Builders FirstSource (NYSE:BLDR) Given New $90.00 Price Target at Truist Financial

Builders FirstSource (NYSE:BLDR) had its target price reduced by Truist Financial from $115.00 to $90.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

BLDR has been the topic of a number of other reports. Loop Capital reduced their target price on shares of Builders FirstSource from $140.00 to $110.00 in a report on Friday, May 1st. Royal Bank Of Canada reduced their price objective on shares of Builders FirstSource from $110.00 to $107.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. DA Davidson set a $100.00 price objective on shares of Builders FirstSource in a research note on Thursday, July 23rd. Benchmark dropped their target price on Builders FirstSource from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Finally, Wells Fargo & Company cut their target price on Builders FirstSource from $87.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $90.59.

Builders FirstSource Price Performance

NYSE:BLDR opened at $66.44 on Friday. The business’s 50-day moving average is $76.92 and its 200 day moving average is $89.84. Builders FirstSource has a 12 month low of $65.10 and a 12 month high of $151.03. The company has a market capitalization of $7.15 billion, a P/E ratio of 73.01, a P/E/G ratio of 1.62 and a beta of 1.42. The company has a current ratio of 1.79, a quick ratio of 1.09 and a debt-to-equity ratio of 1.14.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.08). Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The firm had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter in the prior year, the business earned $2.38 EPS. The business’s quarterly revenue was down 8.8% compared to the same quarter last year. On average, equities research analysts forecast that Builders FirstSource will post 4.16 earnings per share for the current fiscal year.

Builders FirstSource announced that its Board of Directors has initiated a share buyback plan on Thursday, April 30th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to purchase up to 5.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BLDR. Caitong International Asset Management Co. Ltd lifted its holdings in 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 in the last quarter. Cromwell Holdings LLC boosted its position in Builders FirstSource by 1,323.5% in 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 period. CYBER HORNET ETFs LLC bought a new position in Builders FirstSource in the 2nd quarter worth about $38,000. MUFG Securities EMEA plc bought a new position in Builders FirstSource in the 2nd quarter worth about $38,000. Finally, Sunbelt Securities Inc. increased its position in shares of Builders FirstSource by 508.5% during the first quarter. Sunbelt Securities Inc. now owns 359 shares of the company’s stock worth $30,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource News Summary

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

• Positive Sentiment: Analysts continue to maintain constructive ratings despite lowering their targets. Truist kept a “buy” rating with a $90 target, while Royal Bank of Canada and Oppenheimer retained “outperform” ratings with $88 and $90 targets, respectively—implying roughly 32%–36% upside from the referenced price. Analyst price target updates
• Neutral Sentiment: The analyst actions were mixed but broadly cautious: RBC, Oppenheimer, and Truist each reduced their price targets, while Wells Fargo cut its target to $65 and moved to an “equal weight” rating. The lower targets suggest expectations for slower recovery, even though some firms still view the current valuation as attractive. Wells Fargo analyst update
• Negative Sentiment: Second-quarter adjusted earnings of $1.17 per share missed the $1.25 consensus estimate and fell sharply from $2.38 a year earlier. Revenue declined 8.8% year over year to $3.86 billion, below the $3.91 billion estimate, indicating weaker demand and reduced operating leverage. Q2 earnings and revenue miss
• Negative Sentiment: Builders FirstSource issued fiscal 2026 revenue guidance of $14.0 billion to $14.8 billion, with the upper end only matching consensus expectations. Commentary around weaker housing demand and a lower outlook is adding to concerns about near-term growth and profitability. Q2 outlook and housing-demand concerns

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.