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Primoris Services Corp. (MX:PRIM)
:PRIM

Primoris Services (PRIM) Price & Analysis

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PRIM Stock Chart & Stats

Currently, no data available
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Bulls Say, Bears Say

Bulls Say
Record BacklogRecord bookings and backlog provide substantial contracted work visibility across energy and utilities. The increase in fixed and master service agreement backlog can support revenue recovery, improve resource planning, and create a durable base for growth over the next several quarters.
Infrastructure DemandPrimoris is exposed to several infrastructure programs benefiting from grid investment, power demand, gas generation, and pipeline activity. Strength across these end markets diversifies growth sources and reduces reliance on any single project category or customer spending cycle.
Balance Sheet FlexibilityMeaningful deleveraging and substantial liquidity strengthen Primoris's ability to fund operations, absorb project volatility, and pursue organic investment or tuck-in acquisitions. Greater financial flexibility is particularly valuable in a cyclical, project-based contracting business.
Bears Say
Renewables ExecutionCost overruns on renewable projects have materially damaged profitability and demonstrate execution risk in fixed-scope work. Although management is strengthening controls, the remaining projects and gradual margin recovery could continue weighing on earnings through the next several quarters.
Cash Flow PressureThe sharp reduction in expected free cash flow weakens internal funding capacity and reduces the buffer available for debt reduction, acquisitions, or shareholder returns. Continued project-related cash pressure could constrain capital allocation even if reported revenue recovers.
Margin CompressionThe steep decline in revenue and gross margin indicates that current project economics are materially weaker than the prior year. Management expects only gradual energy-margin normalization, so subdued profitability may persist while challenged work is completed and new projects ramp.

Primoris Services News

PRIM FAQ

What was Primoris Services Corp.’s price range in the past 12 months?
Currently, no data Available
What is Primoris Services Corp.’s market cap?
Primoris Services Corp.’s market cap is $65.47B.
    When is Primoris Services Corp.’s upcoming earnings report date?
    Primoris Services Corp.’s upcoming earnings report date is Nov 03, 2026 which is in 7 days.
      How were Primoris Services Corp.’s earnings last quarter?
      Primoris Services Corp. released its earnings results on Aug 04, 2026. The company reported -$5.05 earnings per share for the quarter, beating the consensus estimate of -$6.621 by $1.571.
        Is Primoris Services Corp. overvalued?
        According to Wall Street analysts Primoris Services Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Primoris Services Corp. pay dividends?
          Primoris Services Corp. does not currently pay dividends.
          What is Primoris Services Corp.’s EPS estimate?
          Primoris Services Corp.’s EPS estimate is 14.48.
            How many shares outstanding does Primoris Services Corp. have?
            Primoris Services Corp. has 53,832,330 shares outstanding.
              What happened to Primoris Services Corp.’s price movement after its last earnings report?
              Primoris Services Corp. reported an EPS of -$5.05 in its last earnings report, beating expectations of -$6.621. Following the earnings report the stock price went same N/A.
                Which hedge fund is a major shareholder of Primoris Services Corp.?
                Currently, no hedge funds are holding shares in MX:PRIM
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Primoris Services Corp.

                  Primoris Services Corporation functions as a prominent specialized contracting firm, offering a wide array of services that include construction, fabrication, upkeep, modernization, and advanced engineering expertise throughout the United States and Canada. The company's operations are divided into three primary divisions: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment focuses on installing and maintaining both new and existing natural gas distribution networks, electrical transmission and distribution systems, and communications infrastructure. Within the Energy/Renewables segment, Primoris delivers comprehensive services such as engineering, procurement, and construction (EPC), alongside major civil projects like highway and bridge construction, demolition, site preparation, mass excavation, and flood control. This segment also provides retrofits, upgrades, repairs, and routine maintenance for industries ranging from renewable energy and energy storage to renewable fuels, petroleum refining, petrochemicals, and state departments of transportation. Finally, the Pipeline Services segment concentrates on the construction, maintenance, and integrity management of pipelines, in addition to installing compressor and pump stations and metering facilities for clients in the petroleum and petrochemical sectors, as well as gas, water, and sewer utility providers. Founded in 1960, Primoris Services Corporation is headquartered in Dallas, Texas.

                  Primoris Services (PRIM) Earnings & Revenues

                  PRIM Company Deck

                  PRIM Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The call had a mixed but forward-looking tone. Current-quarter results were materially pressured by renewable project cost overruns, lower revenue, sharply reduced gross margins, weaker operating cash flow, and higher leverage. However, management emphasized record bookings and backlog, strong demand in utilities, natural gas generation, pipeline, and electrical services, better-than-expected PayneCrest performance, substantial liquidity, and expected sequential improvement through the second half of 2026. The positive outlook and backlog momentum were balanced by the severity of the renewables reset and the gradual pace of margin recovery.View all MX:PRIM earnings summaries

                  PRIM Stock 12 Month Forecast

                  Average Price Target

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