Dycom Industries (NYSE:DY) Updates Q1 2026 Earnings Guidance

Dycom Industries (NYSE:DY) announced an update regarding its earnings guidance for the first quarter of 2026. The company has provided a range for its earnings per share (EPS) of 1.500 to 1.730 for the upcoming quarter. This forecast falls short of the consensus estimate, which stands at 1.860.

Additionally, the company offered revenue guidance between $1.2 billion and $1.2 billion, which is lower compared to the consensus revenue estimate of $1.3 billion. Dycom Industries has also refreshed its guidance for the fiscal year 2026.

Analyst Insights

In the realm of stock analysis, several research firms have recently shared their perspectives on Dycom Industries. For instance, Wells Fargo & Company increased their price target for the stock from $200.00 to $215.00 and assigned an "overweight" rating to the company in a memo released on November 15. Similarly, KeyCorp raised their price objective from $227.00 to $229.00, maintaining an "overweight" rating as well. Raymond James also boosted their target price, moving from $210.00 to $215.00 with a "strong-buy" rating.

As of the latest updates, one analyst has rated the stock as a hold, while seven provided a buy rating, and one issued a strong buy rating. Overall, based on assessments from MarketBeat.com, Dycom Industries currently holds an average rating of "Buy" and has a consensus target price of $208.88.

Stock Performance

On the stock market, Dycom Industries shares opened at $171.23. Over the past year, the stock reached a low of $118.00 and a high of $207.20. Its 50-day moving average stands at $181.97, while the 200-day moving average is at $184.38. The company's market capitalization is around $5.00 billion with a price-to-earnings (P/E) ratio of 22.53.

Insider Trading Activity

In insider news, Director Jennifer M. Fritzsche sold 430 shares of Dycom Industries on December 18, at an average price of $173.11, totaling approximately $74,437. Following this transaction, Fritzsche now holds 8,873 shares, worth around $1,536,005.03, representing a 4.62% decrease in her position. Furthermore, Director Peter T. Pruitt, Jr. sold 2,900 shares on January 10, at an average price of $175.08, amounting to a total of $507,732.00. After this sale, he owns 14,533 shares, valued at about $2,544,437.64, indicating a 16.64% drop in his shares. Insiders own about 4.28% of the company's stock.

Company Overview

Dycom Industries, Inc. is known for providing specialized contracting services primarily in the telecommunications and utility industries across the United States. Their offerings include engineering services for telecommunications providers, which cover planning and designing systems for aerial, underground, and buried fiber optic, copper, and coaxial cable networks. They also support wireless networks through the deployment of macro cell and small cell sites, along with project management and inspection services.

Dycom, Earnings, Stocks