Willdan Group (WLDN) reported another strong quarter, with beats across the board while raising its full-year guidance as it continues to see business growth and seeks to enter new markets, Wedbush said Friday.
The brokerage noted that the commercial business grew faster than its core business in Q2, accounting for 26% of total net revenue, with AI adding a new growth vector, according to the note.
The company increased its full-year guidance as it sees strength across the business and expects more large deals to convert over the coming quarters, Wedbush said. Willdan expects 2026 net revenue of $415 million to $430 million and adjusted diluted EPS of $5.00 to $5.15.
Wedbush kept an outperform rating on Willdan Group with a price target of $130.
Shares of Willdan Group rose by more than 12% in Friday trading.
Price: 82.28, Change: +8.59, Percent Change: +11.65
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