
TopBuild (BLD) Stock Forecast & Price Target
TopBuild (BLD) Analyst Ratings
Bulls say
TopBuild Corp has raised its full-year sales and EBITDA outlook, bolstered by the contributions from recent acquisitions, particularly SPI, which closed in early October. The company anticipates significant EBITDA improvements, projecting an incremental increase of $65M-$75M from SPI and $40M-$50M from Progressive Roofing by 2026, indicating a strong potential for growth in both the installation and specialty distribution segments. Furthermore, healthy bidding activity and growing backlogs in commercial and industrial markets offer positive visibility for future expansion, mitigating any near-term pressures in the residential sector.
Bears say
TopBuild Corp's financial outlook is negatively impacted by a decline in sales within both the installation and specialty distribution segments, with installation segment sales falling 8% year-over-year alongside a 9% drop in same-store residential markets. The EBITDA margin for the installation segment experienced a slight increase, yet the specialty distribution segment saw a concerning decline of 150 basis points, exacerbated by a significant $12 million price/cost headwind. Furthermore, uncertainty in the residential market, particularly poor multi-family activity, raises concerns regarding future revenue growth and operating performance, suggesting challenges ahead for the company's financial stability.
This aggregate rating is based on analysts' research of TopBuild and is not a guaranteed prediction by Public.com or investment advice.
TopBuild (BLD) Analyst Forecast & Price Prediction
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