Grid Modernization And Data Center Projects Will Support Long Term Earnings Potential

AnalystHighTarget

Analyst High Target compiles bullish analysts opinions to create narratives which represent one standard deviation above the consensus price target, using forecasted revenue and earnings figures, as well as the transcripts of earnings calls

Published

01 May 26

Updated

09 Jul 26

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Shared on 09 Jul 26

Fair value Increased 26%

MYRG: Backlog Visibility To 2028 Will Support Future Earnings Power

MYR Group’s pipeline of booked work is getting clearer, with analysts pointing to repeat projects and visibility that stretches years ahead. Some see the company entering a major growth cycle, but the stock’s recent run-up makes steady project execution and margins the key things to watch.

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Fair Value vs Share Price

US$564

vs US$322.0642.9% undervalued

12.2%

Revenue growth

4.9%

Profit margin

Recent News & Updates

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Company analysis

Outstanding track record with flawless balance sheet.

Market capUS$5.3b

PB7.1x

Estimated Growth11.2%

Dividend YieldN/A

Full analysis

CEO & management

Richard Swartz

CEO

4.9yrs

CEO Tenure

Through its subsidiaries, provides electrical construction services in the United States and Canada.