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To own Willdan, you need to believe its focus on energy efficiency, grid modernization, and long term utility and municipal contracts can keep revenue and earnings growing despite policy and tax headwinds. The latest quarterly beat and higher 2026 net revenue targets reinforce the near term catalyst of converting its growing backlog into profitable work, while integration risk from ongoing acquisitions and exposure to government budgets remain key issues to watch, but are unchanged by this news.
The update that matters most here is Willdan’s new 2026 net revenue target of US$415 million to US$430 million, coming just months after raising guidance to US$410 million to US$425 million. Against a backdrop of recent large contract wins such as the US$112 million City of San Diego energy savings performance contract, this tighter, higher range frames how much of today’s strong quarter is already embedded in management’s own expectations.
Yet, beneath these stronger numbers, investors should still be aware of how dependent Willdan remains on government and utility spending, especially if...
Read the full narrative on Willdan Group (it's free!)
Willdan Group's narrative projects $867.2 million revenue and $76.9 million earnings by 2028. This requires 11.3% yearly revenue growth and a $41.7 million earnings increase from $35.2 million today.
Uncover how Willdan Group's forecasts yield a $145.00 fair value, a 68% upside to its current price.
Compared with the consensus narrative, the most pessimistic analysts were already assuming margins would compress as automation increased, even while forecasting revenue of about US$1.2 billion by 2029, so this quarter’s strong print could eventually cause both views to shift and is a reminder that your own expectations may differ sharply from what any one group of analysts assumed before this news.
Explore 4 other fair value estimates on Willdan Group - why the stock might be worth just $137.50!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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