- Owens Corning (OC) Is Down 6.2% After Q1 Loss And Upbeat Q2 Revenue Outlook - What's Changed
May 17, 2026
Earlier in May 2026, Owens Corning reported first-quarter 2026 results showing sales of US$2,265 million and a net loss of US$105 million, while issuing second-quarter revenue guidance of about US$2.6 billion to US$2.7 billion from continuing operations. Management pointed to structural improvements, an expanded contractor network, and completed share repurchases of 9,542,301 shares for US$1.34 billions as key supports for future performance, even as residential construction and remodeling demand remained soft. Next, we’ll examine how Owens Corning’s confident second-quarter revenue guidance shapes the company’s broader investment narrative and risk profile.
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Owens Corning Investment Narrative Recap
To own Owens Corning, you need to believe its shift toward higher value building products, contractor relationships, and cost discipline can offset soft residential demand and recent losses. The new second quarter revenue guidance of about US$2.6 billion to US$2.7 billion supports the near term catalyst of stabilizing sales, while the biggest current risk remains prolonged weakness and volatility in North American housing and repair and remodel activity.
The most relevant recent announcement here is management’s completion of a sizable share repurchase program, retiring about 11.22% of shares for roughly US$1,343.63 million. In the context of guidance that leans positive on near term revenue, this capital return decision now sits alongside housing cycle exposure as a key part of the catalyst and risk balance investors need to weigh.
Yet beneath the confident revenue outlook, investors should also be aware of the risk that persistent housing softness and oversupplied roofing and insulation markets could...
Read the full narrative on Owens Corning (it's free!)
Owens Corning's narrative projects $10.7 billion revenue and $3.1 billion earnings by 2029. This requires 2.9% yearly revenue growth and a $3.5 billion earnings increase from -$405.0 million today.
Uncover how Owens Corning's forecasts yield a $144.81 fair value, a 27% upside to its current price.
Exploring Other PerspectivesOC 1-Year Stock Price Chart
Before this update, the most cautious analysts were assuming Owens Corning’s revenue could shrink about 6.7% a year even as earnings climbed toward roughly US$1.8 billion, so this confident second quarter guidance may force you to think about whether that more pessimistic story around delayed demand recovery and margin pressure still fits your own view or needs to be updated.
Story Continues
Explore 4 other fair value estimates on Owens Corning - why the stock might be worth as much as 27% more than the current price!
Reach Your Own Conclusion
Don't just follow the ticker - dig into the data and build a conviction that's truly your own.
A great starting point for your Owens Corning research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision. Our free Owens Corning research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Owens Corning's overall financial health at a glance.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include OC.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Owens Corning’s Q1 Earnings Call: Our Top 5 Analyst Questions
May 16, 2026
Owens Corning’s first quarter results reflected disciplined execution in a challenging environment for building products. While revenue declined year over year due to subdued repair and remodel activity and a quieter storm season, management credited strong operational performance and structural improvements for maintaining attractive margins. CEO Brian Chambers highlighted the company’s expanded contractor network and cost reduction efforts, stating, “We are demonstrating the durable performance of the new Owens Corning, a focused building products company that outperforms through the cycles.”
Is now the time to buy OC? Find out in our full research report (it’s free).
Owens Corning (OC) Q1 CY2026 Highlights:
Revenue: $2.27 billion vs analyst estimates of $2.18 billion (10.5% year-on-year decline, 4.1% beat) Adjusted EPS: $1.22 vs analyst estimates of $0.96 (26.5% beat) Adjusted EBITDA: $369 million vs analyst estimates of $343.4 million (16.3% margin, 7.5% beat) Revenue Guidance for Q2 CY2026 is $2.65 billion at the midpoint, above analyst estimates of $2.57 billion Operating Margin: 5.3%, down from 16.1% in the same quarter last year Market Capitalization: $9.65 billion
While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.
