Installed Building Products

IBP · NYSE

$189.37+$7.33 (+4.03%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $182.04

IBP analyst rating

HoldConsensus of 12 analysts over the last 12 months. 17% rate it a buy.

Strong buy0
Buy2
Hold9
Underperform1
Sell0

12-month price target · 13 analysts

Average $248.88 (+31.4% upside)

Low: $202.00
Now: $189.37
High: $311.85

Upgrades and downgrades

The latest rating actions, newest first

IBP analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Oct 16, 2026	Maintains	Equal-Weight	$240.00 → $195.00	47%
Goldman Sachs	Oct 12, 2026	Maintains	Buy	$297.00 → $257.00	45%
Truist Securities	Oct 8, 2026	Maintains	Hold	$200.00 → $160.00	53%
RBC Capital	Oct 7, 2026	Maintains	Sector Perform	$228.00 → $208.00	59%
Melius Research	Oct 6, 2026	Initiates	Hold	$217.00	—
Evercore ISI Group	Sep 25, 2026	Maintains	In-Line	$246.00 → $222.00	49%
Stifel	Sep 15, 2026	Initiates	Buy	$240.00	26%
Wells Fargo	Sep 11, 2026	Maintains	Equal-Weight	$245.00 → $240.00	47%
DA Davidson	Aug 10, 2026	Maintains	Neutral	$242.00 → $250.00	60%
Evercore ISI Group	Aug 7, 2026	Maintains	In-Line	$226.00 → $246.00	49%

The case for and against

Updated Oct 18, 2026

Bull case

Installed Building Prods is supported by a combination of resilient operating performance, disciplined capital allocation, and attractive long-term industry tailwinds that reinforce a positive fundamental outlook. The company beat 2Q expectations with adj. EPS of $2.91 and adj. EBITDA of $131M, while management’s 2026 and 2027 EBITDA forecasts were modestly raised on incremental deal contributions and better price realization, and installation margins remained solid despite a 60bp decline in segment gross margin. Its roughly 30%-35% share in new residential insulation, ~18% average T5-year ROIC, and ability to more than double EPS and FCF per share since new residential construction peaked in 2021 underscore durable execution and pricing power.

Bear case

Installed Building Prods is viewed cautiously because its revenue is highly exposed to cyclical new residential construction, residential R&R, and commercial construction, leaving demand vulnerable to broader economic softening. The outlook is further pressured by pricing volatility, competitive intensity, and balance-sheet leverage, while downward revisions to full-year EPS and EBITDA to $10.12 and $481M reflect moderated volume expectations and same-branch volumes of -4% y/y. Although 1Q gross margin stayed within the targeted 32%-34% range, higher administrative expenses, mix headwinds, and price pressure in the production/entry-level builder segment suggest limited earnings resilience.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.