Analyst Ratings February 11, 2026

B.Riley Cuts Builders FirstSource Price Target to $22, Retains Buy Rating

Analysts remain divided as updated valuations and near-term uncertainty weigh on consensus

By Jordan Park BLDR
B.Riley Cuts Builders FirstSource Price Target to $22, Retains Buy Rating
BLDR

B.Riley has lowered its 12-month price target for Builders FirstSource (BLDR) from $29.00 to $22.00, a 24% reduction, while keeping a Buy rating. The firm updated its target on Wednesday, February 11, 2026. Builders FirstSource shares are trading at $125.16 and sit between analyst targets ranging from $95 to $150. Several other brokerages have also adjusted ratings and targets in recent weeks, underscoring mixed views on the company’s near-term outlook and exposure to housing market dynamics.

Key Points

  • B.Riley lowered its price target on Builders FirstSource to $22.00 from $29.00 (a 24% cut) while maintaining a Buy rating.
  • Builders FirstSource shares trade at $125.16 and sit between analyst targets ranging from $95 to $150; InvestingPro considers the stock slightly overvalued.
  • Other analysts have adjusted views: Jefferies downgraded to Hold and cut its target to $110.00; DA Davidson trimmed its target to $111.00 while staying Neutral; Wells Fargo initiated coverage at Equal Weight with a $115.00 target.

B.Riley has trimmed its price target on Builders FirstSource (NYSE: BLDR) to $22.00 from $29.00, a decrease of 24 percent, while maintaining a Buy rating on the shares. The firm issued the updated target on Wednesday, February 11, 2026; the available information does not state specific reasons for the reduction.

At present, Builders FirstSource shares are trading at $125.16. That level falls within the range of analyst price targets reported for the stock, which span from $95 to $150. InvestingPro analysis characterizes the stock as slightly overvalued at current prices relative to those targets.

Investors should be aware that Builders FirstSource is scheduled to report quarterly results in six days, on February 17, 2026. Ahead of that report, five analysts have lowered their earnings estimates for the upcoming period.

Builders FirstSource supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. Despite B.Riley’s reduction of its price target, the firm’s continued Buy rating indicates it still sees positive long-term potential for the company, according to the update accompanying the target change.

B.Riley’s revised target is described as the result of an updated valuation assessment grounded in the firm’s analysis of Builders FirstSource’s financial outlook and prevailing market conditions.


Other recent analyst moves illustrate a range of perspectives on the company’s near-term prospects. Jefferies downgraded its rating on Builders FirstSource from Buy to Hold, pointing to expectations for a soft start to 2026 and noting rising competition within the building materials sector. Jefferies also lowered its price target from $138.00 to $110.00.

DA Davidson adjusted its price target on the stock from $115.00 to $111.00 and kept a Neutral rating. That change was attributed by the firm to recent commodity price shifts and revised assumptions about Builders FirstSource’s 2026 outlook.

Wells Fargo began coverage of Builders FirstSource with an Equal Weight rating and a $115.00 price target. In its initiation, the firm acknowledged that the company could benefit from a recovery in housing starts but warned of near-term volatility and margin risks.

Taken together, the analyst updates - including the move by B.Riley and the actions by Jefferies, DA Davidson, and Wells Fargo - reflect differing assessments of Builders FirstSource’s trajectory and the sector conditions that will influence its performance.

Risks

  • Near-term volatility and margin risks in the building materials sector, as highlighted by Wells Fargo - impacts construction and building materials markets.
  • Potential for softer-than-expected demand at the start of 2026 and increased competition, cited by Jefferies as a reason for downgrading - impacts housing and builder-supplier dynamics.
  • Downward revisions to earnings estimates ahead of the February 17 earnings report, with five analysts cutting forecasts - impacts capital markets reaction to the company’s upcoming earnings release.

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