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Primoris Services Appoints New CEO Koti Vadlamudi

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Primoris Services Appoints New CEO Koti Vadlamudi

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Primoris Services ( (PRIM) ) just unveiled an update.

Primoris Services Corporation announced the appointment of Koti Vadlamudi as President and CEO, effective November 10, 2025. Vadlamudi, with over 30 years of experience in engineering and construction, succeeds David King, who will continue as Chairman of the Board. The new leadership is expected to drive strategic growth and enhance the company’s market position. Vadlamudi’s compensation package includes a base salary, bonuses, and equity incentives, reflecting the company’s commitment to attracting top executive talent.

The most recent analyst rating on (PRIM) stock is a Buy with a $154.00 price target. To see the full list of analyst forecasts on Primoris Services stock, see the PRIM Stock Forecast page.

Spark’s Take on PRIM Stock

According to Spark, TipRanks’ AI Analyst, PRIM is a Outperform.

Primoris Services’ overall stock score is driven by its strong financial performance and positive earnings call sentiment, indicating robust growth and profitability. However, the stock’s high valuation and overbought technical indicators suggest caution. The company’s stable financial foundation and promising future opportunities in key segments support a positive outlook.

To see Spark’s full report on PRIM stock, click here.

More about Primoris Services

Primoris Services Corporation operates within the engineering and construction industry, providing services across sectors such as energy, power, oil and gas, mission-critical facilities, consumer products, and life sciences.

Average Trading Volume: 900,294

Technical Sentiment Signal: Buy

Current Market Cap: $7.53B

See more data about PRIM stock on TipRanks’ Stock Analysis page.

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