JELD-WEN (0JW) AI Stock Analysis

Company Guidance

For full year 2026, JELD-WEN is maintaining net revenue guidance of $3.1 billion to $3.2 billion, with core revenue declining between 2-5% year over year, adjusted EBITDA guidance of $120 million to $150 million, operating cash flow of $10 million, free cash flow to be a use of approximately $75 million, and full year capital expenditures of $85 million; the adjusted EBITDA range does not assume any further tariff refunds in the fourth quarter. The company now expects the North America windows and doors market to decline in the mid single digits, US new single family construction to decline in the mid single digits, and full year European market volumes to decline in the low single digits. The 2026 adjusted EBITDA bridge uses a midpoint of $135 million versus 2025 adjusted of $118 million and includes an approximately $30 million volume mix headwind, a $5 million net share loss headwind, approximately $120 million of productivity benefits, an approximately $60 million price cost headwind, and a net headwind of approximately $8 million. JELD-WEN expects to complete its debt refinancing by the end of November, extending debt maturities by approximately 5 years to 2031 and resulting in approximately $50 million in higher annual interest expense; it expects to return to and sustain service levels above 90%.