Analyst Price Targets — CDNL
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| June 15, 2026 11:27 am | Brent Thielman | Oppenheimer | $80.00 | $68.73 | TheFly | Cardinal Infrastructure price target raised to $80 from $60 at Oppenheimer |
| May 28, 2026 8:43 am | — | Oppenheimer | $60.00 | $49.65 | TheFly | Cardinal Infrastructure initiated with an Outperform at Oppenheimer |
| February 19, 2026 2:14 pm | Brent Thielman | D.A. Davidson | $35.00 | $31.37 | StreetInsider | Cardinal Infrastructure Group (CDNL) PT Raised to $35 at DA Davidson Following ALGC Acquisition Announcement |
| February 19, 2026 12:25 pm | — | Stifel Nicolaus | $31.00 | $24.56 | TheFly | Cardinal Infrastructure price target raised to $31 from $28 at Stifel |
| January 20, 2026 1:26 pm | Brent Thielman | D.A. Davidson | $30.00 | $26.00 | TheFly | Cardinal Infrastructure initiated with a Buy at DA Davidson |
| January 5, 2026 10:17 am | Brian Brophy | Stifel Nicolaus | $28.00 | $22.62 | TheFly | Cardinal Infrastructure initiated with a Buy at Stifel |
Latest News for CDNL
CDNL, BBCP and W made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 6, 2026.
Cardinal Infrastructure Group is rated Buy with a $107/share price target, driven by a robust backlog and aggressive regional expansion. CDNL's vertically integrated model and recent acquisitions, including ALGC and Piedmont Pipe, are expected to enhance margins and operational efficiency. The new asphalt facility in North Carolina marks a strategic move into materials production, aiming to improve cost structure…
RALEIGH, N.C., June 30, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (Nasdaq: CDNL) ("Cardinal" or "the Company") today announced the completion of construction on its first asphalt processing plant near Raleigh, a milestone in the Company's strategy to own all aspects of civil infrastructure delivery across its growing footprint.
RALEIGH, N.C., June 26, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced that it has closed its upsized underwritten public offering of 4,000,000 shares of its Class A common stock at a price to the public of $73.00 per share.
RALEIGH, N.C., June 24, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced the pricing of an upsized underwritten public offering of 4,000,000 shares of its Class A common stock at a price to the public of $73.00 per share, for total gross proceeds of approximately $292 million, before underwriting discounts, commissions and other offering expenses.
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Insider Trading
Insider Trading
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