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BofA Retains a Neutral Rating on Builders FirstSource, Inc. (BLDR)
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Builders FirstSource, Inc. (NYSE:BLDR) is one of the 10 Best Housing Stocks to Buy in 2026. Builders FirstSource, Inc. (NYSE:BLDR) drew various target cuts in the month of April. On April 20, 2026, Bank of America trimmed its price target to $100 from $123. It retained a “Neutral rating” on the shares and stated that the firm expected first-quarter results near the low end of guidance for building products firms and reduced 2026 and 2027 EPS predictions by 4% and 3%. Earlier, on April 8, 2026, Wells Fargo dropped its price objective for Builders FirstSource, Inc. (NYSE:BLDR) to $87 from $120. It reiterated an Equal Weight rating on the stock. The firm says that housing equities have underperformed the SPX by 12 points since the Iran war began. Having said that, Wells believes the group is not entirely derisked for Q1, hence the firm is being choosy with its calendar reports. The corporation laid out its 2026 goals. It expects net sales of $14.8 billion-$15.8 billion and gross margins of 28.5%-30%. It also anticipates adjusted EBITDA of $1.3 billion-$1.7 billion, implying margins of 8.8%-10.8%, and free cash flow of around $0.5 billion. Builders FirstSource, Inc. (NYSE:BLDR) is a firm that supplies and manufactures building materials and manufactured components. It also offers construction services to professional homebuilders, subcontractors, remodelers, and homeowners. While we acknowledge the potential of BLDR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
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