Builders FirstSource (BLDR) Stock Forecast & Price Target

$194.60

+0.71 (+0.37%)

(As of 09/18/2024 ET)

Builders FirstSource - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 16 Analyst Ratings

Based on 16 Wall Street analysts who have issued ratings for Builders FirstSource in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 4 have given a hold rating, 11 have given a buy rating, and 1 has given a strong buy rating for BLDR.

Consensus Price Target

$185.86
-4.49% Downside

High Forecast	$225.00
Average Forecast	$185.86
Low Forecast	$150.00

According to the 16 analysts' twelve-month price targets for Builders FirstSource, the average price target is $185.86. The highest price target for BLDR is $225.00, while the lowest price target for BLDR is $150.00. The average price target represents a forecasted downside of -4.49% from the current price of $194.60.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$185.86	$180.47	$195.13	$149.69
Forecasted Upside	-4.49% Downside	15.91% Upside	19.95% Upside	19.06% Upside

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BLDR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BLDR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Builders FirstSource Stock vs. The Competition

Type	Builders FirstSource	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.81	2.49	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-4.49% Downside	38.38% Upside	7.94% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/18/2024	Oppenheimer 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$205.00 ➝ $225.00	+16.05%
9/16/2024	Truist Financial 1 of 5 stars	K. Hughes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$165.00 ➝ $220.00	+20.02%
8/9/2024	Jefferies Financial Group 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$205.00 ➝ $185.00	+20.84%
8/8/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$217.00 ➝ $195.00	+27.09%
8/7/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Manthey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
8/7/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$220.00 ➝ $200.00	+29.09%
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8/7/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$197.00 ➝ $187.00	+20.73%
8/7/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$188.00 ➝ $182.00	+17.50%
8/7/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$193.00 ➝ $178.00	+14.79%
8/7/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$185.00 ➝ $190.00	+22.01%
8/6/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$175.00	+12.37%
8/2/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$183.00 ➝ $180.00	+12.85%
6/17/2024	Zelman & Associates Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Baumgarten Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold
3/28/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$185.00	-11.88%
12/7/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$135.00 ➝ $150.00	+2.20%
11/2/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$175.00 ➝ $150.00	+23.67%
8/31/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$180.00	+24.10%
6/26/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/5/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$110.00 ➝ $138.00	+27.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:30 AM ET.

BLDR Forecast - Frequently Asked Questions

What is Builders FirstSource's forecast for 2024?: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Builders FirstSource is $185.86, with a high forecast of $225.00 and a low forecast of $150.00.
Should I buy or sell Builders FirstSource stock right now?: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Builders FirstSource in the last year. There are currently 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BLDR shares.
Does Builders FirstSource's stock price have much upside?: According to analysts, Builders FirstSource's stock has a predicted upside of 15.52% based on their 12-month stock forecasts.
Has Builders FirstSource been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, Builders FirstSource's stock had 3 upgrades and 1 downgrade by analysts.
What analysts cover Builders FirstSource?: Builders FirstSource has been rated by research analysts at B. Riley, Baird R W, Bank of America, Barclays, Benchmark, Jefferies Financial Group, Oppenheimer, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, Truist Financial, and Wedbush in the past 90 days.
Do Wall Street analysts like Builders FirstSource more than its competitors?: Analysts like Builders FirstSource more than other "retail/wholesale" companies. The consensus rating score for Builders FirstSource is 2.81 while the average consensus rating score for "retail/wholesale" companies is 2.51. Learn more on how BLDR compares to other companies.