Dycom Reports Strong Q1 2026 Results, Exceeds Guidance

The latest announcement is out from Dycom ( (DY) ).

On May 21, 2025, Dycom Industries, Inc. reported strong fiscal 2026 first-quarter results, exceeding guidance on revenue, Adjusted EBITDA, and EPS. The company achieved a 10.2% increase in revenue compared to Q1 2025 and repurchased 200,000 shares for $30.2 million. Dycom’s record backlog of $8.1 billion reflects its confidence in industry drivers and market opportunities. The company plans to increase its revenue expectations for the year, driven by growth in its service and maintenance business and fiber-to-the-home deployments. Dycom’s strategic positioning and ability to handle industry complexities have favored its operations, despite macroeconomic uncertainties.

The most recent analyst rating on (DY) stock is a Buy with a $200.00 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 growth and positive earnings call outlook are key strengths, driving the overall score. However, moderate net income growth, rising debt, and technical indicators suggest caution. The fair valuation and absence of a dividend yield are secondary factors.

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

More about Dycom

Dycom Industries, Inc. operates in the telecommunications and digital infrastructure industry, offering services such as fiber-to-the-home deployments, long-haul and middle-mile networks, and wireless equipment replacements. The company focuses on diversifying its customer base and services to mitigate the impact of individual customer or program fluctuations.

Average Trading Volume: 532,580

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.53B

See more data about DY stock on TipRanks’ Stock Analysis page.