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

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DY Stock Forecast

Dycom Industries stock forecast is as follows: an average price target of $205.17 (represents a 16.20% upside from DY’s last price of $176.56) 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 $205.17 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 $185.00. This represents a potential 16.20% upside from DY's last price of $176.56.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 16, 2024	Alex Rygiel	B.Riley Financial	$234.00	$187.99	24.47%	32.53%
Oct 08, 2024	Sangita Jain	KeyBanc	$227.00	$190.81	18.97%	28.57%
May 31, 2024	Alex Rygiel	B.Riley Financial	$205.00	$184.33	11.21%	16.11%
May 23, 2024	Christian Schwab	Craig-Hallum	$190.00	$174.32	8.99%	7.61%
May 23, 2024	Frank Louthan	Raymond James	$195.00	$170.84	14.15%	10.44%
May 23, 2024	Eric Luebchow	Wells Fargo	$185.00	$167.14	10.69%	4.78%
May 23, 2024	Sangita Jain	KeyBanc	$179.00	$170.72	4.85%	1.38%
May 22, 2024	Brent Thielman	D.A. Davidson	$200.00	$167.14	19.66%	13.28%
May 20, 2024	Eric Luebchow	Wells Fargo	$175.00	$152.04	15.10%	-0.88%
May 13, 2024	Sangita Jain	KeyBanc	$169.00	$150.60	12.22%	-4.28%

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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 32.53% increase from DY last price ($176.56).

Dycom Industries Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	12
Avg Price Target	-	$230.50	$186.00
Last Closing Price	$176.56	$176.56	$176.56
Upside/Downside	-100.00%	30.55%	5.35%

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 $176.56. 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

Date	Company	Previous Rating	New Rating	Rating Change
Oct 08, 2024	KeyBanc	Overweight	Overweight	Hold
Aug 22, 2024	B. Riley Securities	Buy	Buy	Hold
Aug 22, 2024	B. Riley	Buy	Buy	Hold
Aug 22, 2024	KeyBanc	Overweight	Overweight	Hold
Jul 17, 2024	Wells Fargo	Overweight	Overweight	Hold
May 31, 2024	B. Riley	Buy	Buy	Hold
May 23, 2024	Craig-Hallum	Buy	Buy	Hold
May 23, 2024	Raymond James	Strong Buy	Strong Buy	Hold
May 20, 2024	Wells Fargo	Overweight	Overweight	Hold
May 14, 2024	Bank of America Securities	Buy	Buy	Hold

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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 27	Oct 26	Jul 26	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 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	$1.24B	$1.43B	$1.43B	$1.36B	$1.18B	$1.42B	$1.36B	$1.26B	$1.06B	$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	$1.29B	$1.49B	$1.49B	$1.41B	$1.23B	$1.47B	$1.42B	$1.31B	$1.10B	$1.26B	$1.20B	$1.09B	$969.89M	$1.07B	$1.08B	$977.67M	$847.61M	$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	$1.20B	$1.38B	$1.38B	$1.31B	$1.14B	$1.37B	$1.32B	$1.22B	$1.02B	$1.20B	$1.20B	$1.09B	$967.85M	$1.06B	$998.18M	$907.02M	$786.36M	$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
# Analysts	3	4	4	4	4	2	2	2	6	6	3	3	8	9	4	4	7	5	3	3	5	5	4	8	5	9	10	16	9	11
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 8 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 27	Oct 26	Jul 26	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
# Analysts	3	4	4	4	4	2	2	2	6	6	3	3	8	9	4	4	7	5	3	3	5	5	4	8	5	9	10	16	9	11
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	$119.17M	$136.94M	$137.12M	$130.09M	$113.30M	$135.99M	$130.93M	$120.94M	$102.02M	$117.38M	$114.89M	$186.96M	$92.98M	$102.69M	$99.20M	$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	$124.05M	$142.54M	$142.73M	$135.41M	$117.94M	$141.55M	$136.28M	$125.89M	$105.80M	$121.17M	$114.93M	$224.35M	$93.08M	$103.02M	$103.26M	$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	$115.09M	$132.24M	$132.41M	$125.63M	$109.42M	$131.33M	$126.44M	$116.80M	$98.24M	$115.49M	$114.85M	$149.57M	$92.89M	$102.01M	$95.80M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.56%	1.08%	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%

8 analysts predict DY's average Quarter EBITDA for Jan 24 to be $92.98M, with a high of $93.08M and a low of $92.89M. This is -42.06% lower than Dycom Industries's previous annual EBITDA (Oct 23) of $160.49M.

