Boise Cascade stock price target lowered to $108 by BMO Capital

Investing.com - BMO Capital has lowered its price target on Boise Cascade Company (NYSE:BCC) to $108.00 from $114.00 while maintaining a Market Perform rating on the stock. The company’s shares, currently trading at $82.92, sit near their 52-week low of $80.30, with InvestingPro analysis suggesting the stock may be undervalued.

The firm cited slowing single-family new residential demand and intensifying engineered wood products (EWP) price competition as key factors likely to pressure second-half EBITDA performance.

BMO Capital acknowledged that Boise Cascade’s valuation remains "quite attractive" at current levels, with the company maintaining a robust balance sheet that includes $1 per share in net cash.

The research firm still views the mid-cycle value of Boise Cascade in the mid-$130s range, but reduced its target to reflect near-term uncertainty and lower 2025 EBITDA expectations.

Despite the price target reduction, BMO Capital maintained its Market Perform rating on Boise Cascade stock, indicating it remains "on the sidelines" regarding investment recommendations for the wood products and building materials company.

In other recent news, Boise Cascade reported its Q2 2025 earnings, which fell short of expectations. The company’s earnings per share (EPS) were $1.64, missing the anticipated $1.74, and revenue was $1.74 billion, slightly under the forecasted $1.75 billion. Despite these misses, the market reacted positively. Additionally, DA Davidson has reiterated its Buy rating for Boise Cascade with a $100 price target. The firm noted the strong performance of Boise Cascade’s Building Materials Distribution segment, which helped counterbalance some challenges in the Wood Products segment. These developments reflect the company’s current financial landscape and market position.

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