STRL

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang has a way of turning things to gold.

THE WOODLANDS, Texas, July 8, 2026 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling," "we," "our" or "the Company") today announced that it entered into a second amendment and restatement of its credit agreement, which, among other things, extends the maturity of its credit facility to July 2031, expands the size of the credit facility, and provides additional flexibility for ongoing and future operations. The amended credit agreement replaces the existing term loan and revolving credit facilities (the "existing credit facilities") and will initially provide for revolving borrowings of up to $1.5 billion.

Following an explosive Q1 FY26, Sterling Infrastructure is expected to sustain its top line momentum driven by explosive E-infrastructure demand and the CEC acquisition contributions. High-quality backlog and disciplined execution should keep profitability strong through FY26 and beyond. Structural AI and semiconductor tailwinds, and a focus on strategic M&As, support the long-term story.

STRL's 216% rally lifts its valuation, but record backlog, AI infrastructure demand and bullish estimates may still support more upside.

Sterling Infrastructure remains fundamentally strong, driven by AI data center build-outs and robust backlog growth, but valuation is now stretched. STRL delivered record Q1 revenue of $825.7M (+92% YoY), with adjusted EPS up 120% YoY, prompting a 50%+ post-earnings rally. FY2026 guidance was raised to $3.70–3.80B in sales and $18.40–19.05 adjusted EPS, with backlog visibility supporting continued growth.

Sterling Infrastructure (STRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks.com users have recently been watching Sterling Infrastructure (STRL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

STRL, STX and SMTC show strong 52-week price momentum despite one-week pullbacks as markets hit records after a powerful first half.

Sterling Infrastructure, Inc. STRL has built a diversified business across multiple infrastructure markets, with Transportation Solutions remaining an important contributor to its long-term strategy. While the segment may not attract as much attention as the company's faster-growing businesses, it plays a meaningful role by generating stable earnings, supporting efficient resource allocation and strengthening the overall operating model.

Q2 market gains fueled by AI momentum set the stage for Q3. MU, WDC, MCHP, CRDO and STRL are five momentum stocks positioned to benefit in Q3.