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Dycom Industries (DY) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

DY Stock Forecast

Dycom Industries stock forecast is as follows: an average price target of $230.50 (represents a 36.07% upside from DY’s last price of $169.40) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

DY Price Target

The average price target for Dycom Industries (DY) is $230.50 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $234.00 to $227.00. This represents a potential 36.07% upside from DY's last price of $169.40.

DY Analyst Ratings

Buy

According to 8 Wall Street analysts, Dycom Industries's rating consensus is 'Buy'. The analyst rating breakdown for DY stock is 1 'Strong Buy' (12.50%), 6 'Buy' (75.00%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Dycom Industries Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Alex RygielB.Riley Financial$234.00$187.9924.47%38.13%
Oct 08, 2024Sangita JainKeyBanc$227.00$190.8118.97%34.00%
May 31, 2024Alex RygielB.Riley Financial$205.00$184.3311.21%21.02%
May 23, 2024Christian SchwabCraig-Hallum$190.00$174.328.99%12.16%
May 23, 2024Frank LouthanRaymond James$195.00$170.8414.15%15.11%
May 23, 2024Eric LuebchowWells Fargo$185.00$167.1410.69%9.21%
May 23, 2024Sangita JainKeyBanc$179.00$170.724.85%5.67%
May 22, 2024Brent ThielmanD.A. Davidson$200.00$167.1419.66%18.06%
May 20, 2024Eric LuebchowWells Fargo$175.00$152.0415.10%3.31%
May 13, 2024Sangita JainKeyBanc$169.00$150.6012.22%-0.24%
Mar 08, 2024Alex RygielB.Riley Financial$172.00$142.8320.42%1.53%
Nov 22, 2023Eric LuebchowWells Fargo$101.00$103.02-1.96%-40.38%
Oct 20, 2023Strong BuyRaymond James$120.00$85.3740.56%-29.16%
Nov 14, 2022Wells Fargo$120.00$108.8610.23%-29.16%
May 27, 2022D.A. Davidson$125.00$94.0832.87%-26.21%
May 11, 2022Wells Fargo$110.00$78.2640.56%-35.06%

The latest Dycom Industries stock forecast, released on Oct 16, 2024 by Alex Rygiel from B.Riley Financial, set a price target of $234.00, which represents a 24.47% increase from the stock price at the time of the forecast ($187.99), and a 38.13% increase from DY last price ($169.40).

Dycom Industries Price Target by Period

1M3M12M
# Anlaysts-211
Avg Price Target-$230.50$193.73
Last Closing Price$169.40$169.40$169.40
Upside/Downside-100.00%36.07%14.36%

In the current month, the average price target of Dycom Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dycom Industries's last price of $169.40. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2024KeyBancOverweightOverweightHold
Aug 22, 2024B. Riley SecuritiesBuyBuyHold
Aug 22, 2024B. RileyBuyBuyHold
Aug 22, 2024KeyBancOverweightOverweightHold
Jul 17, 2024Wells FargoOverweightOverweightHold
May 31, 2024B. RileyBuyBuyHold
May 23, 2024Craig-HallumBuyBuyHold
May 23, 2024Raymond JamesStrong BuyStrong BuyHold
May 20, 2024Wells FargoOverweightOverweightHold
May 14, 2024Bank of America SecuritiesBuyBuyHold
May 13, 2024KeyBancOverweightOverweightHold
Apr 02, 2024Bank of America SecuritiesBuyBuyHold
Nov 22, 2023B. Riley SecuritiesNeutralNeutralHold
Nov 22, 2023Wells FargoOverweightOverweightHold
Oct 20, 2023Raymond JamesStrong BuyUpgrade
May 25, 2023Morgan StanleyEqual-WeightInitialise
May 25, 2023Wells FargoOverweightUpgrade

Dycom Industries's last stock rating was published by KeyBanc on Oct 08, 2024. The company gave DY a "Overweight" rating, the same as its previous rate.

