MYR Group (MYRG) – Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for MYR Group (NASDAQ: MYRG):

• 8/16/2026 – MYR Group was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 8/13/2026 – MYR Group had its price target lowered by The Goldman Sachs Group, Inc. from $469.00 to $422.00. They now have a “neutral” rating on the stock.
• 8/10/2026 – MYR Group was upgraded by Zacks Research from “hold” to “strong-buy”.
• 8/8/2026 – MYR Group was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 7/30/2026 – MYR Group was given a new $375.00 price target by Robert W. Baird.
• 7/17/2026 – MYR Group had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 7/10/2026 – MYR Group was given a new $392.00 price target by Jefferies Financial Group Inc..
• 7/10/2026 – MYR Group was downgraded by Zacks Research from “strong-buy” to “hold”.

Insider Transactions at MYR Group

In other MYR Group news, Director Kenneth Michael Hartwick sold 3,500 shares of MYR Group stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $450.50, for a total value of $1,576,750.00. Following the completion of the transaction, the director directly owned 18,631 shares of the company’s stock, valued at approximately $8,393,265.50. The trade was a 15.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Donald C.I. Lucky sold 14,675 shares of MYR Group stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $449.53, for a total transaction of $6,596,852.75. Following the completion of the transaction, the director directly owned 5,579 shares of the company’s stock, valued at $2,507,927.87. This trade represents a 72.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.90% of the company’s stock.

MYR Group Inc (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services.