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Lowe’s Completes Acquisition of Foundation Building Materials

Story Highlights
  • Lowe’s completed the acquisition of Foundation Building Materials for $8.8 billion.
  • The acquisition enhances Lowe’s offerings to professional customers and supports its Total Home strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lowe’s Completes Acquisition of Foundation Building Materials

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Lowe’s ( (LOW) ) has issued an update.

On October 9, 2025, Lowe’s Companies, Inc. completed its acquisition of Foundation Building Materials, Inc. for $8.8 billion in cash. This acquisition is expected to enhance Lowe’s offerings to professional customers by expanding its product range and improving fulfillment, digital tools, and trade credit platforms. The acquisition aligns with Lowe’s Total Home strategy, aiming to serve large professional customers in a $250 billion market, and positions the company for growth in key geographies and the anticipated recovery in the housing market.

The most recent analyst rating on (LOW) stock is a Buy with a $270.00 price target. To see the full list of analyst forecasts on Lowe’s stock, see the LOW Stock Forecast page.

Spark’s Take on LOW Stock

According to Spark, TipRanks’ AI Analyst, LOW is a Neutral.

Lowe’s overall stock score is driven by a strong earnings call and stable cash flow, but offset by high leverage and bearish technical indicators. The company’s strategic initiatives and reasonable valuation provide some support, but financial risks and weak momentum weigh on the score.

To see Spark’s full report on LOW stock, click here.

More about Lowe’s

Lowe’s Companies, Inc. is a Fortune 100 home improvement company based in Mooresville, North Carolina, operating over 1,700 stores and serving approximately 16 million customer transactions weekly in the United States. With fiscal year 2024 sales exceeding $83 billion, Lowe’s focuses on providing safe, affordable housing, improving community spaces, developing skilled trade experts, and offering disaster relief.

Average Trading Volume: 2,844,463

Technical Sentiment Signal: Buy

Current Market Cap: $134.5B

For a thorough assessment of LOW stock, go to TipRanks’ Stock Analysis page.

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