Builders FirstSource (NYSE:BLDR) Given New $88.00 Price Target at Royal Bank Of Canada

Builders FirstSource (NYSE:BLDR) had its target price lowered by Royal Bank Of Canada from $107.00 to $88.00 in a report released on Friday,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other brokerages have also recently issued reports on BLDR. Raymond James Financial decreased their price objective on shares of Builders FirstSource from $140.00 to $100.00 in a report on Friday, May 1st. Wolfe Research upgraded Builders FirstSource to a “hold” rating in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft set a $66.00 target price on Builders FirstSource in a report on Friday. Wells Fargo & Company decreased their price target on Builders FirstSource from $85.00 to $65.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Stephens lowered their price objective on Builders FirstSource from $125.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, April 27th. Nine analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $90.59.

Builders FirstSource Price Performance

NYSE BLDR 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 stock has a market capitalization of $7.15 billion, a PE ratio of 73.01, a price-to-earnings-growth ratio of 1.62 and a beta of 1.42. The company has a 50 day moving average price of $76.92 and a two-hundred day moving average price of $89.84. Builders FirstSource has a 12-month low of $65.10 and a 12-month high of $151.03.

Builders FirstSource (NYSE:BLDR) last posted its earnings results on Thursday, July 30th. The company reported $1.17 EPS 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 the consensus estimate of $3.91 billion. Builders FirstSource had a return on equity of 11.73% and a net margin of 0.71%.The business’s revenue was down 8.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.38 earnings per share. As a group, equities analysts predict that Builders FirstSource will post 4.16 earnings per share for the current fiscal year.

Builders FirstSource declared that its board has initiated a share repurchase plan on Thursday, April 30th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Daiwa Securities Group Inc. grew its position in shares of Builders FirstSource by 0.4% in 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 increased its stake in shares of Builders FirstSource by 2.0% in the fourth quarter. New Mexico Educational Retirement Board now owns 5,100 shares of the company’s stock worth $525,000 after purchasing an additional 100 shares during the period. Moors & Cabot Inc. lifted its position in shares of Builders FirstSource by 1.5% during the 4th quarter. Moors & Cabot Inc. now owns 7,388 shares of the company’s stock worth $760,000 after purchasing an additional 109 shares during the last quarter. Root Financial Partners LLC lifted its position in shares of Builders FirstSource by 43.6% during the 1st quarter. Root Financial Partners LLC now owns 372 shares of the company’s stock worth $31,000 after purchasing an additional 113 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted 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 worth $275,000 after purchasing an additional 126 shares during the last quarter. Institutional investors and hedge funds 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: 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.