MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
156.85
-1.36 (-0.86%)
At close: May 30, 2025, 4:00 PM
156.80
-0.05 (-0.03%)
After-hours: May 30, 2025, 7:51 PM EDT
MYR Group Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for MYR Group stock ranges from a low of $131 to a high of $170. The average analyst price target of $152.4 forecasts a -2.84% decrease in the stock price over the next year.
Price Target: $152.40 (-2.84%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MYR Group stock 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 2 | 2 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $138 → $153 | Hold | Maintains | $138 → $153 | -2.45% | May 27, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $124 → $138 | Hold | Maintains | $124 → $138 | -12.02% | May 5, 2025 |
| Keybanc | Keybanc | Buy Maintains $136 → $163 | Buy | Maintains | $136 → $163 | +3.92% | May 2, 2025 |
| Baird | Baird | Buy Maintains $159 → $170 | Buy | Maintains | $159 → $170 | +8.38% | May 1, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $164 → $145 | Strong Buy | Maintains | $164 → $145 | -7.55% | Apr 24, 2025 |
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%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.8B | 4.0B | 4.3B |
| Avg | 3.5B | 3.7B | 4.2B |
| Low | 3.4B | 3.5B | 4.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 11.7% | 12.2% | 16.2% |
| Avg | 5.5% | 5.5% | 12.9% |
| Low | -0.1% | -0.1% | 8.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.98 | 8.87 | 9.61 |
| Avg | 6.53 | 7.76 | 9.33 |
| Low | 5.74 | 6.86 | 8.97 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.