BofA analyst Rafe Jadrosich lowered the firm’s price target on Builders FirstSource (BLDR) to $123 from $128 and keeps a Neutral rating on the shares. The company reported a Q3 beat and raised FY25 guidance on better margins, but the FY26 base scenario is below consensus, the analyst tells investors in a post-earnings note. Following the report, the firm increased its 2025 EPS view by 7%, but lowered its 2026 EPS estimates by 22% to reflect a weaker 2026 outlook.
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Read More on BLDR:
- Builders FirstSource upgraded to Neutral from Underperform at Zelman
- Builders FirstSource price target lowered to $124 from $135 at Barclays
- Builders FirstSource Reports Decline in Q3 2025 Earnings
- Builders FirstSource reports Q3 adjusted EPS $1.88, consensus $1.72
- Builders FirstSource ups FY25 revenue view to $15.1B-$15.4B from $14.8B-$15.6B