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Dycom Industries, Inc.

DY · NYSE

Market closed$407.11$-5.75 (-1.39%)After hours $410.99 · +0.95%

Key statistics

Previous close$412.86
Open$402.33
Day high$417.98
Day low$395.01
52-week high$566.47
52-week low$233.00
Market cap12.23B
Volume421.18K
Average volume555.30K
P/E ratio30.36
Forward P/E15.16
EPS13.41
Dividend yield0.00%

Market context

Why it moved

Dycom Industries (DY) shares declined amid a broad market selloff driven by a sharp drop in tech and chip stocks, fueled by concerns over AI valuations and competition from China's Moonshot AI, which weighed on the broader industrial and telecom infrastructure sector.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Dycom Industries closed modestly lower as broader market risk-off sentiment weighed on the stock, with the S&P 500 declining amid escalating U.S.-Iran tensions and a tech-led selloff over AI spending concerns. Despite the pullback, Dycom's long-term fundamental story remains compelling — the company recently posted a record fiscal Q1 2027 backlog of $11.9 billion (up 46.5% YoY) and raised its full-year revenue outlook to $7.38–$7.65 billion, driven by unprecedented AI-driven digital infrastructure investment. Zacks maintained a Strong Buy rating, and analysts continue to highlight Dycom's superior revenue visibility and accelerating earnings trajectory versus peers like AECOM.

-1.3927

July 17, 2026Dycom Industries fell sharply amid a broader tech-driven market pullback, with the XLI industrials ETF also closing lower as AI and semiconductor stocks dragged markets down. Despite the session's weakness, the underlying investment thesis for Dycom remains constructive: the company sits at the intersection of fiber, data center connectivity, and AI-related network buildouts, with a contract backlog near $12 billion and raised revenue guidance. Analysts at Zacks maintain a top buy rank with a Growth Score of A, and a Simply Wall St cash flow analysis suggests shares trade roughly 13-14% below estimated intrinsic value, forecasting earnings growth above 20% annually.

-3.7106

July 16, 2026Dycom Industries gained over 2% as investors responded to bullish commentary from CEO Dan Peyovich reaffirming broad-based demand across fiber, long-haul networks, and data centers, with the company's backlog described as having strong 'staying power.' The rally builds on a Zacks Rank #1 designation, raised full-year guidance, and analyst screens showing the stock trading below estimated intrinsic value — all against a backdrop of softer-than-expected CPI data lifting the broader S&P 500 near its 52-week high.

2.3635

July 15, 2026Dycom Industries gained over 2% on Tuesday, rebounding sharply from Monday's 3.7% decline, as a cooler-than-expected June CPI report lifted broader market sentiment and refocused investor attention on the company's strong fundamental story. CEO Dan Peyovich's recent comments highlighting broad-based demand across fiber, long-haul networks, and data centers — paired with a record backlog, raised full-year guidance, and a Zacks Rank #1 with an 18% upward earnings revision — reinforced Dycom's position at the center of the U.S. digital infrastructure buildout.

2.136

July 14, 2026Dycom Industries declined amid broad market weakness triggered by renewed U.S.-Iran military tensions, which sent oil prices surging and rattled equity sentiment — an unfavorable backdrop for a growth stock trading at a premium multiple. The pullback comes despite a bullish fundamental backdrop: CEO Daniel Peyovich reiterated on July 13 that fiber, long-haul, and data center demand gives the company's record $11.9 billion backlog "staying power," with B. Riley having raised its price target to $625 following Q1 FY2027 results that showed 56% revenue growth and an 85% jump in adjusted EPS.

-3.6667

July 11, 2026Dycom Industries closed modestly lower on Friday, but surged roughly 2% in after-hours trading, outperforming the flat industrials sector (XLI). The after-hours strength follows a strong fundamental backdrop: Dycom's Q1 FY2027 results showed revenue of $1.96 billion (up 56% YoY), a record backlog, and raised full-year revenue guidance to $7.38–$7.65 billion. The company was also recently elevated into the Russell 1000 and Russell Midcap indexes, broadening its institutional investor base. Analysts hold a Zacks #1 (Strong Buy) rating with a PEG ratio of 0.69, while a valuation debate persists — some models point to meaningful upside while GF Value flags the stock as overvalued.

-0.3488

July 10, 2026Dycom Industries closed essentially flat after a volatile stretch, holding near prior-day levels as investors continued to digest the company's blockbuster Q1 FY2027 results — revenue of $1.96 billion surged 56% year-over-year, beating estimates by 17%, with full-year revenue guidance raised to $7.38–$7.65 billion. The stock also benefited from a recent Russell index upgrade into Russell 1000 benchmarks and a Zacks Strong Buy rating, with analysts projecting $9.7B in revenue and 37% EPS growth by FY2027, underpinned by accelerating fiber-to-the-home deployments and data center infrastructure demand.

0.1195

July 9, 2026Dycom Industries closed sharply higher, outperforming both the broader market and the industrials sector (XLI was little changed) despite a volatile macro backdrop marked by escalating U.S.-Iran tensions and oil price surges. The rally builds on momentum from Dycom's exceptional Q1 earnings — revenues surged 56.1% year-over-year to $1.96 billion, beating estimates by 17.3%, with record backlog and the highest guidance raise in its peer group. Zacks recently named DY a Strong Buy (Rank #1), citing accelerating fiber-to-the-home deployments, hyperscale data center demand, and the BEAD broadband program as multi-year tailwinds, with fiscal 2027 EPS estimates revised upward to $16.35.

3.2797

Simply Wall Street · July 18, 2026Dycom Industries (DY) Draws Fresh Attention, Is The Pullback A Valuation Opportunity?Simply Wall Street · July 16, 2026Does Dycom’s Record AI Infrastructure Backlog and Raised Outlook Reshape The Bull Case For DY?Simply Wall Street · July 16, 2026Dycom Stock And 2 Cash Flow Picks Trading Below Fair ValueMoomoo · July 13, 2026Guggenheim Maintains Dycom Industries(DY.US) With Buy Rating, Maintains Target Price $620
Benzinga · June 1, 2026Keybanc Maintains Overweight on Dycom Industries, Raises Price Target to $610
Benzinga · May 29, 2026Cantor Fitzgerald Maintains Overweight on Dycom Industries, Raises Price Target to $654
Mt Newswire · May 29, 2026UBS Adjusts Price Target on Dycom Industries to $611 From $444, Maintains Buy Rating
Benzinga · May 28, 2026JP Morgan Maintains Overweight on Dycom Industries, Raises Price Target to $650
Benzinga · May 28, 2026Wells Fargo Maintains Overweight on Dycom Industries, Raises Price Target to $650
Benzinga · May 28, 2026B. Riley Securities Maintains Buy on Dycom Industries, Raises Price Target to $625
Benzinga · May 28, 2026Guggenheim Maintains Buy on Dycom Industries, Raises Price Target to $620
Benzinga · May 27, 2026Why Is Dycom Stock Skyrocketing Wednesday?

Peers

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