DA Davidson reiterates Buy rating on Weyerhaeuser stock with $35 price target

Published 25/07/2025, 16:22
DA Davidson reiterates Buy rating on Weyerhaeuser stock with $35 price target

Investing.com - DA Davidson has reiterated its Buy rating and $35.00 price target on Weyerhaeuser (NYSE:WY), currently trading at $26.20, following the company’s second-quarter 2025 results. According to InvestingPro data, analyst price targets range from $30 to $38, suggesting significant upside potential despite the stock appearing overvalued at current levels.

The timber company reported quarterly results that exceeded DA Davidson’s recently lowered forecasts, primarily due to higher contributions from its Real Estate segment. The company, with an $18.95 billion market cap, has maintained dividend payments for 55 consecutive years, though it operates with relatively weak gross profit margins of 17.25%.

DA Davidson noted that Weyerhaeuser’s outlook for the third quarter of 2025 was largely in line with expectations, though current lumber and oriented strand board (OSB) prices could pose downside risk to estimates that assume some recovery as the quarter progresses.

The firm highlighted that the second quarter marked Weyerhaeuser’s most active period for share repurchases since 2022, though DA Davidson suggested these buybacks might moderate given the company’s leverage and timing of timberland acquisitions and divestitures.

DA Davidson indicated its financial model for Weyerhaeuser is under review pending the company’s upcoming conference call, while maintaining its Buy rating on the stock.

In other recent news, Weyerhaeuser has seen several adjustments to its stock price targets by major financial firms. DA Davidson lowered its price target for Weyerhaeuser to $35, citing weaker commodity wood product pricing and a challenging demand environment, while maintaining a Buy rating. Similarly, JPMorgan reduced its price target to $30, following weaker-than-expected sales realizations for lumber and oriented strand board (OSB) in the company’s recent update, but retained an Overweight rating. Citi also adjusted its outlook, decreasing the price target to $31 from $35, due to a more cautious approach to pricing assumptions for logs, lumber, and OSB in 2025, yet maintained a Buy rating.

Additionally, Argus maintained a Hold rating on Weyerhaeuser, highlighting the market headwinds the company faces due to a downturn in the new-housing market linked to high borrowing costs and a sluggish economy. Despite strong performance in 2021, Weyerhaeuser has encountered difficulties with a slowdown in construction and an oversupply situation, exacerbated by the growth of existing home sales. These recent developments reflect ongoing challenges in the sector, impacting Weyerhaeuser’s financial outlook.

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