Cardinal Infrastructure Group (NASDAQ:CDNL) Shares Up 7.6% – Should You Buy?

Cardinal Infrastructure Group Inc. (NASDAQ:CDNL)’s stock price was up 7.6% during mid-day trading on Friday . The company traded as high as $34.86 and last traded at $34.70. Approximately 184,554 shares were traded during trading, a decline of 15% from the average daily volume of 217,489 shares. The stock had previously closed at $32.25.

Key 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

A number of brokerages have weighed in on CDNL. DA Davidson lifted their price target on shares of Cardinal Infrastructure Group from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday. Stifel Nicolaus increased their price objective on shares of Cardinal Infrastructure Group from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $33.00.

Cardinal Infrastructure Group Trading Up 6.4%

Institutional Investors Weigh In On Cardinal Infrastructure Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new stake in shares of Cardinal Infrastructure Group during the fourth quarter valued at about $242,000. Readystate Asset Management LP acquired a new position in shares of Cardinal Infrastructure Group in the fourth quarter worth about $2,539,000. Osterweis Capital Management Inc. purchased a new position in Cardinal Infrastructure Group in the fourth quarter valued at about $1,843,000. Oxford Asset Management LLP purchased a new stake in Cardinal Infrastructure Group during the 4th quarter worth approximately $355,000. Finally, Ophir Asset Management Pty Ltd acquired a new position in shares of Cardinal Infrastructure Group in the 4th quarter valued at approximately $23,865,000.

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.