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MYRG logo

MYR Group Inc. Stock Price

NasdaqGS:MYRG Community·US$4.5b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 21 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

MYRG Share Price Performance

US$284.47
105.30 (58.77%)
​
US$433.00
Fair Value
US$284.47
105.30 (58.77%)
34.3% undervalued intrinsic discount
US$433.00
Fair Value
Price US$284.47
AnalystConsensusTarget US$433.00
AnalystLowTarget US$375.00
AnalystHighTarget US$445.00
Thu, 30 Jul 26
Fair ValueUS$433.00
Share Pricen/a

MYRG Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$433 34.3% undervalued intrinsic discount

Accelerating Grid Upgrades And Data Center Demand Will Drive New Opportunities

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9users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$375 24.1% undervalued intrinsic discount

Electrification And Data Center Demand Will Eventually Expose Margin And Backlog Vulnerabilities

0users have liked this narrative
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0users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$445 36.1% undervalued intrinsic discount

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

0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
MYRG logo
MYR Group
24.1% undervalued intrinsic discount

Electrification And Data Center Demand Will Eventually Expose Margin And Backlog Vulnerabilities

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 3 Sep
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MYRG logo
MYR Group
34.3% undervalued intrinsic discount

Accelerating Grid Upgrades And Data Center Demand Will Drive New Opportunities

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 30 Jul
Read Narrative
MYRG logo
MYR Group
36.1% undervalued intrinsic discount

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

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AN
AnalystHighTarget
AnalystHighTarget
Updated 14 Aug
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Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystLowTarget
MYRG logo

MYRG: Grid Expansion And Acquisitions Will Drive Long-Term Upside Potential

Fair Value: US$375 24.1% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
MYRG logo

MYRG: Grid Expansion And Data Center Demand Will Support Long-Term Earnings Power

Fair Value: US$445 36.1% undervalued intrinsic discount
2 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystConsensusTarget
MYRG logo

MYRG: Backlog To 2028 Will Meet C&I Acquisition Upside

Fair Value: US$433 34.3% undervalued intrinsic discount
9 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Very undervalued with outstanding track record.

0 Risks
5 Rewards
View Full Analysis

MYR Group Inc. Key Details

US$4.0b

Revenue

US$3.5b

Cost of Revenue

US$500.3m

Gross Profit

US$335.0m

Other Expenses

US$165.3m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
10.62
12.49%
4.13%
1.2%
View Full Analysis

About MYRG

Founded
1891
Employees
9000
CEO
Richard Swartz
WebsiteView website
www.myrgroup.com

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice storm, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.

Recent MYRG News & Updates

Seeking Alpha • 44m

MYR Group: The Pullback Has Made It Worth Watching But Not Buying Just Yet

Summary MYR Group remains a hold despite strong Q2 results and robust data center/grid tailwinds; I seek a further price pullback before upgrading. Q2 EPS surged 86% YoY to $3.17, with revenue up 20% to $1.08B, driven by record C&I segment growth and margin expansion. Backlog hit a record $3.16B (+20% YoY), but a significant portion from large projects will not impact revenue until late 2027. Recent Valley and Comet Electric acquisitions expand data center exposure but raise net debt to $288.5M; MYRG trades at fair value, not a bargain. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 03

MYRG: Grid Expansion And Acquisitions Will Drive Long-Term Upside Potential

Analysts have reset the MYR Group fair value estimate to $375, up from $295, citing updated models that reflect projected revenue growth, margins, and the role of acquisitions and grid related projects in supporting higher long term price targets across recent research. Analyst Commentary on MYR Group Recent Street research on MYR Group sends a mixed message to investors.
User avatar
Narrative Update • Aug 14

MYRG: Grid Expansion And Data Center Demand Will Support Long-Term Earnings Power

Analysts have trimmed their MYR Group price targets to a range of $422 to $445 from prior levels of approximately $469 to $564, reflecting updated models that factor in higher projected revenue growth, slightly lower margin assumptions, and a more moderate future P/E multiple, while still pointing to benefits from U.S. grid expansion, data center demand, and recent C&I acquisitions. Analyst Commentary Recent Street research on MYR Group points to a mix of trimmed price targets and continued confidence in the company’s position in U.S. power infrastructure and data center related projects.

Recent updates

No updates

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