DY

Dycom IndustriesA

NYSE / Capital Goods

At close

2026-06-02

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AI scenario view

RankAlpha Sentiment CodexPost-earnings T+3

B+

Bull case

30%

Probability

Target price

$650.00

+33.8% vs current

Most likely

Base case

50%

Probability

Target price

$545.00

+12.1% vs current

B-

Bear case

20%

Probability

Target price

$400.00

-17.7% vs current

AI sentiment snapshot

Latest data as of 2026-05-29

AI commentary

Post-earnings tone is strongly positive: the company delivered a record beat-and-raise quarter, and the packet's headlines point to a sharp rerating after the release. The caveat is that the packet does not yet show analyst target or estimate revisions, so the move should be treated as a strong-news, moderate-confidence setup rather than a fully confirmed longer-term upgrade.

RankAlpha Sentiment Codex - 2026-05-29

Open post-earnings memo

Evidence flagged

No evidence quality warning is currently attached to this memo.

Impact

standard

Confidence

AI events

2026-05-27eventQ1 FY2027 beat-and-raise with record backlogHigh impact

Dycom reported contract revenues of $1.965 billion, up 56.1% year over year and ahead of the high end of management's outlook, with adjusted diluted EPS of $4.42 and backlog of $11.906 billion, up 46.5%. The company also raised fiscal 2027 revenue guidance to $7.38 billion-$7.65 billion and Q2 adjusted EPS guidance to $4.40-$4.82. [#8-K-2026-05-27]

2027-01-30catalystFiber and data-center demand plus NTI acquisition extend the growth runwayHigh impact

Management said demand for fiber infrastructure and data-center builds is exceptionally strong and signed a definitive agreement to acquire National Technology Integrators for $275 million, adding an estimated ~$175 million annual revenue run-rate and deeper inside-plant and data-center capabilities. The deal broadens Dycom's end-market mix and could support a longer multi-year backlog conversion story if integration proceeds smoothly. [#8-K-2026-05-27]

View full catalyst timeline

Recommendation

N/A

No formal recommendation provided.

Open AI Memo

As of 2026-05-29 • Updated nightlySource: Internal modelMethodology