Raymond James lowers target for Construction Partners stock to USD 145.00

Published on 10/17/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due on November 19, 2026. Construction Partners stock last traded at USD 82.71 on October 16, 2026, down 0.62 percent on Nasdaq.

Targets, dates and valuation

Raymond James cut its Construction Partners target from USD 150.00 to USD 145.00 on October 16, 2026.
Construction Partners is scheduled to report earnings on November 19, 2026.
Construction Partners stock last traded at USD 82.71 on October 16, 2026, down 0.62 percent from its prior close.
The stock carried a price-to-earnings ratio of 32.56 and a market capitalization of USD 4.7 billion.

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Raymond James lowered its target for Construction Partners (ISIN US21044C1071) from USD 150.00 to USD 145.00 on October 16, 2026, while keeping a Strong Buy rating, according to Markets Insider. The new target stood 75.25 percent above the last Nasdaq price of USD 82.71.

November 19 earnings date

Construction Partners is scheduled to report its next earnings on November 19, 2026, according to the company investor-relations page. The company operates an asphalt-centered infrastructure business across the Sunbelt, with road, highway, runway, bridge and commercial construction activities described by Construction Partners.

Stock remains near yearly low

On October 16, 2026, the stock traded between USD 82.15 and USD 85.40, with 627,296 shares changing hands against an average volume of 817,457. The latest price was 45.2 percent below the 52-week high of USD 151.00 and 4.3 percent above the 52-week low of USD 79.33. The year-to-date performance was minus 26.3 percent.

Valuation and market comparison

Construction Partners had a market capitalization of USD 4.7 billion and a price-to-earnings ratio of 32.56 on October 16, 2026. Its dividend yield was 0.00 percent. The Raymond James target and the November reporting date give investors two separate reference points for the next review of the stock.

Comparison with peers

Construction Partners (Nasdaq, USD): minus 0.62 percent, P/E 32.56, market capitalization USD 4.7 billion
Granite Construction (NYSE, USD): plus 0.85 percent, P/E minus 25.10, market capitalization USD 4.8 billion
Primoris Services (NYSE, USD): minus 0.73 percent, P/E 28.82, market capitalization USD 4.0 billion

Price and investor dates

The target reduction leaves the stock well below the latest analyst objective, while the next scheduled earnings release is the nearer calendar event. The comparison with Granite Construction and Primoris Services also shows that the October 16 session was mixed across the construction group.

The last Nasdaq session ended with Construction Partners stock at USD 82.71 on October 16, 2026, down 0.62 percent from the prior close. The stock remains within its 52-week range, with the next earnings date set for November 19, 2026.