Good buy right now (dip-entry): Price is near key support (S1 ~354.8) after a sharp -8.26% drop, while the broader trend remains bullish (SMA_5 > SMA_20 > SMA_200).
Fundamentals and Street view support upside: Latest quarter (2026/Q3) showed strong acceleration (Revenue +14% YoY, EPS +53% YoY) and analysts are broadly Buy/Overweight with rising targets (many $360–$426; one at $510).
Options skew is bullish (calls favored), reinforcing “buy-the-dip” sentiment.
Main offset: momentum is still bearish short-term (MACD worsening) and insiders have been selling more aggressively; despite that, for an impatient buyer, current levels near support are attractive versus waiting.
Implied volatility: IV_30d 51.26 vs historical vol 30.55; IV percentile 70.52 → options are pricing elevated near-term movement.
Activity: Today’s option volume 91 vs 10d avg 193.5 (lighter than typical), but open interest is meaningful (total OI 3733; calls 2613 vs puts 1120) → more of a positioning signal than a one-day trading frenzy.
Technical Summary
Sell
2
Buy
10
Positive Catalysts
Strong operating momentum (2026/Q3): Revenue +14.13% YoY, EPS +53.16% YoY, net income +52.41% YoY.
Strategic expansion: Power Solutions acquisition narrative supports diversification (data centers/electrical adjacency) and margin/outlook improvements cited by multiple banks.
Upcoming catalyst: Earnings 2026-03-02 (pre-market) — a near-term event that can re-rate shares if execution holds.
Street support: Multiple recent initiations/raises and “top pick” language (e.g., KeyBanc) reinforce institutional sponsorship.
Neutral/Negative Catalysts
Insider behavior: Insiders are selling, with selling amount up ~148% over the last month → negative signal versus timing.
Multiple (2025-11-20 to 2025-12-23): Buy/Overweight PTs roughly $360–$390+ after earnings/Power Solutions deal
Wall Street pros: Fiber/FTTH tailwinds, BEAD longer-cycle upside, data center exposure, acquisition-driven growth and margin narrative.
Wall Street cons: Near-term integration/execution risk around acquisitions and timing of BEAD-related revenue (noted as starting later), which can cause volatility around quarters.
Influential/Political trading check: No recent congress trading data available (no signal from that channel).
Wall Street analysts forecast DY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DY is 385.67 USD with a low forecast of 320 USD and a high forecast of 426 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast DY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DY is 385.67 USD with a low forecast of 320 USD and a high forecast of 426 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 376.240
Low
320
Averages
385.67
High
426
Current: 376.240
Low
320
Averages
385.67
High
426
JPMorgan
Richard Choe
Overweight
maintain
$370 -> $395
AI Analysis
2026-02-04
New
Reason
JPMorgan
Richard Choe
Price Target
$370 -> $395
AI Analysis
2026-02-04
New
maintain
Overweight
Reason
JPMorgan analyst Richard Choe raised the firm's price target on Dycom to $395 from $370 and keeps an Overweight rating on the shares. The firm updated the company's Q4 estimates to reflect five weeks of the Power Solutions business and a potential negative impact from the recent winter storm. It expects ongoing strength in Dycom's core fiber-to-the-home communications business.
Guggenheim
initiated
$510
2026-01-22
Reason
Guggenheim
Price Target
$510
2026-01-22
initiated
Reason
Guggenheim initiated coverage of Dycom with a Buy rating and $510 price target. Dycom is well positioned to gain market share in the continued nationwide fiber optics build out and is expanding wallet share with data centers following its acquisition of Power Solutions, the analyst tells investors.
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