Analyst Consensus ?
ConsensusHold44 ratings
Bullish2250.0%
Neutral2147.7%
Bearish12.3%
Builders FirstSource, Inc. · BLDR · FY2025 Q1 · Calendar Q2 2025
Builders FirstSource Maintains Outlook Amid Housing Pressure
The call supports a mixed view: operational savings, digital adoption, value-added products, and M&A provide resilience, but weaker housing starts, margin pressure, tariffs, and leverage challenge the case for durable growth.
Reported Before market openNYSEBasic Materials
$5.69B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.35
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $3.66B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-6.4%
Event window
SPY move
+0.7%
Same window
Abnormal move
-7.1%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
-3.8%
Up to 20 sessions
BLDRSPY benchmark
Ask FN2 about BLDR FY2025 Q1
Transcript, numbers and history already loaded
What drove BLDR's -6.4% move after FY2025 Q1 earnings?What changed in BLDR's guidance and outlook in FY2025 Q1?Give me the bull and bear case for BLDR after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the company reported lower Q1 sales and greater visibility into tariff costs and margin pressure, while digital sales increased to $153 million and acquisitions broadened its footprint. Guidance sentiment remained maintained.
Guidance delta
Management maintained its 2025 outlook; the analysis cites net sales of $16.05-$17.05 billion, adjusted EBITDA of $1.7-$2.1 billion, and gross margin of 29%-31%.
Key takeaways
- Q1 sales declined amid lower housing starts, while $17 million of productivity savings and digital adoption offset some pressure.
- M&A expanded geographic coverage and product mix, while value-added products and installation services remained growth priorities.
- Management maintained guidance but highlighted gross-margin pressure and an annual tariff cost impact of $175 million-$250 million.
Management priorities
- Modernize operations through a single ERP platform with approximately $140 million of investment
- Expand BFS digital tools and value-added products, including installation services
- Pursue high-return acquisitions while managing leverage and continue the $500 million share-repurchase program
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$52.85Current
$62Low
$109.79Average
$230High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 11, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Truist Securities | Buy | Buy | Maintain | Oct 8, 2026 |
| RBC Capital | Sector Perform | Outperform | Downgrade | Oct 7, 2026 |
| StoneX | Buy | Buy | Maintain | Oct 1, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Sep 11, 2026 |
| UBS | Buy | Buy | Maintain | Jul 31, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Jul 31, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 31, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Jul 28, 2026 |
| Stifel | Hold | Hold | Maintain | Jul 23, 2026 |
| Benchmark | Buy | Buy | Maintain | Jul 23, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Jul 13, 2026 |
| DA Davidson | Neutral | Neutral | Maintain | May 1, 2026 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | Apr 27, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | Apr 20, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Apr 13, 2026 |
| Baird | Neutral | Neutral | Maintain | Feb 18, 2026 |
| Jefferies | Hold | Buy | Downgrade | Dec 15, 2025 |
| Zelman & Assoc | Neutral | Underperform | Upgrade | Oct 31, 2025 |
| Wedbush | Neutral | Outperform | Downgrade | Sep 15, 2025 |
| Raymond James | Outperform | Outperform | Maintain | May 2, 2025 |
| Loop Capital | Buy | Buy | Maintain | Apr 14, 2025 |
