MYR Group Stock Forecast

Stock Price Forecast

According to 7 professional analysts, the 12-month price target for MYR Group stock ranges from a low of $153 to a high of $211. The average analyst price target of $192.86 forecasts a 8.74% increase in the stock price over the next year.

Price Target: $192.86 (+8.74%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$153	$192.86	$204	$211
Change	-13.73%	+8.74%	+15.02%	+18.97%

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

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	3	2	2	1	1	1
Buy	2	2	2	2	3	3
Hold	0	1	1	2	2	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Initiates $202	Hold	Initiates	$202	+13.89%	Aug 15, 2025
Ati Modak Goldman Sachs	Goldman Sachs	Hold Maintains $168 → $205	Hold	Maintains	$168 → $205	+15.58%	Aug 7, 2025
Sangita Jain Keybanc	Keybanc	Buy Maintains $205 → $211	Buy	Maintains	$205 → $211	+18.97%	Aug 1, 2025
Eric Heath Keybanc	Keybanc	Buy Maintains $172 → $205	Buy	Maintains	$172 → $205	+15.58%	Jul 16, 2025
Brian Brophy Stifel	Stifel	Strong Buy Maintains $174 → $204	Strong Buy	Maintains	$174 → $204	+15.02%	Jul 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.58B

from 3.36B

6.56%

from 3.36B

Revenue Next Year

3.80B

from 3.58B

6.14%

from 3.58B

EPS This Year

6.77

from 1.83

270.10%

from 1.83

EPS Next Year

8.22

from 6.77

21.35%

from 6.77

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.25B	2.50B	3.01B	3.64B	3.36B	3.58B	3.80B	4.26B
Revenue Growth	8.51%	11.16%	20.42%	21.12%	-7.73%	6.56%	6.14%	12.12%
EPS	3.48	4.95	4.91	5.40	1.83	6.77	8.22	10.52
EPS Growth	53.98%	42.24%	-0.81%	9.98%	-66.11%	270.10%	21.35%	27.96%
Forward PE	-	-	-	-	-	26.19	21.58	16.87
No. Analysts	-	-	-	-	-	7	6	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	3.8B	4.1B	4.4B
Avg	3.6B	3.8B	4.3B
Low	3.4B	3.5B	4.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.8%	14.2%	15.4%
Avg	6.6%	6.1%	12.1%
Low	0.2%	-1.2%	7.7%

EPS Forecast

EPS	2025	2026	2027
High	7.98	9.22	10.83
Avg	6.77	8.22	10.52
Low	5.74	6.93	10.10

EPS Growth

EPS Growth	2025	2026	2027
High	336.1%	36.1%	31.7%
Avg	270.1%	21.3%	28.0%
Low	213.8%	2.3%	22.9%

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.