TopBuild Corp

BLD remains in a Stage 1 basing consolidation after an earlier rally, trading tightly around key EMAs without clear momentum. Extreme overbought conditions and subdued volume offer no favorable timing edge. Medium-term bias remains bullish given the basing structure and healthy free cash flow yield, but execution is deferred until a pullback into the EMA support cluster.

• ↑Acquisition of Progressive Roofing contributes $300M in annual revenue
• ↑2025 free cash flow $791M; returned $434M via share repurchases
• ↓Residential revenues forecast to drop low double digits on high rates