Based on ratings from 10 stock analysts, the Dycom Industries Inc stock price is expected to increase by 19.93% in 12 months. This is calculated by using the average 12-month stock price forecast for Dycom Industries Inc. The lowest target is $200 and the highest is $234. Please note analyst price targets are not guaranteed and could be missed completely.
About 10 Wall Street analysts have assigned DY 9 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Dycom Industries Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Sangita Jain Keybanc | Overweight | $227 | Maintains | Oct 8, 2024 |
Alexander Waters B of A Securities | Buy | $204 | Maintains | Aug 23, 2024 |
Sangita Jain Keybanc | Overweight | $200 | Maintains | Aug 22, 2024 |
Alex Rygiel B. Riley Securities | Buy | $208 | Maintains | Aug 22, 2024 |
Eric Luebchow Wells Fargo | Overweight | $200 | Maintains | Jul 17, 2024 |
Alex Rygiel B. Riley Securities | Buy | $205 | Maintains | May 31, 2024 |
Alexander Waters B of A Securities | Buy | $198 | Maintains | May 29, 2024 |
Steven Fisher UBS | Buy | $200 | Maintains | May 23, 2024 |
Christian Schwab Craig-Hallum | Buy | $190 | Maintains | May 23, 2024 |
Sangita Jain Keybanc | Overweight | $179 | Maintains | May 23, 2024 |
Eric Luebchow Wells Fargo | Overweight | $185 | Maintains | May 23, 2024 |
Frank Louthan Raymond James | Strong Buy | $195 | Maintains | May 23, 2024 |
Eric Luebchow Wells Fargo | Overweight | $175 | Maintains | May 20, 2024 |
Sangita Jain Keybanc | Overweight | $169 | Maintains | May 13, 2024 |
Eric Luebchow Wells Fargo | Overweight | $165 | Maintains | Mar 12, 2024 |
Alex Rygiel B. Riley Securities | Buy | $172 | Upgrade | Mar 8, 2024 |
Sangita Jain Keybanc | Overweight | $149 | Maintains | Feb 29, 2024 |
Craig-Hallum | Buy | Maintains | Feb 29, 2024 | |
Sangita Jain Keybanc | Overweight | $136 | Initiates | Jan 10, 2024 |
Alex Rygiel B. Riley Securities | Neutral | $101 | Maintains | Nov 22, 2023 |
When did it IPO
1990
Staff Count
15,901
Country
United States
Sector/Industry
Industrials/Engineering & Construction
CEO
Mr. Steven E. Nielsen
Market Cap
$5.22B
In 2023, DY generated $3.81B in revenue, which was a increase of 21.66% from the previous year. This can be seen as a signal that DY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Dycom Industries (DY) is identified as a strong candidate for continued upward momentum, having passed the "Recent Price Strength" screening for stocks.
Why It Matters - Dycom Industries shows strong price momentum, indicating potential for continued growth. Positive performance in screening suggests investor confidence and may attract more buyers.
Summary - Zacks Premium offers the Zacks Style Scores, a tool to help value, growth, and momentum investors identify strong stocks.
Why It Matters - The Zacks Style Scores enhance stock selection across investment strategies, potentially improving returns and reducing risk, making it a valuable tool for informed decision-making.
Summary - Investors can utilize the Zacks Earnings ESP tool to identify stocks expected to surpass quarterly earnings estimates.
Why It Matters - The Zacks Earnings ESP highlights stocks likely to exceed earnings forecasts, offering investors potential opportunities for higher returns and informed trading decisions.
Summary - Zacks Premium offers Style Scores to help investors identify strong stocks across value, growth, and momentum categories.
Why It Matters - Zacks Style Scores can enhance stock selection across investment strategies, potentially leading to better returns and informed decision-making for investors.
Summary - DY reported 2Q25 earnings with a 15.5% revenue increase year-over-year and a 9.2% organic growth. Adjusted EBITDA margin rose to 13.2%, with EPS at $2.46. The Black & Veatch acquisition is projected to add $250-$275 million in FY2026 revenue.
Why It Matters - Strong earnings growth, improved margins, and a significant acquisition enhancing future revenue and backlog indicate DY's robust financial health and growth potential, attracting investor interest.
Summary - Zacks Premium offers Style Scores to help value, growth, and momentum investors identify strong stocks effectively.
Why It Matters - Zacks Style Scores enhance stock selection, enabling investors to identify strong candidates across investment strategies, potentially improving portfolio performance.