Stifel Downgrades Installed Building Products to Hold, Raises Target to $225

Stifel downgraded Installed Building Products, Inc. (NYSE: IBP) to hold from buy before the open on Monday and raised its price target to $225 from $220.

Stifel is one of 12 firms that rated the stock in the past year. Before Monday, two of them rated it positive, nine neutral and one negative. The median price target across the 11 firms that set one was $217, with targets ranging from $180 to $259. Stifel's new $225 target is above that median.

IBP closed at $220.06 on Friday, Nov. 6, 2026. Over the 20 sessions to that close, the stock rose 18.7%.

Company figures

For the last fiscal year ended Dec. 31, 2025, the company reported revenue of $2.97 billion, up 1% from a year earlier, and net income of $265.4 million, up 3%. Diluted earnings per share were $9.71, compared with $9.10 a year earlier.

In the latest reported quarter, ended Sept. 30, revenue was $808.4 million, up 4% from a year earlier, while net income was $59.4 million, down 20%. Cash and equivalents stood at $415.9 million as of that date. Market capitalization before the filing was about $5.85 billion.

Recent filings

The company filed a 10-Q on Nov. 5, 2026, four days before the Stifel action. Earlier, on Oct. 27, it filed an 8-K covering a material definitive agreement and the creation of a direct financial obligation, 13 days before the action.