EME trades 18.1% below Wall Street's consensus target of $987.67.
Last 12 months price action with 12-month analyst target path
The base valuation assumes EME achieves its forward estimates and maintains a stable P/E multiple of 28.5x. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, EMCOR Group, Inc. (EME) has a Wall Street consensus price target of $987.67, based on estimates from 13 covering analysts. With the stock currently trading at $836.59, this represents a potential upside of +18.1%. The company has a market capitalization of $37.26B.
Analyst price targets range from a low of $918.00 to a high of $1100.00, representing a 18% spread in expectations. The median target of $945.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, EME trades at a trailing P/E of 29.7x and forward P/E of 28.5x. The forward PEG ratio of 0.45 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -0.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $884.84, with bear and bull scenarios of $557.45 and $1165.87 respectively. Model confidence stands at 56/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
PWRQuanta Services, Inc. | $105.4B | $702.25 | $674.27 | -4.0% | Buy | 50.2x | 36 |
MTZMasTec, Inc. | $29.9B | $379.66 | $416.73 | +9.8% | Buy | 43.0x | 36 |
WLDNWilldan Group, Inc. | $1.3B | $89.00 | $117.50 | +32.0% | Buy | 21.6x | 7 |
MYRGMYR Group Inc. | $7.2B | $461.10 | $412.67 | -10.5% | Hold | 40.3x | 21 |
PRIMPrimoris Services Corporation | $5.5B | $101.30 | $152.78 | +50.8% | Buy | 20.9x | 24 |
DYDycom Industries, Inc. | $13.7B | $456.65 | $603.63 | +32.2% | Buy | 27.5x | 22 |
JJacobs Solutions Inc. | $14.3B | $120.97 | $157.14 | +29.9% | Buy | 16.7x | 38 |
ACMAecom | $8.8B | $68.81 | $110.57 | +60.7% | Buy | 11.5x | 25 |
KBRKBR, Inc. | $4.2B | $32.82 | $43.00 | +31.0% | Buy | 8.6x | 31 |
TTEKTetra Tech, Inc. | $7.1B | $27.36 | $35.00 | +27.9% | Hold | 17.7x | 26 |
Quick answers to the most common questions about buying EME stock.
EMCOR Group, Inc. (EME) has a consensus 12-month price target of $987.67, implying 18.1% upside from $836.59. The 13 analysts covering EME see moderate appreciation potential.
EME has a consensus rating of "Buy" based on 13 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $987.67 implies 18.1% upside from current levels.
EME trades at a forward P/E of 28.501x, representing a moderate valuation. With analysts targeting $987.67 (18.1% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $1100 for EME, while the most conservative target is $918. The consensus of $987.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $1166 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
EME is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month EME stock forecast based on 13 Wall Street analysts shows a consensus price target of $987.67, with estimates ranging from $918 (bear case) to $1100 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $885, with bear/bull scenarios of $557/$1166.
Our quantitative valuation model calculates EME's fair value at $885 (base case), with a bear case of $557 and bull case of $1166. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 56/100.
EME trades at a forward P/E ratio of 28.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 29.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on EME, with a "Buy" consensus rating and $987.67 price target (18.1% upside). 8 of 13 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
EME analyst price targets range from $918 to $1100, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $987.67 consensus represents the middle ground. Our model's $557-$1166 range provides an independent fundamental perspective.
Deep dive into EME consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.