KeyBanc Maintains Buy Rating on Dycom with $295 Price Target

Dycom (DY) receives a Buy rating from KeyBanc analyst Sangita Jain, with a price target of $295.00. Jain has a 4-star rating with an average return of 12.1% and a 66.30% success rate. The analyst consensus is Strong Buy with a price target consensus of $260.43, a 3.91% upside from current levels. Dycom's latest earnings reported a quarterly revenue of $1.26 billion and a net profit of $61.05 million.

Dycom Industries (DY) has received a significant boost from analysts, with KeyBanc analyst Sangita Jain raising the price target to $295.00 and assigning a "Buy" rating [3]. This comes as the company reported strong earnings for the latest quarter, with a quarterly revenue of $1.26 billion and a net profit of $61.05 million.

The consensus among analysts is overwhelmingly positive, with eight analysts rating Dycom Industries as a "Buy" and one assigning a "Strong Buy" rating. The consensus price target is $260.43, indicating a potential 3.91% upside from current levels [3].

KeyBanc analyst Sangita Jain, who has a 4-star rating with an average return of 12.1% and a 66.30% success rate, has been particularly bullish on Dycom Industries. Jain's new price target of $295.00 reflects her optimism about the company's growth prospects and the potential for further earnings growth.

Dycom Industries provides contracting services throughout the United States, including engineering, construction, maintenance, and installation services to telecommunications providers, and underground facility locating services to various utilities. The company's strong performance in these areas has driven its recent earnings growth and has analysts optimistic about its future prospects.

Despite the positive outlook, investors should remain vigilant about potential risks. The company operates in a competitive and cyclical industry, and economic downturns could impact its revenue and earnings. Additionally, geopolitical tensions and regulatory changes could pose risks to the company's operations and financial performance.

In conclusion, Dycom Industries has received strong support from analysts, with a consensus rating of "Buy" and a price target consensus of $260.43. The company's strong earnings performance and growth prospects have driven analysts' optimism, but investors should also consider potential risks.

References:
[1] https://www.forbes.com/companies/dycom-industries/
[2] https://www.ainvest.com/news/tsmc-q2-profit-surges-61-strong-ai-chip-demand-2507/
[3] https://www.marketbeat.com/instant-alerts/keycorp-issues-positive-forecast-for-dycom-industries-nysedy-stock-price-2025-07-16/