Our Top 5 Analyst Questions From Owens Corning’s Q1 Earnings Call
John Lovallo (UBS) asked about management’s confidence in maintaining guidance despite market uncertainty. CEO Brian Chambers replied that performance so far aligns with expectations, and he sees a “good year ahead of us given how we’re setting up the frame of the company.” Michael Rehaut (JPMorgan) inquired about drivers of Roofing margin strength and underperformance in volume versus the market. Chambers explained that higher volumes late in the quarter and manufacturing productivity offset some headwinds, while customer mix and timing influenced quarterly comparisons. Stephen Kim (Evercore ISI) requested insight into supply-demand dynamics across Insulation segments. Chief Financial and Operating Officer Todd Fister noted stable conditions in North America, strong demand in nonresidential sectors like data centers, and regional variations in Europe, with Germany lagging recovery. Philip Ng (Jefferies) pressed on the trajectory of inflation and price/cost spreads. Fister detailed that inflation from oil and chemicals will persist but expects price increases to catch up in the second half, restoring a more neutral or positive price/cost balance. Susan Maklari (Goldman Sachs) asked about the status and future of cost improvement initiatives. Fister said run-rate benefits from productivity projects are beginning to flow through, with further gains expected in the next 12 to 18 months, especially in the Doors business.
Story Continues
Catalysts in Upcoming Quarters
In the coming quarters, the StockStory team will monitor (1) the effectiveness of recent price increases in offsetting ongoing cost inflation, (2) progress in capturing operational efficiencies and cost synergies—particularly in the Doors segment, and (3) momentum in contractor network expansion and market share with key distributors. Updates on tariff refunds and stabilization in residential construction activity will also be closely tracked.
Owens Corning currently trades at $122, in line with $122.90 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it’s free for active Edge members).
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- Owens Corning: Trough Conditions For A Patient Investor's Setup
May 14, 2026 · seekingalpha.com
Owens Corning is rated Buy, trading at 6.3x EV/EBITDA with a $1B capital return commitment and robust margin durability. Q1 '26 results showed revenue down 10% and EBITDA down 35%, but margin resilience and a portfolio transformation to pure-play building products underpin earnings quality. Q2 guidance calls for a sharp margin rebound to 20–22% despite $60M in geopolitical cost headwinds, with Roofing segment offering substantial upside operating leverage.
- 3 Industrials Stocks We Steer Clear Of
May 13, 2026
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Their momentum is also rising as lower interest rates have incentivized higher capital spending. As a result, the industry has posted a 17.5% gain over the past six months, beating the S&P 500 by 10.4 percentage points.
Regardless of these results, investors should tread carefully. The diversity of companies in this space means that not all are created equal or well-positioned for the inescapable downturn. On that note, here are three industrials stocks we’re steering clear of.
WillScot Mobile Mini (WSC)
Market Cap: $5.09 billion
Originally focusing on mobile offices for construction sites, WillScot (NASDAQ:WSC) provides ready-to-use temporary spaces, largely for longer-term lease.
Why Should You Dump WSC?
Annual sales declines of 2.5% for the past two years show its products and services struggled to connect with the market during this cycle Earnings per share have dipped by 1.8% annually over the past five years, which is concerning because stock prices follow EPS over the long term Diminishing returns on capital from an already low starting point show that neither management’s prior nor current bets are going as planned
WillScot Mobile Mini is trading at $28.73 per share, or 20.5x forward P/E. If you’re considering WSC for your portfolio, see our FREE research report to learn more.
Karat Packaging (KRT)
Market Cap: $560.4 million
Founded as Lollicup, Karat Packaging (NASDAQ: KRT) distributes and manufactures environmentally-friendly disposable foodservice packaging solutions.
Why Does KRT Give Us Pause?
Earnings per share have contracted by 5.2% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance
Karat Packaging’s stock price of $28.12 implies a valuation ratio of 1.3x trailing 12-month price-to-sales. Read our free research report to see why you should think twice about including KRT in your portfolio, it’s free.
Owens Corning (OC)
Market Cap: $9.80 billion
Credited with the discovery of fiberglass, Owens Corning (NYSE:OC) supplies building and construction materials to the United States and international markets.
Why Do We Think OC Will Underperform?
