Keybanc Maintains Overweight on Sterling Infrastructure, Raises Price Target to $755

Sterling Infrastructure Reports Record Third Quarter 2026 Results and Raises Full Year Guidance

Sterling Infrastructure, Inc. announced strong financial results for the third quarter of 2026, exceeding analyst expectations for both revenue and earnings, and subsequently raised its full-year 2026 guidance.

The Zacks Analyst Blog Highlights Innodata, Argan, Trex, Quanta Services and Sterling Infrastructure

The U.S. construction sector is expected to deliver mixed Q3 2026 results, with strong performance in AI data centers and infrastructure projects offset by residential construction weakness and labor shortages. Five construction stocks—Innodata, Argan, Trex, Quanta Services, and Sterling Infrastructure—are identified as likely to beat earnings expectations based on Zacks Rank and Earnings ESP methodology.

Shares of data center infrastructure-related companies are trading lower as elevated oil prices and stronger-than-expected inflation data this week fuel concerns that interest rates will remain higher for longer. Elevated financing costs could slow investment in data centers and power infrastructure, weighing on demand for electrical equipment and HVAC systems.

Shares of data center infrastructure-related companies are trading lower as concerns mount about highly leveraged customers' credit health, which may weigh on expectations for demand, backlogs and margins across the sector.