Here’s how much lumber Southern California will need to rebuild after the wildfires
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
0mins
Source: MarketWatch
Wildfires Impact: The Palisades, Eaton, and Hurst wildfires in Southern California have destroyed over 12,000 structures, indicating a potential increase in lumber demand for rebuilding efforts.
Market Implications: Experts suggest that the rebuilding process will significantly drive demand for building materials, particularly lumber, due to its essential role in construction.
Analyst Views on BLDR
Wall Street analysts forecast BLDR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLDR is 124.28 USD with a low forecast of 109.41 USD and a high forecast of 150.00 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
6 Buy
7 Hold
1 Sell
Moderate Buy
Current: 125.250
Low
109.41
Averages
124.28
High
150.00
Current: 125.250
Low
109.41
Averages
124.28
High
150.00
About BLDR
Builders FirstSource, Inc. is a supplier of building products, prefabricated components, and value-added services to the professional market segment for new residential construction and repair and remodeling. It provides customers with an integrated homebuilding solution, offering manufacturing, supply, delivery and installation of a full range of structural and related building products. Its product categories include Manufactured Products; Windows, Doors and Millwork; Specialty Building Products and Services, and Lumber and Lumber Sheet Goods. It serves customers from distribution and manufacturing facilities (some of which are co-located) that produce value-added products such as roof and floor trusses, wall panels, stairs, vinyl windows, custom millwork and pre-hung doors. It also distributes dimensional lumber and lumber sheet goods, millwork, windows, interior and exterior doors, and other specialty building products. It operates in 43 states with approximately 585 locations.
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.
