Primoris Services Corporation (PRIM)
NYSE: PRIM · Real-Time Price · USD
60.55
+1.11 (1.87%)
Apr 25, 2025, 4:00 PM EDT - Market closed
Primoris Services Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Primoris Services stock have an average target of 84.75, with a low estimate of 67 and a high estimate of 110. The average target predicts an increase of 39.97% from the current stock price of 60.55.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Primoris Services stock from 8 stock analysts 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 4 | 4 |
| Buy | 1 | 2 | 2 | 2 | 2 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 6 | 6 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $90 → $67 | Buy | Maintains | $90 → $67 | +10.65% | Apr 16, 2025 |
| Guggenheim | Guggenheim | Strong Buy Reiterates $110 | Strong Buy | Reiterates | $110 | +81.67% | Apr 10, 2025 |
| Piper Sandler | Piper Sandler | Buy Initiates $75 | Buy | Initiates | $75 | +23.86% | Apr 8, 2025 |
| Jefferies | Jefferies | Strong Buy Initiates $73 | Strong Buy | Initiates | $73 | +20.56% | Mar 11, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $88 → $90 | Buy | Maintains | $88 → $90 | +48.64% | Feb 26, 2025 |
Financial Forecast
Revenue This Year
6.82B
from 6.37B
Increased by 7.05%
Revenue Next Year
7.19B
from 6.82B
Increased by 5.46%
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 | 7.1B | 7.6B | 8.1B | |
| Avg | 6.8B | 7.2B | 7.7B | |
| Low | 6.5B | 6.6B | 7.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.6% | 11.7% | 12.6% | |
| Avg | 7.1% | 5.5% | 7.1% | |
| Low | 1.4% | -3.4% | 0.6% |
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.