| Cantor Fitzgerald | Neutral | Overweight | Downgrade | Feb 21, 2025 |
| B. Riley Securities | Buy | Buy | Maintain | Aug 7, 2024 |
| Deutsche Bank | Buy | Buy | Maintain | Jul 12, 2023 |
| BTIG | Neutral | Buy | Downgrade | Aug 2, 2022 |
| Zelman | Sell | Sell | Maintain | Jul 8, 2021 |
| B. Riley FBR | Buy | Neutral | Upgrade | Aug 3, 2020 |
| Evercore ISI Group | In Line | Outperform | Downgrade | Jun 5, 2020 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | Apr 16, 2020 |
| Buckingham Research | Neutral | Neutral | Maintain | Aug 7, 2019 |
| Buckingham | Neutral | Neutral | Maintain | Feb 25, 2019 |
| Stifel Nicolaus | Buy | Buy | Maintain | Aug 9, 2018 |
| MKM Partners | Neutral | Neutral | Maintain | Jun 28, 2018 |
| Citigroup | Neutral | Neutral | Maintain | Nov 10, 2017 |
| B. Riley | Buy | Buy | Maintain | Nov 10, 2017 |
| Seaport Global | Buy | Buy | Maintain | Nov 22, 2016 |
| FBR Capital | Outperform | Outperform | Maintain | Jun 1, 2016 |
| Credit Suisse | Neutral | Neutral | Maintain | Oct 8, 2015 |
| William Blair | Market Perform | Outperform | Downgrade | May 6, 2015 |
| Sterne Agee | Buy | Neutral | Upgrade | Apr 15, 2015 |
| Gabelli & Co. | Buy | Hold | Upgrade | Apr 28, 2014 |
| Imperial Capital | In Line | Outperform | Downgrade | Feb 24, 2014 |
| Williams Capital | Buy | Buy | Maintain | Sep 28, 2012 |
| Sidoti & Co. | Buy | Buy | Maintain | Aug 20, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $52.85. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Truist Financial | Keuth Hughes | $70 | $53.55 | +32.5% | Oct 8, 2026 |
| RBC Capital | Mike Dahl | $62 | $56.22 | +17.3% | Oct 7, 2026 |
| UBS | Analyst unavailable | $85 | $55.07 | +60.8% | Oct 1, 2026 |
| Stifel Nicolaus | Andrew Carter | $65 | $56.76 | +23.0% | Sep 18, 2026 |
| Wells Fargo | Analyst unavailable | $63 | $58.97 | +19.2% | Sep 11, 2026 |
| BMO Capital | Ketan Mamtora | $80 | $75.86 | +51.4% | Aug 6, 2026 |
| D.A. Davidson | Kurt Yinger | $68 | $66.34 | +28.7% | Jul 31, 2026 |
| Deutsche Bank | Analyst unavailable | $66 | $65.71 | +24.9% | Jul 31, 2026 |
| UBS | Analyst unavailable | $88 | $66.01 | +66.5% | Jul 31, 2026 |
| Robert W. Baird | David Manthey | $75 | $66.01 | +41.9% | Jul 31, 2026 |
| Barclays | Matthew Bouley | $81 | $66.01 | +53.3% | Jul 31, 2026 |
| Oppenheimer | Analyst unavailable | $110 | $70.01 | +108.1% | Jul 23, 2026 |
| D.A. Davidson | Analyst unavailable | $100 | $69.38 | +89.2% | Jul 23, 2026 |
| Stifel Nicolaus | Andrew Carter | $70 | $71.03 | +32.5% | Jul 23, 2026 |
| KeyBanc | Analyst unavailable | $91 | $75.69 | +72.2% | Jul 13, 2026 |
| BMO Capital | Analyst unavailable | $93 | $75.58 | +76.0% | May 5, 2026 |
| Deutsche Bank | Analyst unavailable | $81 | $75 | +53.3% | May 4, 2026 |
| Robert W. Baird | David Manthey | $95 | $79.27 | +79.8% | May 1, 2026 |
| Truist Financial | Analyst unavailable | $115 | $78.97 | +117.6% | May 1, 2026 |
| Oppenheimer | Analyst unavailable | $121 | $79.29 | +128.9% | May 1, 2026 |
| KeyBanc | Jeffrey Hammond | $100 | $79.09 | +89.2% | May 1, 2026 |
| Raymond James | Analyst unavailable | $100 | $79.09 | +89.2% | May 1, 2026 |
| Barclays | Analyst unavailable | $93 | $79.09 | +76.0% | May 1, 2026 |
| Stephens | Analyst unavailable | $100 | $90.05 | +89.2% | Apr 27, 2026 |
| Robert W. Baird | David Manthey | $125 | $114.63 | +136.5% | Feb 18, 2026 |
| Wells Fargo | Sam Reid | $120 | $128.42 | +127.1% | Feb 11, 2026 |
| D.A. Davidson | Analyst unavailable | $111 | $113.92 | +110.0% | Feb 2, 2026 |
| Stephens | Analyst unavailable | $137 | $126.79 | +159.2% | Jan 20, 2026 |
| Barclays | Analyst unavailable | $136 | $126.38 | +157.3% | Jan 15, 2026 |
