BLDR Price Prediction Next Week
Analysis and Insights
To predict the stock price of Builders FirstSource (BLDR) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
Builders FirstSource (BLDR) is currently trading at $134.8 as of 2025-03-10. The stock is showing signs of being oversold, with RSI values of 35.08 (RSI_6), 33.42 (RSI_12), and 34.04 (RSI_14). The MACD is at -6.50, indicating bearish momentum, while the Stochastic Oscillator shows the K line at 23.17 and D line at 17.45, both in oversold territory.
News Sentiment and Analyst Ratings:
Recent news indicates mixed sentiment. Stifel Nicolaus maintains a Buy rating with a price target of $156, while Barclays also holds a Buy rating. However, Zacks has added BLDR to their Strong Sell list due to downward earnings revisions. The company's latest earnings report showed a decline in revenue and net profit compared to last year.
Fibonacci Levels:
The Fibonacci levels indicate a pivot point at $135.84, with resistance at $141.91 and $145.65, and support at $129.77 and $126.03.
Prediction and Recommendation:
Given the oversold conditions and mixed analyst sentiment, the stock may experience a slight rebound but is likely to remain under pressure. Predicting the stock price for the next trading week, we expect it to trade around $132.50. Considering the bearish momentum and mixed news, the recommendation is to Sell, as the stock may decline further towards the lower Fibonacci support levels.
BLDR Similar Chart Price Prediction
The price of BLDR is predicted to go up -24.89%, based on the high correlation periods with MTZ. The similarity of these two price pattern on the periods is 98.86%.
BLDR
MTZ
Down: -24.89%Similarity: 98.86%
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BLDR Analyst's Forecast
Ketan Mamtora
BMO Capital
Hold
2025-02-24
Price Target
$175 → $168
Upside
+21.37%
BMO Capital analyst Ketan Mamtora lowered the firm's price target on Builders FirstSource to $168 from $175 and keeps a Market Perform rating on the shares after its Q4 results and guidance. The risk/reward on the stock is starting to look more attractive, but the housing backdrop is choppy, and if housing demand remains soft over the next few quarters, industry pricing competition could intensify, the analyst tells investors in a research note.
Jeffrey Stevenson
Loop Capital
Strong Buy
2025-02-24
Price Target
$205 → $190
Upside
+37.27%
W. Andrew Carter
Stifel
Strong Buy
2025-02-24
Price Target
$175 → $156
Upside
+12.7%
