Owens Corning's stock rose by 5.49% today, reaching a 5-day high. This movement occurs amid a broader market context where the Nasdaq-100 is down 0.67% and the S&P 500 is down 0.04%.
The increase in Owens Corning's stock price comes despite the recent news that Paradiem, LLC sold 58,221 shares of the company, resulting in a valuation drop of $9.3 million. This sale indicates a weakening of institutional support, which could impact market confidence. The stock has been underperforming the S&P 500 significantly over the past year, highlighting competitive pressures in the building materials sector.
Investors are advised to exercise caution as the construction market remains sluggish, and Owens Corning's stock is trading near a five-year low. The recent price increase may reflect a sector rotation as investors seek opportunities in specific areas despite the overall market weakness.
Wall Street analysts forecast OC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OC is 135.42 USD with a low forecast of 113.00 USD and a high forecast of 163.00 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.
14 Analyst Rating
Wall Street analysts forecast OC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OC is 135.42 USD with a low forecast of 113.00 USD and a high forecast of 163.00 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.
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 120.570
Low
113.00
Averages
135.42
High
163.00
Current: 120.570
Low
113.00
Averages
135.42
High
163.00
RBC Capital
Outperform
to
NULL
downgrade
$145 -> $143
2026-01-09
Reason
RBC Capital
Price Target
$145 -> $143
AI Analysis
2026-01-09
downgrade
Outperform
to
NULL
Reason
RBC Capital lowered the firm's price target on Owens Corning to $143 from $145 and keeps an Outperform rating on the shares. Goldman remains cautious into early 2026, with housing affordability still challenging and R&R potentially inflecting later in the year, the analyst tells investors in a research note. Nonresidential markets are mixed, key risks include policy changes, rates, and tariffs, and the sector is expected to remain volatile, with homebuilders the most cautious, distribution favored, and building products OEMs offering relatively attractive valuations.
RBC Capital
Outperform
to
NULL
downgrade
$145 -> $143
2026-01-09
Reason
RBC Capital
Price Target
$145 -> $143
2026-01-09
downgrade
Outperform
to
NULL
Reason
RBC Capital lowered the firm's price target on Owens Corning to $143 from $145 and keeps an Outperform rating on the shares. RBC Capital remains cautious into early 2026, with housing affordability still challenging and R&R potentially inflecting later in the year, the analyst tells investors in a research note. Nonresidential markets are mixed, key risks include policy changes, rates, and tariffs, and the sector is expected to remain volatile, with homebuilders the most cautious, distribution favored, and building products OEMs offering relatively attractive valuations.
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Citi
Buy
downgrade
$137 -> $135
2026-01-08
Reason
Citi
Price Target
$137 -> $135
2026-01-08
downgrade
Buy
Reason
Citi lowered the firm's price target on Owens Corning to $135 from $137 and keeps a Buy rating on the shares. The firm updated estimates and targets in the homebuilding and building products group as part of its 2026 outlook. Citi continues to prefer heavy construction materials with exposure to infrastructure over the residential exposed names.
UBS
Buy
downgrade
$179 -> $160
2026-01-06
Reason
UBS
Price Target
$179 -> $160
2026-01-06
downgrade
Buy
Reason
UBS lowered the firm's price target on Owens Corning to $160 from $179 and keeps a Buy rating on the shares.
About OC
Owens Corning is a building products company. The Company's segments include Roofing, Insulation and Doors. The Company's Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components and composite lumber primarily used in residential construction. This segment also manufactures and sells glass mat and specialty veil materials used in building and construction applications. Its Insulation segment manufactures and sells thermal and acoustical batts, loose fill insulation, spray foam insulation, wet used chopped strand, foam sheathing and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications. The Company's Doors segment manufactures and sells interior and exterior doors and door systems primarily used in residential construction.
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.