Primoris Services Corporation (PRIM)
| Market Cap | 5.38B +34.1% |
| Revenue (ttm) | 7.49B +13.4% |
| Net Income | 248.10M +20.3% |
| EPS | 4.53 +20.2% |
| Shares Out | 54.25M |
| PE Ratio | 21.88 |
| Forward PE | 41.20 |
| Dividend | $0.32 (0.32%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 1,308,973 |
| Open | 97.11 |
| Previous Close | 97.16 |
| Day's Range | 94.79 - 99.29 |
| 52-Week Range | 65.00 - 205.50 |
| Beta | 1.42 |
| Analysts | Buy |
| Price Target | 129.54 (+30.69%) |
| Earnings Date | Aug 3, 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 $129.54, which is an increase of 30.69% from the latest price.
News
Fermi selects Primoris Services to engineer balance of gas plant in Texas
Fermi (FRMI) announced a major agreement with Primoris (PRIM) Energy Services, part of Primoris (PRMI), to engineer and construct the balance of plant for the first six SGT-800 gas turbines…
Fermi Selects Primoris Services Corporation to Engineer and Construct Balance of Plant for First Six SGT-800 Gas Turbines of Phase One Power Buildout
Landmark agreement supercharges the simple cycle phase of the Siemens 6x1 facility powering the Project Matador campus in Amarillo, Texas, and marks another decisive step in Fermi's 2.0 execution stra...
Primoris upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Mark Strouse upgraded Primoris (PRIM) to Overweight from Neutral with a price target of $116, up from $105. The shares are now trading at a significant discount to…
Primoris Services (PRIM) Shares Crater 40% Intraday Amid Additional Renewables Revenue Shock, COO Departure - HBSS
SAN FRANCISCO, June 25, 2026 /PRNewswire/ -- Primoris Services Corporation (NYSE: PRIM) shares cratered again during intraday trading on June 23, 2026 (-$43.34, -40%), on the company's disclosure of ...
Primoris price target lowered to $100 from $124 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Primoris (PRIM) to $100 from $124 and keeps a Neutral rating on the shares. Primoris Services shares rose about 9% after its…
Primoris upgraded to Neutral from Sell at Goldman Sachs
Goldman Sachs upgraded Primoris (PRIM) to Neutral from Sell with a price target of $102, down from $107. The stock has fallen 25% since the firm initiated shares at sell…
Primoris Services (PRIM) Shares Crater 40% Intraday Amid Additional Renewables Revenue Shock, COO Departure – HBSS
SAN FRANCISCO, June 24, 2026 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NYSE: PRIM) shares cratered again during intraday trading on June 23, 2026 (-$43.34, -40%), on the company's disclosure ...
Primoris Services Transcript: J.P. Morgan Natural Resources Conference 2026
Six distressed renewables projects remain ring-fenced, with most set to complete by year-end 2024, driving a near-term margin impact. Renewables and gas generation pipelines remain strong, with disciplined risk management and selective bidding. A $150 million stock buyback is underway.
Primoris Services Slides: Investor presentation
Primoris Services has posted slides in relation to its latest quarterly earnings report, which was published on June 24, 2026.
Primoris price target lowered to $117 from $135 at Mizuho
Mizuho analyst Maheep Mandloi lowered the firm’s price target on Primoris (PRIM) to $117 from $135 and keeps an Outperform rating on the shares. The problems impacting the company’s renewable…
Primoris Services Corporation Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
SAN DIEGO, June 23, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Primoris Services Corporation (NYSE: PRIM). The investigation focuses on P...
Primoris price target lowered to $85 from $118 at Wells Fargo
Wells Fargo analyst Jerry Revich lowered the firm’s price target on Primoris (PRIM) to $85 from $118 and keeps an Equal Weight rating on the shares. The firm entered Q2…
Primoris downgraded to Sector Weight from Overweight at KeyBanc
KeyBanc downgraded Primoris (PRIM) to Sector Weight from Overweight without a price target The company is “tough to defend” after another guidance cut, its fourth negative update in a row,…
Primoris cuts FY26 EPS view to $2.05-$2.60 from $4.80-$5.00, consensus $4.00
Primoris (PRIM) Services announced a series of business updates. Additional challenges and cost overruns were identified as a result of continued progress on projects in the Company’s Renewables busin...
Primoris COO Jeremy Kinch to leave company
Primoris (PRIM) announced the departure of Jeremy Kinch from the COO role. “The Company thanks Jeremy for his contributions and wishes him well on his future endeavors. The management team…
Primoris awarded several projects in Q2 with combined value of about $2B
Primoris (PRIM) said it has been awarded several projects during the second quarter of 2026 with a combined value of approximately $2.0 billion, which were secured by the Company’s Energy…
Primoris Services Corporation Provides Business Update
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced a series of business updates including the departure of its Chief Operating Officer (“...
Primoris Services (PRIM) Shares Crater 50% Amid Expanded Renewables Issues - HBSS
SAN FRANCISCO, June 19, 2026 /PRNewswire/ -- 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 huge ...
Primoris names Tim Healy as Interim President of Renewables
The company states: “Primoris (PRIM) Services announced that Tim Healy, President, ARB Industrial, Inc., a Primoris company, has been named Interim President, Renewables. Tim will succeed Anthony Vord...
Primoris Services Corporation Announces Leadership Changes
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that Tim Healy, President, ARB Industrial, Inc., a Primoris company, has been named In...
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 four institutional investor con...
Primoris Services (PRIM) Shares Crater 50% Amid Expanded Renewables Issues – HBSS
SAN FRANCISCO, May 14, 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...