Primoris Services Corporation (PRIM)
NYSE: PRIM · Real-Time Price · USD
57.41
+0.14 (0.24%)
At close: Mar 31, 2025, 4:00 PM
56.30
-1.11 (-1.93%)
After-hours: Mar 31, 2025, 7:58 PM EDT
Primoris Services Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Primoris Services stock have an average target of 89.14, with a low estimate of 73 and a high estimate of 102. The average target predicts an increase of 55.27% from the current stock price of 57.41.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Primoris Services stock from 7 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 4 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $73 | Strong Buy | Initiates | $73 | +27.16% | Mar 11, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $88 → $90 | Buy | Maintains | $88 → $90 | +56.77% | Feb 26, 2025 |
| DA Davidson | DA Davidson | Strong Buy Maintains $85 | Strong Buy | Maintains | $85 | +48.06% | Feb 25, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $77 → $88 | Buy | Maintains | $77 → $88 | +53.28% | Jan 28, 2025 |
| Guggenheim | Guggenheim | Strong Buy Initiates $102 | Strong Buy | Initiates | $102 | +77.67% | Jan 8, 2025 |
Financial Forecast
Revenue This Year
6.78B
from 6.37B
Increased by 6.44%
Revenue Next Year
7.13B
from 6.78B
Increased by 5.15%
EPS This Year
4.08
from 3.31
Increased by 23.40%
EPS Next Year
4.78
from 4.08
Increased by 17.00%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.1B | 7.6B | 7.8B |
| Avg | 6.8B | 7.1B | 7.5B |
| Low | 6.3B | 6.6B | 7.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 11.6% | 11.6% | 8.8% |
| Avg | 6.4% | 5.1% | 5.7% |
| Low | -1.0% | -2.8% | 1.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 4.48 | 5.30 |
| Avg | 4.08 | 4.78 |
| Low | 3.72 | 4.26 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 35.5% | 29.8% |
| Avg | 23.4% | 17.0% |
| Low | 12.5% | 4.4% |
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.