Wells Fargo & Company Cuts Builders FirstSource (NYSE:BLDR) Price Target to $85.00

Builders FirstSource (NYSE:BLDR) had its target price cut by Wells Fargo & Company from $87.00 to $85.00 in a research report released on Friday,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other equities analysts have also commented on the stock. Weiss Ratings lowered shares of Builders FirstSource from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. KeyCorp cut their target price on shares of Builders FirstSource from $145.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday. Jefferies Financial Group cut their target price on shares of Builders FirstSource from $110.00 to $85.00 and set a “hold” rating on the stock in a research note on Monday, April 13th. Robert W. Baird cut their target price on shares of Builders FirstSource from $125.00 to $95.00 in a research note on Friday. Finally, Raymond James Financial cut their target price on shares of Builders FirstSource from $140.00 to $100.00 in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued 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 $103.45.

Builders FirstSource Stock Performance

Shares of BLDR stock opened at $75.85 on Friday. Builders FirstSource has a 12 month low of $75.38 and a 12 month high of $151.03. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.76 and a quick ratio of 1.09. The firm has a market capitalization of $8.39 billion, a P/E ratio of 29.06, a P/E/G ratio of 2.35 and a beta of 1.49. The company’s fifty day moving average price is $89.22 and its two-hundred day moving average price is $104.78.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.12). Builders FirstSource had a return on equity of 14.89% and a net margin of 1.97%.The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same quarter in the prior year, the firm earned $1.51 EPS. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. On average, research analysts anticipate that Builders FirstSource will post 5.43 earnings per share for the current fiscal year.

Builders FirstSource announced that its Board of Directors has initiated a share repurchase plan on Thursday, April 30th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Activity

In related news, Director Paul S. Levy bought 50,000 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were acquired at an average price of $87.73 per share, for a total transaction of $4,386,500.00. Following the purchase, the director owned 1,727,191 shares in the company, valued at $151,526,466.43. This trade represents a 2.98% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Builders FirstSource

Institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd grew its position in shares of Builders FirstSource by 167.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 132 shares during the last quarter. Cromwell Holdings LLC grew its position in shares of Builders FirstSource by 1,323.5% during the 4th quarter. Cromwell Holdings LLC now owns 242 shares of the company’s stock valued at $25,000 after buying an additional 225 shares during the last quarter. TD Waterhouse Canada Inc. bought a new stake in shares of Builders FirstSource during the 3rd quarter valued at about $34,000. CYBER HORNET ETFs LLC bought a new stake in shares of Builders FirstSource during the 2nd quarter valued at about $38,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Builders FirstSource during the 2nd quarter valued at about $38,000. Institutional investors own 95.53% of the company’s stock.

Key Headlines Impacting Builders FirstSource

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

• Positive Sentiment: Board authorizes $500 million share repurchase (?5.4% of outstanding shares), which supports buyback-driven upside and signals management thinks shares are undervalued. RTT News
• Positive Sentiment: Insider buying was reported (Paul S. Levy purchased shares), a constructive signal for investors watching insider conviction. Quiver Quant
• Neutral Sentiment: Some sell-side firms left “buy”/outperform stances in place even after trimming targets (e.g., UBS, Truist, Benchmark), so analyst tone is mixed rather than uniformly bearish. Benzinga (example: UBS)
• Negative Sentiment: Q1 results disappointed on profitability: EPS of $0.27 missed estimates, revenue fell ~10% YoY (though slightly beat sales forecasts), and management signaled weaker demand and pressure on margins and free cash flow for 2026 — a key driver of the stock’s downside. MarketBeat / Press Release
• Negative Sentiment: Widespread price-target cuts from multiple firms this morning (examples: UBS, RBC, Wells Fargo, DA Davidson, Truist, Loop Capital, Goldman, Raymond James, Benchmark, Baird) created additional selling pressure as several targets moved substantially lower. MarketScreener (Goldman example)

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.