MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
310.87
-7.13 (-2.24%)
At close: Aug 21, 2026, 4:00 PM EDT
309.00
-1.87 (-0.60%)
After-hours: Aug 21, 2026, 7:59 PM EDT

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 $392.5. The average 1-year stock price forecast is 26.26% higher than the current stock price, while the lowest is $295 (-5.11%) and the highest is $445 (+43.15%).

Price Target: $392.5 (+26.26%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$295$392.5$399.5$445
Change-5.11%+26.26%+28.51%+43.15%

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
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy444333
Buy000000
Hold333444
Sell000000
Strong Sell000000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$503$445
BuyMaintains$503$445+43.15%Aug 5, 2026
Oppenheimer
Oppenheimer
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 3, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aJul 31, 2026
Clear Street
Clear Street
Buy
Maintains
$530
BuyMaintains$530+70.49%Jul 30, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$564
BuyMaintains$564+81.43%Jul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
4.39B
from 3.66B
Increased by 19.98%
Revenue Next Year
5.07B
from 4.39B
Increased by 15.47%
EPS This Year
12.19
from 7.53
Increased by 61.82%
EPS Next Year
14.57
from 12.19
Increased by 19.59%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.50B3.01B3.64B3.36B3.66B4.39B
Revenue Growth
11.16%20.42%21.12%-7.73%8.79%19.98%
Gross Profit
324.98M343.96M364.40M290.32M423.79M560.87M
Gross Margin
13.01%11.43%10.00%8.63%11.59%12.78%
Operating Income
115.46M112.53M124.88M57.53M162.61M268.93M
Net Income
85.01M83.38M90.99M30.26M118.42M188.68M
EPS
----7.5312.19
EPS Growth
----311.48%61.82%
Forward PE
22.7919.1222.2930.7325.5725.51
Free Cash Flow
77.80M45.44M-26.53M22.28M231.22M189.40M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High4.4B
Avg4.4B
Low4.2B

Revenue Growth

Revenue Growth202620272028
High
21.7%
Avg
20.0%
Low
15.7%

EPS Forecast

EPS202620272028
High12.86
Avg12.19
Low11.72

EPS Growth

EPS Growth202620272028
High
70.8%
Avg
61.8%
Low
55.6%