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
TargetLowAverageMedianHigh
Price$153$262.43$296$350
Change-64.04%-38.32%-30.43%-17.74%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy222222
Buy122222
Hold444444
Sell000000
Strong Sell000000
Total788888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Clear Street
Clear Street
Strong Buy
Maintains
$310$350
Strong BuyMaintains$310$350-17.74%Apr 17, 2026
Stifel
Stifel
Strong Buy
Maintains
$262$305
Strong BuyMaintains$262$305-28.31%Mar 3, 2026
Goldman Sachs
Goldman Sachs
Hold
Maintains
$248$296
HoldMaintains$248$296-30.43%Mar 3, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$285$311
BuyMaintains$285$311-26.90%Mar 2, 2026
Stifel
Stifel
Strong Buy
Maintains
$237$262
Strong BuyMaintains$237$262-38.42%Jan 26, 2026
More Analyst Ratings

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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
2.50B3.01B3.64B3.36B3.66B4.11B4.47B
Revenue Growth
11.16%20.42%21.12%-7.73%8.79%12.41%8.80%
EPS
4.954.915.401.837.5310.0611.50
EPS Growth
42.24%-0.81%9.98%-66.11%311.47%33.59%14.29%
Forward PE
-----42.2937.01
No. Analysts
-----109
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High4.3B4.7B
Avg4.1B4.5B
Low3.9B4.1B

Revenue Growth

Revenue Growth20262027202820292030
High
17.7%
14.3%
Avg
12.4%
8.8%
Low
6.3%
-0.1%

EPS Forecast

EPS20262027202820292030
High11.8313.29
Avg10.0611.50
Low8.379.10

EPS Growth

EPS Growth20262027202820292030
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.