Builders FirstSource (NYSE:BLDR) Price Target Cut to $80.00 by Analysts at KeyCorp

Key Points

• KeyCorp lowered Builders FirstSource’s price target from $91 to $80 while maintaining an “overweight” rating, implying about 27.1% upside from the prior close.
• The company beat quarterly expectations with $1.51 in earnings per share and $3.85 billion in revenue, although revenue declined 2.2% year over year and net income fell sharply.
• Analyst sentiment remains mixed: the stock carries an overall “Hold” rating with an average price target of $77.65, while institutional investors own approximately 95.5% of shares.

Builders FirstSource (NYSE:BLDR - Get Free Report) had its target price cut by research analysts at KeyCorp from $91.00 to $80.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an "overweight" rating on the stock. KeyCorp's price target would suggest a potential upside of 27.10% from the company's previous close.

Other analysts also recently issued reports about the company. Royal Bank Of Canada reduced their target price on Builders FirstSource from $107.00 to $88.00 and set an "outperform" rating for the company in a report on Friday, July 31st. Citizens Jmp assumed coverage on Builders FirstSource in a research note on Friday, August 21st. They issued a "market perform" rating for the company. Robert W. Baird set a $75.00 price target on Builders FirstSource in a report on Friday, July 31st. Citigroup reaffirmed a "market perform" rating on shares of Builders FirstSource in a research note on Thursday, October 8th. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $78.00 price target on shares of Builders FirstSource in a research report on Friday. Eight analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $77.65.

Builders FirstSource Stock Up 12.6%

BLDR stock opened at $62.94 on Friday. Builders FirstSource has a fifty-two week low of $49.67 and a fifty-two week high of $131.50. The company's 50 day moving average price is $59.39 and its 200 day moving average price is $81.01. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.09 and a current ratio of 1.79. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of 69.17, a PEG ratio of 1.91 and a beta of 1.45.

Builders FirstSource (NYSE:BLDR - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.45. Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The business had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same period last year, the business earned $1.88 EPS. The company's revenue was down 2.2% on a year-over-year basis. On average, equities research analysts anticipate that Builders FirstSource will post 2.99 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Harbor Island Capital LLC bought a new stake in shares of Builders FirstSource during the third quarter worth approximately $12,524,000. Nisa Investment Advisors LLC lifted its holdings in shares of Builders FirstSource by 40,460.9% in the third quarter. Nisa Investment Advisors LLC now owns 732,529 shares of the company's stock valued at $41,761,000 after purchasing an additional 730,723 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Builders FirstSource in the second quarter valued at approximately $700,934,000. Louisbourg Investments Inc. acquired a new position in shares of Builders FirstSource during the 3rd quarter worth about $1,949,000. Finally, CWA Asset Management Group LLC bought a new position in Builders FirstSource in the third quarter valued at approximately $829,000. Institutional investors own 95.53% of the company's stock.

Key Headlines Impacting Builders FirstSource

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

• Positive Sentiment: Adjusted earnings were $1.51 per share, well above analyst estimates ranging from $1.06 to $1.12. Revenue of approximately $3.85 billion also exceeded expectations of about $3.75 billion. Builders FirstSource Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management kept its 2026 guidance ranges at $14.2 billion to $14.6 billion in net sales and $1.075 billion to $1.125 billion in adjusted EBITDA. Maintaining the outlook despite a difficult construction environment reassured investors about operating discipline and execution. Builders FirstSource Jumps on Earnings Beat and Steady 2026 Outlook
• Positive Sentiment: The company expects $60 million to $70 million of productivity savings in 2026, while management highlighted improved multifamily activity and relatively stable repair-and-remodel demand. Builders FirstSource Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Liquidity remained substantial at approximately $1.5 billion, including roughly $1.4 billion of available revolving-credit capacity, supporting financial flexibility.
• Negative Sentiment: Underlying results were weaker year over year: net sales declined 2.2%, 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%. Single-family organic sales also declined. Builders FirstSource Q3 Net Income Falls

Builders FirstSource Company Profile

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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