MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
425.46
-29.32 (-6.45%)
May 7, 2026, 2:55 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 $262.43, which forecasts a -38.32% decrease in the stock price over the next year. The lowest target is $153 and the highest is $350.
Price Target: $262.43 (-38.32%)
Analyst Consensus: Buy
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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Clear Street | Clear Street | Strong Buy Maintains $310 → $350 | Strong Buy | Maintains | $310 → $350 | -17.74% | Apr 17, 2026 |
| Stifel | Stifel | Strong Buy Maintains $262 → $305 | Strong Buy | Maintains | $262 → $305 | -28.31% | Mar 3, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $248 → $296 | Hold | Maintains | $248 → $296 | -30.43% | Mar 3, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $285 → $311 | Buy | Maintains | $285 → $311 | -26.90% | Mar 2, 2026 |
| Stifel | Stifel | Strong Buy Maintains $237 → $262 | Strong Buy | Maintains | $237 → $262 | -38.42% | Jan 26, 2026 |
Financial Forecast
Revenue This Year
4.11B
from 3.66B
Increased by 12.41%
Revenue Next Year
4.47B
from 4.11B
Increased by 8.80%
EPS This Year
10.06
from 7.53
Increased by 33.59%
EPS Next Year
11.50
from 10.06
Increased by 14.29%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 4.3B | 4.7B | |||
| Avg | 4.1B | 4.5B | |||
| Low | 3.9B | 4.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 17.7% | 14.3% | |||
| Avg | 12.4% | 8.8% | |||
| Low | 6.3% | -0.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 11.83 | 13.29 | |||
| Avg | 10.06 | 11.50 | |||
| Low | 8.37 | 9.10 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 57.2% | 32.1% | |||
| Avg | 33.6% | 14.3% | |||
| Low | 11.1% | -9.5% |
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 sources.