Wells Fargo cuts target for Installed Building Products stock to USD 195.00

Published on 10/17/2026 at 18:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 777.80 million. Installed Building Products stock stood at USD 185.77 on October 16, 2026, down 1.15 percent versus its prior close.

Analyst target and quarterly figures

Wells Fargo lowered its target to USD 195.00 on October 16, 2026.
Second-quarter 2026 revenue reached USD 777.80 million.
Installed Building Products stock was last at USD 185.77 on October 16, 2026 at 4:00 p.m. ET, down 1.15 percent versus the prior close.
Third-quarter 2026 results are estimated for November 4, 2026.

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Wells Fargo lowered its price target for Installed Building Products to USD 195.00 from USD 240.00 on October 16, 2026, while maintaining an Equal Weight rating. The revised target sits 4.97 percent above the last NYSE price of USD 185.77. Installed Building Products was last at USD 185.77 on October 16, 2026 at 4:00 p.m. ET, down 1.15 percent versus the prior close.

Target cut narrows the valuation gap

According to MarketBeat, Wells Fargo reduced the target from USD 240.00 to USD 195.00 and kept its Equal Weight rating in an October 16 research report. The new target is 5.00 percent higher than the last price when calculated from the rounded source values, leaving a narrower gap than the earlier USD 240.00 target.

MarketBeat also reported two Buy ratings, eleven Hold ratings and one Sell rating in its October 16 overview. Its consensus target was USD 230.75, which is 24.21 percent above the last price, although the consensus figure is a separate measure from Wells Fargo's target.

Second-quarter revenue reached USD 777.80 million

Installed Building Products reported USD 777.80 million in revenue for the second quarter of 2026, up 2.30 percent from the same quarter a year earlier. Net income attributable to common shareholders was USD 64.90 million, while diluted earnings per share came to USD 2.43 for the period. These figures were reported by MarketBeat in its October 16 company overview.

Price stays below the yearly high

The last NYSE price of USD 185.77 stood 46.77 percent below the 52-week high of USD 349.00 and 5.46 percent above the 52-week low of USD 176.15. MarketBeat listed a price-to-earnings ratio of 19.87 and a quarterly dividend of USD 0.39 in its October 16 market overview. The finance quote placed market capitalization at USD 4.9 billion on October 16, 2026.

Results date remains the next calendar marker

Nasdaq estimated that Installed Building Products will report third-quarter 2026 results on November 4, 2026, before the market opens. The page also listed a consensus earnings-per-share estimate of USD 2.74 and prior-year earnings per share of USD 3.04 for the quarter.

Comparison with peers

Installed Building Products: minus 1.15 percent, P/E 19.87, market capitalization USD 4.9 billion

Owens Corning (NYSE, USD): minus 0.78 percent, P/E minus 13.84, market capitalization USD 8.9 billion

TopBuild (NYSE, USD): minus 1.45 percent, P/E 19.94, market capitalization USD 10.0 billion

NYSE price and investor context

Installed Building Products combines insulation installation with complementary services including waterproofing, fire-stopping, garage doors, gutters and closet systems. Its second-quarter revenue of USD 777.80 million compares with USD 660.50 million in the first quarter of 2026, while operating margin increased from 9.00 percent to 12.00 percent across those reported quarters.

The last NYSE price was USD 185.77 on October 16, 2026 at 4:00 p.m. ET, down 1.15 percent versus the prior close of USD 187.94. The further course of trading is shown by the continuously updated real-time quote of Installed Building Products stock.