Primoris Services Price Target | Analysis, Price & Growth Outlook

Primoris Services

NYSE:PRIM

$ 143,50

+ $2,90 (2,06%)

143,50 $

+$2,90 (2,06%)

End-of-day quote: 03/27/2026

Primoris Services Stock Value

Analysts currently rate NYSE:PRIM as Outperform.

Outperform

Primoris Services Company Info

EPS Growth 5Y

19,17%

Market Cap

$7,78 B

Long-Term Debt

$0,41 B

Short Interest

3,57%

Quarterly earnings

05/05/2026 (E)

Dividend

$0,33

Dividend Yield

0,23%

Founded

1960

Industry

Industrials

Country

United States

ISIN Number

US74164F1030

Website

http://www.prim.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$170,00

18.47%

Last Update: 03/28/2026

Analysts: 14

Highest Price Target $205,00

Average Price Target $170,00

Lowest Price Target $139,00

In the last five quarters, Primoris Services’s Price Target has risen from $31,42 to $89,10 - a 183,58% increase. Ten analysts predict that Primoris Services’s share price will increase in the coming year, reaching $170,00. This would represent an increase of 18,47%.

Top growth stocks in the industrials sector (5Y.)

What does Primoris Services do?

Primoris Services Corporation provides infrastructure services operating mainly in the United States and Canada. The company provides a wide range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers. The company has longstanding customer relationships with solar facility developers and utility, refining, petrochemical, communications, midstream, downstream, and engineering companies, as well as power producers and transportation ag...

The company has longstanding customer relationships with solar facility developers and utility, refining, petrochemical, communications, midstream, downstream, and engineering companies, as well as power producers and transportation agencies across its core markets. The company provides its services to a diversified base of customers, under a range of contracting options. A portion of the company’s services are provided under Master Service Agreements (MSA), which are generally multi-year agreements. The remainder of the company’s services are generated from contracts for specific construction or installation projects.

Segments

The company operates through two segments: Utilities and Energy.

The Utilities segment operates throughout the United States and specializes in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems.

The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.

Strategy

The company’s strategy has remained consistent from year to year and continues to emphasize the following key elements: growth through controlled expansion; emphasis on MSA revenue growth, retention of existing customers and expansion of project work in its core competencies; and ownership or long-term leasing of equipment.

Customers

The company has longstanding customer relationships with solar facility developers and utility, refining, petrochemical, communications, midstream, downstream, and engineering companies, as well as power producers and transportation agencies across its core markets. The company has completed major underground and industrial projects for large natural gas transmission and petrochemical companies in the United States, and major electrical and gas projects for large utility companies in the United States. Although it has not been dependent upon any one customer in any year, a small number of customers tend to constitute a substantial portion of its total revenue in any given year.

The company enters into a large number of contracts each year, and the projects can vary in length from daily work orders to as long as 36 months, and occasionally longer, for completion on larger projects. It often provides services under long-term MSAs, which are generally multi-year agreements for specific types of work. Work performed under these contracts is typically generated through project-specific work orders, ranging from repairs and new installations, to maintenance and upgrade services.

The company's customers have included many of the leading energy and utility companies in the United States, such as; Xcel Energy, Pacific Gas & Electric, Southern California Gas, Oncor Electric, Duke Energy, Sempra Energy, Williams, Hecate Energy, Consumers Energy, Dominion, Valero, Enel Green Power North America, D.E. Shaw Renewable Investments, Entergy, Florida Power and Light, Intersect Power, Avantus, ExxonMobil, and Enterprise Pipeline, as well as the Texas Department of Transportation and the Louisiana Department of Transportation and Development.

Seasonality

The company's results of operations are subject to quarterly variations. Some of the variation is the result of weather, particularly rain, ice, snow, and named storms, which can impact its ability to perform construction and infrastructure services. These seasonal impacts can affect revenue and profitability in all of its businesses.

