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JPMorgan Cautious on Owens Corning (OC) Due to Weak Demand, Inventory Destocking Impact on Q4

Owens Corning (NYSE:OC) is one of the most undervalued NYSE stocks to buy right now. On November 11, JPMorgan lowered the firm’s price target on Owens Corning to $113 from $157 with a Neutral rating on the shares. This sentiment was announced as the company posted its Q3 2025 earnings report, after which the firm reduced its estimates. JPMorgan noted that the company’s Q4 will be impacted by continued weak demand and inventory destocking.

In the third quarter, Owens Corning reported generating $2.7 billion in revenue and $638 million in adjusted EBITDA, achieving a strong 24% margin. These results reflect significant structural improvements, with both the roofing and insulation businesses improving their margins by over 5% compared to similar market conditions over the past decade.

Owens Corning is investing in growth, including a new plant in Alabama for laminate shingles and a new fiberglass line in Kansas City to enhance production capabilities. However, the company faced several headwinds, primarily from weakening residential trends in the US and a quiet storm season. The roofing business was negatively impacted by having no named storms make landfall in the US during Q3, which led to lower storm-related demand. This reduced storm activity, combined with market inventory corrections, is estimated to account for about half of the expected year-over-year revenue decline in roofing for Q4.

Owens Corning (NYSE:OC) provides residential and commercial building products in the US, Europe, the Asia Pacific, and internationally. It operates through 4 segments: Roofing, Insulation, Doors, and Composites.

While we acknowledge the potential of OC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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