Builders FirstSource (NYSE:BLDR) Price Target Cut to $65.00 by Analysts at Wells Fargo & Company

Builders FirstSource (NYSE:BLDR) had its price objective dropped by stock analysts at Wells Fargo & Company from $85.00 to $65.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential downside of 2.34% from the company’s previous close.

A number of other equities research analysts have also recently commented on BLDR. Loop Capital lowered their target price on Builders FirstSource from $140.00 to $110.00 in a research note on Friday, May 1st. Stephens lowered their price objective on shares of Builders FirstSource from $125.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Monday, April 27th. Truist Financial reduced their target price on shares of Builders FirstSource from $115.00 to $90.00 and set a “buy” rating for the company in a research report on Friday. BMO Capital Markets decreased their price target on shares of Builders FirstSource from $93.00 to $85.00 and set a “market perform” rating for the company in a research note on Tuesday. Finally, Benchmark dropped their price objective on Builders FirstSource from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $94.69.

Builders FirstSource Stock Performance

Shares of BLDR traded up $0.55 on Friday, reaching $66.56. 598,852 shares of the company’s stock traded hands, compared to its average volume of 2,445,342. The stock’s 50 day simple moving average is $77.08 and its two-hundred day simple moving average is $90.01. The stock has a market cap of $7.16 billion, a PE ratio of 25.50, a PEG ratio of 1.67 and a beta of 1.42. Builders FirstSource has a 52-week low of $65.10 and a 52-week high of $151.03. The company has a current ratio of 1.76, a quick ratio of 1.09 and a debt-to-equity ratio of 1.15.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings data 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). The business had revenue of $3.86 billion during 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%.The firm’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 EPS. On average, 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 repurchase plan on Thursday, April 30th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Builders FirstSource

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cromwell Holdings LLC grew its position in Builders FirstSource by 1,323.5% during the fourth quarter. Cromwell Holdings LLC now owns 242 shares of the company’s stock valued at $25,000 after acquiring an additional 225 shares during the last quarter. Caitong International Asset Management Co. Ltd increased 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 purchasing an additional 132 shares during the period. Sunbelt Securities Inc. raised its position in Builders FirstSource by 508.5% during the 1st quarter. Sunbelt Securities Inc. now owns 359 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares during the last quarter. Root Financial Partners LLC raised its position in Builders FirstSource by 43.6% during the 1st quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock valued at $31,000 after purchasing an additional 113 shares during the last quarter. Finally, Transamerica Financial Advisors LLC lifted its holdings in Builders FirstSource by 90.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 369 shares of the company’s stock worth $38,000 after buying an additional 175 shares during the period. 95.53% of the stock is owned by hedge funds and other institutional investors.

Key Builders FirstSource News

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

• Positive Sentiment: Truist Financial lowered its price target from $115 to $90 but maintained a Buy rating, implying substantial potential upside from current levels. The revised target reflects a more cautious outlook while still indicating confidence in a longer-term recovery. Benzinga
• Positive Sentiment: An insider reportedly purchased 50,000 BLDR shares, an investment that may signal confidence that the recent selloff has created value. Quiver Quantitative analysis
• Neutral Sentiment: Analyst sentiment remains mixed but not broadly bearish: BMO Capital Markets and Stifel Nicolaus maintained Hold ratings, while Truist retained its Buy recommendation. BMO Capital Markets report
• Negative Sentiment: BLDR’s second-quarter results missed expectations, with earnings of $1.17 per share versus the $1.25 consensus and revenue of $3.86 billion versus $3.91 billion expected. Revenue declined 8.8% year over year, while EPS fell from $2.38 a year earlier. Builders FirstSource earnings report
• Negative Sentiment: Management issued fiscal 2026 revenue guidance of $14.0 billion to $14.8 billion, below the $14.8 billion analyst consensus at the midpoint-to-low end, reinforcing concerns about slowing demand. Zacks earnings outlook
• Negative Sentiment: Softening single-family housing starts and building permits are weighing on expectations for construction-material suppliers. Investors are also concerned that the housing recovery may be delayed, pressuring sales and profitability. Housing and earnings analysis

Builders FirstSource Company Profile

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.