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

Builders FirstSource (NYSE:BLDR) had its price objective lowered by Wells Fargo & Company from $85.00 to $65.00 in a research report released on Friday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Several other brokerages have also recently commented on BLDR. Zacks Research raised shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Oppenheimer lowered their target price on shares of Builders FirstSource from $121.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, July 23rd. Benchmark lowered their target price on shares of Builders FirstSource from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Loop Capital cut their price target on shares of Builders FirstSource from $140.00 to $110.00 in a report on Friday, May 1st. Finally, Truist Financial reduced their price target 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. Nine analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $90.59.

Builders FirstSource Stock Up 0.6%

BLDR stock opened at $66.44 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.79 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $7.15 billion, a PE ratio of 73.01, a PEG ratio of 1.62 and a beta of 1.42. Builders FirstSource has a twelve month low of $65.10 and a twelve month high of $151.03. The stock has a 50-day simple moving average of $76.92 and a two-hundred day simple moving average of $89.84.

Builders FirstSource (NYSE:BLDR) last announced 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 company had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the company earned $2.38 earnings per share. The company’s quarterly revenue was down 8.8% on a year-over-year basis. On average, equities analysts predict that Builders FirstSource will post 4.16 EPS for the current fiscal year.

Builders FirstSource declared that its Board of Directors has approved a stock buyback program on Thursday, April 30th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On Builders FirstSource

A number of institutional investors and hedge funds have recently bought and sold shares of BLDR. Daiwa Securities Group Inc. lifted its position in Builders FirstSource by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 17,630 shares of the company’s stock valued at $2,057,000 after purchasing an additional 78 shares during the last quarter. New Mexico Educational Retirement Board grew its stake in Builders FirstSource by 2.0% in the 4th quarter. New Mexico Educational Retirement Board now owns 5,100 shares of the company’s stock worth $525,000 after buying an additional 100 shares in the last quarter. Moors & Cabot Inc. increased its holdings in shares of Builders FirstSource by 1.5% in the 4th quarter. Moors & Cabot Inc. now owns 7,388 shares of the company’s stock worth $760,000 after buying an additional 109 shares during the last quarter. Root Financial Partners LLC increased its holdings in shares of Builders FirstSource by 43.6% in the 1st quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock worth $31,000 after buying an additional 113 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of Builders FirstSource by 5.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,272 shares of the company’s stock valued at $275,000 after buying an additional 126 shares in the last quarter. 95.53% of the stock is owned by hedge funds and other institutional investors.

More Builders FirstSource News

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

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.