Dycom Industries (DY) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $5.29
- Estimate
- $4.68
- Surprise
- +13.0%
- Revenue (period 2026-08-01)
- $2.01B
- Score at report (before → after)
- 6.2 → 6.3/10
Revenue source: xbrl.
How the report landed
Dycom Industries (DY) beat the $4.68 estimate with adjusted EPS of $5.29 — a large 13.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Sell at 6.3/10 after the report.
Coverage in the report window
- These Analysts Cut Their Forecasts On Dycom Industries Following Q2 Results — benzinga, 2026-08-27
Where TrendMatrix's rating stands now
TrendMatrix currently rates DY Sell at 6.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +13.0% surprise compares with a +25.4% four-quarter average. Next scheduled report: 2026-11-25.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)
- Sector modifier (Industrials): -0.7
- Leverage penalty (D/E 1.5): -0.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $271.52
- Price target
- $453.19
- Stop
- $262.37
- Upside to target
- +66.9%
- Reward-to-risk
- 7.3:1
The stock trades at 25.6× trailing but 13.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-26 — shown for context, not personalized investment advice.
DY at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Engineering & Construction
- Market cap
- $8.21B
- P/E (fwd)
- 13.1
- P/E (ttm)
- 25.6
- 52-week range
- $271.87–$566.47
- Off 52-week high
- 52.1%
- RSI (14)
- 34
- Volume vs avg
- 0.79×
- Score today
- 6.2/10