MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
167.95
+0.96 (0.57%)
Jun 18, 2025, 4:00 PM - Market closed

MYR Group Stock Forecast

Stock Price Forecast

The 5 analysts that cover MYR Group stock have a consensus rating of "Buy" and an average price target of $157, which forecasts a -6.52% decrease in the stock price over the next year. The lowest target is $131 and the highest is $170.

Price Target: $157 (-6.52%)
Analyst Consensus: Buy
Target Low Average Median High
Price $131 $157 $163 $170
Change -22.00% -6.52% -2.95% +1.22%

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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 333221
Buy 112222
Hold 200112
Sell 000000
Strong Sell 000000
Total 645555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Hold
Downgrades
$145$168
Hold Downgrades $145$168 +0.03% Jun 6, 2025
Piper Sandler
Piper Sandler
Hold
Maintains
$138$153
Hold Maintains $138$153 -8.90% May 27, 2025
Piper Sandler
Piper Sandler
Hold
Maintains
$124$138
Hold Maintains $124$138 -17.83% May 5, 2025
Keybanc
Keybanc
Buy
Maintains
$136$163
Buy Maintains $136$163 -2.95% May 2, 2025
Baird
Baird
Buy
Maintains
$159$170
Buy Maintains $159$170 +1.22% May 1, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.55B
from 3.36B
Increased by 5.46%
Revenue Next Year
3.74B
from 3.55B
Increased by 5.50%
EPS This Year
6.53
from 1.83
Increased by 256.61%
EPS Next Year
7.76
from 6.53
Increased by 18.98%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
2.25B2.50B3.01B3.64B3.36B3.55B3.74B4.22B
Revenue Growth
8.51%11.16%20.42%21.12%-7.73%5.46%5.50%12.91%
EPS
3.484.954.915.401.836.537.769.33
EPS Growth
53.98%42.24%-0.81%9.98%-66.11%256.61%18.98%20.20%
Forward PE
-----25.7421.6318.00
No. Analysts
-----873
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 3.8B4.0B4.3B
Avg 3.5B3.7B4.2B
Low 3.4B3.5B4.1B

Revenue Growth

Revenue Growth 202520262027
High
11.7%
12.2%
16.2%
Avg
5.5%
5.5%
12.9%
Low
-0.1%
-0.1%
8.5%

EPS Forecast

EPS 202520262027
High 7.988.879.61
Avg 6.537.769.33
Low 5.746.868.97

EPS Growth

EPS Growth 202520262027
High
336.1%
36.0%
23.7%
Avg
256.6%
19.0%
20.2%
Low
213.8%
5.1%
15.5%
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 disclaimer.