The latest trading day saw Tutor Perini (TPC) settling at $86.23, representing a -2.1% change from its previous close.
TPC's $19.9B backlog, improving margins and raised 2026 outlook support growth, while execution risks could temper the upside.
TPC's $16B mega-project portfolio is ramping up with higher margins, while Specialty gains and a $200B pipeline add further upside.
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.
Zacks.com users have recently been watching Tutor Perini (TPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Tutor Perini's $4.6B Indo-Pacific pipeline, recent Guam award and margin focus could support further backlog, revenue and earnings growth.
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.