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.
Home › Stocks › Myr Group Inc. (MYRG) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Engineering & Construction
$157.41
+0.34 (0.22%)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.
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.
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 |
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. 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%.
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.
Specialty contractor in electrical construction.
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.
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.
Industrials
Engineering & Construction
8,500
Mr. Richard S. Swartz Jr.
United States
2008
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.
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.
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.
MYR Group's participation in the Stifel conference indicates active engagement with institutional investors, potentially enhancing visibility and driving future investment interest.
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.
The earnings conference call signals upcoming financial insights and performance metrics for MYR Group, crucial for assessing the company's growth and investment potential.
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.
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.
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.
MYR Group's earnings beat expectations, indicating strong performance and growth from last year, which could positively influence stock prices and investor confidence.
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.
MYR Group's participation in a major investor conference signals potential growth opportunities and strategic insights, likely influencing investor sentiment and stock performance.
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.
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.
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.
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.
The highest price target for MYRG is $174.00 from at , which represents a 10.5% increase from the current price of $157.41.
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.
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.
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.
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.