Cardinal Infrastructure Group Inc. (CDNL)

NASDAQ: CDNL · Real-Time Price · USD
68.29
-7.56 (-9.97%)
At close: Jul 8, 2026, 4:00 PM EDT
69.19
+0.90 (1.32%)
After-hours: Jul 8, 2026, 6:34 PM EDT
Market Cap1.36B
Revenue (ttm)541.75M +69.3%
Net Income-1.19M +1.7%
EPS-0.08
Shares Out 19.89M
PE Ration/a
Forward PE35.29
Dividendn/a
Ex-Dividend Daten/a
Volume812,619
Open74.01
Previous Close75.85
Day's Range67.51 - 77.49
52-Week Range21.98 - 96.40
Betan/a
AnalystsStrong Buy
Price Target63.00 (-7.75%)
Earnings DateAug 11, 2026

About CDNL

Cardinal Infrastructure Group Inc., a civil contracting company, provides site development and infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets in the southeastern United States. It offers wet utility installations, such as water, sewer, and stormwater systems, as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. The company was formerly known as Civil Infrastructure Group Inc. and changed its name to Cardinal Infrastruc... [Read more]

IPO Date Dec 10, 2025
Employees 1,480
Stock Exchange NASDAQ
Ticker Symbol CDNL
Full Company Profile

Financial Performance

In 2025, CDNL's revenue was $456.05 million, an increase of 44.69% compared to the previous year's $315.19 million. Earnings were $863,593, a decrease of -95.96%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for CDNL stock is "Strong Buy." The 12-month stock price target is $63.0, which is a decrease of -7.75% from the latest price.

Price Target
$63.0
(-7.75% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cardinal Infrastructure completes construction of first asphalt plant

Cardinal Infrastructure (CDNL) Group announced the completion of construction on its first asphalt processing plant near Raleigh, a milestone in the Company’s strategy to own all aspects of civil infr...

8 days ago - TheFly

Cardinal Infrastructure Group Announces Completion of First Asphalt Plant

RALEIGH, N.C., June 30, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced the completion of construction on its first asphalt proces...

8 days ago - PRNewsWire

Cardinal Infrastructure Group Announces Closing of Upsized Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

RALEIGH, N.C., June 26, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced that it has closed its upsized underwritten public offerin...

12 days ago - PRNewsWire

Cardinal Infrastructure Group Announces Pricing of Upsized Public Offering

RALEIGH, N.C., June 24, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced the pricing of an upsized underwritten public offering of ...

14 days ago - PRNewsWire

Cardinal Infrastructure Group Announces Proposed Public Offering of Common Stock

RALEIGH, N.C., June 22, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced a proposed, underwritten public offering of its Class A co...

16 days ago - PRNewsWire

Cardinal Infrastructure Group Registration statement: Registration filing

Cardinal Infrastructure Group filed a registration statement on June 22, 2026, providing details about a securities offering with the SEC.

16 days ago - Filings

Cardinal Infrastructure price target raised to $80 from $60 at Oppenheimer

Oppenheimer analyst Brent Thielman raised the firm’s price target on Cardinal Infrastructure (CDNL) to $80 from $60 and keeps an Outperform rating on the shares. The firm is refreshing its…

23 days ago - TheFly

Cardinal Infrastructure Group Transcript: AGM 2026

Six directors were elected and the appointment of the independent auditor was ratified, with over 95% of voting power represented. No shareholder proposals or questions were raised, and all agenda items were approved.

4 weeks ago - Transcripts

Cardinal Infrastructure Group Transcript: 46th Annual William Blair Growth Stock Conference

A vertically integrated infrastructure platform is expanding rapidly in the Southeast through disciplined M&A and organic growth, achieving strong revenue and EBITDA growth. The company leverages cultural fit in acquisitions, offers unique career opportunities, and is capitalizing on robust market trends, including data center demand.

5 weeks ago - Transcripts

Cardinal Infrastructure acquires Piedmont Pipe Construction, terms not disclosed

Cardinal Infrastructure (CDNL) Group announced the acquisition of Piedmont Pipe Construction. Founded in 1999, Piedmont is a wet utilities provider across North and South Carolina. Headquartered near ...

5 weeks ago - TheFly

Cardinal Infrastructure Group Announces Acquisition of Piedmont Pipe Construction

RALEIGH, N.C., June 2, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL) ("Cardinal" or "the Company") announced the acquisition of Piedmont Pipe Construction, Inc., ("Piedmont"...

5 weeks ago - PRNewsWire

Cardinal Infrastructure initiated with an Outperform at Oppenheimer

Oppenheimer initiated coverage of Cardinal Infrastructure (CDNL) with an Outperform rating and $60 price target The company has an “attractive growth runway” as it leverages existing customer relation...

5 weeks ago - TheFly

Cardinal Infrastructure Group Strengthens Operational Leadership Across its Footprint

RALEIGH, N.C., May 21, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL) announced today the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointm...

6 weeks ago - PRNewsWire

Cardinal Infrastructure Group to Participate in Upcoming Investor Conferences

RALEIGH, N.C., May 19, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL), announced today that management will participate in the Stifel Cross Sector Conference and William Blai...

7 weeks ago - PRNewsWire

Cardinal Infrastructure price target raised to $63 from $41 at Stifel

Stifel analyst Brian Brophy raised the firm’s price target on Cardinal Infrastructure (CDNL) to $63 from $41 and keeps a Buy rating on the shares.

2 months ago - TheFly

Cardinal Infrastructure Group Earnings Call Transcript: Q1 2026

Record Q1 results with revenue up 105% year-over-year and backlog at an all-time high. Raised 2026 revenue guidance, maintained strong margin outlook, and highlighted successful ALGC integration and robust organic growth across core markets.

2 months ago - Transcripts

Cardinal Infrastructure Group Earnings release: Q1 2026

Cardinal Infrastructure Group released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.

2 months ago - Filings

Cardinal Infrastructure Group Slides: Q1 2026

Cardinal Infrastructure Group has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 12, 2026.

2 months ago - Filings

Cardinal Infrastructure Group Quarterly report: Q1 2026

Cardinal Infrastructure Group has published its Q1 2026 quarterly earnings report on May 12, 2026.

2 months ago - Filings

Cardinal Infrastructure Group Inc. Announces First Quarter 2026 Results and Raises 2026 Outlook

RALEIGH, N.C., May 12, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced first quarter 2026 financial results and raised guidance fo...

2 months ago - PRNewsWire

Cardinal Infrastructure Group Schedules First Quarter 2026 Earnings Conference Call

RALEIGH, N.C., April 28, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced that it will issue financial results for the first quarter...

2 months ago - PRNewsWire

Cardinal Infrastructure Group Proxy statement: Proxy filing

Cardinal Infrastructure Group filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Cardinal Infrastructure Group Proxy statement: Proxy filing

Cardinal Infrastructure Group filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Cardinal Infrastructure awarded $24M contract

Cardinal Infrastructure (CDNL) Group announced it has been awarded a $24M contract to deliver full-site civil infrastructure services for the first phase of a large, multi-phase data center project. W...

3 months ago - TheFly

Cardinal Infrastructure Group Awarded Contract for Large-Scale Data Center Campus Development

RALEIGH, N.C., April 9, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced it has been awarded a $24 million contract to deliver ful...

3 months ago - PRNewsWire