MYRG: Transmission And Distribution Upswing Will Drive Stronger Project Momentum

Analysts have increased MYR Group's fair value estimate by $10.40 to $238.40. This change reflects improved prospects in transmission and distribution spending, as well as stronger project bidding activity.

Shared on 07 Nov 25

Fair value Increased 4.59%

MYRG: Transmission And Distribution Momentum Will Drive Cautious Optimism Into Earnings Season

Analysts have raised MYR Group's fair value estimate by $10 to $228 per share, citing stronger than expected growth in transmission and distribution activity and improved bidding momentum as key factors supporting the revised outlook. Analyst Commentary Recent analyst updates on MYR Group highlight a mix of optimism and caution, with views reflecting both the company's near-term momentum and considerations around valuation.

Shared on 24 Oct 25

MYR Group's analyst price target increased by $8 to $226, as analysts cited accelerating Transmission and Distribution activity as well as improving bidding trends in recent surveys. Analyst Commentary Recent Street research on MYR Group reveals a range of perspectives on the company’s current valuation, growth potential, and execution track record.

Shared on 09 Oct 25

Fair value Increased 4.01%

Analysts have raised their fair value price target for MYR Group from $209.60 to $218.00. They cite notable improvements in transmission and distribution activity, as well as continued operational momentum, as drivers for the upward revision.

Shared on 05 Sep 25

Despite MYR Group’s improving execution, margin outlook, and data center exposure, analysts believe much of the optimism is already priced in, resulting in an unchanged consensus price target of $209.60. Analyst Commentary Bullish analysts highlighted MYR Group's recovery from previous execution challenges, noting positive momentum and the potential for sustained high single-digit core growth across both operating segments.