Sterling Infrastructure (NASDAQ:STRL) Stock Gets Price Target Reduction from DA Davidson

Posted by Francis Steltz on Oct 30th, 2026

Sterling Infrastructure (NASDAQ:STRL – Get Free Report) had its price target dropped by equities research analysts at DA Davidson from $700.00 to $680.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. DA Davidson‘s target price suggests a potential upside of 96.62% from the stock’s current price.

STRL has been the topic of several other research reports. Wall Street Zen lowered Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Stifel Nicolaus lowered their price target on shares of Sterling Infrastructure from $804.00 to $742.00 and set a “buy” rating on the stock in a report on Thursday, October 8th. Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. KeyCorp lifted their price objective on shares of Sterling Infrastructure from $754.00 to $755.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $742.00 target price on shares of Sterling Infrastructure in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $729.83.

View Our Latest Research Report on Sterling Infrastructure

Sterling Infrastructure Stock Down 7.4%

Shares of NASDAQ STRL traded down $27.82 during midday trading on Friday, reaching $345.84. 671,428 shares of the company’s stock traded hands, compared to its average volume of 642,542. The company has a market cap of $10.58 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 1.36 and a beta of 1.86. The stock’s 50 day simple moving average is $476.03 and its 200-day simple moving average is $549.63. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.19. Sterling Infrastructure has a one year low of $281.58 and a one year high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last posted its earnings results on Wednesday, October 28th. The construction company reported $7.58 earnings per share for the quarter, topping analysts’ consensus estimates of $6.20 by $1.38. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.19 billion. Sterling Infrastructure had a return on equity of 48.99% and a net margin of 12.85%. The business’s quarterly revenue was up 127.0% on a year-over-year basis. On average, analysts predict that Sterling Infrastructure will post 19.10 EPS for the current fiscal year.

Institutional Investors Weigh In On Sterling Infrastructure

Large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Sterling Infrastructure in the 2nd quarter valued at $2,713,946,000. State Street Corp increased its holdings in Sterling Infrastructure by 290.7% in the 2nd quarter. State Street Corp now owns 4,253,073 shares of the construction company’s stock worth $3,569,859,000 after acquiring an additional 3,164,551 shares in the last quarter. Jupiter Topco LLC acquired a new position in Sterling Infrastructure during the second quarter worth $395,056,000. First Trust Advisors LP raised its position in Sterling Infrastructure by 27.3% during the first quarter. First Trust Advisors LP now owns 877,990 shares of the construction company’s stock worth $357,579,000 after acquiring an additional 188,048 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Sterling Infrastructure during the second quarter valued at $144,725,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

More Sterling Infrastructure News

Here are the key news stories impacting Sterling Infrastructure this week:

Positive Sentiment: Third-quarter adjusted EPS reached $7.58, well above the roughly $6.07–$6.20 consensus range, while revenue surged 127% year over year to $1.56 billion, exceeding estimates of approximately $1.19 billion. Sterling Reports Record Third Quarter Results and Raises Full Year 2026 Guidance
Positive Sentiment: Sterling raised its 2026 guidance to $21.70–$21.96 in EPS and $4.6–$4.7 billion in revenue, above consensus expectations of $19.84 EPS and $4.1 billion in revenue. STRL Q3 Earnings Call Highlights Multiyear Growth Opportunities
Positive Sentiment: Growth is being driven by e-infrastructure and mission-critical data-center construction, electrical work and strong organic demand. Management cited a nearly $8 billion work pipeline and a combined backlog of about $6.14 billion, supporting a multiyear growth thesis. Sterling Q3 Earnings and Revenues Beat on E-Infrastructure Growth
Positive Sentiment: Cantor Fitzgerald reaffirmed its Overweight rating and assigned a $742 price target, indicating significant potential upside based on its growth expectations. Cantor Fitzgerald Sterling Infrastructure Ratings
Neutral Sentiment: Investors are weighing the strong headline results against a softer signed-backlog trend and questions about the quality and timing of the broader pipeline. Housing-related weakness also remains a headwind. Sterling Grows 127% as Signed Backlog Dips
Negative Sentiment: The sharp earnings reaction indicates that some investors may have expected an even stronger outlook or remain concerned about margin mix, backlog conversion and the sustainability of unusually rapid growth.

About Sterling Infrastructure

(Get Free Report)

Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.