Analyst Consensus ?
ConsensusBuy9 ratings
Bullish888.9%
Neutral111.1%
Bearish00.0%
Sterling Infrastructure, Inc. · STRL · FY2025 Q4 · Calendar Q1 2026
Sterling Infrastructure: E-Infrastructure Strength Offsets Segment Risks
Sterling’s FY2025 results and reported backlog support a constructive view of demand in E-Infrastructure, particularly data centers and semiconductor projects. That picture is tempered by expected weakness in Building Solutions, exposure to transportation funding, and execution demands as the company expands.
Reported After market closeNASDAQIndustrials
$10.58B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$3.08
Consensus $2.62
EPS surprise
+17.6%
Reported versus consensus
Reported revenue
$755.6M
Consensus $640.3M
Revenue surprise
+18.0%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-4.8%
Event window
SPY move
-0.6%
Same window
Abnormal move
-4.3%
Stock minus SPY
Volume
1.7×
Versus trailing sessions
Subsequent drift
-4.0%
Up to 20 sessions
STRLSPY benchmark
Ask FN2 about STRL FY2025 Q4
Transcript, numbers and history already loaded
Why did STRL fall 4.8% after beating EPS estimates in FY2025 Q4?What changed in STRL's guidance and outlook in FY2025 Q4?Give me the bull and bear case for STRL after FY2025 Q4 earnings.
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Transcript intelligence
What changed
The FY2025 Q4 analysis describes stronger scale and visibility: revenue grew 32% for the year, backlog increased 78% to $3 billion, and the pipeline was about $4.5 billion. Management maintained its outlook, while pointing to >40% E-Infrastructure revenue growth in 2026 and noting headwinds in Transportation and Building Solutions.
Guidance delta
Guidance sentiment was maintained. Management’s stated 2026 target is >40% E-Infrastructure revenue growth, including 20%+ growth in the legacy business; Transportation growth expectations are moderated by the funding-cycle transition, and Building Solutions revenue is expected to decline.
Key takeaways
- Reported EPS of $3.08 topped the $2.62 estimate; revenue of $755.6 million topped the $640.3 million estimate.
- FY2025 revenue grew 32%, and Q4 revenue grew 69%, led by E-Infrastructure Solutions.
- Backlog reached $3 billion, up 78%; management cited a pipeline of about $4.5 billion.
- Adjusted EBITDA margin exceeded 20% for the first time; E-Infrastructure margins are targeted at 23–24% in 2026.
Management priorities
- Expand in Texas and the Pacific Northwest, including site-development and electrical services.
- Scale modular construction and prefabricated components.
- Pursue complementary acquisitions and apply AI tools to project capacity and safety.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$345.91Previous close
$185Low
$595.91Average
$950High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Nov 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| DA Davidson | Buy | Buy | Maintain | Oct 30, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Oct 29, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Oct 15, 2026 |
| Stifel | Buy | Buy | Maintain | Oct 8, 2026 |
| Canaccord Genuity | Buy | Buy | Maintain | Aug 3, 2017 |
| BWS Financial | Hold | Buy | Downgrade | May 3, 2016 |
| Maxim Group | Buy | Buy | Maintain | May 28, 2015 |
| Sidoti & Co. | Buy | Buy | Maintain | Sep 19, 2013 |
| BB&T Capital | Buy | Hold | Upgrade | Jan 7, 2013 |
Named analyst price targets
Upside is calculated against the persisted previous close $345.91. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Argus Research | John Eade | $500 | $373.66 | +44.5% | Oct 30, 2026 |
| KeyBanc | Analyst unavailable | $755 | $453.07 | +118.3% | Oct 15, 2026 |
| Stifel Nicolaus | Brian Brophy | $742 | $534.13 | +114.5% | Oct 8, 2026 |
