SiteOne Guides FY2026 EBITDA to $425–$455M, Stifel Downgrades to Hold
SITE is trading near its 52-week low of $90.07 (4.9% above the low).
Summary
SiteOne issued FY2026 adjusted EBITDA guidance of $425–$455M, with a 53rd week shaving ~$4–5M and organic daily sales expected flat to +1%. This follows Q2 results that missed consensus on both sales and EBITDA, and the stock is already trading near its 52-week low. Stifel downgraded the shares to Hold and slashed its price target to $100 from $153, reflecting the weaker outlook. The combination of soft guidance and a sell-side downgrade adds pressure to a name already under scrutiny.
At the time of this announcement, SITE was trading at $94.44 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $90.07 to $168.56. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.