Builders FirstSource (NYSE:BLDR) Given New $70.00 Price Target at Barclays

Key Points

• Barclays lowered its Builders FirstSource price target from $81 to $70 while maintaining an “overweight” rating, implying roughly 9.65% upside from the quoted $63.84 share price.
• Analyst sentiment has become more cautious: William Blair, Loop Capital and Stifel Nicolaus downgraded or maintained hold-equivalent ratings. MarketBeat’s consensus rating is “Hold,” with an average target price of $77.10.
• Builders FirstSource beat quarterly expectations with EPS of $1.51 and revenue of $3.85 billion, but revenue fell 2.2% year over year and net income declined sharply to $60.4 million from $122.4 million.

Builders FirstSource (NYSE:BLDR - Get Free Report) had its target price cut by research analysts at Barclays from $81.00 to $70.00 in a research note issued on Friday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Barclays's price objective points to a potential upside of 9.65% from the company's current price.

Several other equities analysts have also recently commented on the stock. William Blair cut shares of Builders FirstSource from an "outperform" rating to a "market perform" rating in a research report on Thursday, October 22nd. Loop Capital downgraded Builders FirstSource from a "buy" rating to a "hold" rating and set a $62.00 target price on the stock. in a report on Monday. BMO Capital Markets reiterated a "market perform" rating and issued a $80.00 price target on shares of Builders FirstSource in a research note on Thursday, August 6th. Stifel Nicolaus lowered their price target on Builders FirstSource from $65.00 to $55.00 and set a "hold" rating for the company in a report on Monday. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and issued a $78.00 price objective on shares of Builders FirstSource in a research note on Friday. Eight equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Builders FirstSource presently has an average rating of "Hold" and a consensus target price of $77.10.

Builders FirstSource Price Performance

Shares of NYSE:BLDR traded up $0.78 during trading on Friday, reaching $63.84. 527,839 shares of the company traded hands, compared to its average volume of 2,533,656. The company's 50 day moving average is $59.39 and its two-hundred day moving average is $81.01. The firm has a market capitalization of $6.87 billion, a PE ratio of 69.94, a PEG ratio of 1.91 and a beta of 1.45. The company has a quick ratio of 1.09, a current ratio of 1.79 and a debt-to-equity ratio of 1.14. Builders FirstSource has a 52 week low of $49.67 and a 52 week high of $131.50.

Builders FirstSource (NYSE:BLDR - Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.45. Builders FirstSource had a return on equity of 11.73% and a net margin of 0.71%. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same period in the prior year, the firm posted $1.88 EPS. Builders FirstSource's quarterly revenue was down 2.2% on a year-over-year basis. As a group, sell-side analysts predict that Builders FirstSource will post 2.99 earnings per share for the current year.

Hedge Funds Weigh In On Builders FirstSource

Several large investors have recently modified their holdings of BLDR. Clark Wealth Partners acquired a new position in Builders FirstSource during the 3rd quarter worth approximately $27,000. PFS Partners LLC bought a new stake in shares of Builders FirstSource during the third quarter valued at approximately $28,000. Sunbelt Securities Inc. raised its position in shares of Builders FirstSource by 508.5% during the first quarter. Sunbelt Securities Inc. now owns 359 shares of the company's stock worth $30,000 after purchasing an additional 300 shares during the period. Root Financial Partners LLC raised its position in shares of Builders FirstSource by 43.6% during the first 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 period. Finally, Sunrise Financial Services LLC bought a new position in shares of Builders FirstSource in the 3rd quarter worth $32,000. Institutional investors own 95.53% of the company's stock.

Key Stories Impacting Builders FirstSource

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

• Positive Sentiment: BLDR reported adjusted earnings of $1.51 per share, well above analysts’ expectations of approximately $1.06–$1.12, while revenue of $3.85 billion also exceeded consensus estimates. Builders FirstSource Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management maintained its 2026 guidance for net sales of $14.2 billion to $14.6 billion and adjusted EBITDA of $1.075 billion to $1.125 billion. Investors viewed the steady outlook as evidence that productivity improvements, market-share gains and stronger multifamily activity are helping offset softer single-family demand. Builders FirstSource jumps on earnings beat and steady 2026 outlook
• Neutral Sentiment: KeyCorp lowered its BLDR price target from $91 to $80 but retained an “overweight” rating. The revised target still implies substantial upside from the quoted share price, although the reduction signals more cautious expectations. KeyCorp lowers Builders FirstSource price target
• Negative Sentiment: Underlying results remained challenged: revenue declined 2.2% year over year, GAAP net income fell to $60.4 million from $122.4 million, gross profit dropped 10.6%, and gross margin contracted 260 basis points to 27.8%. Adjusted earnings also declined from $1.88 per share a year earlier. 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.

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