Frontdoor Inc. (FTDR) PT Raised to $70 at Oppenheimer

Oppenheimer analyst Ian Zaffino raised the price target on Frontdoor Inc. (NASDAQ: FTDR) to $70.00 (from $63.00) while maintaining a Outperform rating.

The analyst comments "Frontdoor's 4Q25 EBITDA of $59M beat our/Street’s $53M/$52M estimates, driven by continued strength in the renewals channel and cost control. Revenues of $432M compares with our/Street's $420M/$422M estimates. Renewals revenue increased 12%, driven by pricing and the 2-10 acquisition. Real estate sales increased 5% YoY also on contributions from 2-10. DTC revenue decreased 6%, owing to FTDR's promotional strategy to drive new home warranty member growth. Management outlined in-line FY26 guidance: revenues of $2,155M-$2,195M and EBITDA of $660M-$680M. Guidance assumes pricing of +2-3% and volumes up 1-2%. Growth will be driven by a ~LSD% YoY increase in the renewal channel, retail estate roughly flat, with DTC down ~LSD%. Raise price target to $70 (from $63), which represents 10x FY26E EBITDA."

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• Home Depot (HD) call put ratio 1.5 calls to 1 put with a focus on September 330 puts into quarter results
• Jane Street Took $15 Billion Hit In July Tied To Situational Awareness - Reuters