Builders FirstSource (NYSE:BLDR) Given New $70.00 Price Target at Barclays

Builders FirstSource (NYSE:BLDR) had its price objective lowered by Barclays from $81.00 to $70.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities research analysts have also commented on BLDR. Weiss Ratings restated a “sell (d)” rating on shares of Builders FirstSource in a report on Monday, October 19th. Citigroup reaffirmed a “market perform” rating on shares of Builders FirstSource in a research report on Thursday, October 8th. William Blair downgraded shares of Builders FirstSource from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 22nd. Benchmark cut their price objective on shares of Builders FirstSource from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Finally, Stifel Nicolaus reduced their price objective on shares of Builders FirstSource from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Monday. Seven research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $75.90.

Builders FirstSource Stock Performance

Shares of Builders FirstSource stock opened at $64.76 on Friday. The firm has a market cap of $6.97 billion, a P/E ratio of 175.03, a P/E/G ratio of 2.15 and a beta of 1.45. The company has a current ratio of 1.85, a quick ratio of 1.09 and a debt-to-equity ratio of 1.13. Builders FirstSource has a 12 month low of $49.67 and a 12 month high of $131.50. The stock’s fifty day moving average price is $59.28 and its 200-day moving average price is $80.72.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.45. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the previous year, the company posted $1.88 earnings per share. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. On average, equities research analysts expect that Builders FirstSource will post 2.99 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Builders FirstSource

Several institutional investors and hedge funds have recently added to or reduced their stakes in BLDR. BlackRock Inc. bought a new stake in shares of Builders FirstSource in the 2nd quarter valued at about $700,934,000. Dimensional Fund Advisors LP raised its stake in shares of Builders FirstSource by 12.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,967,744 shares of the company’s stock worth $244,301,000 after acquiring an additional 325,935 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Builders FirstSource during the 2nd quarter worth approximately $134,908,000. Bank of America Corp DE bought a new position in shares of Builders FirstSource during the 2nd quarter worth approximately $83,832,000. Finally, Jupiter Topco LLC bought a new position in shares of Builders FirstSource during the 2nd quarter worth approximately $73,935,000. Hedge funds and other institutional investors 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: Adjusted earnings beat expectations. BLDR reported adjusted EPS of $1.51, above consensus estimates ranging from $1.06 to $1.12, while revenue of approximately $3.85 billion also exceeded forecasts. The results helped drive investor optimism despite weaker year-over-year comparisons. Builders FirstSource Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management maintained its overall 2026 outlook. The company continues to expect $14.2 billion to $14.6 billion in sales and adjusted EBITDA of $1.075 billion to $1.125 billion. Planned productivity savings of $60 million to $70 million and improving multifamily activity also supported the bullish response. Builders FirstSource Jumps on Earnings Beat and Steady 2026 Outlook
• Positive Sentiment: Several analysts retained constructive ratings. Truist raised its price target to $75 and kept a buy rating, while KeyCorp and Barclays maintained overweight ratings with targets of $80 and $70, respectively. UBS also maintained a buy rating with a $75 target. UBS Adjusts Price Target on Builders FirstSource
• Neutral Sentiment: Analyst sentiment is mixed. Wells Fargo raised its target to $58 but maintained an equal-weight rating, while RBC lowered its target to $56 and kept a sector-perform rating. These targets remain below the stock’s recent trading level and could limit further upside.
• Negative Sentiment: Underlying profitability deteriorated. GAAP net income fell to $60.4 million from $122.4 million a year earlier, gross margin declined 260 basis points to 27.8%, and revenue decreased 2.2%. Single-family construction remained weak, highlighting risks from soft housing demand. Builders FirstSource Q3 Net Income Falls

Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.