Analysts expect Ferrovial to report Q1 2026 revenue of $2.31 billion and earnings per share of $0.15, as the stock trades near $66.81 with a consensus price target of $70.47.
Investors are primarily focused on the pricing power of North American toll roads following significant 2026 tariff increases on the 407 ETR in Canada.
Supporting this outlook is the company's recent strategic shift toward high-margin complex infrastructure projects in the U.S., which drove a record construction backlog of €17.6 billion earlier this year.
While top-line growth remains robust, analysts are monitoring whether increased investments in the New Terminal One at JFK will weigh on near-term profitability and margins.