Is Willdan Group (WLDN) One of the Best Small Cap Data Center Stocks to Buy?

Willdan Group, Inc. (NASDAQ:WLDN) is one of the 8 Best Small Cap Data Center Stocks to Buy. According to analyst ratings compiled by CNN, the stock continues to receive a strong Buy rating, with an average price target of $135, representing a 46.55% upside from the current price of $92.12. In the past year, the stock has grown 82.49%, while it posted a 13.63% year-to-date decline.

On May 7, the company reported an 8.3% rise in net revenue to $92.4 million for the first quarter of the year, driven by demand for its energy solutions. The company also reported an 82% jump in its net income to $8.5 million and a 44.4% increase in adjusted diluted EPS of $0.91.

Willdan President and Chief Executive Officer Mike Bieber said first-quarter results reflect strong demand for the company’s energy solutions. He emphasized that the company’s recent acquisition of Burton Energy Group expands its energy offerings. He added:

“Burton is a management consultant and solutions provider that strengthens our national presence, deepens our energy efficiency capabilities and adds energy procurement. Reflecting the strength of our underlying business and outlook, we are raising our 2026 financial targets and long-term margin goal. We now expect 2026 Adjusted EBITDA growth to increase by 26% to 32% year over year.”

Willdan Group, Inc. (NASDAQ:WLDN) is a technical services company focused on energy and infrastructure solutions. Among its offerings are energy planning and analytics, consulting, software, public finance, engineering, and program implementation.

READ NEXT: 8 Best Digital Infrastructure REITs to Buy According to Analysts and 10 Best AI Stocks to Watch in May

Disclosure: None. Follow Insider Monkey on Google News.