Simpson Manufacturing Company, Inc. Stock 12‑Month Price Target Raised to $217.4, Implies 19% Upside

Simpson (SSD) stock rose 4.4% after reporting Q3 2026 net sales of $638.1M (+2.3% YoY), income from operations of $141.0M (+0.2% YoY), and EPS of $2.68 (+3.9% YoY). The company also announced a new $1.0B share repurchase program. Shares closed at $191.87, up 5.5% from the previous close.

DA Davidson kept a Neutral rating on Simpson Manufacturing Co with a $203 price target, suggesting an 11.5% upside from the last close. The company reported strong Q3 results but expects weaker Q4 volume and margin pressures, prompting the neutral stance.

Stephens reduced its price target on Simpson Manufacturing (NYSE:SSD) to $205 from $215, citing margin pressure from higher raw material and freight costs. The company beat Q3 earnings and revenue estimates but reported lower gross margins. SSD raised its full-year operating margin guidance and authorized a $1 billion share repurchase program. Management expects Q4 margins to be weaker due to higher steel costs and a softer housing backdrop in 2027.

Simpson Manufacturing (SSD) reported Q3 2026 net sales up 2.3% YoY to $638.1M, with adjusted EBITDA rising 7.4% to $167.2M. North America sales grew 3.8%, while Europe declined 3.4%. The company lowered full-year operating margin guidance to 20.0-20.5% due to cost pressures. The board approved a $1B share repurchase program. Steel cost inflation and softer demand in retail and Europe were noted challenges.

Simpson (SSD) reported Q3 2026 revenue of $638.1M, up 2.3% YoY, and adjusted EPS of $2.68, beating estimates. Management cited pricing actions and cost controls for margin support. The company expects steel and freight cost pressures but aims to maintain 20% operating margins. European sales declined due to volume drops and currency effects. SSD trades at $181.80.

Simpson Manufacturing (SSD) reported Q3 2026 net sales of $638.1M, up 2.3% YoY, driven by pricing. Global volumes were flat, but North American sales rose 3.8%. Residential volumes grew slightly despite housing market softness, while commercial and OEM businesses saw high single to double-digit growth. European sales declined 3.4% YoY due to market conditions and currency effects. Gross margin fell 40 bps to 45.7% due to higher material and freight costs.