Sales trends were unexciting over the last two years as its 2.5% annual growth was below the typical industrials company Earnings per share fell by 17% annually over the last two years while its revenue grew, showing its incremental sales were much less profitable Eroding returns on capital suggest its historical profit centers are aging
Story Continues
At $121.66 per share, Owens Corning trades at 11.8x forward P/E. Dive into our free research report to see why there are better opportunities than OC.
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But our AI platform says the party isn't over. Find out which 9 stocks made the cut this week - FREE. Get Our Top 9 Market-Beating Stocks for Free HERE.
Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
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- Investors Heavily Search Owens Corning Inc (OC): Here is What You Need to Know
May 13, 2026
Owens Corning (OC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this construction materials company have returned +0.4% over the past month versus the Zacks S&P 500 composite's +8.8% change. The Zacks Building Products - Miscellaneous industry, to which Owens Corning belongs, has gained 1.9% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate Revisions
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Owens Corning is expected to post earnings of $3.02 per share for the current quarter, representing a year-over-year change of -28.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -3.4%.
For the current fiscal year, the consensus earnings estimate of $9.53 points to a change of -20.9% from the prior year. Over the last 30 days, this estimate has changed +1%.
For the next fiscal year, the consensus earnings estimate of $11.77 indicates a change of +23.6% from what Owens Corning is expected to report a year ago. Over the past month, the estimate has changed +1.3%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Owens Corning is rated Zacks Rank #3 (Hold).
Story Continues
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS12-month consensus EPS estimate for OC
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Owens Corning, the consensus sales estimate for the current quarter of $2.66 billion indicates a year-over-year change of -3.3%. For the current and next fiscal years, $9.83 billion and $10.31 billion estimates indicate -2.7% and +4.8% changes, respectively.
Last Reported Results and Surprise History
Owens Corning reported revenues of $2.27 billion in the last reported quarter, representing a year-over-year change of -10.5%. EPS of $1.22 for the same period compares with $2.97 a year ago.
Compared to the Zacks Consensus Estimate of $2.16 billion, the reported revenues represent a surprise of +5.04%. The EPS surprise was +20.79%.
Over the last four quarters, Owens Corning surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
Valuation
No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Owens Corning is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Owens Corning. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
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Owens Corning Inc (OC) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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- Investors Heavily Search Owens Corning Inc (OC): Here is What You Need to Know
May 13, 2026 · zacks.com
Zacks.com users have recently been watching Owens Corning (OC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- Owens Corning Q1 Earnings Call Highlights
May 13, 2026 · marketbeat.com
Owens Corning NYSE: OC reported lower first-quarter revenue as weaker residential construction and repair-and-remodel demand continued to pressure volumes, but executives said the company's reshaped building products portfolio is producing more durable margins through the cycle.
- Olive Resource Capital Reports Q1 2026 Financial Statements and Investment Performance
May 13, 2026 · newsfilecorp.com
Toronto, Ontario--(Newsfile Corp. - May 13, 2026) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to announce the release of its quarterly financial results for the period ended March 31, 2026. Highlights: As a result of strong investment performance Olive reported record Net Income of $1,172,226 or $0.01 per share for the period ended March 31, 2026.
- OLIVE RESOURCE CAPITAL REPORTS Q1 2026 FINANCIAL STATEMENTS AND INVESTMENT PERFORMANCE
May 13, 2026
TORONTO, ONTARIO--(NEWSFILE CORP. - MAY 13, 2026) - OLIVE RESOURCE CAPITAL INC. (TSXV: OC) ("OLIVE" OR THE "COMPANY") IS PLEASED TO ANNOUNCE THE RELEASE OF ITS QUARTERLY FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2026. HIGHLIGHTS: AS A RESULT OF STRONG INVESTMENT PERFORMANCE OLIVE REPORTED RECORD NET INCOME OF $1,172,226 OR $0.01 PER SHARE FOR THE PERIOD ENDED MARCH 31, 2026.
- 3 Stocks That May Be Trading Below Their Estimated Value In May 2026
May 12, 2026
Over the last 7 days, the United States market has risen by 2.6%, contributing to a remarkable 26% increase over the past year, with earnings anticipated to grow by 17% per annum in the coming years. In this thriving environment, identifying stocks that may be trading below their estimated value can offer investors potential opportunities for growth and value appreciation.
