MYRG Logo

MYRG Stock Forecast: Myr Group Inc. Price Predictions for 2025

Home › Stocks › United States | NASDAQ | Industrials | Engineering & Construction

$157.41

+0.34 (0.22%)

MYRG Stock Forecast 2025-2026

$157.41
Current Price
$2.45B
Market Cap
6 Ratings
Buy 5
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to MYRG Price Targets

+10.5%
To High Target of $174.00
+3.6%
To Median Target of $163.00
-12.3%
To Low Target of $138.00

MYRG Price Momentum

-4.3%
1 Week Change
+30.5%
1 Month Change
-1.2%
1 Year Change
+5.8%
Year-to-Date Change
-6.8%
From 52W High of $168.88
+81.8%
From 52W Low of $86.60
📉 MARKET SELLOFF ALERT

10 Quality Stocks Worth Considering Now

Researching MYR Group (MYRG) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.

Get our FREE market selloff report + exclusive analysis on MYRG and similar high-potential opportunities.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest MYRG Stock Price Targets & Analyst Predictions

Based on our analysis of 12 Wall Street analysts, MYRG has a bullish consensus with a median price target of $163.00 (ranging from $138.00 to $174.00). Currently trading at $157.41, the median forecast implies a 3.6% upside. This outlook is supported by 5 Buy, 1 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Kashy Harrison at Piper Sandler, suggesting a 12.3% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MYRG Analyst Ratings

5
Buy
1
Hold
0
Sell

MYRG Price Target Range

Low
$138.00
Average
$163.00
High
$174.00
Current: $157.41

Latest MYRG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MYRG.

Date Firm Analyst Rating Change Price Target
May 5, 2025 Piper Sandler Kashy Harrison Neutral Maintains $138.00
May 2, 2025 Keybanc Sangita Jain Overweight Maintains $163.00
May 1, 2025 Baird Justin Hauke Outperform Maintains $170.00
Apr 24, 2025 Goldman Sachs Ati Modak Buy Maintains $145.00
Apr 9, 2025 Stifel Brian Brophy Buy Maintains $131.00
Apr 8, 2025 Piper Sandler Kashy Harrison Neutral Initiates $124.00
Mar 14, 2025 Keybanc Sangita Jain Overweight Upgrade $136.00
Feb 27, 2025 Baird Justin Hauke Outperform Maintains $159.00
Dec 11, 2024 Stifel Brian Brophy Buy Maintains $172.00
Nov 4, 2024 Goldman Sachs Ati Modak Buy Maintains $153.00
Oct 31, 2024 Baird Justin Hauke Outperform Maintains $138.00
Sep 19, 2024 Goldman Sachs Ati Modak Buy Maintains $124.00
Aug 5, 2024 Stifel Brian Brophy Buy Maintains $119.00
Aug 1, 2024 Baird Justin Hauke Outperform Maintains $143.00
May 2, 2024 Baird Justin Hauke Outperform Maintains $180.00
Apr 16, 2024 Stifel Stanley Elliott Buy Maintains $184.00
Mar 1, 2024 Stifel Stanley Elliott Buy Maintains $185.00
Feb 26, 2024 Sidoti & Co. Brian Russo Neutral Downgrade $165.00
Jan 10, 2024 Keybanc Sangita Jain Sector Weight Initiates $0.00
Dec 19, 2023 Stifel Stanley Elliott Buy Maintains $168.00

Myr Group Inc. (MYRG) Competitors

The following stocks are similar to MYR Group based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Myr Group Inc. (MYRG) Financial Data

Myr Group Inc. has a market capitalization of $2.45B with a P/E ratio of 73.3x. The company generates $3.38B in trailing twelve-month revenue with a 1.0% profit margin.

Revenue growth is +2.2% quarter-over-quarter, while maintaining an operating margin of +4.0% and return on equity of +5.7%.

Valuation Metrics

Market Cap $2.45B
Enterprise Value $2.62B
P/E Ratio 73.3x
PEG Ratio 25.1x
Price/Sales 0.7x

Growth & Margins

Revenue Growth (YoY) +2.2%
Gross Margin +11.6%
Operating Margin +4.0%
Net Margin +1.0%
EPS Growth +23.1%

Financial Health

Cash/Price Ratio +0.4%
Current Ratio 1.3x
Debt/Equity 24.1x
ROE +5.7%
ROA +2.3%
💰 DON'T MISS THIS OPPORTUNITY

Get All 10 Quality Stocks For This Market Selloff

Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.

Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Myr Group Inc. logo

Myr Group Inc. (MYRG) Business Model

About Myr Group Inc.

What They Do

Specialty contractor in electrical construction.

Business Model

The company generates revenue by providing a comprehensive range of electrical solutions, including engineering, procurement, construction, and maintenance services for utilities, renewable energy projects, and various commercial and industrial facilities. Its expertise in transmission and distribution services allows it to effectively serve the growing needs for energy infrastructure modernization.

