Cardinal Infrastructure Group Inc. (CDNL)

NASDAQ: CDNL · Real-Time Price · USD
51.79
-1.17 (-2.21%)
May 29, 2026, 12:48 PM EDT - Market open
Market Cap792.02M
Revenue (ttm)541.75M +69.3%
Net Income-1.19M +1.7%
EPS-0.08
Shares Out 15.29M
PE Ration/a
Forward PE27.54
Dividendn/a
Ex-Dividend Daten/a
Volume188,776
Open53.14
Previous Close52.96
Day's Range50.70 - 55.68
52-Week Range21.98 - 63.18
Betan/a
AnalystsStrong Buy
Price Target61.50 (+18.75%)
Earnings DateMay 12, 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 $61.5, which is an increase of 18.75% from the latest price.

Price Target
$61.5
(18.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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...

8 days 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...

10 days 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.

16 days ago - TheFly

Cardinal Infrastructure Group Q1 Earnings Call Highlights

Cardinal Infrastructure Group NASDAQ: CDNL reported sharp first-quarter growth and raised its full-year revenue outlook, citing record backlog, strong organic demand and early contributions from its A...

17 days ago - MarketBeat

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.

17 days 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.

17 days 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.

17 days ago - Filings

Cardinal Infrastructure Group Quarterly report: Q1 2026

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

17 days 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...

17 days 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...

4 weeks 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.

5 weeks 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.

5 weeks 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...

7 weeks 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...

7 weeks ago - PRNewsWire

Cardinal Infrastructure price target raised to $41 from $38 at Stifel

Stifel raised the firm’s price target on Cardinal Infrastructure (CDNL) to $41 from $38 and keeps a Buy rating on the shares. After having recently hosted CEO Jeremy Spivey and…

2 months ago - TheFly

Cardinal Infrastructure Group Announces Appointment of Erik West as President of the Carolinas

RALEIGH, N.C., March 20, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced the appointment of Erik West as President of the Carolina...

2 months ago - PRNewsWire

Cardinal Infrastructure to be added to Russell 2000, 3000 Indexes

Cardinal Infrastructure (CDNL) Group will be added to the Russell 2000 and Russell 3000 Indexes, as part of FTSE Russell’s first quarter Initial Public Offering addition, effective March 23, 2026.

2 months ago - TheFly

Cardinal Infrastructure Group to be Added to the Russell 2000® and 3000® Indexes

RALEIGH, N.C., March 20, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company") today announced that it will be added to the Russell 2000® and Russell 30...

2 months ago - PRNewsWire

Cardinal Infrastructure price target raised to $38 from $31 at Stifel

Stifel raised the firm’s price target on Cardinal Infrastructure (CDNL) to $38 from $31 and keeps a Buy rating on the shares. Q4 backlog increased 33% year-over-year and implied new…

2 months ago - TheFly

Cardinal Infrastructure Group Earnings Call Transcript: Q4 2025

Delivered 45% revenue growth in 2025, driven by organic expansion and acquisitions, with record backlog and strong Southeast market demand. 2026 guidance projects revenue up to $678.3 million and adjusted EBITDA margins above 20%, supported by vertical integration and recent M&A.

2 months ago - Transcripts

Cardinal Infrastructure Group Annual report: Q4 2025

Cardinal Infrastructure Group has published its Q4 2025 annual report on March 19, 2026.

2 months ago - Filings

Cardinal Infrastructure Group Earnings release: Q4 2025

Cardinal Infrastructure Group released its Q4 2025 earnings on March 19, 2026, summarizing the period's financial results.

2 months ago - Filings

Cardinal Infrastructure Group Slides: Q4 2025

Cardinal Infrastructure Group has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 19, 2026.

2 months ago - Filings

Cardinal Infrastructure Group Inc. Announces Full Year 2025 Results and Affirms 2026 Guidance

RALEIGH, N.C., March 19, 2026 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced full year 2025 financial results and affirms guidance for...

2 months ago - PRNewsWire