Fintel reports that on March 10, 2026, Cantor Fitzgerald initiated coverage of Dycom Industries (NYSE:DY) with a Overweight recommendation.
Analyst Price Forecast Suggests 18.29% Upside
As of February 25, 2026, the average one-year price target for Dycom Industries is $429.53/share. The forecasts range from a low of $368.65 to a high of $535.50. The average price target represents an increase of 18.29% from its latest reported closing price of $363.12 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Dycom Industries is 5,137MM, a decrease of 7.37%. The projected annual non-GAAP EPS is 10.92, an increase of 16.67% from the prior forecast.
What is the Fund Sentiment?
There are 599 funds or institutions reporting positions in Dycom Industries. This is an decrease of 158 owner(s) or 20.87% in the last quarter. Average portfolio weight of all funds dedicated to DY is 0.25%, an increase of 21.42%. Total shares owned by institutions decreased in the last three months by 15.21% to 28,893K shares. 
The put/call ratio of DY is 0.76, indicating a bullish outlook.
What are Other Shareholders Doing?
Peconic Partners holds 4,108K shares representing 13.71% ownership of the company. In its prior filing, the firm reported owning 4,117K shares , representing a decrease of 0.22%. The firm decreased its portfolio allocation in DY by 0.69% over the last quarter.
Hill City Capital holds 1,010K shares representing 3.37% ownership of the company. No change in the last quarter.
Millennium Management holds 973K shares representing 3.25% ownership of the company. In its prior filing, the firm reported owning 1,325K shares , representing a decrease of 36.15%. The firm decreased its portfolio allocation in DY by 16.18% over the last quarter.
Geode Capital Management holds 727K shares representing 2.43% ownership of the company. In its prior filing, the firm reported owning 673K shares , representing an increase of 7.42%. The firm increased its portfolio allocation in DY by 21.02% over the last quarter.
First Trust Advisors holds 625K shares representing 2.09% ownership of the company. In its prior filing, the firm reported owning 605K shares , representing an increase of 3.25%.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
