After NV5's stock plunged 31% this year, Roth Capital predicts that the company's organic growth will be in the high single digit percentage levels this year. The firm keeps a $30 price target and Buy rating on the shares.

NV5 Global announced a strategic collaboration with Cadence Design Systems to qualify, design, and demonstrate ideal data center design conditions for AI data center platforms, including NVIDIA AI Compute systems. The intent of the collaboration is to develop the optimal data center environment for the fastest and most reliable data center hardware and software performance. "NV5's data center engineering and commissioning business continues to expand domestically and internationally, and we are pleased to contribute to this collaboration in the rapidly evolving AI data center industry," said Dickerson Wright, Executive Chairman of NV5. "We look forward to our continued partnership as we work to design optimized data center environments that meet demands for ever-expanding computing capacity and speed."