Bank of America has revised its price target for Builders FirstSource (BLDR, Financial), reducing it from $162 to $131 while maintaining a Neutral rating for the stock. This adjustment reflects broader concerns in the building products sector, where the firm has also lowered its forecasts.
The revision includes a decrease in projected financial performance for 2025 and 2026 by approximately 4% and 6%, respectively. These changes are attributed to several factors including diminished spending on renovations and remodeling, a slowdown in new construction activities, and the possible impacts of tariffs.
Across the building products sector, Bank of America has decreased price targets by around 17% on average, aligning with the anticipated market challenges. The adjustments underscore the firm's cautious outlook on the sector's near-term prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Builders FirstSource Inc (BLDR, Financial) is $169.95 with a high estimate of $230.00 and a low estimate of $147.00. The average target implies an upside of 48.89% from the current price of $114.15. More detailed estimate data can be found on the Builders FirstSource Inc (BLDR) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Builders FirstSource Inc's (BLDR, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Builders FirstSource Inc (BLDR, Financial) in one year is $143.20, suggesting a upside of 25.45% from the current price of $114.15. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Builders FirstSource Inc (BLDR) Summary page.
