Primoris Services Corporation (PRIM)
| Market Cap | 5.69B +78.0% |
| Revenue (ttm) | 7.49B +13.4% |
| Net Income | 248.10M +20.3% |
| EPS | 4.53 +20.2% |
| Shares Out | 54.25M |
| PE Ratio | 23.14 |
| Forward PE | 20.66 |
| Dividend | $0.32 (0.31%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 3,179,020 |
| Open | 108.20 |
| Previous Close | 107.98 |
| Day's Range | 103.84 - 110.01 |
| 52-Week Range | 67.15 - 205.50 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 159.21 (+51.92%) |
| Earnings Date | May 5, 2026 |
About PRIM
Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments: Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical... [Read more]
Financial Performance
In 2025, Primoris Services's revenue was $7.57 billion, an increase of 18.97% compared to the previous year's $6.37 billion. Earnings were $274.90 million, an increase of 51.96%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for PRIM stock is "Buy." The 12-month stock price target is $159.21, which is an increase of 51.92% from the latest price.
News
Primoris Services (PRIM) Shares Crater 50% Amid Expanded Renewables Issues – HBSS
SAN FRANCISCO, May 08, 2026 (GLOBE NEWSWIRE) -- Investors in Primoris Services Corporation (NYSE: PRIM) saw the price of their shares crater $101.69 (-50%) on May 6, 2026 after the Company reported hu...
Primoris price target lowered to $188 from $205 at Needham
Needham lowered the firm’s price target on Primoris (PRIM) to $188 from $205 and keeps a Buy rating on the shares.
Primoris price target lowered to $107 from $139 at Goldman Sachs
Goldman Sachs analyst Adam Bubes lowered the firm’s price target on Primoris (PRIM) to $107 from $139 and keeps a Sell rating on the shares. The Q1 results came in
Jefferies power/energy analysts hold an analyst/industry conference call
Power, Utilities & Clean Energy Analysts hold a Bull/Bear debate regarding Primoris (PRIM) on an Analyst/Industry conference call to be held on May 7 at 3:30 pm. Webcast Link Published
Primoris price target lowered to $150 from $170 at Roth Capital
Roth Capital analyst Philip Shen lowered the firm’s price target on Primoris (PRIM) to $150 from $170 and keeps a Buy rating on the shares. The company reported a big
Primoris price target lowered to $137 from $179 at KeyBanc
KeyBanc analyst Sangita Jain lowered the firm’s price target on Primoris (PRIM) to $137 from $179 and keeps an Overweight rating on the shares. The firm notes stock was down
Primoris Services Corporation Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
SAN DIEGO, May 06, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Primoris Services Corporation (NYSE: PRIM). The investigation focuses on Pr...
Primoris Services Earnings Call Transcript: Q1 2026
Q1 2026 saw lower revenue and margins due to solar project cost overruns and delays, but decisive actions and a strong backlog in utilities, gas, and pipeline support optimism for the year. PayneCrest acquisition expands data center exposure, and guidance reflects recovery in H2 2026.
Primoris Services Corporation Reports First Quarter 2026 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2026 and provided comments on ...
Primoris price target raised to $212 from $176 at UBS
UBS raised the firm’s price target on Primoris (PRIM) to $212 from $176 and keeps a Buy rating on the shares.
Primoris Services Corporation Schedules First Quarter 2026 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2026 financial results on Tuesday, May 5, 2026, after mar...
Primoris price target raised to $195 from $184 at Guggenheim
Guggenheim analyst Joseph Osha raised the firm’s price target on Primoris (PRIM) to $195 from $184 and keeps a Buy rating on the shares following meetings with management. Published first
Primoris price target raised to $175 from $143 at Mizuho
Mizuho analyst Maheep Mandloi raised the firm’s price target on Primoris (PRIM) to $175 from $143 and keeps a Neutral rating on the shares. The company is expanding into interior
Primoris price target raised to $184 from $170 at Guggenheim
Guggenheim raised the firm’s price target on Primoris (PRIM) to $184 from $170 and keeps a Buy rating on the shares. The firm is updating its model following the company’s
Primoris price target raised to $171 from $165 at JPMorgan
JPMorgan analyst Mark Strouse raised the firm’s price target on Primoris (PRIM) to $171 from $165 and keeps a Neutral rating on the shares. The firm adjusted the company’s estimates
Primoris to acquire PayneCrest in $422M all-cash transaction
Primoris (PRIM) Services Corporation entered into a definitive purchase agreement to acquire PayneCrest Electric in an all-cash transaction valued at $422M. The acquisition increases the Company’s exp...
Primoris Services Corporation to Acquire PayneCrest Electric, Inc., Expanding Electrical Capabilities
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today that it has entered into a definitive purchase agreement to acquire PayneCrest Electri...
Primoris Services Transcript: The 38th Annual Roth Conference
2026 revenue is expected to be flat after a major 2025 pull-forward, but bookings remain strong and battery storage is growing rapidly. Manufacturing expansion and a focus on margin-accretive segments like natural gas and T&D support future growth. Safety, quality, and integrated services drive competitive advantage.
Primoris Services Corporation to Participate in Investor Conferences
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) announced today that the Company's management team will participate in two institutional investor conf...
Primoris price target raised to $176 from $165 at UBS
UBS analyst Steven Fisher raised the firm’s price target on Primoris (PRIM) to $176 from $165 and keeps a Buy rating on the shares.
Primoris price target raised to $180 from $150 at DA Davidson
DA Davidson raised the firm’s price target on Primoris (PRIM) to $180 from $150 and keeps a Buy rating on the shares after its Q4 earnings beat. Select challenges on
Primoris price target raised to $165 from $143 at JPMorgan
JPMorgan raised the firm’s price target on Primoris (PRIM) to $165 from $143 and keeps a Neutral rating on the shares. The firm views the company’s Q4 report as strong.
Primoris price target raised to $143 from $128 at Mizuho
Mizuho analyst Maheep Mandloi raised the firm’s price target on Primoris (PRIM) to $143 from $128 and keeps a Neutral rating on the shares. The firm updated the company’s model