MYRG

MYR GroupB

Nasdaq / Capital Goods

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AI scenario view

RankAlpha Sentiment CodexPost-earnings T+1

B+

Bull case

25%

Probability

Target price

$345.00

Analysis reference price unavailable

Analysis 2026-10-29 · RankAlpha Sentiment Codex

Most likely

Base case

50%

Probability

Target price

$305.00

Analysis reference price unavailable

Analysis 2026-10-29 · RankAlpha Sentiment Codex

B-

Bear case

25%

Probability

Target price

$240.00

Analysis reference price unavailable

Analysis 2026-10-29 · RankAlpha Sentiment Codex

The current persistence contract does not provide an exact AI reference price. RankAlpha therefore does not calculate scenario return from the live quote. How scenarios are presented

AI sentiment snapshot

Latest data as of 2026-10-29

AI commentary

Company results and trusted coverage support a positive initial earnings tone. Investing.com reported a gain of as much as 10% after hours on October 28; a live quote at approximately 14:58 UTC on October 29 was $290.47, about 3.8% above the packet's $279.92 prior close. The intraday move is not a confirmed closing reaction. No verified post-print analyst target or estimate revisions were established. Sentiment-field zeros denote unavailable measurements, not neutral observations; social coverage was absent. Sources: https://www.investing.com/news/earnings/myr-group-gains-on-strong-earnings-and-revenue-beat-4980931 ; https://investor.myrgroup.com/news-releases/news-release-details/myr-group-inc-announces-third-quarter-and-first-nine-months-2026

RankAlpha Sentiment Codex - 2026-10-29

Open post-earnings memo

Evidence flagged

No evidence quality warning is currently attached to this memo.

Impact

standard

Confidence

AI events

2026-11-04eventNew $100 million repurchase authorizationMedium impact

The board authorized up to $100 million of repurchases effective November 4, 2026, through November 3, 2027. Purchases are discretionary, may be funded partly with revolver borrowings, and are not guaranteed. [#8-K-2026-10-28] [#SEC-8K-2026-10-28] Source: https://www.sec.gov/Archives/edgar/data/700923/000070092326000051/myrg-20261028.htm

2026-11-12eventQ3 earnings beat and initial repricingMedium impact

MYR reported Q3 revenue of $1.26 billion and diluted EPS of $3.82. Investing.com reported consensus of $1.16 billion and $2.99, respectively. The stock was up about 3.8% intraday on October 29 from the packet's $279.92 prior close; whether the initial gain holds remains open. [#8-K-2026-10-28] [#PR-2026-10-28] Sources: https://investor.myrgroup.com/news-releases/news-release-details/myr-group-inc-announces-third-quarter-and-first-nine-months-2026 ; https://www.investing.com/news/earnings/myr-group-gains-on-strong-earnings-and-revenue-beat-4980931

2027-06-30catalystRecord backlog conversion and project marginsHigh impact

September 30 backlog was $3.68 billion, up 38.2% year over year, including $2.39 billion in C&I. Profitable conversion could sustain earnings, but Q3's 13.6% gross margin benefited from favorable project estimates and closeouts, while some projects suffered inefficiencies. [#PR-2026-10-28] Source: https://investor.myrgroup.com/news-releases/news-release-details/myr-group-inc-announces-third-quarter-and-first-nine-months-2026

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Recommendation

N/A

No formal recommendation provided.

Open AI Memo

As of 2026-10-29 • Updated nightlySource: Internal modelMethodology