April 30th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in Builders FirstSource by 9.3% during the first quarter. Integrated Wealth Concepts LLC now owns 3,460 shares of the company’s stock valued at $432,000 after purchasing an additional 295 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Builders FirstSource by 40.7% in the first quarter. Woodline Partners LP now owns 9,723 shares of the company’s stock worth $1,215,000 after acquiring an additional 2,812 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Builders FirstSource by 180.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,582 shares of the company’s stock worth $185,000 after purchasing an additional 1,017 shares in the last quarter. Baird Financial Group Inc. raised its stake in Builders FirstSource by 230.7% in the 2nd quarter. Baird Financial Group Inc. now owns 18,942 shares of the company’s stock valued at $2,210,000 after purchasing an additional 13,215 shares during the last quarter. Finally, Jump Financial LLC raised its stake in Builders FirstSource by 144.1% in the 2nd quarter. Jump Financial LLC now owns 7,223 shares of the company’s stock valued at $843,000 after purchasing an additional 4,264 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource News Roundup

Here are the key news stories impacting Builders FirstSource this week:

• Positive Sentiment: An insider reportedly purchased 50,000 BLDR shares for approximately $4.4 million, potentially signaling confidence that the stock’s decline has created long-term value. Builders FirstSource Falls as Investors Weigh Weak Housing Signals and Earnings Risk
• Positive Sentiment: Despite near-term weakness, several analysts’ price targets remain above the current share price, with reported targets ranging from $84 to $122 and a median of $100, suggesting some investors still expect a housing-demand recovery. Builders FirstSource analyst and price target data
• Neutral Sentiment: BMO Capital Markets maintained a Hold rating, while Stifel Nicolaus also kept its Hold rating, indicating limited conviction among analysts following the earnings release. BMO Capital Keeps Their Hold Rating on Builders FirstSource Stifel Nicolaus Keeps Hold Rating on Builders FirstSource
• Negative Sentiment: BLDR reported second-quarter EPS of $1.17, below estimates of approximately $1.25–$1.29 and down sharply from $2.38 a year earlier. Revenue of $3.86 billion also missed the $3.91 billion consensus and declined 8.8% year over year. Builders FirstSource Q2 Earnings Snapshot
• Negative Sentiment: The company now expects 2026 revenue of $14.0 billion to $14.8 billion, below the $14.8 billion analyst estimate at the midpoint or upper end, adding to concerns about weaker housing activity. Builders FirstSource Stock Down as Q2 Earnings and Sales Miss Estimates
• Negative Sentiment: Recent housing data showing softer single-family starts and lower permits has further weakened the outlook for suppliers of building materials and services. Investors are also digesting prior reductions to BLDR’s full-year revenue and adjusted EBITDA expectations. Builders FirstSource Falls as Investors Weigh Weak Housing Signals and Earnings Risk

About Builders FirstSource

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.