Sterling Infrastructure 'Outperform' Rating Sets $950 Target, 21.5% Upside
STRL•Oppenheimer initiated coverage on Sterling Infrastructure with an Outperform rating and set a $950 price target, implying 21.46% upside. The firm’s average brokerage recommendation of 1.29 and projected 2026 revenues of $3.7–$3.8 billion tied to AI data center construction drove the positive outlook.
1. Coverage Initiation
On May 28, Oppenheimer initiated coverage on Sterling Infrastructure, assigning an Outperform rating and establishing a $950 price target—implying a 21.46% potential upside from recent trading levels.
2. Consensus Broker Rating
Sterling Infrastructure’s average brokerage recommendation stands at 1.29 on a 1-to-5 scale, reflecting a blend of Strong Buy and Buy opinions from seven firms, six of which rated it Strong Buy.
3. AI Data Center Growth and Revenue Outlook
The firm expects 2026 revenues between $3.7 billion and $3.8 billion, driven by accelerating demand for AI data center construction, which underpins the optimistic analyst outlook.
