<div id="readability-page-1"><div><p>(MT Newswires) -- Builders FirstSource's (BLDR) sales volumes may be challenged in the near term and into 2026 amid &#34;persistent&#34; new home inventories and lower lumber prices, Wedbush Securities said in a note Monday.</p><p> The brokerage said that the macro outlook for Builders' core sales channel of single family starts doesn't look &#34;promising&#34; for the remainder of 2025 and 2026.</p><p> The firm said that lumber prices have not risen following the increase in Canadian import duties as it anticipated, which &#34;may be a drag&#34; on Q3 results.</p><p> Wedbush downgraded its rating on the stock to neutral from outperform while maintaining a $145 price target.</p><p> Shares were down 1.5% in recent early trading.</p><p>Price: 140.63, Change: -2.10, Percent Change: -1.47</p></div></div>

BLDR

<p>Builders FirstSource (BLDR) faces near-term sales volume challenges due to persistent new home inventories and lower lumber prices, according to Wedbush Securities. The brokerage downgraded its stock rating to neutral from outperform, maintaining a $145 price target. The outlook for single-family starts remains unpromising for 2025 and 2026, and lumber prices have not increased as expected, potentially impacting Q3 results. Shares fell 1.5% in early trading, priced at $140.63.</p>

Builders FirstSource Faces Near-Term Challenging Sales Volumes, Wedbush Says