The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
I reiterate Tutor Perini as a Strong Buy with a $125 price target, reflecting durable margin expansion and robust cash generation. Q2 2026 results confirm the transition to higher-margin megaprojects, with record $1.64B revenue (+19% y/y) and $117.7M construction income (+54%). Management raised 2026 adjusted EPS guidance to $5.15–$5.45 and expects 2027 EPS to be substantially higher, supported by strong backlog earnings visibility.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.4% in Tutor Perini (TPC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Tutor Perini has executed a dramatic turnaround, achieving record revenue, improved margins, and a net-cash balance sheet. Management raised 2026 adjusted EPS guidance to $5.15–$5.45 and anticipates even higher 2027 earnings, supported by mega-project ramp-ups. Lower interest expense from refinancing and a fading stock-compensation drag are set to accelerate earnings growth beyond revenue in 2027.
Tutor Perini NYSE: TPC reported record second-quarter revenue and operating income, supported by ramping activity on large projects, improved segment margins and strong operating cash flow. The company also raised its 2026 adjusted earnings outlook, completed a debt refinancing and increased its quarterly cash dividend.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tutor Perini (TPC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Tutor Perini Corporation (TPC) Q2 2026 Earnings Call Transcript
Tutor Perini (TPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Tutor Perini (TPC) concluded the recent trading session at $86.77, signifying a -1.02% move from its prior day's close.