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MYR Group (MYRG): analyst forecast and price target

$280 −1.89% close 16.10.26 · market cap $4.4B · General · Engineering & Construction IWM 0.15%
Price targets and ratings of

Analyst consensus

Moderate Buy

3 Buy2 Hold0 Sell

Ratings of 5 analysts in the last 3 months · top analysts only

12-month forecast

$379+35.4% upside

Based on 5 price targets given in the last 3 months, the average target is $379, the highest $393, the lowest $370. The average is +35.4% from the last price of $280.

$200$300$400$500Jan 26AprJulOctJan 27AprJulOctHigh$393Average$379Low$370
Highest target $393 Average target $379 Lowest target $370
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Brian Brophy★★★★★★★★★★#125 · hits 75% · avg +45.7% Stifel Nicolaus $445 → $393−11.7% Buy +40.3% Reiterated 08.10.26on TipRanks 07:00 −0.3%next day −0.3% · 5 days −7.8%
Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% Jefferies $377 → $370−1.9% Buy +32.1% Upgrade 06.10.26on TipRanks 04:50 +6.7%next day −3.3% · 5 days −4.6%
Brent Thielman★★★★★★★★★★#40 · hits 69% · avg +30.3% Oppenheimer — Hold — Reiterated 03.08.26on TipRanks 08:10 +0.1%next day −1.2% · 5 days −4.3%
Sangita Jain★★★★★★★★★★#1768 · hits 51% · avg +12.0% KeyBanc — Hold — Reiterated 31.07.26on TipRanks 05:33 0.0%next day +0.1% · 5 days −2.3%
Tim Moore CFA★★★★★★★★★★#12043 · hits 42% · avg −8.9% Clear Street $530 Buy +89.2% Reiterated 30.07.26on TipRanks 13:50 +1.0%next day 0.0% · 5 days −3.5%
Justin Hauke★★★★★★★★★★#920 · hits 67% · avg +21.3% Robert W. Baird $450 → $375−16.7% Buy +33.9% Reiterated 30.07.26on TipRanks 08:46 +1.0%next day 0.0% · 5 days −3.5%
Manish Somaiya★★★★★★★★★★#6450 · hits 49% · avg +2.1% Cantor Fitzgerald $564 Buy +101.3% Reiterated 29.07.26on TipRanks Jul 30 09:05 −3.9%next day +1.0% · 5 days −1.9%
Jon Braatz★★★★★★★★★★#2441 · hits 76% · avg +22.5% Kansas City Capital — Hold — Downgrade 04.05.26on TipRanks 11:55 +5.6%next day +1.9% · 5 days −2.5%
Atidrip Modak★★★★★★★★★★#1433 · hits 51% · avg +22.0% Goldman Sachs $248 → $296+19.4% Hold +5.7% Reiterated 03.03.26on TipRanks 06:20 −0.5%next day +1.1% · 5 days −0.2%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering MYR Group

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Brian Brophy★★★★★★★★★★Stifel Nicolaus · #125
Hits 75%119 of 159 Average return +45.7%
1 year Brian Brophy★★★★★★★★★★Stifel Nicolaus · #125
Hits 75%119 of 159 Average return +45.7%
2 years Justin Hauke★★★★★★★★★★Robert W. Baird · #920
Hits 67%66 of 99 Average return +21.3%

Most profitable

3 months Brian Brophy★★★★★★★★★★Stifel Nicolaus · #125
Hits 75%119 of 159 Average return +45.7%
1 year Justin Hauke★★★★★★★★★★Robert W. Baird · #920
Hits 67%66 of 99 Average return +21.3%
2 years Justin Hauke★★★★★★★★★★Robert W. Baird · #920
Hits 67%66 of 99 Average return +21.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $478 at a price of $292 (+63.6%); now: $446 at $280 (+59.3%).

$300$400Sep 15Oct 1Oct 15Top analysts$379Average target$446Price$280

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

025744Oct 2534Nov34Dec21Jan 2632Feb43Mar63Apr53May43Jun124Jul123Aug122Sep31Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy001110
Buy542223
Hold334321
Sell000000

Earnings and sales forecast

Next report: 28.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.99 (from $2.70 to $3.30). Last quarter: $3.17.

Sales

Next quarter’s sales estimate — $1.2B (from $1.1B to $1.2B). Last quarter: $1.1B.

Best top-analyst consensus in the sector · General

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About MYR Group
  • CEO: Richard S. Swartz Jr.
  • Employees: 9,000
  • 12150 East 112th Avenue, Thornton, CO, 80241, US
  • www.myrgroup.com

Operating across the United States and Canada, MYR Group Inc. is a leading provider of electrical construction services, delivered through its two core divisions: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution division specializes in comprehensive services for electrical transmission and distribution grids, as well as substation infrastructure. These offerings span design, engineering, procurement, construction, enhancements, upkeep, and repairs, primarily targeting clients within the electric utility sector. Key activities include building and maintaining high-voltage transmission lines, substations, and both underground and overhead lower-voltage distribution systems. The segment also handles renewable power installations, some gas construction projects, and critical emergency restoration following natural disasters like hurricanes or ice storms. As a prime contractor, MYR serves a diverse client base, including investor-owned utilities, cooperatives, private developers, government-funded entities, independent power producers, transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial division delivers a variety of services, encompassing the design, installation, maintenance, and repair of electrical wiring for commercial and industrial settings. This also extends to installing traffic control networks and lighting systems for bridges, roadways, and tunnels. Their expertise is applied across a wide array of venues, such as airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy sites, manufacturing and processing plants, wastewater treatment facilities, mining operations, and transportation management systems. Clients for this segment include general contractors, commercial and industrial property owners, government agencies, and developers. Established in 1891, MYR Group Inc. maintains its corporate headquarters in Henderson, Colorado.

Data from the stock’s TipRanks forecast page, read 63 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