Builders FirstSource, IncNYSE: BLDR
Industrials · Building Products
$75.93
-4.00%
Vol: 5.1M
Research Digest
Friday, May 1, 2026
Builders FirstSource reports Q1 loss; sales fell 10%; multiple analyst PT cuts
Builders FirstSource reported Q1 2026 sales of $3.3B (-10.1%), swinging to $47.4M loss vs. $0.84 EPS profit YoY. Gross margin fell 220bps to 28.3%; adj. EBITDA down 42% with margin down 360bps to 6.5%. CEO Jackson cited weak housing market. Company repurchased 3.3M shares for $302.9M and authorized additional $500M buyback. DA Davidson cut PT to $84, Truist to $115.
Previous Market Intelligence
13 daysApr 30Builders FirstSource beats Q1 revenue but cuts FY guidance, authorizes $500M buybackMixed▶
Builders FirstSource beat revenue expectations at $3.29B but sales fell 10.1% YoY with EPS down 82%. Company cut FY EBITDA guidance by $200M to $1.1-1.5B and announced $500M share repurchase. Weak demand in housing sector and commodity deflation pressured results and outlook.
Apr 16Builders FirstSource faces severe earnings headwinds; -72.9% EPS decline expected for Q1 2026Negative▶
Builders FirstSource reported significant headwinds heading into Q1 2026 earnings on April 30. The company is expected to post earnings of $0.41 per share, down 72.9% year-over-year, with sales declining 13.3%. Stock gained 2.9% on April 9 following Iran ceasefire optimism but remains down 22.37% over 52 weeks. Housing market weakness and institutional home buying ban proposals pressured the stock. Stock closed April 14 at $87.77.
Apr 15Builders FirstSource stock jumped 2.9% on April 9 as geopolitical ceasefire eased borrowing cost concerns for construction financing.Mixed▶
BLDR shares surged 2.9% after positive sentiment around a potential U.S.-Iran ceasefire, which lowered long-term borrowing costs critical for large construction projects. The stock had been under pressure, down 18.2% year-to-date and trading 42.7% below its September 2025 52-week high. BLDR is scheduled to report Q1 2026 earnings on April 30, 2026.
Apr 14Builders FirstSource stock jumps 2.9% on geopolitical ceasefire optimism and stable supply chain expectations.Positive▶
Builders FirstSource shares jumped 2.9% after traders grew optimistic that the US-Iran ceasefire could be sustained. Geopolitical stability reduces risk of supply chain disruptions. BLDR announced Q1 2026 earnings call for April 30. Goldman Sachs lowered price target to $110. Stock faces headwinds from institutional home buying ban but maintains analyst support.
Apr 13Builders FirstSource jumps 2.9% on Iran ceasefire optimism and reduced geopolitical risk.Positive▶
Builders FirstSource shares rose 2.9% on April 9-10 following optimism about U.S.-Iran ceasefire negotiations. The stock is down 18.2% year-to-date at $85.57. Barclays lowered price target to $114 from $124 but remains Buy. Earnings scheduled for April 30, 2026.
Apr 10Builders FirstSource rose 2.9% on Iran ceasefire optimism easing borrowing costs; Wells Fargo slashes PT to $87.Mixed▶
Builders FirstSource jumped 2.9% on April 9 following optimism over a two-week U.S.-Iran ceasefire which lowered long-term borrowing costs. Stock is down 18.2% YTD and 42.7% below 52-week high. Wells Fargo dropped PT from $120 to $87. RBC Capital maintained Outperform with $119 target. Barclays adjusted to $114. Q1 2026 earnings due April 30.
Apr 9Builders FirstSource receives RBC upgrade to Outperform despite Trump institutional buying ban concernsNeutral▶
Builders FirstSource upgraded to Outperform from Sector Perform at RBC with $119 price target on March 5. However, stock faces headwinds from President Trump's proposal to ban institutional home buying. Company missed Q4 earnings estimates with $1.12 EPS vs $1.30 consensus. RBC upgrade countered by Stifel price target cut to $93 from $115 on March 16.
Apr 8Builders FirstSource upgraded to Outperform at RBC Capital while facing Trump home buying ban headwindsMixed▶
Builders FirstSource reported Q4 2025 net sales of $3.4B (down 12.1%) with EPS of $0.28 as the company navigates headwinds from proposed institutional home buying restrictions. RBC upgraded to Outperform (March 5) while Stifel lowered price target to $93 from $115 (March 16). Q1 2026 earnings due April 30.
Apr 7No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 6Builders FirstSource announces acquisitions; Q4 missed estimates.Negative▶
BLDR announced acquisition of Builders Door & Trim and Rystin Construction (Las Vegas) with combined $48M trailing revenue, plus agreement for Alpine Lumber. Q4 2025 net sales $3.4B (down 12.1%) and EPS $0.28 missing estimates. Trump institutional housing ban concerns.
Apr 3Builders FirstSource falls 1.65% on April 1 amid continued weakness after weak Q4 earnings and cautious 2026 outlook.Negative▶
BLDR closed down 1.65% at $80.97 on April 1, extending declines from February earnings miss ($1.12 EPS vs. $1.30 consensus). Stifel cut price target from $115 to $93. Q1 2026 earnings expected April 30.
Apr 2Short interest in Builders FirstSource rises 18.4%; stock down 24.6% YTD amid housing weakness and margin pressure.Negative▶
Builders FirstSource reported Q4 2025 revenue decline of 12.1% YoY to $3.36B with guidance raise surprising analysts. However, short interest jumped 18.4% and stock is down 24.6% YTD. Stifel cut target from $115 to $93 with hold rating citing weak results. Wells Fargo raised target to $120 but rates cautious. Director Paul Levy bought 50,000 shares at $87.73 showing insider confidence.
Apr 1Builders FirstSource appoints new Chief Digital Officer; Q4 results miss amid housing headwinds.Negative▶
Builders FirstSource reported Q4 2025 net sales of $3.4B (down 12.1%) and EPS of $0.28. Appointed Gayatri Narayan as President of Technology and Digital Solutions. Director Paul Levy bought 50k shares at $87.73. RBC upgraded to Outperform.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| BLDRBUILDERS | $75.93 | -4.00% | -3.6% | 10.9x | 1.64 | $8.5B |
| TTTRANE | $486.46 | -1.23% | +14.3% | 29.2x | 1.21 | $108.9B |
| JCIJOHNSON | $145.42 | -0.42% | +9.2% | 26.2x | 1.40 | $89.4B |
| CARRCARRIER | $67.76 | +0.88% | +20.8% | 21.2x | 1.32 | $56.1B |
| LIILENNOX | $528.11 | -1.27% | +17.9% | 20.1x | — | $18.6B |
| MASMASCO | $71.37 | -0.63% | +20.3% | 15.3x | 1.29 | $14.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.