Sterling Infrastructure, Inc. (STRL)

Sterling Infrastructure Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for STRL stock has a target of 115, which predicts a decrease of -39.29% from the current stock price of 189.43.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$115	$115	$115	$115
Change	-39.29%	-39.29%	-39.29%	-39.29%

* Price targets were last updated on Feb 28, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for STRL is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brent Thielman DA Davidson	DA Davidson	Strong Buy → Hold Downgrades $86 → $115	Strong Buy → Hold	Downgrades	$86 → $115	-39.29%	Feb 28, 2024
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $52 → $65	Strong Buy	Maintains	$52 → $65	-65.69%	Jul 3, 2023
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $48 → $52	Strong Buy	Maintains	$48 → $52	-72.55%	May 3, 2023
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $20 → $15	Strong Buy	Maintains	$20 → $15	-92.08%	Apr 3, 2020
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $18 → $25	Strong Buy	Maintains	$18 → $25	-86.80%	Oct 9, 2019

More Analyst Ratings

Financial Forecast

Revenue This Year

2.20B

Increased by 11.65%

from 1.97B

Revenue Next Year

2.35B

Increased by 6.68%

from 2.20B

EPS This Year

5.86

Increased by 31.96%

from 4.44

EPS Next Year

6.34

Increased by 8.14%

from 5.86

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.13B	1.23B	1.41B	1.77B	1.97B	2.20B	2.35B	2.57B
Revenue Growth	8.54%	8.92%	15.30%	25.10%	11.46%	11.65%	6.68%	9.37%
EPS	1.47	1.50	2.15	3.48	4.44	5.86	6.34	6.83
EPS Growth	58.06%	2.11%	43.29%	61.74%	27.63%	31.96%	8.14%	7.86%
Forward PE	-	-	-	-	-	32.33	29.90	27.72
No. Analysts	-	-	-	-	-	5	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	2.3B	2.4B	2.6B
Avg	2.2B	2.3B	2.6B
Low	2.1B	2.2B	2.5B

Revenue Growth

Revenue Growth	2024	2025	2026
High	15.8%	11.1%	12.6%
Avg	11.7%	6.7%	9.4%
Low	6.3%	0.1%	5.1%

EPS Forecast

EPS	2024	2025	2026
High	6.22	6.92	7.04
Avg	5.86	6.34	6.83
Low	5.51	5.90	6.57

EPS Growth

EPS Growth	2024	2025	2026
High	40.0%	18.1%	11.0%
Avg	32.0%	8.1%	7.9%
Low	24.0%	0.7%	3.6%

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.