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Dycom Industries Inc has a consensus price target of $177.9 based on the ratings of 10 analysts. The high is $208 issued by B. Riley Securities on August 22, 2024. The low is $125 issued by DA Davidson on May 27, 2022. The 3 most-recent analyst ratings were released by B of A Securities, B. Riley Securities, and Keybanc on August 23, 2024, August 22, 2024, and August 22, 2024, respectively. With an average price target of $204 between B of A Securities, B. Riley Securities, and Keybanc, there's an implied 6.18% upside for Dycom Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Dycom Industries (NYSE:DY) was reported by B of A Securities on August 23, 2024. The analyst firm set a price target for $204.00 expecting DY to rise to within 12 months (a possible 6.18% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Dycom Industries (NYSE:DY) was provided by B of A Securities, and Dycom Industries maintained their buy rating.
The last upgrade for Dycom Industries Inc happened on March 8, 2024 when B. Riley Securities raised their price target to $172. B. Riley Securities previously had a neutral for Dycom Industries Inc.
The last downgrade for Dycom Industries Inc happened on July 26, 2023 when B. Riley Securities changed their price target from $134 to $111 for Dycom Industries Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dycom Industries, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dycom Industries was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.
While ratings are subjective and will change, the latest Dycom Industries (DY) rating was a maintained with a price target of $198.00 to $204.00. The current price Dycom Industries (DY) is trading at is $192.12, which is out of the analyst’s predicted range.
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