Additional Information

Myr Group Inc. is headquartered in Henderson, Colorado, and is focused on sustainability and innovation in energy solutions. The company's commitment to safety and quality ensures it plays a significant role in enhancing energy efficiency and integrating renewable sources into existing power networks, thereby impacting regional economic development.

Company Information

Sector

Industrials

Industry

Engineering & Construction

Employees

8,500

CEO

Mr. Richard S. Swartz Jr.

Country

United States

IPO Year

2008

Myr Group Inc. (MYRG) Latest News & Analysis

Latest News

MYRG stock latest news image
Quick Summary

MYR Group Inc. (NASDAQ: MYRG) will attend the 2025 Wells Fargo Industrials & Materials Conference on June 12, 2025, where executives will meet with institutional investors.

Why It Matters

MYR Group's attendance at the Wells Fargo conference highlights its engagement with institutional investors, potentially signaling growth opportunities and strategic direction in the utility and construction sectors.

Source: GlobeNewsWire
Market Sentiment: Neutral
MYRG stock latest news image
Quick Summary

MYR Group Inc. (NASDAQ: MYRG) will participate in the Stifel 2025 Boston Cross Sector 1x1 investor conference on June 3, 2025, where executives will meet with institutional investors.

Why It Matters

MYR Group's participation in the Stifel conference indicates active engagement with institutional investors, potentially enhancing visibility and driving future investment interest.

Source: GlobeNewsWire
Market Sentiment: Neutral
MYRG stock latest news image
Quick Summary

MYR Group Inc. (NASDAQ:MYRG) will hold its Q1 2025 earnings conference call on May 1, 2025, at 10:00 AM ET, featuring key executives and analysts from various firms.

Why It Matters

The earnings conference call signals upcoming financial insights and performance metrics for MYR Group, crucial for assessing the company's growth and investment potential.

Source: Seeking Alpha
Market Sentiment: Neutral
MYRG stock latest news image
Quick Summary

MYR Group Inc. (NASDAQ: MYRG) reported its first quarter 2025 financial results, focusing on specialty contracting for electric utility and construction sectors in the U.S. and Canada.

Why It Matters

MYR Group's Q1 2025 financial results indicate company performance and market position, influencing investor confidence and potential stock movements in the utility and construction sectors.

Source: GlobeNewsWire
Market Sentiment: Neutral
MYRG stock latest news image
Quick Summary

MYR Group (MYRG) reported quarterly earnings of $1.45 per share, exceeding the Zacks Consensus Estimate of $1.23 and up from $1.12 per share a year earlier.

Why It Matters

MYR Group's earnings beat expectations, indicating strong performance and growth from last year, which could positively influence stock prices and investor confidence.

Source: Zacks Investment Research
Market Sentiment: Positive
MYRG stock latest news image
Quick Summary

MYR Group Inc. (NASDAQ: MYRG) will attend the Bank of America Power, Utilities & Alternative Energy Conference on May 29, 2025, for meetings with institutional investors.

Why It Matters

MYR Group's participation in a major investor conference signals potential growth opportunities and strategic insights, likely influencing investor sentiment and stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About MYRG Stock

What is Myr Group Inc.'s (MYRG) stock forecast for 2025?

Based on our analysis of 12 Wall Street analysts, Myr Group Inc. (MYRG) has a median price target of $163.00. The highest price target is $174.00 and the lowest is $138.00.

Is MYRG stock a good investment in 2025?

According to current analyst ratings, MYRG has 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $157.41. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for MYRG stock?

Wall Street analysts predict MYRG stock could reach $163.00 in the next 12 months. This represents a 3.6% increase from the current price of $157.41. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Myr Group Inc.'s business model?

The company generates revenue by providing a comprehensive range of electrical solutions, including engineering, procurement, construction, and maintenance services for utilities, renewable energy projects, and various commercial and industrial facilities. Its expertise in transmission and distribution services allows it to effectively serve the growing needs for energy infrastructure modernization.

What is the highest forecasted price for MYRG Myr Group Inc.?

The highest price target for MYRG is $174.00 from at , which represents a 10.5% increase from the current price of $157.41.

What is the lowest forecasted price for MYRG Myr Group Inc.?

The lowest price target for MYRG is $138.00 from Kashy Harrison at Piper Sandler, which represents a -12.3% decrease from the current price of $157.41.

What is the overall MYRG consensus from analysts for Myr Group Inc.?

The overall analyst consensus for MYRG is bullish. Out of 12 Wall Street analysts, 5 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $163.00.

How accurate are MYRG stock price projections?

Stock price projections, including those for Myr Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: May 24, 2025 3:46 AM UTC
Missed GME or NVDA? Don’t Miss the Next One.​

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.