Top 10 Undervalued Stocks Based On Cash Flows In The United States
Name Current Price Fair Value (Est) Discount (Est) Western Digital (WDC) $515.83 $1001.92 48.5% Tuniu (TOUR) $5.71 $11.41 50% Sea (SE) $84.87 $164.01 48.3% Rayonier (RYN) $20.31 $40.03 49.3% MercadoLibre (MELI) $1557.30 $3035.20 48.7% Lazard (LAZ) $45.98 $89.64 48.7% Kodiak Gas Services (KGS) $75.52 $150.36 49.8% Janus Living (JAN) $27.23 $54.11 49.7% iRhythm Holdings (IRTC) $116.84 $233.64 50% CVR Energy (CVI) $34.88 $67.50 48.3%
Click here to see the full list of 141 stocks from our Undervalued US Stocks Based On Cash Flows screener.
Here's a peek at a few of the choices from the screener.
Western Digital
Overview: Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive technology across various regions including the United States, Asia, Europe, the Middle East, and Africa with a market cap of approximately $165.45 billion.
Operations: The company generates revenue from its Hard Disk Drives (HDD) segment, amounting to $11.78 billion.
Estimated Discount To Fair Value: 48.5%
Western Digital appears undervalued based on cash flows, trading 48.5% below its estimated fair value of US$1001.92 per share with a current price of US$515.83. Recent earnings showed significant growth, with Q3 net income rising to US$3.21 billion from US$520 million year-over-year, indicating strong cash flow generation. The company forecasts robust revenue and profit growth exceeding market averages, despite recent insider selling activity that may warrant caution for potential investors.
The analysis detailed in our Western Digital growth report hints at robust future financial performance. Delve into the full analysis health report here for a deeper understanding of Western Digital.WDC Discounted Cash Flow as at May 2026
Kodiak Gas Services
Overview: Kodiak Gas Services, Inc. operates by providing contract compression infrastructure for the oil and gas industry in the United States, with a market cap of $6.15 billion.
Operations: Kodiak Gas Services generates revenue primarily from Contract Services, which account for $1.18 billion, alongside Other Services contributing $126.83 million.
Estimated Discount To Fair Value: 49.8%
Kodiak Gas Services is trading at a significant discount, 49.8% below its estimated future cash flow value of US$150.36 per share. Despite slower revenue growth forecasts compared to the broader market, its earnings are projected to grow significantly faster than market averages over the next three years. However, recent insider selling and insufficient coverage of interest payments by earnings highlight potential financial concerns that investors should consider alongside its undervaluation based on cash flows.
Story Continues
Insights from our recent growth report point to a promising forecast for Kodiak Gas Services' business outlook. Take a closer look at Kodiak Gas Services' balance sheet health here in our report.KGS Discounted Cash Flow as at May 2026
Owens Corning
Overview: Owens Corning is a company that supplies residential and commercial building products across the United States, Europe, the Asia Pacific, and internationally, with a market cap of approximately $9.65 billion.
Operations: The company's revenue is primarily derived from its Roofing segment at $4.28 billion, followed by Insulation at $3.66 billion, and Doors at $2.06 billion.
Estimated Discount To Fair Value: 10.2%
Owens Corning trades at 10.2% below its estimated future cash flow value of US$133.43 per share, indicating it is undervalued based on cash flows. Despite high debt levels and a dividend not well covered by earnings, its projected profitability and return on equity are expected to improve significantly over the next three years. However, recent earnings reports show declining sales and net losses, which could impact short-term financial performance despite positive long-term forecasts.
Our expertly prepared growth report on Owens Corning implies its future financial outlook may be stronger than recent results. Dive into the specifics of Owens Corning here with our thorough financial health report.OC Discounted Cash Flow as at May 2026
Turning Ideas Into Actions
Reveal the 141 hidden gems among our Undervalued US Stocks Based On Cash Flows screener with a single click here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include WDCKGS and OC.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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