NOA trades 105.4% below Wall Street's consensus target of $27.50.
Last 12 months price action with 12-month analyst target path
The base valuation assumes NOA achieves its forward estimates and maintains a stable P/E multiple of 6.1x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 30, 2026, North American Construction Group Ltd. (NOA) has a Wall Street consensus price target of $27.50, based on estimates from 6 covering analysts. With the stock currently trading at $13.39, this represents a potential upside of +105.4%. The company has a market capitalization of $382M.
Analyst price targets range from a low of $27.50 to a high of $27.50, representing a 0% spread in expectations. The median target of $27.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 6 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, NOA trades at a trailing P/E of 16.7x and forward P/E of 6.1x. Analysts expect EPS to grow +88.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $40.07, with bear and bull scenarios of $25.24 and $52.79 respectively. Model confidence stands at 39/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
ROADConstruction Partners, Inc. | $6.8B | $120.21 | $142.25 | +18.3% | Buy | 39.9x | 9 |
PRIMPrimoris Services Corporation | $5.3B | $97.24 | $143.56 | +47.6% | Buy | 20.1x | 24 |
MYRGMYR Group Inc. | $7.8B | $501.13 | $412.67 | -17.7% | Hold | 43.8x | 21 |
STRLSterling Infrastructure, Inc. | $25.0B | $813.77 | $656.20 | -19.4% | Buy | 43.1x | 9 |
GLDDGreat Lakes Dredge & Dock Corporation | $1.1B | $17.00 | — | — | Buy | 15.4x | 7 |
WLDNWilldan Group, Inc. | $1.2B | $79.22 | $117.50 | +48.3% | Buy | 19.2x | 7 |
MTZMasTec, Inc. | $33.8B | $429.09 | $416.73 | -2.9% | Buy | 48.6x | 36 |
PWRQuanta Services, Inc. | $107.2B | $714.45 | $691.86 | -3.2% | Buy | 51.0x | 36 |
KBRKBR, Inc. | $4.3B | $33.71 | $36.00 | +6.8% | Buy | 8.8x | 31 |
FLRFluor Corporation | $7.5B | $53.73 | $56.00 | +4.2% | Buy | 20.7x | 28 |
Quick answers to the most common questions about buying NOA stock.
The consensus Wall Street price target for NOA is $27.5, representing 105.4% upside from the current price of $13.39. With 6 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
NOA has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $27.5 implies 105.4% upside from current levels.
With a forward P/E of 6.1063x, NOA trades at a relatively low valuation. The consensus target of $27.5 implies 105.4% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $27.5 for NOA, while the most conservative target is $27.5. The consensus of $27.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $53 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
NOA is moderately covered, with 6 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 5 have Buy ratings, 0 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 NOA stock forecast based on 6 Wall Street analysts shows a consensus price target of $27.5, with estimates ranging from $27.5 (bear case) to $27.5 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $40, with bear/bull scenarios of $25/$53.
Our quantitative valuation model calculates NOA's fair value at $40 (base case), with a bear case of $25 and bull case of $53. 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 39/100.
NOA trades at a forward P/E ratio of 6.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 16.7x. 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 very optimistic on NOA, with a "Buy" consensus rating and $27.5 price target (105.4% upside). 6 of 6 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.
NOA analyst price targets range from $27.5 to $27.5, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $27.5 consensus represents the middle ground. Our model's $25-$53 range provides an independent fundamental perspective.
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