Installed Building Products (IBP) Stock Forecast & Price Target

$265.42

+17.70 (+7.15%)

(As of 07/26/2024 ET)

Installed Building Products - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for Installed Building Products in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 5 have given a hold rating, and 6 have given a buy rating for IBP.

Consensus Price Target

$245.70
-7.43% Downside

High Forecast	$282.00
Average Forecast	$245.70
Low Forecast	$168.00

According to the 11 analysts' twelve-month price targets for Installed Building Products, the average price target is $245.70. The highest price target for IBP is $282.00, while the lowest price target for IBP is $168.00. The average price target represents a forecasted downside of -7.43% from the current price of $265.43.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	1 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$245.70	$229.30	$208.40	$126.00
Forecasted Upside	-7.43% Downside	7.63% Upside	6.62% Upside	14.38% Upside

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IBP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IBP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Installed Building Products Stock vs. The Competition

Type	Installed Building Products	Construction Companies	S&P 500
Consensus Rating Score	2.55	2.57	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-6.18% Downside	32.24% Upside	8.98% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/17/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Hold ➝ Hold	$239.00 ➝ $250.00	+1.94%
7/15/2024	Evercore ISI 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$274.00 ➝ $282.00	+19.65%
7/10/2024	The Goldman Sachs Group 2 of 5 stars		Lower Target	Buy ➝ Buy	$300.00 ➝ $260.00	+25.74%
5/14/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$250.00 ➝ $270.00	+17.36%
5/13/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$242.00 ➝ $227.00	-2.61%
5/10/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$250.00 ➝ $270.00	+15.56%
Get the Latest News and Ratings for IBP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Installed Building Products and its competitors with MarketBeat's FREE daily newsletter.
5/10/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$216.00 ➝ $220.00	-5.82%
3/5/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$275.00	+14.06%
2/23/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$200.00 ➝ $235.00	+5.42%
8/3/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$140.00 ➝ $168.00	+10.69%
8/1/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Zener Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
5/3/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
1/10/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$90.00 ➝ $124.00	+33.71%
10/20/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$98.00	+25.54%
8/5/2022	Zelman & Associates Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:09 PM ET.

IBP Forecast - Frequently Asked Questions

What is Installed Building Products' forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Installed Building Products is $245.70, with a high forecast of $282.00 and a low forecast of $168.00.
Should I buy or sell Installed Building Products stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IBP shares.
Does Installed Building Products's stock price have much upside?: According to analysts, Installed Building Products's stock has a predicted upside of 9.99% based on their 12-month stock forecasts.
What analysts cover Installed Building Products?: Installed Building Products has been rated by research analysts at Benchmark, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Loop Capital, Royal Bank of Canada, and The Goldman Sachs Group in the past 90 days.
Do Wall Street analysts like Installed Building Products more than its competitors?: Analysts like Installed Building Products less than other "construction" companies. The consensus rating score for Installed Building Products is 2.55 while the average consensus rating score for "construction" companies is 2.57. Learn more on how IBP compares to other companies.