Cardinal Infrastructure Group (NASDAQ:CDNL) Hits New 1-Year High – Should You Buy?

Cardinal Infrastructure Group Inc. (NASDAQ:CDNL)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $31.51 and last traded at $30.64, with a volume of 102172 shares changing hands. The stock had previously closed at $24.56.

More Cardinal Infrastructure Group News

Here are the key news stories impacting Cardinal Infrastructure Group this week:

• Positive Sentiment: Cardinal announced the acquisition of A.L. Grading Contractors (reported deal value ~ $245.5M), expanding its grading/civil footprint and adding scale that investors view as accretive. Cardinal Infrastructure Group (CDNL) Announces the Acquisition of A. L. Grading Contractors
• Positive Sentiment: Management raised FY‑2026 revenue guidance to roughly $664.9M–$678.3M, well above consensus (~$479.9M), signaling stronger organic growth and M&A contribution — a clear fundamental catalyst for the stock.
• Positive Sentiment: Preliminary operating results and a bullish revenue outlook have prompted market commentary and technical interest, including articles highlighting a sharp intraday jump and a breakout past a buy point. Why Cardinal Infrastructure Group Inc.’s (CDNL) Stock Is Up 27.57% IPO stock jumps past buy point on booming preliminary revenue, outlook
• Neutral Sentiment: Short‑interest reports in the feed show contradictory/erroneous figures (zeros and NaN values); current short‑interest metrics appear unreliable, so short‑pressure is unclear from these releases.
• Neutral Sentiment: Comparative coverage places Cardinal alongside peers like Primoris (PRIM), useful for benchmarking but not an immediate price driver. Comparing Cardinal Infrastructure Group (NASDAQ:CDNL) and Primoris Services (NYSE:PRIM)

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CDNL shares. Stifel Nicolaus boosted their target price on Cardinal Infrastructure Group from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday. DA Davidson boosted their price objective on Cardinal Infrastructure Group from $30.00 to $35.00 and gave the company a “buy” rating in a report on Thursday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $33.00.

Cardinal Infrastructure Group Trading Up 6.4%

Institutional Trading of Cardinal Infrastructure Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC bought a new position in Cardinal Infrastructure Group during the 4th quarter worth about $152,000. Zuckerman Investment Group LLC bought a new position in shares of Cardinal Infrastructure Group during the fourth quarter valued at approximately $242,000. XTX Topco Ltd purchased a new position in Cardinal Infrastructure Group during the fourth quarter valued at approximately $242,000. Oxford Asset Management LLP bought a new position in Cardinal Infrastructure Group in the fourth quarter worth approximately $355,000. Finally, HRT Financial LP purchased a new stake in Cardinal Infrastructure Group during the fourth quarter worth $586,000.

About Cardinal Infrastructure Group

We provide a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Our operations leverage a large highly skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. We are becoming the platform of choice for a diverse array of infrastructure construction projects in our target geographies that require high-level technical expertise and sophistication.