← @ragingventures

$BLDR

BEARISH2026-05-01
Price around the call
2026-05-01
By horizon✓ hit-4.4%
1d
5d
-1.4%
21d
-4.4%
Original post
Raging Capital Ventures · 2026-05-01

$BLDR aggressively bought back more stock in Q1 ‘26, despite significant negative operating leverage & $4.5 b of debt (~3.7x ‘26 estimates). This isn’t 2014-15 and mgmt seems blind to the fact that 2020-22 was a bubble. There’s increasing balance sheet risk here…

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