Frontdoor (NASDAQ:FTDR – Get Free Report) had its price target raised by equities research analysts at Truist Financial from $82.00 to $105.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price target suggests a potential upside of 17.81% from the stock’s current price.
Other equities analysts also recently issued reports about the company. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Frontdoor in a research report on Friday. Weiss Ratings downgraded Frontdoor from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 21st. Finally, Oppenheimer restated an “outperform” rating on shares of Frontdoor in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Frontdoor currently has an average rating of “Moderate Buy” and a consensus price target of $80.50.
Check Out Our Latest Stock Analysis on FTDR
Frontdoor Stock Performance
Frontdoor (NASDAQ:FTDR – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.17. The firm had revenue of $645.00 million for the quarter, compared to the consensus estimate of $643.40 million. Frontdoor had a net margin of 12.22% and a return on equity of 118.62%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.63 EPS. On average, equities analysts forecast that Frontdoor will post 4.48 EPS for the current fiscal year.
Institutional Trading of Frontdoor
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Swedbank AB lifted its holdings in Frontdoor by 6.0% in the 4th quarter. Swedbank AB now owns 1,283,600 shares of the company’s stock valued at $74,051,000 after purchasing an additional 73,000 shares in the last quarter. KBC Group NV grew its holdings in shares of Frontdoor by 271.7% during the fourth quarter. KBC Group NV now owns 27,360 shares of the company’s stock worth $1,578,000 after buying an additional 20,000 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Frontdoor in the first quarter valued at about $1,793,000. Bessemer Group Inc. lifted its stake in shares of Frontdoor by 38.2% in the first quarter. Bessemer Group Inc. now owns 110,559 shares of the company’s stock worth $5,844,000 after buying an additional 30,576 shares in the last quarter. Finally, Hillsdale Investment Management Inc. boosted its position in Frontdoor by 7.1% during the fourth quarter. Hillsdale Investment Management Inc. now owns 154,540 shares of the company’s stock worth $8,915,000 after acquiring an additional 10,300 shares during the last quarter.
Frontdoor News Summary
Here are the key news stories impacting Frontdoor this week:
- Positive Sentiment: Q2 earnings and revenue topped estimates. Frontdoor reported adjusted EPS of $1.93, above the $1.76–$1.78 analyst consensus and up from $1.63 a year ago. Revenue rose 4.5% year over year to $645 million, also narrowly exceeding expectations. Frontdoor Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: Management raised its full-year revenue outlook. Frontdoor now expects 2026 revenue of approximately $2.19 billion to $2.21 billion, while third-quarter revenue guidance of $642 million to $652 million is slightly above the $641.1 million consensus estimate. Frontdoor Plans 2026 Buybacks and Raises Revenue Outlook
- Positive Sentiment: The $330 million 2026 buyback authorization supports the stock. The repurchases could reduce shares outstanding and increase per-share earnings, signaling that management views the company’s cash generation and valuation as attractive. Frontdoor 2026 Q2 Results Earnings Presentation
- Neutral Sentiment: Investors are also reviewing management’s earnings-call commentary and presentation for details on membership trends, margins, operating costs and the sustainability of growth. While the quarterly results were characterized as broadly in line to slightly better than expectations, the modest revenue upside and buyback are the main immediate catalysts. Frontdoor Q2 2026 Earnings Call Transcript
Frontdoor Company Profile
Frontdoor, Inc (NASDAQ:FTDR) is a leading provider of home service plans and repair solutions for residential property owners. The company offers contract-based coverage that helps homeowners manage the cost of repairing and replacing essential household systems and appliances, including heating and cooling, plumbing, electrical wiring, water heaters, washers, dryers, refrigerators and other major kitchen equipment.
Frontdoor delivers its services through a nationwide network of independent service professionals and contractors, leveraging a cloud-based platform and call center infrastructure to coordinate service visits and process claims.
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