Dycom Industries Financial Forecast

Dycom Industries Revenue Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
Revenue-------------$1.14B$830.41M$1.05B$917.47M$1.04B$972.27M$876.30M$761.48M$853.97M$787.57M-$750.66M$810.26M$823.92M$814.32M$737.60M$884.12M
Avg Forecast$1.23B$1.50B$1.44B$1.32B$1.21B$1.44B$1.36B$1.24B$1.02B$1.22B$1.20B$1.09B$968.87M$1.07B$1.03B$939.22M$814.28M$975.50M$932.70M$779.50M$722.35M$814.79M$810.47M$752.08M$724.45M$817.69M$851.57M$741.57M$726.44M$849.87M
High Forecast$1.24B$1.50B$1.45B$1.32B$1.21B$1.45B$1.37B$1.25B$1.03B$1.23B$1.20B$1.09B$969.89M$1.07B$1.04B$942.04M$816.73M$1.02B$973.02M$813.20M$753.58M$850.02M$845.51M$784.60M$755.77M$853.04M$888.39M$773.63M$757.84M$886.61M
Low Forecast$1.23B$1.49B$1.44B$1.31B$1.21B$1.44B$1.36B$1.24B$1.02B$1.22B$1.20B$1.09B$967.85M$1.06B$1.03B$936.35M$811.79M$948.82M$907.18M$758.18M$702.59M$792.50M$788.30M$731.51M$704.63M$795.32M$828.28M$721.29M$706.57M$826.62M
# Analysts222221115522794465335548591016911
Surprise %-------------1.06%0.80%1.11%1.13%1.07%1.04%1.12%1.05%1.05%0.97%-1.04%0.99%0.97%1.10%1.02%1.04%

Dycom Industries's average Quarter revenue forecast for Jan 24 based on 7 analysts is $968.87M, with a low forecast of $967.85M, and a high forecast of $969.89M. DY's average Quarter revenue forecast represents a -14.72% decrease compared to the company's last Quarter revenue of $1.14B (Oct 23).

Dycom Industries EBITDA Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts222221115522794465335548591016911
EBITDA-------------$160.49M$107.47M$114.74M$80.19M$115.20M$103.54M$65.98M$41.29M$81.36M$71.47M-$41.15M$88.98M$98.29M$67.56M$42.88M$89.03M
Avg Forecast$119.72M$145.03M$140.09M$127.64M$117.26M$140.09M$132.33M$120.52M$99.31M$118.65M$116.13M$186.96M$93.99M$103.80M$100.27M$169.96M$56.06M$93.46M$89.36M$154.51M$69.21M$78.06M$77.65M$141.64M$69.41M$78.34M$81.59M$89.60M$69.60M$81.42M
High Forecast$120.07M$145.46M$140.51M$128.02M$117.62M$140.51M$132.73M$120.88M$99.61M$119.62M$116.17M$224.35M$94.09M$104.13M$100.57M$203.96M$67.27M$97.50M$93.22M$185.41M$72.20M$81.44M$81.01M$169.97M$72.41M$81.73M$85.12M$107.52M$72.61M$84.94M
Low Forecast$119.35M$144.59M$139.66M$127.25M$116.90M$139.66M$131.92M$120.15M$99.01M$118.28M$116.09M$149.57M$93.89M$103.11M$99.96M$135.97M$44.84M$90.91M$86.92M$123.61M$67.31M$75.93M$75.53M$113.31M$67.51M$76.20M$79.36M$71.68M$67.70M$79.20M
Surprise %-------------1.55%1.07%0.68%1.43%1.23%1.16%0.43%0.60%1.04%0.92%-0.59%1.14%1.20%0.75%0.62%1.09%

7 analysts predict DY's average Quarter EBITDA for Jan 24 to be $93.99M, with a high of $94.09M and a low of $93.89M. This is -41.44% lower than Dycom Industries's previous annual EBITDA (Oct 23) of $160.49M.

