Louisiana-Pacific (LPX): Is the Market Missing Its Siding Transformation?
Louisiana-Pacific (LPX) reported mixed Q2 results, with SmartSide siding revenue up 50% despite a 12% overall revenue decline. The company is investing heavily in its ExpertFinish siding line, which grew in volume. LPX trades at 19.08x forward earnings, with analysts expecting a rebound. Management anticipates siding growth to continue in Q3. The stock has lost nearly half its value since November 2024, with an average price target of $92.




