Willdan Q4 contract revenue rises

Overview

• Consulting services firm's Q4 contract revenue rose 20.6% yr/yr

• Q4 net income increased 143.4% yr/yr

• Company expects 2026 net revenue between $390 mln and $405 mln

Outlook

• Willdan targets 2026 net revenue between $390 mln and $405 mln

• Company expects 2026 adjusted EBITDA between $85 mln and $90 mln

• Willdan forecasts 2026 adjusted diluted EPS between $4.50 and $4.70

Result Drivers

• AI AND DATA CENTERS - Co said AI and data centers are driving electricity demand and increasing grid complexity, fueling investment across end markets

• STRATEGIC ACQUISITIONS - Completion of three strategic acquisitions contributed to strong performance in 2025

Company press release: ID:nBwbhrW9va

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the business support services peer group is "buy"

• Wall Street's median 12-month price target for Willdan Group, Inc is $145.00, about 23.8% above its February 25 closing price of $117.10

• The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)