MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
115.22
+1.31 (1.15%)
Apr 17, 2025, 2:07 PM EDT - Market open
MYR Group Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for MYR Group stock have an average target of 147.83, with a low estimate of 124 and a high estimate of 184. The average target predicts an increase of 28.30% from the current stock price of 115.22.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MYR Group stock from 6 stock analysts 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 2 | 2 | 2 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 4 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $157 → $131 | Strong Buy | Maintains | $157 → $131 | +13.70% | Apr 9, 2025 |
| Piper Sandler | Piper Sandler | Hold Initiates $124 | Hold | Initiates | $124 | +7.62% | Apr 8, 2025 |
| Keybanc | Keybanc | Hold → Buy Upgrades $136 | Hold → Buy | Upgrades | $136 | +18.04% | Mar 14, 2025 |
| Baird | Baird | Buy Maintains $201 → $159 | Buy | Maintains | $201 → $159 | +38.00% | Feb 27, 2025 |
| Stifel | Stifel | Strong Buy Maintains $153 → $172 | Strong Buy | Maintains | $153 → $172 | +49.28% | Dec 11, 2024 |
Financial Forecast
Revenue This Year
3.53B
from 3.36B
Increased by 5.11%
Revenue Next Year
3.74B
from 3.53B
Increased by 5.94%
EPS This Year
6.24
from 1.83
Increased by 240.78%
EPS Next Year
7.50
from 6.24
Increased by 20.26%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.8B | 4.1B | 4.3B |
| Avg | 3.5B | 3.7B | 4.2B |
| Low | 3.3B | 3.5B | 4.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 12.9% | 14.7% | 16.1% |
| Avg | 5.1% | 5.9% | 12.8% |
| Low | -1.6% | -1.5% | 8.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.46 | 8.28 | 9.61 |
| Avg | 6.24 | 7.50 | 9.33 |
| Low | 5.48 | 6.71 | 8.97 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 307.4% | 32.8% | 28.1% |
| Avg | 240.8% | 20.3% | 24.4% |
| Low | 199.4% | 7.6% | 19.6% |
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.