Myr Grp (MYRG) Stock
US electrical contractor building utility and commercial infrastructure. Here's the price, business snapshot, and what's worth knowing about Myr Grp in October 2026.
MYR Group Inc (ticker MYRG) is a US-headquartered electrical contractor that provides design, construction and maintenance services to utilities, industrial and commercial customers. The business typically benefits from spending on transmission, distribution and large commercial projects, and may see demand linked to infrastructure programmes, renewable-energy integration and grid modernisation. Investors often watch MYR for its project backlog, geographic footprint, margin trends and ability to integrate smaller acquisitions. With a market capitalisation around $3.25 billion, MYR sits in the industrials space and can exhibit cyclical revenue patterns tied to utility budgets and construction cycles. Key risks include contract execution, labour and material costs, competitive bidding pressure and regulatory changes; earnings can be lumpy from large projects. This summary is educational and not personalised investment advice — values can rise or fall and past performance does not guarantee future returns. Individual suitability depends on your financial situation, time horizon and risk tolerance.
Myr Grp (MYRG) Stock Forecast
Analyst price target, next 12 months
$314.82
+12.0% vs today's $281.06
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Myr Grp have a consensus 12-month target of $314.82, above the current price of $281.06.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 29 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying MYR Group's stock, indicating it may increase in value.
Financial Health
MYR Group is generating solid revenue and cash flow, but its profit margins are relatively low.
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Why You’ll Want to Watch This Stock
Infrastructure tailwinds
Spending on grid upgrades and renewables can boost opportunity for MYR, though project timing and budget cycles can create uneven revenue patterns.
Backlog visibility
A healthy backlog can provide revenue visibility and help smooth earnings, but large contracts can also make results lumpy and execution-dependent.
Cyclical and execution risks
Business sensitivity to construction cycles, labour and material costs means returns can vary; careful attention to margins and project delivery is important.
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