Primoris Services Corporation (PRIM)
NYSE: PRIM · Real-Time Price · USD
75.50
+0.01 (0.01%)
At close: May 16, 2025, 4:00 PM
74.91
-0.59 (-0.78%)
After-hours: May 16, 2025, 7:09 PM EDT
Primoris Services Stock Forecast
Stock Price Forecast
According to 8 professional analysts, the 12-month price target for Primoris Services stock ranges from a low of $73 to a high of $110. The average analyst price target of $85.75 forecasts a 13.58% increase in the stock price over the next year.
Price Target: $85.75 (+13.58%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Primoris Services stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $67 → $74 | Buy | Maintains | $67 → $74 | -1.99% | May 7, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $75 → $76 | Buy | Maintains | $75 → $76 | +0.66% | May 7, 2025 |
| Keybanc | Keybanc | Buy Maintains $90 → $67 | Buy | Maintains | $90 → $67 | -11.26% | Apr 16, 2025 |
| Guggenheim | Guggenheim | Strong Buy Reiterates $110 | Strong Buy | Reiterates | $110 | +45.70% | Apr 10, 2025 |
| Piper Sandler | Piper Sandler | Buy Initiates $75 | Buy | Initiates | $75 | -0.66% | Apr 8, 2025 |
Financial Forecast
Revenue This Year
6.90B
from 6.37B
Increased by 8.39%
Revenue Next Year
7.30B
from 6.90B
Increased by 5.77%
EPS This Year
4.40
from 3.31
Increased by 32.95%
EPS Next Year
5.01
from 4.40
Increased by 13.95%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 7.5B | 7.9B | 8.2B | |
| Avg | 6.9B | 7.3B | 7.7B | |
| Low | 6.5B | 6.7B | 7.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 18.3% | 14.6% | 12.1% | |
| Avg | 8.4% | 5.8% | 6.1% | |
| Low | 1.8% | -2.2% | -0.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 4.61 | 5.47 | 6.13 | |
| Avg | 4.40 | 5.01 | 5.62 | |
| Low | 4.17 | 4.56 | 5.08 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 39.3% | 24.3% | 22.3% | |
| Avg | 33.0% | 14.0% | 12.1% | |
| Low | 25.8% | 3.6% | 1.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.