Primoris Services (NASDAQ:PRIM) Issues FY 2026 Earnings Guidance

23 Feb 2026, 23:54 by Tristan Rich · The Markets Daily

Primoris Services (NASDAQ:PRIM – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.800-6.000 for the period. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages recently commented on PRIM. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $143.00 price objective (down previously from $145.00) on shares of Primoris Services in a research note on Monday, December 8th. DA Davidson increased their price target on shares of Primoris Services from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Jefferies Financial Group reissued a “buy” rating and set a $161.00 target price on shares of Primoris Services in a research note on Wednesday, November 5th. The Goldman Sachs Group raised their target price on shares of Primoris Services from $117.00 to $133.00 and gave the stock a “sell” rating in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company began coverage on shares of Primoris Services in a report on Friday, November 14th. They set an “equal weight” rating and a $138.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $144.93.

Get Our Latest Report on Primoris Services

Primoris Services Stock Performance

NASDAQ PRIM traded down $3.35 on Monday, hitting $166.01. The stock had a trading volume of 677,077 shares, compared to its average volume of 713,382. The company’s 50-day moving average is $143.26 and its two-hundred day moving average is $132.31. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of 54.97 and a beta of 1.37. Primoris Services has a one year low of $49.10 and a one year high of $174.43. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.61.

Insider Buying and Selling at Primoris Services

In related news, Director Carla S. Mashinski sold 2,082 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $135.14, for a total value of $281,361.48. Following the transaction, the director owned 21,530 shares in the company, valued at approximately $2,909,564.20. This represents a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John P. Schauerman sold 7,815 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $136.00, for a total transaction of $1,062,840.00. Following the transaction, the director directly owned 74,466 shares in the company, valued at $10,127,376. This trade represents a 9.50% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is currently owned by company insiders.

Institutional Trading of Primoris Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Osterweis Capital Management Inc. bought a new stake in shares of Primoris Services in the 2nd quarter valued at about $34,000. NewEdge Advisors LLC lifted its holdings in Primoris Services by 34.5% during the first quarter. NewEdge Advisors LLC now owns 757 shares of the construction company’s stock worth $43,000 after acquiring an additional 194 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of Primoris Services by 31.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 634 shares of the construction company’s stock worth $87,000 after purchasing an additional 150 shares during the last quarter. Globeflex Capital L P bought a new position in Primoris Services during the second quarter worth about $102,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Primoris Services by 3,441.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,381 shares of the construction company’s stock valued at $108,000 after purchasing an additional 1,342 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

About Primoris Services

(Get Free Report)

Primoris Services Corporation is a diversified infrastructure construction company that provides a wide range of specialty contracting services across North America. The company’s operations span pipe fabrication, pipeline construction, mechanical and electrical installations, civil and structural work, and maintenance services. Primoris serves clients in the energy, utility, transportation, water and wastewater, and industrial markets, delivering turnkey solutions from design and engineering through construction and operations support.