tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IES Holdings Delivers Strong Q1 and Acquires Gulf Island

Story Highlights
  • IES posted strong Q1 2026 profit and revenue growth, driven by data center demand and robust backlogs.
  • Residential operations lagged amid housing weakness, while the Gulf Island acquisition expands infrastructure capabilities and uses IES’s debt-free balance sheet.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IES Holdings Delivers Strong Q1 and Acquires Gulf Island

Claim 50% Off TipRanks Premium

The latest update is out from IES Holdings ( (IESC) ).

On January 30, 2026, IES Holdings reported a robust start to fiscal 2026, with first-quarter revenue for the period ended December 31, 2025 rising 16% year on year to $871 million, operating income up 31% to $97.7 million, and net income attributable to the company jumping 62% to $91.4 million, supported by a $1.8 billion pipeline of remaining performance obligations and $2.6 billion in backlog. Growth was driven primarily by strong demand in data center-related work across the Communications, Infrastructure Solutions, and Commercial & Industrial segments, which posted significant revenue and margin gains, while the Residential segment continued to struggle amid a weak housing market, pricing pressure from homebuilder incentives, and declining backlog, leading to lower revenue and operating income. Subsequent to quarter-end, IES deployed its strong balance sheet — which showed $88.8 million in cash, no debt, and a sizable securities portfolio at quarter close — to acquire Gulf Island Fabrication for approximately $192 million in equity value, adding steel fabrication capacity and skilled labor that advance its infrastructure strategy, even as management continues to use cash flows for capital expenditures, marketable securities investments and targeted expansion in core operations.

The most recent analyst rating on (IESC) stock is a Buy with a $426.00 price target. To see the full list of analyst forecasts on IES Holdings stock, see the IESC Stock Forecast page.

Spark’s Take on IESC Stock

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

IES Holdings’ strong financial performance and positive corporate events are the primary drivers of the stock’s score. Technical indicators suggest bullish momentum, though caution is advised due to overbought signals. The high P/E ratio indicates a premium valuation, which could limit further upside.

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

More about IES Holdings

IES Holdings, Inc., listed on Nasdaq, operates across Communications, Residential, Infrastructure Solutions, and Commercial & Industrial segments, providing electrical contracting, communications infrastructure, custom engineered solutions and related services, with a strong focus on data centers and U.S. infrastructure projects alongside residential single- and multi-family housing markets.

Average Trading Volume: 158,855

Technical Sentiment Signal: Buy

Current Market Cap: $9.47B

For an in-depth examination of IESC stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1