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

Builders FirstSource (NYSE:BLDR) had its target price decreased by research analysts at Oppenheimer from $110.00 to $90.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price objective points to a potential upside of 36.43% from the stock’s previous close.

BLDR has been the subject of a number of other reports. Stifel Nicolaus dropped their price target on Builders FirstSource from $76.00 to $70.00 and set a “hold” rating for the company in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft set a $66.00 target price on Builders FirstSource in a report on Friday. Bank of America dropped their target price on Builders FirstSource from $123.00 to $100.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. KeyCorp reduced their target price on Builders FirstSource from $100.00 to $91.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Finally, Zacks Research upgraded Builders FirstSource from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Nine analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $91.50.

Builders FirstSource Price Performance

Shares of BLDR traded down $0.04 during mid-day trading on Friday, reaching $65.97. The company had a trading volume of 1,021,858 shares, compared to its average volume of 2,448,875. The company has a market capitalization of $7.10 billion, a price-to-earnings ratio of 25.27, a P/E/G ratio of 1.67 and a beta of 1.42. 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 company’s 50 day simple moving average is $77.08 and its 200 day simple moving average is $90.01. Builders FirstSource has a 1-year low of $65.10 and a 1-year high of $151.03.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.08). Builders FirstSource had a net margin of 1.97% and a return on equity of 14.89%. The company had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the company earned $2.38 EPS. Builders FirstSource’s revenue for the quarter was down 8.8% on a year-over-year basis. Analysts expect that Builders FirstSource will post 4.16 EPS for the current year.

Builders FirstSource declared that its Board of Directors has initiated a stock buyback program on Thursday, April 30th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Builders FirstSource

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wedge Capital Management L L P NC boosted its position in shares of Builders FirstSource by 6.3% during the 2nd quarter. Wedge Capital Management L L P NC now owns 89,477 shares of the company’s stock worth $8,006,000 after purchasing an additional 5,268 shares in the last quarter. Hudson Value Partners LLC increased its position in Builders FirstSource by 10.2% in the 2nd quarter. Hudson Value Partners LLC now owns 60,904 shares of the company’s stock valued at $5,450,000 after buying an additional 5,620 shares in the last quarter. LVM Capital Management Ltd. MI acquired a new position in Builders FirstSource during the 2nd quarter worth approximately $666,000. Polianta Ltd raised its stake in Builders FirstSource by 37.1% during the 2nd quarter. Polianta Ltd now owns 22,900 shares of the company’s stock worth $2,049,000 after buying an additional 6,200 shares during the period. Finally, Czech National Bank boosted its holdings in Builders FirstSource by 1.7% in the second quarter. Czech National Bank now owns 30,616 shares of the company’s stock worth $2,740,000 after acquiring an additional 500 shares in the last quarter. 95.53% of the stock is owned by institutional investors.

Builders FirstSource News Summary

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

• Positive Sentiment: Truist Financial maintained a Buy rating despite reducing its price target from $115 to $90. The new target still implies substantial potential upside, suggesting the firm expects a recovery in housing-related demand over time. Benzinga analyst update
• Neutral Sentiment: BMO Capital Markets and Stifel Nicolaus reportedly retained Hold ratings, reflecting a wait-and-see stance following the earnings release and uncertainty around the timing of a housing-market recovery. BMO analyst update
• Negative Sentiment: Wells Fargo lowered its price target from $85 to $65 and shifted to an Equal Weight rating. The revised target indicates limited near-term upside and reinforces concerns that earnings recovery may take longer than previously expected. Wells Fargo analyst update
• Negative Sentiment: Builders FirstSource reported second-quarter EPS of $1.17, below the $1.25 consensus estimate and down sharply from $2.38 a year earlier. Revenue of $3.86 billion also missed expectations of $3.91 billion and declined 8.8% year over year. Builders FirstSource Q2 earnings report
• Negative Sentiment: Management issued 2026 revenue guidance of $14.0 billion to $14.8 billion, below the $14.8 billion consensus at the midpoint and signaling continued softness in construction demand. Weaker housing activity and reduced profitability are the main drivers of the negative investor reaction. Builders FirstSource outlook report

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.