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$OC
Owens Corning
Owens Corning is a building products manufacturer based in Toledo, Ohio. Its products serve residential, commercial and industrial markets, including homeowners, builders, contractors, installers and distributors. The company has three segments: Roofing, Insulation and Doors. Roofing products include asphalt shingles, roofing components, composite lumber, processed asphalt, glass mat and specialty veil materials. Insulation offerings include thermal and acoustical products for residential and non-residential uses. Doors makes residential interior and exterior doors and door systems, components, and glass doors and window solutions for luxury homes. Owens Corning sells roofing products mainly through distributors, home centers and lumberyards in the United States. It sells insulation through installers, home centers, lumberyards, retailers and distributors in the United States, Canada, Europe and Latin America. Doors are sold through wholesale and retail channels in the United States, Canada and the United Kingdom, serving consumers, builders and contractors. The company makes products and earns sales from these building materials and systems.
BofA Securities reduced its price target for Owens Corning (NYSE:OC) to $145 from $155, citing weaker-than-expected shingle demand in Q3 2026. The stock trades at $114.26, with analysts seeing 29% upside. The Asphalt Roofing Manufacturers Association reported a 13.0% YoY decline in shingle shipments. BofA noted elevated cost inflation and adjusted earnings estimates. OC's Q2 2026 earnings beat expectations, but analysts have mixed ratings and targets.
Owens Corning (OC) closed at $113.69, up 2.18% on the day, outperforming major indices. The stock has fallen 12.11% over the past month. Analysts expect earnings of $2.98 per share and revenue of $2.6B for the upcoming quarter, both down year-over-year. The company has a Zacks Rank of #4 (Sell) and trades at a Forward P/E of 11.6.
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BofA Securities reduced its price target for Owens Corning (NYSE:OC) to $145 from $155, citing weaker-than-expected shingle demand in Q3 2026. The stock trades at $114.26, with analysts seeing 29% upside. The Asphalt Roofing Manufacturers Association reported a 13.0% YoY decline in shingle shipments. BofA noted elevated cost inflation and adjusted earnings estimates. OC's Q2 2026 earnings beat expectations, but analysts have mixed ratings and targets.
Owens Corning (OC) closed at $113.69, up 2.18% on the day, outperforming major indices. The stock has fallen 12.11% over the past month. Analysts expect earnings of $2.98 per share and revenue of $2.6B for the upcoming quarter, both down year-over-year. The company has a Zacks Rank of #4 (Sell) and trades at a Forward P/E of 11.6.
Analysts updated ratings and price targets for several companies. GoDaddy (GDDY) was downgraded by RBC to Sector Perform with a $95 target. Microsoft (MSFT) was downgraded by Phillip Securities to Neutral with a $515 target. T-Mobile (TMUS) was upgraded by Raymond James to Outperform with a $170 target. Other companies affected include HubSpot (HUBS), Palantir (PLTR), and Marathon Petroleum (MPC).
DA Davidson reduced its price target for Owens Corning (NYSE:OC) to $143 from $190 but kept a Buy rating. The stock trades at $113.75, below its Fair Value. The firm noted cyclical troughs in roofing, insulation, and doors but highlighted strong EBITDA margins. Owens Corning reported Q2 2026 earnings of $3.93 per share on $2.8B revenue, beating estimates. RBC downgraded OC to Sector Perform with a $127 target, citing roofing sector weaknesses.
Analysts updated ratings and price targets for several companies. Constellation Brands (STZ) was downgraded to hold with a target of $135. Etsy (ETSY) was downgraded to neutral with a target of $77. Micron (MU) was upgraded to outperform with a target of $1,202. Hilton (HLT) was upgraded to outperform with a target of $370. Other companies also received rating changes and target adjustments.
Owens-Corning Inc (OC) shares fell 4.3% to $114.68 on October 07, 2026, down 17.3% over the past month. The stock is trading within a 52-week range of $97.53 to $159.91. According to GuruFocus, OC is undervalued with a GF Value of $157.07, a 27.0% margin of safety. The company has a GF Score of 82/100, indicating strong performance relative to peers, but faces profitability challenges and insider selling.
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RBC downgraded Mohawk Industries (MHK), Builders FirstSource (BLDR), and Owens Corning (OC) due to expected headwinds in 2027. The firm lowered price targets and earnings estimates, citing higher rates, inflation, and weak housing starts. RBC prefers distributors over manufacturers and sees potential risks in the fourth quarter and 2027 for these stocks.
