Truist Securities has raised its price target for SiteOne Landscape Supply to $200.00 from $165.00, while retaining a Buy rating on the shares. At the time of the change, the new target equates to roughly a 23 percent increase over the recent share price of $162.52. Market metrics cited alongside the action show the stock trading at a price-to-earnings ratio of 52.3.
SiteOne shares advanced about 7 percent after the company published fourth-quarter 2025 results that outperformed the street on an EPS basis. Over the same short window, the S&P 500 was essentially flat, underscoring that the move was driven by company-specific news.
In its review of SiteOne’s results, Truist highlighted that the company’s guidance for 2026 came in line with market expectations. The firm pointed to EBITDA expansion in 2025 as a consequence of two dynamics: an end to deflationary pressures and the implementation of internal initiatives. Truist also projects additional EBITDA growth in 2026.
Despite the recent uptick, Truist acknowledged that the stock has climbed to the upper boundary of a four-year trading band. The analyst team nevertheless indicated that further recovery in the share price is possible, though they cautioned that future gains could be harder to achieve without supportive broader market conditions.
From a balance sheet perspective, SiteOne is presented as financially stable in Truist’s commentary. The company carries a market capitalization of $7.24 billion and a current ratio of 2.49, signaling ample short-term liquidity as it pursues growth opportunities.
On the company’s reported quarterly results, SiteOne posted an earnings per share of $-0.20 for the fourth quarter of 2025, narrowly beating analysts’ consensus of $-0.21. Revenue for the quarter totaled $1.05 billion, which matched expectations. The financial release and these outcomes drew a positive reception among investors, with pre-market trading showing optimistic activity.
Truist’s note emphasized the sources of recent EBITDA improvement and the outlook for continued growth, while also situating the stock’s valuation and technical position within the context of the broader market. Observers and investors will likely watch upcoming periods for confirmation of the EBITDA trajectory and for how market-wide conditions influence the potential for further share price appreciation.
Key points
- Truist raised its SiteOne price target to $200 from $165 and kept a Buy rating, implying about 23 percent upside from $162.52.
- Q4 2025 results included an EPS of $-0.20 (vs $-0.21 expected) and revenue of $1.05 billion, in line with estimates; shares rose roughly 7 percent after the announcement.
- Truist cited EBITDA growth in 2025 driven by the end of deflation and internal initiatives, and expects further EBITDA gains in 2026; guidance for 2026 was consistent with market views.
Risks and uncertainties
- Valuation risk - the stock is trading at a high reported P/E of 52.3, which may limit upside absent earnings improvement or multiple expansion.
- Market sensitivity - Truist notes that additional share price gains could be more difficult without broader market support, indicating dependence on general equity market conditions.
- Sector conditions - SiteOne operates amid mixed signals in the construction sector, which could affect demand and future results.