| D.A. Davidson | Analyst unavailable | $700 | $520.53 | +102.4% | Aug 20, 2026 |
| Cantor Fitzgerald | Manish Somaiya | $742 | $543.78 | +114.5% | Aug 5, 2026 |
| KeyBanc | Analyst unavailable | $754 | $541.62 | +118.0% | Aug 5, 2026 |
| KeyBanc | Analyst unavailable | $922 | $845.39 | +166.5% | Jun 2, 2026 |
| Oppenheimer | Brent Thielman | $950 | $782.12 | +174.6% | May 28, 2026 |
| KeyBanc | Analyst unavailable | $889 | $806 | +157.0% | May 6, 2026 |
| KeyBanc | Sangita Jain | $572 | $487.87 | +65.4% | Apr 23, 2026 |
| Argus Research | Analyst unavailable | $510 | $456.08 | +47.4% | Apr 16, 2026 |
| Stifel Nicolaus | Analyst unavailable | $486 | $433.91 | +40.5% | Feb 11, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $413 | $364.25 | +19.4% | Jan 23, 2026 |
| D.A. Davidson | Analyst unavailable | $460 | $404 | +33.0% | Nov 5, 2025 |
| D.A. Davidson | Brent Thielman | $185 | $122.16 | -46.5% | Feb 27, 2025 |
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Start freeCompany context
Snapshot as of publicationSterling Infrastructure, Inc. operates across three distinct business segments: transportation, e-infrastructure, and building solutions. The company's operations span a significant portion of the United States, including the Southern, Northeastern, and Mid-Atlantic regions, as well as the Rocky Mountain states, California, and Hawaii. Within its transportation division, Sterling specializes in developing and rehabilitating critical infrastructure. This includes projects such as highways, roads, bridges, airports, ports, and light rail systems, alongside essential water, wastewater, and storm drainage solutions. Their clients in this sector range from state departments of transportation and regional transit authorities to airport, port, and water authorities, as well as railway companies.…
Historical context
All STRL earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| GD General Dynamics Corporation | FY2026 Q3 · Calendar Q4 2026 | +9.0% | +0.5% | General Dynamics raises outlook as orders and backlog surge |
| RBC RBC Bearings Incorporated | FY2027 Q2 · Calendar Q4 2026 | +5.9% | -6.8% | RBC Bearings: Strong Q2, capacity investment supports second half |
| CNI Canadian National Railway Company | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -0.3% | CN posts strong Q3, maintains EPS outlook and expands Mexico strategy |
| NVT nVent Electric plc | FY2026 Q3 · Calendar Q4 2026 | +8.6% | -8.8% | nVent raises outlook as data-center demand and Maverick broaden growth |
| MTZ MasTec, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.3% | +0.8% | MasTec posts record Q3 as power and data-center demand accelerates |
| IR Ingersoll Rand Inc. | FY2026 Q3 · Calendar Q4 2026 | +18.5% | +0.2% | Ingersoll Rand raises FY2026 outlook as orders accelerate |
Latest beats and misses
Who reports nextBeat on EPS
- CHDFY2026 Q3 · October 30, 2026+2.2% EPS+1.2% move
- AZNFY2026 Q3 · October 30, 2026+7.3% EPS+7.0% move
- FRTFY2026 Q3 · October 30, 2026+3.9% EPS-1.1% move
- CVXFY2026 Q3 · October 30, 2026+8.4% EPS+1.8% move
- BTSGFY2026 Q3 · October 30, 2026+14.2% EPS+11.1% move
- EXCFY2026 Q3 · October 30, 2026+10.4% EPS+0.5% move
Missed on EPS
- GLPIFY2026 Q3 · October 29, 2026-11.5% EPS-1.3% move
- LYBFY2026 Q3 · October 30, 2026-1.2% EPS+5.0% move
- CCJFY2026 Q3 · October 30, 2026-101.4% EPS-7.9% move
- VALEFY2026 Q3 · October 29, 2026-24.6% EPS+1.9% move
- DLR-PLFY2026 Q3 · October 29, 2026-8.4% EPS— move
- DLR-PKFY2026 Q3 · October 29, 2026-8.4% EPS— move
Get the STRL recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-02T08:40:43.833976+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-02T08:40:43.831266+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-02. For educational purposes only; not investment advice.