Frontdoor (NASDAQ:FTDR – Get Free Report) had its target price hoisted by research analysts at Truist Financial from $82.00 to $105.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price target would suggest a potential upside of 17.81% from the stock’s current price.
Several other equities research analysts have also recently weighed in on the company. Oppenheimer restated an “outperform” rating on shares of Frontdoor in a research report on Friday. Weiss Ratings downgraded Frontdoor from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Frontdoor in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Frontdoor currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.50.
Get Our Latest Stock Analysis on Frontdoor
Frontdoor Stock Performance
Frontdoor (NASDAQ:FTDR – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. The firm had revenue of $645.00 million for the quarter, compared to analysts’ expectations of $643.40 million. Frontdoor had a return on equity of 118.62% and a net margin of 12.22%.The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.63 earnings per share. On average, equities analysts forecast that Frontdoor will post 4.48 EPS for the current year.
Institutional Investors Weigh In On Frontdoor
A number of large investors have recently made changes to their positions in FTDR. State of Wyoming raised its holdings in shares of Frontdoor by 2.5% in the 1st quarter. State of Wyoming now owns 7,140 shares of the company’s stock valued at $377,000 after purchasing an additional 177 shares in the last quarter. Handelsbanken Fonder AB boosted its stake in shares of Frontdoor by 0.8% during the second quarter. Handelsbanken Fonder AB now owns 25,900 shares of the company’s stock valued at $2,010,000 after purchasing an additional 200 shares in the last quarter. ProShare Advisors LLC increased its holdings in Frontdoor by 1.7% during the fourth quarter. ProShare Advisors LLC now owns 14,232 shares of the company’s stock valued at $821,000 after buying an additional 236 shares during the period. Snowden Capital Advisors LLC raised its stake in Frontdoor by 4.1% in the second quarter. Snowden Capital Advisors LLC now owns 6,407 shares of the company’s stock worth $378,000 after buying an additional 250 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in Frontdoor by 5.0% in the fourth quarter. Bank of Montreal Can now owns 5,296 shares of the company’s stock worth $306,000 after buying an additional 254 shares in the last quarter.
Key Frontdoor News
Here are the key news stories impacting Frontdoor this week:
- Positive Sentiment: Q2 earnings and revenue topped estimates. Frontdoor reported adjusted EPS of $1.93, above the $1.76–$1.78 analyst consensus and up from $1.63 a year ago. Revenue rose 4.5% year over year to $645 million, also narrowly exceeding expectations. Frontdoor Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: Management raised its full-year revenue outlook. Frontdoor now expects 2026 revenue of approximately $2.19 billion to $2.21 billion, while third-quarter revenue guidance of $642 million to $652 million is slightly above the $641.1 million consensus estimate. Frontdoor Plans 2026 Buybacks and Raises Revenue Outlook
- Positive Sentiment: The $330 million 2026 buyback authorization supports the stock. The repurchases could reduce shares outstanding and increase per-share earnings, signaling that management views the company’s cash generation and valuation as attractive. Frontdoor 2026 Q2 Results Earnings Presentation
- Neutral Sentiment: Investors are also reviewing management’s earnings-call commentary and presentation for details on membership trends, margins, operating costs and the sustainability of growth. While the quarterly results were characterized as broadly in line to slightly better than expectations, the modest revenue upside and buyback are the main immediate catalysts. Frontdoor Q2 2026 Earnings Call Transcript
About Frontdoor
Frontdoor, Inc (NASDAQ:FTDR) is a leading provider of home service plans and repair solutions for residential property owners. The company offers contract-based coverage that helps homeowners manage the cost of repairing and replacing essential household systems and appliances, including heating and cooling, plumbing, electrical wiring, water heaters, washers, dryers, refrigerators and other major kitchen equipment.
Frontdoor delivers its services through a nationwide network of independent service professionals and contractors, leveraging a cloud-based platform and call center infrastructure to coordinate service visits and process claims.
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