Dycom Industries (NYSE:DY) Updates Q2 2026 Earnings Guidance

Dycom Industries (NYSE:DY) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.740-3.050 for the period, compared to the consensus earnings per share estimate of 2.800. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. Dycom Industries also updated its FY 2026 guidance to EPS.

Analyst Ratings Changes

A number of analysts have recently weighed in on DY shares. Raymond James upped their target price on Dycom Industries from $210.00 to $215.00 and gave the company a “strong-buy” rating in a research report on Tuesday, February 4th. KeyCorp lowered their target price on Dycom Industries from $201.00 to $183.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. Wells Fargo & Company upped their target price on Dycom Industries from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Monday. JPMorgan Chase & Co. assumed coverage on Dycom Industries in a research report on Monday, April 21st. They set an “overweight” rating and a $200.00 price objective for the company. Finally, B. Riley lowered their price objective on Dycom Industries from $234.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $201.89.

Dycom Industries Trading Up 0.3%

Shares of Dycom Industries stock opened at $192.69 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.93 and a current ratio of 3.12. Dycom Industries has a 52 week low of $131.37 and a 52 week high of $216.65. The stock has a 50 day moving average price of $164.35 and a two-hundred day moving average price of $173.88. The stock has a market capitalization of $5.55 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27.

Dycom Industries declared that its Board of Directors has initiated a stock buyback plan on Wednesday, February 26th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 3.2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dycom Industries stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Dycom Industries, Inc. (NYSE:DY) by 7.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,726 shares of the construction company’s stock after acquiring an additional 4,985 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.24% of Dycom Industries worth $10,622,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 98.33% of the company’s stock.

Dycom Industries Company Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.