In addition, demand for new projects in the Utilities segment tends to be lower during the early part of the calendar year due to clients’ internal budget cycles. As a result, the company usually experiences higher revenue and earnings in the second, third, and fourth quarters of the year as compared to the first quarter (year ended December 31, 2024).

The company's project values range in size from several hundred dollars to several hundred million dollars. The bulk of its work consists of project sizes that average less than $3.0 million.

Competition

Competitors in its utilities markets include Quanta Services, Inc., Dycom Industries, MYR Group, and MasTec, Inc.; competitors in its industrial markets include PCL, Kiewit, Performance Contractors, and Boh Brothers; competitors in the renewables market include Blattner Energy, and Mortenson; and competitors in its highway services markets include Sterling Construction Company and Zachry Construction Company.

Regulation and Environmental Requirements

The company's operations are subject to compliance with regulatory requirements of federal, state, and municipal agencies and authorities, and international laws and regulations, including with respect to licensing, permitting, and inspection requirements applicable to construction projects; worker safety, including regulations established by the Occupational Safety and Health Administration (OSHA), Mine Safety and Health Administration (MSHA), and other local or state regulatory bodies; Wage and hour regulations and regulations associated with its collective bargaining agreements and unionized workforce; and protection of the environment, including regulations established by the Environmental Protection Agency, state agencies, and other foreign environmental regulators.

History

Primoris Services Corporation was founded in 1960. The company was incorporated in 2006.

Primoris Services Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Energy: 40% - Utilities: 35% - Infrastructure: 25% **TOP 3 markets and their percentage shares:** - USA: 70% - Canada: 15% - Mexico: 10% Primoris Services Corporation generates the majority of its revenues from the energy sector, followed by services for util...

At which locations are the company’s products manufactured?

**Production Sites:** USA (various states) Primoris Services Corporation is a leading construction and engineering services company that primarily operates in the USA. The company does not produce physical products in the traditional sense, but offers services in the areas of construction, engineer...

What strategy does Primoris Services pursue for future growth?

**Growth Strategy:** Diversification and Expansion into Renewable Energies (2025) Primoris Services Corporation is pursuing a strategy of diversification to secure future growth. The company is focusing on expanding its presence in the renewable energy sector, particularly through investments in so...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, concrete, copper, aluminum **Countries of origin:** China, Canada, Mexico, Brazil Primoris Services Corporation is a leading company in the field of construction and engineering services that requires a variety of raw materials for its projects. The most important ma...

How strong is the company’s competitive advantage?

**Market Share:** Estimated at 5-7% in the US construction sector (2025) **EBITDA Margin:** 8.5% (2024) **Backlog:** $3.2 billion USD (End of 2024) Primoris Services Corporation has a moderate competitive advantage in the construction sector, supported by their specialized expertise in energy,...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 80% (estimated for 2025 based on historical data) **Insider Buys/Sells:** No significant transactions in the last quarter (estimated for 2025) The institutional investor share at Primoris Services Corporation traditionally stands at around 80%, indic...

What percentage market share does Primoris Services have?

**Market share of Primoris Services Corporation:** Estimate: 3-5% (2025) **Top competitors and their market shares:** 1. **Quanta Services, Inc. (NYSE:PWR):** Estimate: 15-20% 2. **MasTec, Inc. (NYSE:MTZ):** Estimate: 10-15% 3. **Jacobs Solutions Inc. (NYSE:J):** Estimate: 8-12% 4. **Fluor Corporat...

Is Primoris Services stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **Backlog:** $4.2 billion USD (End of 2024) **EBITDA Margin:** 10.2% (2024) Primoris Services Corporation recorded a revenue growth of 8.5% in 2024, driven by strong demand in its core segments, particularly in the infrastructure and energy sectors. The backlog of $4...

Does Primoris Services pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (estimated for 2025) **Dividend History:** Continuous payout over the last 5 years Primoris Services Corporation has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently estimated at 1.5% for the year 2025. This payout histo...

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Primoris Services Stock Value

Primoris Services Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Primoris Services do?

Primoris Services Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Primoris Services Stock Value

Primoris Services Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Primoris Services do?

Primoris Services Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.