MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
175.37
+1.56 (0.90%)
Sep 16, 2025, 12:58 PM EDT - Market open

MYR Group Stock Forecast

Stock Price Forecast

The 7 analysts that cover MYR Group stock have a consensus rating of "Buy" and an average price target of $192.86, which forecasts a 9.97% increase in the stock price over the next year. The lowest target is $153 and the highest is $211.

Price Target: $192.86 (+9.97%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$153$192.86$204$211
Change-12.76%+9.97%+16.33%+20.32%
* Price targets were last updated on Aug 15, 2025.

Analyst Ratings

The average analyst rating for MYR Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy221111
Buy222333
Hold112233
Sell000000
Strong Sell000000
Total555677

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Hold
Initiates
$202
HoldInitiates$202+15.19%Aug 15, 2025
Goldman Sachs
Goldman Sachs
Hold
Maintains
$168$205
HoldMaintains$168$205+16.90%Aug 7, 2025
Keybanc
Keybanc
Buy
Maintains
$205$211
BuyMaintains$205$211+20.32%Aug 1, 2025
Keybanc
Keybanc
Buy
Maintains
$172$205
BuyMaintains$172$205+16.90%Jul 16, 2025
Stifel
Stifel
Strong Buy
Maintains
$174$204
Strong BuyMaintains$174$204+16.33%Jul 11, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.64B
from 3.36B
Increased by 8.11%
Revenue Next Year
3.86B
from 3.64B
Increased by 6.19%
EPS This Year
7.11
from 1.83
Increased by 288.26%
EPS Next Year
8.37
from 7.11
Increased by 17.86%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.25B2.50B3.01B3.64B3.36B3.64B3.86B
Revenue Growth
8.51%11.16%20.42%21.12%-7.73%8.11%6.19%
EPS
3.484.954.915.401.837.118.37
EPS Growth
53.98%42.24%-0.81%9.98%-66.11%288.26%17.86%
Forward PE
-----24.6820.94
No. Analysts
-----76
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue2025202620272028
High3.8B4.1B
Avg3.6B3.9B
Low3.4B3.6B

Revenue Growth

Revenue Growth2025202620272028
High
13.3%
13.1%
Avg
8.1%
6.2%
Low
1.1%
-2.0%

EPS Forecast

EPS2025202620272028
High7.939.21
Avg7.118.37
Low6.227.14

EPS Growth

EPS Growth2025202620272028
High
333.1%
29.6%
Avg
288.3%
17.9%
Low
240.1%
0.6%
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.