MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
423.87
+11.98 (2.91%)
Jul 14, 2026, 10:25 AM EDT - Market open

MYR Group Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, MYR Group stock has a consensus rating of "Buy" and an average price target of $455. The average 1-year stock price forecast is 7.34% higher than the current stock price, while the lowest is $295 (-30.40%) and the highest is $564 (+33.06%).

Price Target: $455 (+7.34%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$295$455$459.5$564
Change-30.40%+7.34%+8.41%+33.06%
* Price targets were last updated on May 29, 2026.

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jul '26
Strong Buy444433
Buy000000
Hold333344
Sell000000
Strong Sell000000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Oppenheimer
Oppenheimer
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 11, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$564
BuyMaintains$564+33.06%May 29, 2026
Clear Street
Clear Street
Buy
Maintains
$400$500
BuyMaintains$400$500+17.96%May 12, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$351$503
BuyMaintains$351$503+18.67%May 4, 2026
Kansas City Capital
Kansas City Capital
Hold
Downgrades
n/a
HoldDowngradesn/an/aMay 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
4.14B
from 3.66B
Increased by 13.16%
Revenue Next Year
4.59B
from 4.14B
Increased by 10.96%
EPS This Year
11.47
from 7.53
Increased by 52.27%
EPS Next Year
13.30
from 11.47
Increased by 16.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.50B3.01B3.64B3.36B3.66B4.14B
Revenue Growth
11.16%20.42%21.12%-7.73%8.79%13.16%
Gross Profit
324.98M343.96M364.40M290.32M423.79M520.71M
Gross Margin
13.01%11.43%10.00%8.63%11.59%12.58%
Operating Income
115.46M112.53M124.88M57.53M162.61M251.28M
Net Income
85.01M83.38M90.99M30.26M118.42M172.90M
EPS
----7.5311.47
EPS Growth
----311.48%52.27%
Forward PE
22.7919.1222.2930.7325.5736.97
Free Cash Flow
77.80M45.44M-26.53M22.28M231.22M182.30M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High4.3B
Avg4.1B
Low4.1B

Revenue Growth

Revenue Growth202620272028
High
18.6%
Avg
13.2%
Low
11.9%

EPS Forecast

EPS202620272028
High13.04
Avg11.47
Low10.57

EPS Growth

EPS Growth202620272028
High
73.2%
Avg
52.3%
Low
40.4%