Free Trial

Dycom Industries (DY) Stock Forecast & Price Target

$178.98
+4.24 (+2.43%)
(As of 07/12/2024 ET)

Dycom Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$191.71
7.11% Upside
High Forecast$205.00
Average Forecast$191.71
Low Forecast$175.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$191.71$191.71$135.50$127.33
Forecasted Upside7.11% Upside11.22% Upside28.50% Upside24.53% Upside
Get Dycom Industries Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for DY and its competitors with MarketBeat's FREE daily newsletter.

DY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

DY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Dycom Industries Stock vs. The Competition

TypeDycom IndustriesConstruction CompaniesS&P 500
Consensus Rating Score
3.14
2.57
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside7.11% Upside34.63% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/31/2024B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Rygiel
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$172.00 ➝ $205.00+11.21%
5/29/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$160.00 ➝ $198.00+11.27%
5/23/2024Craig Hallum
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$145.00 ➝ $190.00+7.77%
5/23/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$175.00 ➝ $200.00+14.85%
5/23/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-Buy ➝ Strong-Buy$143.00 ➝ $195.00+11.98%
5/23/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$169.00 ➝ $179.00+7.23%
5/20/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$165.00 ➝ $175.00+14.53%
5/31/2023DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Thielman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:38 PM ET.

DY Forecast - Frequently Asked Questions

What is Dycom Industries' forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Dycom Industries is $191.71, with a high forecast of $205.00 and a low forecast of $175.00.

Should I buy or sell Dycom Industries stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last twelve months. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DY shares.

Does Dycom Industries's stock price have much upside?

According to analysts, Dycom Industries's stock has a predicted upside of 11.22% based on their 12-month stock forecasts.

What analysts cover Dycom Industries?

Dycom Industries has been rated by research analysts at B. Riley, Bank of America, Craig Hallum, KeyCorp, Raymond James, UBS Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Dycom Industries more than its competitors?

Analysts like Dycom Industries more than other "construction" companies. The consensus rating for Dycom Industries is Buy while the average consensus rating for "construction" companies is Moderate Buy. Learn more on how DY compares to other companies.


This page (NYSE:DY) was last updated on 7/13/2024 by MarketBeat.com Staff

From Our Partners