Builders FirstSource (NYSE:BLDR) Given New $56.00 Price Target at Royal Bank Of Canada

Builders FirstSource (NYSE:BLDR) had its price target reduced by Royal Bank Of Canada from $62.00 to $56.00 in a research report report published on Friday,Benzinga reports. They currently have a sector perform rating on the stock.

BLDR has been the subject of a number of other research reports. DA Davidson set a $68.00 price objective on Builders FirstSource in a research note on Friday, July 31st. Citizens Jmp started coverage on Builders FirstSource in a research note on Friday, August 21st. They set a “market perform” rating on the stock. Robert W. Baird set a $75.00 price target on Builders FirstSource in a report on Friday, July 31st. Truist Financial boosted their price target on Builders FirstSource from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday. Finally, Oppenheimer dropped their price target on Builders FirstSource from $90.00 to $78.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Seven investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $75.90.

Builders FirstSource Trading Up 2.7%

Shares of Builders FirstSource stock opened at $64.76 on Friday. The company has a market capitalization of $6.97 billion, a P/E ratio of 175.03, a P/E/G ratio of 2.15 and a beta of 1.45. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.09 and a current ratio of 1.85. The company has a fifty day moving average of $59.28 and a 200 day moving average of $80.72. Builders FirstSource has a fifty-two week low of $49.67 and a fifty-two week high of $131.50.

Builders FirstSource (NYSE:BLDR) last posted its quarterly earnings results on Thursday, October 29th. The company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.45. The business had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Builders FirstSource had a return on equity of 10.77% and a net margin of 0.28%. The business’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period last year, the firm earned $1.88 earnings per share. On average, sell-side analysts anticipate that Builders FirstSource will post 2.99 earnings per share for the current fiscal year.

Institutional Trading of Builders FirstSource

Several hedge funds have recently bought and sold shares of BLDR. Clark Wealth Partners bought a new stake in shares of Builders FirstSource in the third quarter worth about $27,000. PFS Partners LLC bought a new position in Builders FirstSource during the third quarter valued at approximately $28,000. Sunbelt Securities Inc. boosted its stake in Builders FirstSource by 508.5% during the first quarter. Sunbelt Securities Inc. now owns 359 shares of the company’s stock valued at $30,000 after buying an additional 300 shares during the last quarter. Root Financial Partners LLC boosted its stake in Builders FirstSource by 43.6% during the first quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock valued at $31,000 after buying an additional 113 shares during the last quarter. Finally, Sunrise Financial Services LLC purchased a new position in Builders FirstSource during the 3rd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.

More Builders FirstSource News

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

• Positive Sentiment: Adjusted earnings beat expectations. BLDR reported adjusted EPS of $1.51, above consensus estimates ranging from $1.06 to $1.12, while revenue of approximately $3.85 billion also exceeded forecasts. The results helped drive investor optimism despite weaker year-over-year comparisons. Builders FirstSource Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management maintained its overall 2026 outlook. The company continues to expect $14.2 billion to $14.6 billion in sales and adjusted EBITDA of $1.075 billion to $1.125 billion. Planned productivity savings of $60 million to $70 million and improving multifamily activity also supported the bullish response. Builders FirstSource Jumps on Earnings Beat and Steady 2026 Outlook
• Positive Sentiment: Several analysts retained constructive ratings. Truist raised its price target to $75 and kept a buy rating, while KeyCorp and Barclays maintained overweight ratings with targets of $80 and $70, respectively. UBS also maintained a buy rating with a $75 target. UBS Adjusts Price Target on Builders FirstSource
• Neutral Sentiment: Analyst sentiment is mixed. Wells Fargo raised its target to $58 but maintained an equal-weight rating, while RBC lowered its target to $56 and kept a sector-perform rating. These targets remain below the stock’s recent trading level and could limit further upside.
• Negative Sentiment: Underlying profitability deteriorated. GAAP net income fell to $60.4 million from $122.4 million a year earlier, gross margin declined 260 basis points to 27.8%, and revenue decreased 2.2%. Single-family construction remained weak, highlighting risks from soft housing demand. Builders FirstSource Q3 Net Income Falls

About Builders FirstSource

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.