Dycom Industries, Inc. (DY)
NYSE: DY · IEX Real-Time Price · USD
168.34
-2.29 (-1.34%)
Jun 18, 2024, 4:00 PM EDT - Market closed

Dycom Industries Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Dycom Industries stock have an average target of 184.88, with a low estimate of 127 and a high estimate of 205. The average target predicts an increase of 9.83% from the current stock price of 168.34.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $127 $184.88 $195 $205
Change -24.56% +9.83% +15.84% +21.78%

Analyst Ratings

The average analyst rating for DY stock from 8 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 444466
Buy 222222
Hold 110000
Sell 000000
Strong Sell 000000
Total 776688

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$172$205
Strong Buy Maintains $172$205 +21.78% May 31, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$160$198
Strong Buy Maintains $160$198 +17.62% May 29, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$145$190
Strong Buy Maintains $145$190 +12.87% May 23, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$175$185
Buy Maintains $175$185 +9.90% May 23, 2024
Raymond James
Raymond James
Strong Buy
Maintains
$143$195
Strong Buy Maintains $143$195 +15.84% May 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.80B
from 4.18B
Increased by 14.91%
Revenue Next Year
5.19B
from 4.80B
Increased by 8.23%
EPS This Year
8.41
from 7.37
Increased by 14.06%
EPS Next Year
9.32
from 8.41
Increased by 10.93%
Year 20192020202120222023202420252026
Revenue
3.34B3.20B3.13B3.81B4.18B4.80B5.19B5.77B
Revenue Growth
6.78%-4.21%-2.15%21.66%9.64%14.91%8.23%11.09%
EPS
1.801.071.574.747.378.419.3211.76
EPS Growth
-8.63%-40.56%46.73%201.91%55.49%14.06%10.93%26.14%
Forward PE
-----20.0318.0514.31
No. Analysts -----12125
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 5.0B 5.4B 6.3B
Avg 4.8B 5.2B 5.8B
Low 4.4B 4.8B 5.1B

Revenue Growth

Revenue Growth 202420252026
High
19.3%
13.0%
21.9%
Avg
14.9%
8.2%
11.1%
Low
6.1%
0.9%
-2.4%

EPS Forecast

EPS 202420252026
High 8.95 10.61 12.85
Avg 8.41 9.32 11.76
Low 7.06 6.80 10.39

EPS Growth

EPS Growth 202420252026
High
21.4%
26.2%
37.8%
Avg
14.1%
10.9%
26.1%
Low
-4.3%
-19.1%
11.4%
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.