DY · NYSE · STOCK
Dycom Industries (DY) Stock Analysis
$269.27
52W $263.36 – $566.47
55/100
$8.09B
24.3
1.50
Is DY Bullish or Bearish?
Mixed.
Innellis AI committee rates Dycom Industries (DY) Watch with a composite score of 55/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +5.44 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -14.56 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 37.8% yoy -- genuine top-line momentum. Risk Analyst remains cautious — high leverage (debt-to-equity 1.51) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- ROE of 18.1% shows genuine earnings power backing the valuation — Value
- Revenue growing 37.8% YoY -- genuine top-line momentum — Growth
- 5 consecutive earnings beats -- consistent execution — Growth
- MACD histogram positive -- bullish momentum — Technical
- News sentiment is positive (+0.20 across 17 articles, 14d) — News
Bear Case
- Price-to-book of 6.2x prices in significant intangible value — Value
- Debt-to-equity of 1.51 adds balance-sheet risk to the value case — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- Price structure making lower highs and lower lows — Technical
- Trend and market structure agree -- coherent bearish picture — Technical
- Weekly RSI at 24 -- oversold on the larger timeframe too — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
55/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 72%
of 227 Industrials peers
Value Analyst
neutral
50
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 18.1% shows genuine earnings power backing the valuation
− Price-to-book of 6.2x prices in significant intangible value
Growth Analyst
bullish
67
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 37.8% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
neutral
52
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− Price structure making lower highs and lower lows
Risk Analyst
bearish
30
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 1.51) amplifies downside in a stress scenario
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
64
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.20 across 17 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 53.7 to 54.6.
- New bearish signals: 1 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- News Analyst: +1 bullish signal(s).
- Technical Analyst: +1 bearish signal(s).
- Value Analyst: score 45->50 (+5).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
37.6
Neutral
MACD Histogram
3.829
Bullish Momentum
Trend Direction
Downtrend
Weekly: Sideways
Market Structure
Lh Ll
Support
$234.47
Resistance
$284.70
Bollinger %B
0.21
Inside Bands
Price vs Moving Averages
EMA 9
$276.64
Below
EMA 21
$285.27
Below
EMA 50
$320.24
Below
EMA 200
$359.41
Below
Fundamental Analysis
Valuation
75
Growth
75
Profitability
37
Financial Health
76
Cash Flow
70
Valuation
P/E Ratio
24.3×
P/B Ratio
3.92×
PEG Ratio
1.04
Dividend Yield
0.00%
52W High
$566.47
52W Low
$263.36
Quality & Growth
ROE
1512.5%
ROA
470.3%
Gross Margin
1895.9%
Operating Margin
1170.3%
Revenue Growth YoY
—
Debt / Equity
1.48
AI Fundamental Assessment
P/E ratio of 24.3 (inexpensive relative to a 15-40x range); Price-to-book of 3.9x; PEG ratio of 1.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 15.1%; Return on assets of 4.7%; Net margin of 4.8%; Gross margin of 19.0%; Current ratio of 2.35 (healthy short-term liquidity); Debt-to-equity of 1.48; Free cash flow per share is positive (15.58); Most recent quarter beat estimates by 8.9%; 5 consecutive earnings beats; EPS growth decelerating (+117.7% -> +19.7% QoQ); Average YoY EPS growth of 58.9%; Analyst estimates rising over recent quarters
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