Dycom Industries Net Income Forecast

	Jan 27	Oct 26	Jul 26	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
# Analysts	3	4	4	4	4	2	2	2	6	6	3	3	8	9	4	4	7	5	3	3	5	5	4	8	5	9	10	16	9	11
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	$50.89M	$102.88M	$96.54M	$62.92M	$39.22M	$94.01M	$84.48M	$56.05M	$30.17M	$68.00M	$66.47M	$118.00	$27.78M	$51.59M	$48.87M	$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	$53.60M	$108.36M	$101.67M	$66.27M	$41.31M	$99.02M	$88.97M	$59.03M	$32.17M	$87.39M	$66.50M	$143.00	$27.84M	$57.39M	$51.47M	$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	$48.63M	$98.30M	$92.23M	$60.12M	$37.47M	$89.82M	$80.71M	$53.55M	$28.47M	$54.40M	$66.44M	$94.00	$27.73M	$48.98M	$46.69M	$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 $27.78M, with a range of $27.73M to $27.84M. DY's average Quarter net income forecast represents a -66.82% decrease compared to the company's last Quarter net income of $83.74M (Oct 23).

Dycom Industries SG&A Forecast

	Jan 27	Oct 26	Jul 26	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
# Analysts	3	4	4	4	4	2	2	2	6	6	3	3	8	9	4	4	7	5	3	3	5	5	4	8	5	9	10	16	9	11
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	$98.54M	$113.23M	$113.38M	$107.57M	$93.69M	$112.45M	$108.26M	$100.01M	$84.36M	$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	$102.58M	$117.87M	$118.02M	$111.97M	$97.53M	$117.05M	$112.69M	$104.10M	$87.48M	$100.19M	$95.03M	$-132.69K	$76.97M	$85.19M	$85.38M	$-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	$95.16M	$109.35M	$109.49M	$103.88M	$90.48M	$108.59M	$104.55M	$96.58M	$81.23M	$95.50M	$94.97M	$-199.04K	$76.81M	$84.35M	$79.21M	$-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 8 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 27	Oct 26	Jul 26	Apr 26	Jan 26	Oct 25	Jul 25	Apr 25	Jan 25	Oct 24	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
# Analysts	3	4	4	4	4	2	2	2	6	6	3	3	8	9	4	4	7	5	3	3	5	5	4	8	5	9	10	16	9	11
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	$1.73	$3.50	$3.28	$2.14	$1.33	$3.19	$2.87	$1.90	$1.03	$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	$1.82	$3.68	$3.45	$2.25	$1.40	$3.36	$3.02	$2.01	$1.09	$2.97	$2.26	$1.61	$0.95	$1.95	$1.75	$0.74	$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	$1.65	$3.34	$3.13	$2.04	$1.27	$3.05	$2.74	$1.82	$0.97	$1.85	$2.26	$1.54	$0.94	$1.66	$1.59	$0.67	$0.12	$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 8 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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
J	Jacobs Engineering Group	$132.50	$158.17	19.37%	Buy
DY	Dycom Industries	$176.56	$205.17	16.20%	Buy
APG	APi Group	$36.00	$41.00	13.89%	Buy
BLD	TopBuild	$351.10	$396.50	12.93%	Buy
FIX	Comfort Systems USA	$476.25	$525.00	10.24%	Buy
MTZ	MasTec	$140.82	$134.67	-4.37%	Buy
MYRG	MYR Group	$145.46	$138.33	-4.90%	Buy
ROAD	Construction Partners	$91.31	$79.67	-12.75%	Strong Buy
PWR	Quanta Services	$332.34	$266.33	-19.86%	Buy
GVA	Granite Construction	$97.25	$70.00	-28.02%	-
PRIM	Primoris Services	$80.42	$41.50	-48.40%	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 $205.17 with a range of $185 to $234, implying a 16.20% from its last price of $176.56. 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 16.20% (from the last price of $176.56 to the average price target of $205.17), up by 32.53% based on the highest stock price target, and up by 4.78% based on the lowest stock price target.

Can Dycom Industries stock reach $300?

DY's average twelve months analyst stock price target of $205.17 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 $5.22B (high $5.44B, low $5.04B), average EBITDA is $501.16M (high $521.67M, low $483.98M), average net income is $273.76M (high $288.33M, low $261.56M), average SG&A $414.41M (high $431.37M, low $400.2M), and average EPS is $9.3 (high $9.8, low $8.89). DY's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $5.45B (high $5.68B, low $5.27B), average EBITDA is $523.32M (high $544.74M, low $505.37M), average net income is $313.24M (high $329.9M, low $299.28M), average SG&A $432.73M (high $450.44M, low $417.89M), and average EPS is $10.64 (high $11.21, low $10.17).

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 $102.69M by 56.28%. Dycom Industries's net income was $83.74M, beating the average estimation of $51.59M by 62.31%. 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%