Primoris Services opened lower at $70.98, compared with its previous close of $72.22. In the last trading session, the stock traded between $70.38 and $73.34. It showed a downward intraday trend.
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An investment of $100 made 5 years ago in Primoris Services is now worth
$ 284.01
Giving a profit of
$ 184.01 (184.01%)
Invest with $1
Note: Past profits do not guarantee future returns.
Q3 revenue fell 10.4% YoY, missing Wall Street consensus estimates. Net income and operating income declined from the prior-year quarter. Approximately $450 million of revenue deferred beyond 2026 due to project delays. Levi & Korsinsky investigating potential securities law violations.
Today
11Nov
Primoris Services to attend four investor conferences in late 2026
Primoris Services Corporation management will attend four institutional investor conferences. Events span from November 11 to December 9, 2026, covering energy and industrial sectors. Presentations and webcast links will be available on the Investor Relations website prior to each event.
2 days ago
6Nov
Wells Fargo lowers Primoris Services price target to $64
Wells Fargo maintains Equal-Weight rating on Primoris Services. Price target lowered from $85 to $64 by analyst Jerry Revich.
6 days ago
6Nov
Oppenheimer maintains Outperform on Primoris, cuts target to $115
Oppenheimer lowers Primoris Services price target from $135 to $115. Analyst Brent Thielman maintains an Outperform rating on the stock. The price target reduction represents a $20 decrease from the previous level.
Needham maintains a Buy rating on Primoris Services. Price target lowered from $172 to $110. Analyst Sean Milligan issued the updated rating.
7 days ago
4Nov
Primoris Services Q3FY26 Results: Revenue down 10%, record backlog of $14.1 billion
Revenue fell 10.4% YoY to ~$2 billion due to renewables delays. Total backlog reached a record $14.1 billion, up $200 million sequentially. FY26 GAAP EPS guidance revised down to $1.20-$1.35 from $1.30-$1.85. Pancrest acquisition backlog grew to nearly $600 million from $260 million. Renewables revenue outlook cut to $1.7 billion from $2.0 billion.