| RBC Capital | Mike Dahl | $111 | $111.29 | +110.0% | Jan 9, 2026 |
| UBS | Analyst unavailable | $143 | $108.22 | +170.6% | Jan 6, 2026 |
| Jefferies | Analyst unavailable | $110 | $108.46 | +108.1% | Dec 15, 2025 |
| Barclays | Analyst unavailable | $123 | $110.01 | +132.7% | Dec 8, 2025 |
| D.A. Davidson | Analyst unavailable | $115 | $113.69 | +117.6% | Nov 3, 2025 |
| UBS | Analyst unavailable | $166 | $111.69 | +214.1% | Oct 31, 2025 |
| Robert W. Baird | Analyst unavailable | $135 | $113.38 | +155.4% | Oct 31, 2025 |
| Barclays | Analyst unavailable | $124 | $111.69 | +134.6% | Oct 31, 2025 |
| Vertical Research | Analyst unavailable | $109.41 | $122.54 | +107.0% | Oct 20, 2025 |
| KeyBanc | Analyst unavailable | $145 | $121.25 | +174.4% | Oct 1, 2025 |
| Wedbush | Jay McCanless | $145 | $140.17 | +174.4% | Sep 15, 2025 |
| D.A. Davidson | Kurt Yinger | $125 | $128.18 | +136.5% | Aug 4, 2025 |
| Oppenheimer | Tyler Batory | $155 | $135.12 | +193.3% | Jul 10, 2025 |
| BMO Capital | Ketan Mamtora | $135 | $111.86 | +155.4% | May 5, 2025 |
| Robert W. Baird | David Manthey | $130 | $114.13 | +146.0% | May 2, 2025 |
| B.Riley Financial | Alex Rygiel | $220 | $181.47 | +316.3% | Nov 6, 2024 |
| D.A. Davidson | Steven Chercover | $175 | $181.47 | +231.1% | Nov 6, 2024 |
| Barclays | Matthew Bouley | $211 | $196.73 | +299.2% | Oct 9, 2024 |
| Loop Capital Markets | Jeffrey Stevenson | $230 | $201.83 | +335.2% | Sep 20, 2024 |
| Oppenheimer | Tyler Batory | $225 | $195.02 | +325.7% | Sep 18, 2024 |
| Truist Financial | Keuth Hughes | $220 | $183.3 | +316.3% | Sep 16, 2024 |
| Loop Capital Markets | Jeffrey Stevenson | $190 | $155.73 | +259.5% | Aug 7, 2024 |
| Robert W. Baird | David Manthey | $190 | $155.73 | +259.5% | Aug 7, 2024 |
| Oppenheimer | Tyler Batory | $230 | $167.49 | +335.2% | Jul 29, 2024 |
| RBC Capital | Mike Dahl | $206 | $149.97 | +289.8% | Jun 6, 2024 |
| Robert W. Baird | David Manthey | $185 | $162.69 | +250.0% | May 29, 2024 |
| Stifel Nicolaus | Stanley Elliott | $217 | $162.62 | +310.6% | May 7, 2024 |
| Barclays | Matthew Bouley | $240 | $202.77 | +354.1% | Apr 4, 2024 |
| Deutsche Bank | Analyst unavailable | $90 | $69.16 | +70.3% | Jan 11, 2023 |
| Robert W. Baird | David Manthey | $100 | $69.88 | +89.2% | Aug 16, 2022 |
| Truist Financial | Analyst unavailable | $85 | $72.11 | +60.8% | Aug 2, 2022 |
| Truist Financial | Keith Hughes | $90 | $60.42 | +70.3% | Apr 27, 2022 |
| Benchmark Co. | Reuben Garner | $125 | $76.48 | +136.5% | Dec 8, 2021 |
| Wedbush | Jay McCanless | $85 | $65.4 | +60.8% | Nov 4, 2021 |
| Stephens | Trey Grooms | $65 | $49.7 | +23.0% | Aug 17, 2021 |
| Stifel Nicolaus | Stanley Elliott | $69 | $47.29 | +30.6% | Aug 6, 2021 |
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Start freeCompany context
Snapshot as of publicationBuilders FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. Its products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The company was founded by Kevin P. O'Meara, Donald F. McAleenan and John D. Roach in March 1998 and is headquartered in Irving, TX.
Historical context
All BLDR earningsBasic Materials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| RPM RPM International Inc. | FY2027 Q1 · Calendar Q4 2026 | +1.5% | +3.2% | RPM posts record quarter, but input costs narrow the outlook |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-17T00:02:52.217204+00:00
- Polygon adjusted daily market bars · 2026-10-11T00:40:43.728892+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-11T00:40:43.726155+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-11. For educational purposes only; not investment advice.