Dycom Industries Net Income Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts222221115522794465335548591016911
Net Income-------------$83.74M$60.25M$51.52M$24.81M$54.01M$43.86M$19.54M$794.00K$28.72M$18.16M-$-4.20M$33.93M$37.02M$-32.42M$-11.19M$24.23M
Avg Forecast$51.77M$106.14M$98.94M$61.17M$41.44M$96.42M$84.35M$54.02M$27.43M$68.11M$66.57M$118.00$27.83M$51.67M$48.94M$108.00$19.69M$38.99M$29.21M$99.00$-2.13M$20.27M$21.45M$-14.16M$1.22M$30.45M$19.93M$-57.06M$-2.26M$21.24M
High Forecast$51.97M$106.55M$99.32M$61.41M$41.61M$96.80M$84.68M$54.24M$30.09M$87.52M$66.60M$143.00$27.88M$57.47M$49.14M$130.00$23.62M$41.18M$30.86M$119.00$-2.05M$21.41M$22.65M$-11.33M$1.29M$32.16M$21.05M$-45.65M$-2.18M$22.43M
Low Forecast$51.56M$105.72M$98.54M$60.93M$41.28M$96.04M$84.01M$53.81M$24.48M$54.48M$66.54M$94.00$27.77M$49.06M$48.75M$86.00$15.75M$37.60M$28.18M$79.00$-2.25M$19.55M$20.68M$-16.99M$1.18M$29.36M$19.22M$-68.48M$-2.38M$20.48M
Surprise %-------------1.62%1.23%477064.81%1.26%1.39%1.50%197333.33%-0.37%1.42%0.85%--3.44%1.11%1.86%0.57%4.96%1.14%

Dycom Industries's average Quarter net income forecast for Jan 24 is $27.83M, with a range of $27.77M to $27.88M. DY's average Quarter net income forecast represents a -66.77% decrease compared to the company's last Quarter net income of $83.74M (Oct 23).

Dycom Industries SG&A Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts222221115522794465335548591016911
SG&A-------------$87.51M$84.83M$82.36M$71.96M$78.80M$73.34M$69.38M$63.79M$66.90M$64.73M-$63.90M$62.63M$67.36M$65.89M$60.98M$69.88M
Avg Forecast$97.94M$118.64M$114.60M$104.42M$95.93M$114.60M$108.25M$98.59M$81.24M$97.06M$95.00M$-165.87K$76.89M$84.91M$82.03M$-150.79K$45.86M$77.41M$74.02M$-137.08K$57.32M$64.66M$64.32M$215.66M$57.49M$64.89M$67.58M$310.98M$57.65M$67.44M
High Forecast$98.23M$119.00M$114.94M$104.73M$96.22M$114.94M$108.58M$98.89M$81.49M$97.86M$95.03M$-132.69K$76.97M$85.19M$82.27M$-120.63K$55.03M$80.76M$77.22M$-109.66K$59.80M$67.46M$67.10M$258.79M$59.98M$67.70M$70.50M$373.18M$60.14M$70.36M
Low Forecast$97.64M$118.28M$114.25M$104.10M$95.64M$114.25M$107.92M$98.29M$81.00M$96.76M$94.97M$-199.04K$76.81M$84.35M$81.78M$-180.95K$36.69M$75.30M$71.99M$-164.50K$55.76M$62.89M$62.56M$172.53M$55.92M$63.12M$65.73M$248.79M$56.07M$65.60M
Surprise %-------------1.03%1.03%-546.18%1.57%1.02%0.99%-506.13%1.11%1.03%1.01%-1.11%0.97%1.00%0.21%1.06%1.04%

Dycom Industries's average Quarter SG&A projection for Jan 24 is $76.89M, based on 7 Wall Street analysts, with a range of $76.81M to $76.97M. The forecast indicates a -12.14% fall compared to DY last annual SG&A of $87.51M (Oct 23).

Dycom Industries EPS Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts222221115522794465335548591016911
EPS-------------$2.85$2.05$1.75$0.84$1.83$1.48$0.66$0.03$0.95$0.60-$-0.13$1.06$1.17$-1.03$-0.35$0.77
Avg Forecast$1.76$3.60$3.36$2.07$1.41$3.27$2.86$1.83$0.93$2.31$2.26$1.57$0.94$1.75$1.66$0.70$0.13$1.32$0.99$0.16$-0.07$0.69$0.73$0.06$0.04$1.03$0.68$-0.06$-0.08$0.72
High Forecast$1.76$3.61$3.37$2.08$1.41$3.28$2.87$1.84$1.02$2.97$2.26$1.61$0.95$1.95$1.67$0.70$0.13$1.40$1.05$0.16$-0.07$0.73$0.77$0.06$0.04$1.09$0.72$-0.06$-0.07$0.76
Low Forecast$1.75$3.59$3.34$2.07$1.40$3.26$2.85$1.83$0.83$1.85$2.26$1.54$0.94$1.66$1.65$0.70$0.13$1.28$0.96$0.15$-0.08$0.66$0.70$0.06$0.04$1.00$0.65$-0.07$-0.08$0.70
Surprise %-------------1.63%1.23%2.50%6.67%1.38%1.49%4.24%-0.37%1.38%0.82%--3.14%1.02%1.73%16.48%4.56%1.07%

