Boise Cascade stock price target lowered to $100 at BMO Capital

Investing.com - BMO Capital lowered its price target on Boise Cascade Company (NYSE:BCC) to $100.00 from $108.00 on Tuesday, while maintaining a Market Perform rating on the stock. The company, currently trading at $85.12, near its 52-week low of $80.01, has seen its stock decline 27.89% year-to-date. According to InvestingPro data, six analysts have recently revised their earnings expectations downward.

The price target reduction follows Boise Cascade’s downward revision of its third-quarter consolidated EBITDA guidance to $60-80 million from the previous $80-100 million, representing a 22% decrease at the midpoint.

BMO Capital noted that most of the guidance reduction stems from the company’s Wood Products segment, with key issues being weaker-than-expected engineered wood products (EWP) volumes and prices.

The firm also highlighted that the sales pace in Boise Cascade’s Distribution segment is performing modestly below prior expectations.

BMO Capital indicated the guidance reduction has potential readthrough implications for other companies in the sector, specifically mentioning Weyerhaeuser and Builders FirstSource.

In other recent news, Boise Cascade reported its second-quarter 2025 earnings, which fell short of expectations. The company announced an earnings per share (EPS) of $1.64, missing the anticipated $1.74. Additionally, revenue was slightly below forecasts at $1.74 billion compared to the expected $1.75 billion. Despite these results, analysts have maintained their interest in the company’s stock. DA Davidson reiterated its Buy rating with a price target of $100, emphasizing the company’s resilient Building Materials Distribution performance. Meanwhile, BMO Capital lowered its price target from $114 to $108, citing concerns over slowing single-family residential demand and increased competition in the engineered wood products market. These recent developments highlight the mixed outlook from analysts regarding Boise Cascade’s future performance.

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