MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
275.17
-7.45 (-2.64%)
Nov 2, 2026, 2:19 PM EST - Market open

MYR Group Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, MYR Group stock has a consensus rating of "Buy" and an average price target of $370.2. The average 1-year stock price forecast is 34.54% higher than the current stock price, while the lowest is $331 (+20.29%) and the highest is $394 (+43.18%).

Price Target: $370.2 (+34.54%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$331$370.2$370$394
Change+20.29%+34.54%+34.46%+43.18%

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

Chart
RatingApr '26May '26Jul '26Aug '26Oct '26Nov '26
Strong Buy433344
Buy000000
Hold344432
Sell000000
Strong Sell000000
Total777776

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 30, 2026
Clear Street
Clear Street
Buy
Maintains
$530 → $490
BuyMaintains$530 → $490+78.07%Oct 29, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$393
BuyMaintains$393+42.82%Oct 29, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$441
BuyMaintains$441+60.26%Oct 29, 2026
Robert W. Baird
Robert W. Baird
Buy
Maintains
$375 → $363
BuyMaintains$375 → $363+31.92%Oct 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
4.55B
from 3.66B
Increased by 24.47%
Revenue Next Year
5.17B
from 4.55B
Increased by 13.61%
EPS This Year
13.13
from 7.53
Increased by 74.37%
EPS Next Year
15.24
from 13.13
Increased by 16.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.50B3.01B3.64B3.36B3.66B4.55B
Revenue Growth
11.16%20.42%21.12%-7.73%8.79%24.47%
Gross Profit
324.98M343.96M364.40M290.32M423.79M601.01M
Gross Margin
13.01%11.43%10.00%8.63%11.59%13.20%
Operating Income
115.46M112.53M124.88M57.53M162.61M302.95M
Net Income
85.01M83.38M90.99M30.26M118.42M216.10M
EPS
----7.5313.13
EPS Growth
----311.48%74.37%
Forward PE
22.7919.1222.2930.7325.5720.96
Free Cash Flow
----232.20M133.40M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High4.6B
Avg4.6B
Low4.5B

Revenue Growth

Revenue Growth202620272028
High
25.5%
Avg
24.5%
Low
22.6%

EPS Forecast

EPS202620272028
High14.08
Avg13.13
Low12.44

EPS Growth

EPS Growth202620272028
High
87.0%
Avg
74.4%
Low
65.2%