Acquisition-driven Scale And SynergiesIntegration of the NV5 acquisition has expanded scale and enabled cross-selling and cost synergies, with management citing a $25 million cost synergy target from leadership overlap, public company cost reductions, and back-office harmonization.
Revenue ResilienceAnalyst's recommendation highlights the company's provision of essential safety and compliance services that customers must maintain, supporting steady recurring revenue even during economic fluctuations.
Structural Growth And Margin ExpansionExposure to multi-year trends like infrastructure upgrades, the energy transition, and data center growth, together with expected modest margin expansion in 2026, supports potential for stronger free cash flow and valuation re-rating.