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MYRG Stock Forecast 2025-2026
$164.07
Current Price
$2.55B
Market Cap
Buy 5
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to MYRG Price Targets
+6.1%
To High Target of $174.00
-0.7%
To Median Target of $163.00
-15.9%
To Low Target of $138.00
MYRG Price Momentum
+5.4%
1 Week Change
+44.0%
1 Month Change
+8.1%
1 Year Change
+10.3%
Year-to-Date Change
-2.8%
From 52W High of $168.88
+89.5%
From 52W Low of $86.60
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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). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $164.07, the median forecast implies a -0.7% downside. 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 15.9% 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: $164.07
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 $2.55B with a P/E ratio of 76.3x. 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
$2.55B
Enterprise Value
$2.67B
P/E Ratio
76.3x
PEG Ratio
26.2x
Price/Sales
0.8x
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%
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Myr Group Inc. (MYRG) Business Model
About Myr Group Inc.
What They Do
Specialty contractor in electrical construction services.
Business Model
The company generates revenue by providing a wide range of electrical solutions, including engineering, procurement, construction, and maintenance services primarily for electric utilities, renewable energy projects, and commercial and industrial facilities. Its focus on transmission and distribution services positions it as a key player in energy infrastructure development and modernization.
Additional Information
Myr Group Inc. is headquartered in Henderson, Colorado, and is recognized for its commitment to safety, quality, and innovation. The company's operations are essential in meeting the rising demand for sustainable energy solutions, contributing significantly to economic development and regional growth through its infrastructure projects.
Company Information
Sector
Industrials
Industry
Engineering & Construction
Employees
8,500
CEO
Mr. Richard S. Swartz Jr.
Country
United States
IPO Year
2008
Website
www.myrgroup.comMyr Group Inc. (MYRG) Latest News & Analysis
Latest News
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 participation in the Wells Fargo conference may indicate growth opportunities and strategic discussions, potentially influencing investor confidence and stock performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
MYR Group Inc. (NASDAQ: MYRG) will attend 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 investor conference signals potential growth opportunities and investor interest, which could impact stock performance and market perception.
Source: GlobeNewsWire
Market Sentiment:
Neutral
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 major firms.
Why It Matters
MYR Group's Q1 2025 earnings call provides insights into financial performance and strategic direction, influencing investor sentiment and stock valuation.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
MYR Group Inc. (NASDAQ: MYRG) reported its Q1 2025 financial results on April 30, 2025. The company focuses on electric utility and construction markets in the U.S. and Canada.
Why It Matters
MYR Group's Q1 2025 results reveal its performance in the electric utility and construction sectors, impacting its stock value and growth potential in a competitive market.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
MYR Group (MYRG) reported Q3 earnings of $1.45 per share, surpassing the Zacks estimate of $1.23 and up from $1.12 per share a year earlier.
Why It Matters
MYR Group's stronger-than-expected earnings indicate robust financial performance and growth, potentially boosting investor confidence and stock value.
Source: Zacks Investment Research
Market Sentiment:
Positive
MYR Group Inc. to Attend Bank of America Power, Utilities & Alternative Energy Conference in May
16 days ago
Quick Summary
MYR Group Inc. (NASDAQ: MYRG) will attend the Bank of America Power, Utilities & Alternative Energy conference on May 29, 2025, where executives will meet with institutional investors.
Why It Matters
MYR Group's participation in a major investor conference signals potential growth opportunities and investor interest, which could impact stock performance and market perception.
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 $164.07. 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 -0.7% decrease from the current price of $164.07. 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 wide range of electrical solutions, including engineering, procurement, construction, and maintenance services primarily for electric utilities, renewable energy projects, and commercial and industrial facilities. Its focus on transmission and distribution services positions it as a key player in energy infrastructure development and 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 6.1% increase from the current price of $164.07.
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 -15.9% decrease from the current price of $164.07.
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 15, 2025 12:50 PM UTC