Everus Construction Reports Strong Q3, Raises 2025 Guidance

Everus Construction Group, Inc. ( (ECG) ) has shared an announcement.

On November 4, 2025, Everus Construction Group reported a strong third quarter with revenues reaching $986.8 million, a 29.7% increase from the previous year, and net income rising by 36.4% to $57.0 million. The company raised its full-year guidance for 2025, expecting revenues between $3.55 billion and $3.65 billion, driven by robust project execution and growth in the E&M segment, particularly in the data center submarket. The company’s backlog increased to $2.95 billion, reflecting healthy bidding activity and strong market positioning, while maintaining a solid financial position with ample liquidity for future growth initiatives.

The most recent analyst rating on (ECG) stock is a Buy with a $87.00 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.

Everus Construction Group, Inc. demonstrates strong financial performance and technical momentum, supported by a positive earnings call with raised guidance and record backlog. However, the high P/E ratio and increased leverage pose potential risks. The overall score reflects a solid investment opportunity with some caution advised due to valuation concerns.

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

More about Everus Construction Group, Inc.

Everus Construction Group, Inc. operates in the construction industry, focusing on electrical and mechanical (E&M) and transmission and distribution (T&D) services. The company is known for its work in commercial, industrial, and utility markets, with a significant presence in the data center submarket.

Average Trading Volume: 493,922

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.6B

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