Comfort Systems USA Inc experienced a price decline of 5.73%, crossing below the 5-day SMA, amid a generally positive market with the Nasdaq-100 up 0.26% and the S&P 500 up 0.08%.
The decline in stock price comes despite the company reporting a remarkable 35% revenue growth in Q3, driven by strong demand in the HVAC services sector and a record backlog of $9.38 billion, which grew 62% year-over-year. This performance highlights the company's solid market position and effective acquisition strategy, including the purchase of Feyen Zylstra and Meisner Electric, which has bolstered its competitive edge.
The implications of this revenue growth and backlog suggest that Comfort Systems USA is well-positioned for future success, even as its stock faces downward pressure in the short term, indicating a potential sector rotation as investors reassess their positions.
Wall Street analysts forecast FIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FIX is 1163 USD with a low forecast of 1140 USD and a high forecast of 1200 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast FIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FIX is 1163 USD with a low forecast of 1140 USD and a high forecast of 1200 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 1160.380
Low
1140
Averages
1163
High
1200
Current: 1160.380
Low
1140
Averages
1163
High
1200
Stifel
Buy
maintain
2026-01-26
New
Reason
Stifel
Price Target
AI Analysis
2026-01-26
New
maintain
Buy
Reason
Stifel raised the firm's price target on Comfort Systems USA to $1,196 from $1,155 and keeps a Buy rating on the shares. The firm sees opportunity for its electrical and mechanical contractor coverage to outperform consensus expectations in Q4, noting that its survey work found that overall activity improved sequentially and was ahead of expectations, the analyst tells investors.
UBS
Joshua Chan
Buy
maintain
$875
2025-10-27
Reason
UBS
Joshua Chan
Price Target
$875
2025-10-27
maintain
Buy
Reason
UBS analyst Joshua Chan raised the firm's price target on Comfort Systems USA to $1,140 from $875 and keeps a Buy rating on the shares. Comfort Systems posted a strong Q3, with backlog increasing sequentially by more than $1B for the second consecutive quarter, the analyst tells investors in a research note. The strong results and even stronger backlog expansion indicate a robust demand pipeline of technology and manufacturing projects which continues to exceed a constrained labor supply, the firm says.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for FIX
Unlock Now
Stifel
Buy
maintain
$917
2025-10-24
Reason
Stifel
Price Target
$917
2025-10-24
maintain
Buy
Reason
Stifel raised the firm's price target on Comfort Systems USA to $1,069 from $917 and keeps a Buy rating on the shares. The firm notes Q3 revenue was above expectations and +35% year-over-year. Organic appears to be driven by pricing but also significant hiring, Stifel adds. Comfort Systems sees Q4 2025 same-store revenue increasing in the high-teens and 2026 is expected to grow in the low-to-mid teens with faster growth in the first half of 2026.
UBS
Buy
maintain
$710 -> $875
2025-09-15
Reason
UBS
Price Target
$710 -> $875
2025-09-15
maintain
Buy
Reason
UBS raised the firm's price target on Comfort Systems USA to $875 from $710 and keeps a Buy rating on the shares. The tone of recent meetings with COO Trent McKenna and CAO Julie Schaeff was bullish, with management indicating that the project environment remains robust as bookings move into late-2026 for traditional construction and mid-2027 for modular, the analyst tells investors in a research note. Comfort Systems is well-positioned to benefit from the strong demand backdrop given also the structural skilled labor shortage in the U.S.
About FIX
Comfort Systems USA, Inc. is a provider of commercial, industrial and institutional heating, ventilation, air conditioning (HVAC) and electrical contracting services. The Company operates through two segments: Mechanical and Electrical. The Mechanical segment includes HVAC, plumbing, piping, and controls, as well as off-site construction, monitoring and fire protection. It also installs connecting and distribution elements, such as piping and ducting. The Electrical segment includes installation and servicing of electrical systems. It builds, installs, maintains, repairs and replaces mechanical, electrical and plumbing (MEP) systems throughout its 47 operating units with 178 locations in 136 cities across the nation. It is engaged in offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power and industrial sectors. It also provides mechanical construction services to the commercial and industrial sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
