Dycom Completes Power Solutions Acquisition, Expands Credit Facilities

Dycom ( (DY) ) has issued an announcement.

On December 23, 2025, Dycom Industries completed its previously announced acquisition of Power Solutions, LLC, one of the Mid-Atlantic’s largest electrical contractors serving data centers, for approximately $1.63 billion in cash plus about 1.0 million Dycom common shares, on a cash-free, debt-free basis. Power Solutions will continue to operate under its own brand from its Bowie, Maryland headquarters with its existing management team, while the transaction is described as immediately accretive to Dycom’s adjusted EBITDA margin and adjusted diluted EPS (excluding non-cash intangible amortization) and as enhancing free cash flow, reinforcing Dycom’s positioning in fast-growing digital and data center infrastructure services. To finance the deal and strengthen its capital structure, Dycom simultaneously amended and restated its credit agreement, extending debt maturities to December 2030, expanding its revolving credit facility to $800 million, increasing its term loan facility to $1.54 billion and adding a $600 million 364-day senior secured bridge loan, whose proceeds, together with the term loan, refinanced existing borrowings and funded the cash portion of the acquisition.

The most recent analyst rating on (DY) stock is a Buy with a $420.00 price target. To see the full list of analyst forecasts on Dycom stock, see the DY Stock Forecast page.

Spark’s Take on DY Stock

According to Spark, TipRanks’ AI Analyst, DY is a Outperform.

Dycom’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a bullish outlook, though caution is advised due to high valuation metrics. The strategic acquisition and increased revenue guidance further bolster the company’s growth potential.

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

More about Dycom

Dycom Industries, Inc., based in West Palm Beach, Florida, is a leading U.S. provider of specialty contracting services to the telecommunications, digital infrastructure and utility industries. Its offerings span program management, planning, engineering and design, as well as aerial, underground and wireless construction, maintenance and fulfillment services for telecommunications providers. The company also delivers electrical contracting for data centers and other critical sectors, underground facility locating for utilities, and broader construction and maintenance services for electric and gas utilities across the United States.

Average Trading Volume: 439,891

Technical Sentiment Signal: Buy

Current Market Cap: $9.97B

Learn more about DY stock on TipRanks’ Stock Analysis page.