Benchmark Reiterates Hold Rating on Owens Corning (OC)

Benchmark analyst Reuben Garner reiterated a Hold rating on Owens Corning (NYSE: OC).

The analyst commented, "On Wednesday, “The New Owens Corning” hosted its 2025 Investor Day where management presented their vision of a focused building products leader. With the Masonite acquisition (one year ago this week) and the divestitures of the glass reinforcements, China, and Korea businesses completed, or underway, continuing operations will be almost entirely focused on roofing, insulation, and doors within North America and Europe. By leveraging the company’s shared enterprise playbook and building upon its premier contractor engagement model, management laid out their strategy to achieve a series of goals across all three segments and for the company. While all quite encouraging, we think some of the goals will be viewed as “show me” by the Street until proven in a variety of markets. We are maintaining our Hold rating on shares for now."

For an analyst ratings summary and ratings history on Owens Corning click here. For more ratings news on Owens Corning click here.

Shares of Owens Corning closed at $142.10 yesterday.

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