Dycom Industries, Inc. (DY)
NYSE: DY · IEX Real-Time Price · USD
143.53
-0.12 (-0.08%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Dycom Industries Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Dycom Industries stock have an average target of 142.17, with a low estimate of 120 and a high estimate of 172. The average target predicts a decrease of -0.95% from the current stock price of 143.53.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $120 $142.17 $149 $172
Change -16.39% -0.95% +3.81% +19.84%

Analyst Ratings

The average analyst rating for DY stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 444444
Buy 111222
Hold 111110
Sell 000000
Strong Sell 000000
Total 666776

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Buy
Maintains
$145$165
Buy Maintains $145$165 +14.96% Mar 12, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Upgrades
$101$172
Strong Buy Upgrades $101$172 +19.84% Mar 8, 2024
Keybanc
Keybanc
Buy
Maintains
$136$149
Buy Maintains $136$149 +3.81% Feb 29, 2024
Keybanc
Keybanc
Buy
Initiates
$136
Buy Initiates $136 -5.25% Jan 10, 2024
B. Riley Securities
B. Riley Securities
Hold
Maintains
$94$101
Hold Maintains $94$101 -29.63% Nov 22, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
4.63B
from 4.18B
Increased by 10.95%
Revenue Next Year
5.04B
from 4.63B
Increased by 8.74%
EPS This Year
7.57
from 7.37
Increased by 2.72%
EPS Next Year
8.96
from 7.57
Increased by 18.31%
Year 20192020202120222023202420252026
Revenue
3.34B3.20B3.13B3.81B4.18B4.63B5.04B5.14B
Revenue Growth
6.78%-4.21%-2.15%21.66%9.64%10.95%8.74%1.97%
EPS
1.801.071.574.747.377.578.9610.92
EPS Growth
-8.63%-40.56%46.73%201.91%55.49%2.72%18.31%21.90%
No. Analysts -----1294
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 4.8B 5.2B 5.2B
Avg 4.6B 5.0B 5.1B
Low 4.2B 4.8B 4.9B

Revenue Growth

Revenue Growth 202420252026
High
15.2%
11.6%
3.9%
Avg
11.0%
8.7%
2.0%
Low
1.3%
2.8%
-3.0%

EPS Forecast

EPS 202420252026
High 8.66 10.61 11.13
Avg 7.57 8.96 10.92
Low 5.44 6.52 10.39

EPS Growth

EPS Growth 202420252026
High
17.5%
40.1%
24.3%
Avg
2.7%
18.3%
21.9%
Low
-26.2%
-13.9%
16.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.