DY

Dycom IndustriesA

NYSE / Capital Goods

Quote time unavailable

Current thesis

Record growth, 16.7% organic Q2 revenue growth, 53.2% backlog growth, strong fiber and data-center demand, and NTI cross-selling support a durable infrastructure cycle [#SEC-8K-2026-08-26].

Posture

Constructive

Lead driver

Sentiment

What changed

Sentiment remains the lead driver in the composite, 7D delta -0.3.

What can break

Communications margin pressure from workforce investment, higher fuel costs, and deferred wireless projects [#SEC-8K-2026-08-26].

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $350.00 · Bull $430.00 · Bear $245.00Analysis 2026-08-31; returns require an exact persisted reference.

Data freshness

Prices

Unavailable: Price unavailable

Fundamentals

As of 2026-08-17 • Vendor: Data Vendor v1

Scores

As of 2026-09-09 • Model: HYBRID_IC_RP

AI Memo

As of 2026-08-31 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-09-09

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions

Supporting evidence

What

Grade A · Constructive

Confidence Medium · Net Neutral

Target $520.36

Why

Momentum7 · Δ7d -3.9

Value56 · Δ7d +0.0

Sentiment86 · Δ7d -0.3

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

• Sentiment remains the lead driver in the composite, 7D delta -0.3.

Contradictions & invalidation

• Communications margin pressure from workforce investment, higher fuel costs, and deferred wireless projects [#SEC-8K-2026-08-26].
• High expectations, target-price reductions, and a sharp post-print decline show that strong reported growth may already be heavily discounted [post-print reaction](https://uk.investing.com/news/stock-market-news/earnings-call-transcript-dycom-beats-q2-2026-estimates-but-shares-sink-10-93CH-4848140).
• The market reaction indicates that headline earnings strength did not resolve forward concerns: Communications margin fell to 13.6%, $150 million of wireless revenue was deferred into FY2028, and Q3 midpoint guidance was below consensus.

Catalyst clock

2026-09-30

Q2 FY27 beat and raised outlook digestion

Lead driver: Sentiment · See AI snapshot

Momentum

9% active weight

Current posture

7d trendSoftening

Δ7d

-3.9

Δ21d

-16.9

Value

28% active weight

Current posture

7d trendFlat

Δ7d

+0.0

Δ21d

+1.5

Sentiment

62% active weight

Current posture

7d trendFlat

Δ7d

-0.3

Δ21d

+8.1

Why this grade

Composite grade A. Momentum 6.7 / Value 56.1 / Sentiment 86.2

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-31. Scenario method

B+

Bull case

25%

Probability

Target price

$430.00

Analysis reference price unavailable

Analysis 2026-08-31 · RankAlpha Sentiment Codex

Most likely

Base case

50%

Probability

Target price

$350.00

Analysis reference price unavailable

Analysis 2026-08-31 · RankAlpha Sentiment Codex

B-

Bear case

25%

Probability

Target price

$245.00

Analysis reference price unavailable

Analysis 2026-08-31 · RankAlpha Sentiment Codex

Fundamentals (TTM)

As of 2026-08-17

Market Cap

$13B

Beta

1.35

Shares Out

30.03M

P/E (TTM)

34.3

P/S (TTM)

2.02

P/FCF (TTM)

35.13

Rev YoY

+56.1%

EPS YoY

+44.0%

Gross Margin

+15.3%

Op Margin

+8.0%

Net Debt

$2.28B

Current Ratio

2.58

As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data