
Primoris Services (PRIM) Stock Forecast & Price Target
Primoris Services (PRIM) Analyst Ratings
Bulls say
Primoris Services is set to experience strong revenue in the coming quarters, and their recent acquisition expands their capabilities in the data center industry. While they have lowered their guidance for FY26, the company is still expected to make significant revenues in the future thanks to their portfolio in the energy and utility sectors. With a Buy rating from Needham and a positive outlook from management, Primoris Services is well-positioned for growth in the long-term.
Bears say
Primoris Services is facing several headwinds in its Energy segment, including delays in renewables projects and labor and material shortages. Management's revenue guidance for the segment has been revised downward and they have emphasized that execution will be a key factor in the company's performance going forward. Additionally, the company's diversification into data center projects and vertical integration in EBOS may provide some margin support, but the success of these initiatives remains uncertain. Further, demand for pipeline construction, which is a key source of revenue for the company, is subject to the volatility of the midstream industry and subcontractor effectiveness. Overall, these factors give a negative outlook for Primoris Services Corp's stock.
This aggregate rating is based on analysts' research of Primoris Services and is not a guaranteed prediction by Public.com or investment advice.
Primoris Services (PRIM) Analyst Forecast & Price Prediction
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