According to 7 Wall Street analysts, Dycom Industries's projected average Quarter EPS for Jan 24 is $0.94, with a low estimate of $0.94 and a high estimate of $0.95. This represents a -66.88% decrease compared to DY previous annual EPS of $2.85 (Oct 23).

Dycom Industries Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DYDycom Industries$176.99$230.5030.23%Buy
BLDTopBuild$338.29$431.0027.41%Buy
FIXComfort Systems USA$454.47$575.0026.52%Buy
JJacobs Engineering Group$134.66$163.0021.05%Buy
APGAPi Group$38.77$46.5019.94%Buy
MTZMasTec$136.54$151.0010.59%Buy
PWRQuanta Services$336.43$327.40-2.68%Buy
MYRGMYR Group$163.42$138.33-15.35%Buy
ROADConstruction Partners$95.90$79.67-16.92%Strong Buy
GVAGranite Construction$91.78$70.00-23.73%
PRIMPrimoris Services$80.87$41.50-48.68%Buy

DY Forecast FAQ

Is Dycom Industries a good buy?

Yes, according to 8 Wall Street analysts, Dycom Industries (DY) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 87.50% of DY's total ratings.

What is DY's price target?

Dycom Industries (DY) average price target is $230.5 with a range of $227 to $234, implying a 36.07% from its last price of $169.4. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Dycom Industries stock go up soon?

According to Wall Street analysts' prediction for DY stock, the company can go up by 36.07% (from the last price of $169.4 to the average price target of $230.5), up by 38.13% based on the highest stock price target, and up by 34.00% based on the lowest stock price target.

Can Dycom Industries stock reach $300?

DY's average twelve months analyst stock price target of $230.5 does not support the claim that Dycom Industries can reach $300 in the near future.

What are Dycom Industries's analysts' financial forecasts?

Dycom Industries's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $5.26B (high $5.28B, low $5.24B), average EBITDA is $510.2M (high $511.73M, low $508.64M), average net income is $276.24M (high $277.32M, low $275.14M), average SG&A $417.38M (high $418.63M, low $416.1M), and average EPS is $9.37 (high $9.41, low $9.33). DY's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $5.49B (high $5.51B, low $5.47B), average EBITDA is $532.47M (high $534.07M, low $530.84M), average net income is $318.01M (high $319.25M, low $316.75M), average SG&A $435.6M (high $436.91M, low $434.26M), and average EPS is $10.79 (high $10.83, low $10.74).

Did the DY's actual financial results beat the analysts' financial forecasts?

Based on Dycom Industries's last annual report (Jan 2023), the company's revenue was $3.81B, beating the average analysts forecast of $3.5B by 8.75%. Apple's EBITDA was $364.92M, missing the average prediction of $393.39M by -7.24%. The company's net income was $142.21M, beating the average estimation of $87.89M by 61.81%. Apple's SG&A was $293.48M, beating the average forecast of $197.16M by 48.86%. Lastly, the company's EPS was $4.81, beating the average prediction of $2.6 by 85.09%. In terms of the last quarterly report (Oct 2023), Dycom Industries's revenue was $1.14B, beating the average analysts' forecast of $1.07B by 6.18%. The company's EBITDA was $160.49M, beating the average prediction of $103.8M by 54.62%. Dycom Industries's net income was $83.74M, beating the average estimation of $51.67M by 62.07%. The company's SG&A was $87.51M, beating the average forecast of $84.91M by 3.06%. Lastly, the company's EPS was $2.85, beating the average prediction of $1.75 by 62.62%