Builders FirstSource (NYSE:BLDR) Price Target Cut to $56.00 by Analysts at Royal Bank Of Canada

Posted by Geri Gentry on Oct 30th, 2026

Builders FirstSource (NYSE:BLDR – Get Free Report) had its price target dropped by stock analysts at Royal Bank Of Canada from $62.00 to $56.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada‘s target price points to a potential downside of 12.30% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Citizens Jmp started coverage on Builders FirstSource in a research note on Friday, August 21st. They issued a “market perform” rating for the company. Stifel Nicolaus lowered their price objective on shares of Builders FirstSource from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Monday. UBS Group set a $85.00 price objective on shares of Builders FirstSource in a research note on Thursday, October 1st. William Blair downgraded shares of Builders FirstSource from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 22nd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $78.00 target price on shares of Builders FirstSource in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $75.75.

View Our Latest Stock Analysis on Builders FirstSource

Builders FirstSource Trading Up 1.3%

BLDR traded up $0.80 during trading on Friday, reaching $63.86. The company had a trading volume of 1,770,215 shares, compared to its average volume of 2,539,703. The firm’s 50-day simple moving average is $59.39 and its 200 day simple moving average is $81.01. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.09 and a current ratio of 1.79. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 70.15, a PEG ratio of 1.91 and a beta of 1.45. Builders FirstSource has a 12-month low of $49.67 and a 12-month high of $131.50.

Builders FirstSource (NYSE:BLDR – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.45. Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same period last year, the firm posted $1.88 earnings per share. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. Equities research analysts anticipate that Builders FirstSource will post 2.99 earnings per share for the current year.

Hedge Funds Weigh In On Builders FirstSource

Several large investors have recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund lifted its holdings in shares of Builders FirstSource by 83.0% during the third quarter. Oregon Public Employees Retirement Fund now owns 24,100 shares of the company’s stock valued at $1,374,000 after acquiring an additional 10,928 shares during the period. Salomon & Ludwin LLC bought a new stake in shares of Builders FirstSource during the third quarter valued at approximately $87,000. Vise Technologies Inc. increased its holdings in shares of Builders FirstSource by 22.7% in the third quarter. Vise Technologies Inc. now owns 26,290 shares of the company’s stock valued at $1,499,000 after purchasing an additional 4,857 shares in the last quarter. Cidel Asset Management Inc. raised its position in Builders FirstSource by 27.2% in the 3rd quarter. Cidel Asset Management Inc. now owns 4,477 shares of the company’s stock worth $255,000 after purchasing an additional 958 shares during the last quarter. Finally, Greatmark Investment Partners Inc. raised its position in Builders FirstSource by 33.4% in the 3rd quarter. Greatmark Investment Partners Inc. now owns 128,547 shares of the company’s stock worth $7,328,000 after purchasing an additional 32,208 shares during the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Trending Headlines about Builders FirstSource

Here are the key news stories impacting Builders FirstSource this week:

Positive Sentiment: Adjusted earnings were $1.51 per share, well above analyst estimates ranging from $1.06 to $1.12, while revenue of approximately $3.85 billion also topped expectations. Builders FirstSource Q3 Earnings and Revenues Beat Estimates
Positive Sentiment: Management maintained its 2026 guidance, calling for net sales of $14.2 billion to $14.6 billion and adjusted EBITDA of $1.075 billion to $1.125 billion. Holding the outlook steady despite challenging housing conditions supported investor confidence. Builders FirstSource jumps on earnings beat and steady 2026 outlook
Positive Sentiment: The company cited improved multifamily activity, relatively stable repair-and-remodel demand, and expected productivity savings of $60 million to $70 million in 2026 as factors helping offset weaker single-family construction trends.
Neutral Sentiment: UBS lowered its price target to $75 from $88 but retained a Buy rating. Barclays reduced its target to $70 from $81 while maintaining an Overweight rating, and KeyCorp cut its target to $80 from $91 while also remaining Overweight. The cuts signal more cautious valuation expectations, but all three firms continue to view the stock favorably. UBS Adjusts Price Target on Builders FirstSource
Negative Sentiment: Underlying results weakened year over year: net sales declined 2.2%, GAAP net income fell to $60.4 million from $122.4 million, gross profit dropped 10.6%, and gross margin contracted 260 basis points to 27.8%. These figures highlight continued pressure from the housing slowdown. Builders FirstSource Q3 Net Income Falls

About Builders FirstSource

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Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.