Dycom Establishes New $800 Million Term Loan Facility

Dycom ( (DY) ) just unveiled an update.

On January 27, 2026, Dycom Industries, Inc. amended its existing credit arrangements by entering into a First Amendment to its Third Amended and Restated Credit Agreement, establishing a new $800 million senior secured Term Loan B facility. The proceeds were used to refinance a $600 million 364-day senior secured bridge loan, cover related fees and expenses, and add cash to the company’s balance sheet, potentially strengthening its liquidity and capital structure. The Term Loan B bears interest at term SOFR or a base rate plus specified margins and will begin amortizing at a rate of 0.25% on September 15, 2026, with quarterly payments thereafter, setting a clearer schedule for Dycom’s debt repayment obligations.

The most recent analyst rating on (DY) stock is a Buy with a $426.00 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.

The score is driven primarily by strong financial performance (improving margins and surging free cash flow) and an exceptionally positive earnings update (record results, raised revenue outlook, and strong backlog plus an accretive strategic acquisition). Technicals are supportive but not strongly bullish near-term, while valuation (P/E 34.36 and no dividend yield provided) tempers the overall rating.

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

More about Dycom

Dycom Industries, Inc. operates in the infrastructure and construction services industry, providing specialty contracting services primarily to telecommunications providers and other utilities, with a focus on large-scale network and infrastructure build-outs in North America.

Average Trading Volume: 432,959

Technical Sentiment Signal: Buy

Current Market Cap: $10.81B

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