MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
338.14
+4.92 (1.48%)
At close: Aug 3, 2026, 4:00 PM EDT
341.77
+3.63 (1.07%)
After-hours: Aug 3, 2026, 7:54 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 $423.33. The average 1-year stock price forecast is 25.19% higher than the current stock price, while the lowest is $295 (-12.76%) and the highest is $564 (+66.79%).

Price Target: $423.33 (+25.19%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$295$423.33$418.5$564
Change-12.76%+25.19%+23.77%+66.79%

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
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/aAug 3, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aJul 31, 2026
Clear Street
Clear Street
Buy
Maintains
$530
BuyMaintains$530+56.74%Jul 30, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$564
BuyMaintains$564+66.79%Jul 30, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$503
BuyMaintains$503+48.75%Jul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
4.41B
from 3.66B
Increased by 20.55%
Revenue Next Year
4.78B
from 4.41B
Increased by 8.50%
EPS This Year
11.82
from 7.53
Increased by 56.97%
EPS Next Year
13.83
from 11.82
Increased by 16.98%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.50B3.01B3.64B3.36B3.66B4.41B
Revenue Growth
11.16%20.42%21.12%-7.73%8.79%20.55%
Gross Profit
324.98M343.96M364.40M290.32M423.79M558.92M
Gross Margin
13.01%11.43%10.00%8.63%11.59%12.68%
Operating Income
115.46M112.53M124.88M57.53M162.61M253.36M
Net Income
85.01M83.38M90.99M30.26M118.42M184.20M
EPS
----7.5311.82
EPS Growth
----311.48%56.97%
Forward PE
22.7919.1222.2930.7325.5728.61
Free Cash Flow
77.80M45.44M-26.53M22.28M231.22M179.07M
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
20.9%
Avg
20.6%
Low
20.2%

EPS Forecast

EPS202620272028
High11.92
Avg11.82
Low11.72

EPS Growth

EPS Growth202620272028
High
58.3%
Avg
57.0%
Low
55.6%