$STRL

Sterling Infrastructure (STRL) will report Q3 2026 earnings on Oct 28. Analysts forecast EPS of $6.17 (+77.3% Y/Y) and revenue of $1.19B (+72.7% Y/Y).

SemiAnalysis forecasts annual additions to data center IT capacity outside China to double to 51 gigawatts in 2024, with 75% from operational or under-construction projects. Amazon (AMZN) and Meta (META) are using modular designs. Nvidia (NVDA), Vertiv (VRT), Comfort Systems USA (FIX), and Sterling Infrastructure (STRL) benefit from increased demand. Altimeter Capital's Brad Gerstner disagrees, predicting 25 gigawatts.

D.A. Davidson reiterated a Buy rating on Sterling Construction (STRL) with a $700 price target. The stock is down 13% over the past week but up 46% year-to-date. The firm's analyst visited a data center project, reinforcing positive observations about the company's operations and growth prospects. Other analysts have also updated their ratings and price targets for STRL.

Cantor Fitzgerald reiterated an Overweight rating and $742 price target for Sterling Construction (STRL) after a site visit, citing long-term growth in its E-Infrastructure business. The firm noted strong customer visibility and pipeline quality. STRL reported Q2 2026 earnings of $5.80 per share on $1.17B revenue, beating estimates. Stifel also lowered its target to $742, maintaining a Buy rating.

EMCOR (EME) reported Q2 revenues of $5.15B, up 19.8% YoY, beating estimates and raising full-year guidance. AECOM (ACM) reported $3.59B, down 14.2% YoY, missing estimates. MasTec (MTZ) reported $4.37B, up 23.4% YoY, but missed EPS estimates. Sterling (STRL) reported $1.17B, up 90.1% YoY, exceeding expectations. Stocks reacted accordingly.

Stifel reduced its price target for Sterling Construction (STRL) to $742 from $804, citing margin concerns, while maintaining a Buy rating. The stock is down 53% from its 52-week high. The firm expects growth in the CEC division but notes potential margin dilution. STRL reported better-than-expected Q2 2026 earnings and revenue, surpassing estimates. Cantor Fitzgerald also lowered its price target to $742, citing margin mix and growth concerns.

Analysts updated ratings and price targets for multiple companies. Lululemon (LULU) was downgraded to neutral with a target of $100. Marvell (MRVL) was upgraded to buy with a target of $350. Coinbase (COIN) maintained underweight but raised its target to $149. Microsoft (MSFT) kept outperform with a target of $635. Robinhood (HOOD) maintained overweight with a target of $132.

Sterling Infrastructure (STRL) appointed Katherine Hargis as SVP, General Counsel, Chief Compliance Officer, and Corporate Secretary, effective October 5, 2026. She succeeds Mark D. Wolf and joins from Key Energy Services, bringing experience in legal, compliance, and M&A. The company expects her leadership to support its growth strategy and long-term shareholder value, according to the SEC filing.

Cantor Fitzgerald reiterated an Overweight rating on Sterling Construction (STRL) with a reduced price target of $742.00, citing strong demand and revenue growth but concerns over margin mix. The stock trades at $533.42, with a market cap of $16.32 billion. Recent Q2 2026 results beat estimates, showing $5.80 EPS on $1.17 billion revenue, yet investor concerns led to a stock decline.

Cipher Digital (CIFR) builds AI data centers, expecting net operating income to rise from $97M to $686M. Sterling Infrastructure (STRL) saw 90% revenue growth, driven by data center construction. Comfort Systems USA (FIX) has a $14.1B backlog, fueled by AI infrastructure demand.