MYR Group Inc. (MYRG)
NASDAQ: MYRG · Real-Time Price · USD
159.79
+4.17 (2.68%)
At close: May 12, 2025, 4:00 PM
159.79
0.00 (0.00%)
After-hours: May 12, 2025, 4:05 PM EDT
MYR Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MYR Group stock have an average target of 149.4, with a low estimate of 131 and a high estimate of 170. The average target predicts a decrease of -6.50% from the current stock price of 159.79.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MYR Group stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 2 | 2 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $124 → $138 | Hold | Maintains | $124 → $138 | -13.64% | May 5, 2025 |
| Keybanc | Keybanc | Buy Maintains $136 → $163 | Buy | Maintains | $136 → $163 | +2.01% | May 2, 2025 |
| Baird | Baird | Buy Maintains $159 → $170 | Buy | Maintains | $159 → $170 | +6.39% | May 1, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $164 → $145 | Strong Buy | Maintains | $164 → $145 | -9.26% | Apr 24, 2025 |
| Stifel | Stifel | Strong Buy Maintains $157 → $131 | Strong Buy | Maintains | $157 → $131 | -18.02% | Apr 9, 2025 |
Financial Forecast
Revenue This Year
3.55B
from 3.36B
Increased by 5.46%
Revenue Next Year
3.74B
from 3.55B
Increased by 5.50%
EPS This Year
6.18
from 1.83
Increased by 237.45%
EPS Next Year
7.28
from 6.18
Increased by 17.94%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.8B | 4.0B | 4.3B |
| Avg | 3.5B | 3.7B | 4.2B |
| Low | 3.4B | 3.5B | 4.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 11.7% | 12.2% | 16.2% |
| Avg | 5.5% | 5.5% | 12.9% |
| Low | -0.1% | -0.1% | 8.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.46 | 8.28 | 9.61 |
| Avg | 6.18 | 7.28 | 9.33 |
| Low | 5.48 | 6.16 | 8.97 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 307.7% | 34.2% | 31.9% |
| Avg | 237.4% | 17.9% | 28.2% |
| Low | 199.4% | -0.2% | 23.1% |
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.