Goldman Sachs Lowers Jeld-Wen (JELD) PT to $3.75 on Concerns Over Pricing Headwinds, Market Share Loss

Jeld-Wen Holding Inc. (NYSE:JELD) is one of the best NYSE penny stocks to invest in right now. On November 5, Goldman Sachs lowered the price target on Jeld-Wen to $3.75 from $5.25 with a Neutral rating on the shares. Goldman Sachs believes that Jeld-Wen’s financial results will continue to face pressure in the upcoming quarters due to pricing headwinds. Furthermore, the ongoing loss of market share is expected to counteract any positive impact from the company’s cost reduction initiatives.

On the same day, Barclays also lowered the firm’s price target on Jeld-Wen to $3 from $5 with an Equal Weight rating on the shares under the same reasons.

Goldman Sachs Lowers Jeld-Wen (JELD) PT to $3.75 on Concerns Over Pricing Headwinds, Market Share Loss

These announcements followed Jeld-Wen’s Q3 2025 earnings report, which was marked by softening market conditions that resulted in $809 million in recorded revenue for the quarter, which was a 10% decline year-over-year. Given the market softness, the company revised its full-year 2025 financial guidance. Full year 2025 sales guidance was revised down to $3.1 to $3.2 billion, from the prior range of $3.2 to $3.4 billion. The company now expects a revenue decline of 10% to 13% for the full year.

Jeld-Wen Holding Inc. (NYSE:JELD) designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe.

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Disclosure: None. This article is originally published at Insider Monkey.