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The latest update is out from Everus Construction Group, Inc. ( (ECG) ).
On May 5, 2026, Everus Construction Group reported that first-quarter 2026 revenue rose 25.4% year over year to a record $1.04 billion, while net income jumped 58.9% to $58.3 million and EBITDA increased 43.9% to $88.9 million, driven by strong execution and higher workloads across both E&M and T&D. The company closed the quarter with a record $3.68 billion backlog, robust free cash flow of $131.9 million and net leverage at 0.0x, then on April 2 completed the $158 million acquisition of SE&M Constructors to expand its Southeast presence and sector reach, prompting management to raise full-year 2026 revenue and EBITDA guidance and underscoring Everus’s strengthening financial position and growth trajectory.
The most recent analyst rating on (ECG) stock is a Buy with a $160.00 price target. To see the full list of analyst forecasts on Everus Construction Group, Inc. stock, see the ECG Stock Forecast page.
Spark’s Take on ECG Stock
According to Spark, TipRanks’ AI Analyst, ECG is a Outperform.
The score is driven primarily by improving fundamentals (strong profitability and materially reduced leverage) and supportive technical momentum (price well above key moving averages with positive MACD). Offsetting factors are uneven cash-flow conversion and a only moderate valuation support (P/E ~21.6 and no dividend yield provided), while guidance/backlog visibility remains a net positive despite near-term FCF and segment-margin headwinds.
To see Spark’s full report on ECG stock, click here.
More about Everus Construction Group, Inc.
Everus Construction Group, Inc., based in Bismarck, N.D., operates in the construction and infrastructure services industry, with two main segments: Electrical and Mechanical (E&M) and Transmission and Distribution (T&D). The company focuses on commercial, utility and specialized markets, including data centers, pharmaceuticals, complex industrial facilities and health care, supported by a growing North American geographic footprint.
Average Trading Volume: 604,708
Technical Sentiment Signal: Buy
Current Market Cap: $7.7B
Learn more about ECG stock on TipRanks’ Stock Analysis page.