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Centuri Holdings Appoints New Board Member Amid Icahn Deal

Story Highlights
  • Centuri Holdings appointed Dustin DeMaria to its Board on November 10, 2025.
  • The appointment aims to strengthen Centuri’s market position amid rising power infrastructure demand.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centuri Holdings Appoints New Board Member Amid Icahn Deal

TipRanks Black Friday Sale

An update from Centuri Holdings, Inc. ( (CTRI) ) is now available.

On November 10, 2025, Centuri Holdings, Inc. entered into a Director Appointment and Nomination Agreement with Carl C. Icahn’s group, leading to the appointment of Dustin DeMaria to its Board of Directors. This strategic move is part of Centuri’s efforts to enhance its board’s expertise and strengthen its market position in response to the growing demand for power infrastructure across North America. With DeMaria’s appointment, Centuri’s board expands to eight members, six of whom are independent, reflecting the company’s commitment to governance and shareholder value. The agreement includes customary standstill and voting commitments, ensuring a collaborative relationship with Icahn Enterprises.

The most recent analyst rating on (CTRI) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Centuri Holdings, Inc. stock, see the CTRI Stock Forecast page.

Spark’s Take on CTRI Stock

According to Spark, TipRanks’ AI Analyst, CTRI is a Neutral.

Centuri Holdings, Inc. faces significant financial challenges, reflected in its low financial performance score. The technical analysis and valuation also present concerns, with mixed signals and a negative P/E ratio. However, the earnings call provided some optimism with record revenue and strategic growth initiatives. Overall, the stock score reflects the need for financial improvement and cautious optimism based on future growth potential.

To see Spark’s full report on CTRI stock, click here.

More about Centuri Holdings, Inc.

Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.

Average Trading Volume: 2,132,253

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.92B

Find detailed analytics on CTRI stock on TipRanks’ Stock Analysis page.

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