VMI
Valmont Industries Inc
NYSE: VMI · INDUSTRIALS · CONGLOMERATES
$516.00
-2.03% today
Updated 2026-06-05
Market cap
$10.62B
P/E ratio
30.40
P/S ratio
2.55x
EPS (TTM)
$17.99
Dividend yield
0.53%
52W range
$314 – $549
Volume
0.2M
Valmont Industries Inc (VMI) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed VMI price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$516.00
Today
Analyst consensus
$527.00
+2.13% · 12M
2030 Base
$483.23
-6.35% future
NPV today
$286.59
@ 12% WACC
5 analysts:
3 Buy2 Hold0 Sell
Management guidance
Management raised FY2026 diluted EPS guidance floor and shifted sales composition emphasis toward higher-margin Infrastructure segment (North America Utility business showing strong momentum). Q1 2026 revenue of $1.03B (+6.3% YoY) with guidance indicating confidence in infrastructure investment cycle acceleration. CEO has signaled multi-year visibility into utility capex spending from major customers, positioning VMI as primary beneficiary of North American infrastructure modernization.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
VMI · Valmont Industries Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$483.23
NPV today: $286.59
Base case (2030)
$483.23
NPV today: $286.59
Bull case (2030)
$888.57
NPV today: $526.98
WallStSmart.com
VMI financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $4.1B | $4.5B | $5.2B | $6.2B | $7.0B | $8.0B |
| Revenue growth | 0.7% | 10.2% | 15.9% | 17.9% | 14.1% | 13.2% |
| Net margin | — | 10.1% | 10.7% | 11.2% | 11.4% | 11.5% |
| EPS | $19.10 | $23.50 | $28.75 | $35.20 | $40.80 | $46.50 |
| Diluted shares | — | 19M | 20M | 20M | 20M | 20M |
| Net debt | — | $-272.14M | $-522.00M | $-816.67M | $-1.15B | $-1.53B |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $246.11 | $295.03 | $357.17 | $417.50 | $483.23 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $8.0B | $8.0B | $8.0B |
| P/S multiple | 1.0x | 1.0x | 2.0x |
| Diluted shares | 20M | 20M | 20M |
| Net debt | $-1.53B | $-1.53B | $-1.53B |
| Implied P/E † | 10x | 10x | 19x |
| 2030 Price | $483.23 | $483.23 | $888.57 |
| NPV @ 12% | $286.59 | $286.59 | $526.98 |
† Implied P/E: Multiples remain elevated across all three scenarios because VMI is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $483.23 base case
VMI catalysts and risks
Growth catalysts
+ Investor Day (June 16, 2026) revealing long-term infrastructure strategy and growth targets through 2030
+ Sustained North America Utility segment acceleration driven by grid modernization and renewable integration capex
+ Multi-year customer contracts/RPO from major utilities providing revenue visibility and backlog conversion
+ Operating leverage from Infrastructure segment mix shift (higher margins vs. Agriculture)
+ Potential M&A or organic capacity expansion to capture infrastructure boom
Key risks
- Agriculture segment weakness persisting longer than expected (lower-margin business creating headwind)
- Utility capex cycle delay or postponement due to regulatory/economic headwinds
- Competition intensifying in Infrastructure from larger conglomerates or specialty players
- Execution risk on margin expansion targets as revenue composition shifts
- Macro recession reducing customer capex spending despite structural infrastructure tailwinds
Methodology · Valmont Industries Inc 2030 stock forecast model
Valmont Industries Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 5 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for VMI by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-1.53B by 2030) |
| 3. Time value | NPV calculated using 12% WACC (CAPM: beta 1.364) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 2.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
VMI price target FAQ
What is the VMI price target for 2030?
WallStSmart's Valmont Industries Inc 2030 base case is $483.23 per share, with a bull case of $888.57 and bear case of $483.23. The NPV of the base case discounted to today at 12% WACC is $286.59.
How is the Valmont Industries Inc 2030 stock forecast calculated?
The VMI 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the VMI price target account for dilution?
Valmont Industries Inc is projected to grow diluted share count from 19M to 20M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on VMI stock?
5 analysts cover VMI with an average 12-month price target of $527.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.