Barclays lowered the firm’s price target on Builders FirstSource (BLDR) to $93 from $114 and keeps an Overweight rating on the shares following the earnings report. The company’s gross margin is moving lower due to specialty segment pressure from builders de-content, competitive dynamics, and input cost inflation amid a challenged market backdrop, the analyst tells investors in a research note.
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Read More on BLDR:
- Builders FirstSource Earnings Call: Margins Hit, Cash Strong
- Analyst Maintains Buy on Builders FirstSource, Citing Depressed Valuation and Long-Term Margin Recovery Potential
- Builders FirstSource announces $500M share repurchase authorization
- Builders FirstSource reports Q1 EPS 27c, consensus 37c
- Builders FirstSource sees FY26 revenue $14.6B-$15.6B, consensus $14.9B