Primoris Services Corporation (PRIM) Stock Price & Analysis

Primoris Services Corporation (PRIM) closed at USD 66.94 on Thursday, October 22, 2026, down 7.88% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 72.67; the Oct 22, 2026 session ranged USD 66.45–71.46 on volume of 2,285,846 shares. Market capitalization is $3.63B, with a 52-week range of USD 65–205.5 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:58 UTC.

Also available as compact Markdown for AI agents: nexqual.com/PRIM.md

Key facts (PRIM)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PRIM)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$3.50B$4.42B$5.72B$6.37B$7.57B$7.28B
Gross profit$417M$457M$588M$703M$813M—
Operating income$170M$195M$253M$317M$412M$212M
Net income$116M$133M$126M$181M$275M$140M
EPS (diluted)$2.17$2.47$2.33$3.31$5.02—
Free cash flow-$54.1M-$11.3M$95.5M$382M$341M$88.0M
Gross margin11.9%10.3%10.3%11.0%10.7%—
Operating margin4.9%4.4%4.4%5.0%5.4%2.9%
Net margin3.3%3.0%2.2%2.8%3.6%1.9%
Revenue growth+0.2%+26.4%+29.3%+11.4%+19.0%—
Cash + short-term investments$201M$249M$218M$456M$536M—
Total debt$661M$1.14B$958M$735M$470M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (PRIM)

P/E 26.0x · P/S 0.5x · EV/EBITDA 13.4x · EV/Sales 0.6x · P/FCF 41.3x · P/B 2.3x · FCF yield 2.42% · Earnings yield 3.84% · Dividend yield (paid, TTM) 0.48% · Net debt $579M · EV $4.21B

P/E at fiscal year-ends: Dec 2025 24.7x, Dec 2024 23.1x, Dec 2023 14.3x.

Insider sales (SEC Form 4, open-market, last ~7 months) (PRIM)

0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-05-28Perisich John M.CHIEF LEGAL AND ADMIN OFFICER29,707$3.8M18.2%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-05-26King David LeeDirector20,000$2.4M57.2%NoRoutine (sold in Nov each year 2023–2025; this trade is outside those months)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (PRIM)

Consensus Buy (mean 2.13 on a 1–5 scale), 16 analysts; mean target USD 115.13 (low 85, high 165).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-09-29Cantor FitzgeraldReiteratedNeutral$105
2026-09-09Piper SandlerInitiatedNeutral$90
2026-08-10UBSTarget loweredBuy$186 → $138
2026-08-10Cantor FitzgeraldTarget raisedNeutral$100 → $105
2026-08-06GuggenheimTarget loweredBuy$162 → $127
2026-08-05Cantor FitzgeraldReiteratedNeutral$100
2026-07-20Roth CapitalReiteratedBuy$100
2026-07-13NeedhamTarget loweredBuy$188 → $172
2026-07-07OppenheimerInitiatedOutperform$135
2026-06-29JP MorganUpgradeNeutral → Overweight$105 → $116
2026-06-25Goldman SachsUpgradeSell → Neutral$107 → $102
2026-06-25Cantor FitzgeraldTarget loweredNeutral$124 → $100

Total return (dividends reinvested) (PRIM)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-50.7%+153.8%
S&P 500 (SPY)+14.9%+80.3%
Per year-50.8%+20.4%
Volatility (annualized)94.2%48.2%
Max drawdown-67.0% (May 2026→Oct 2026)-62.8% (Apr 2026→Oct 2026)

PRIM revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Energy$999.9M59.2%-19.2%
U & D$712.6M42.2%+2.8%
Total revenue$1.69B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

PRIM customer concentration

In the period ended Dec 31, 2025, a single direct customer accounted for 12.1% of revenue, per the company's 10-K filed Feb 24, 2026. The company does not name it.

PRIM company outlook (results filed Aug 4, 2026)

Quoted word-for-word from the SEC 8-K results press release.

PRIM analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.78$0.75+3.9%$2.00B13
Next quarter (ends Dec 2026)$1.02$1.18-13.6%$2.01B12
Current fiscal year (ends Dec 2026)$2.14$2.19-2.4%$7.25B15
Next fiscal year (ends Dec 2027)$5.19$5.40-3.8%$8.08B14

PRIM options: expected move

Options price a move of about ±18.2% (±$12.15) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±14.2% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262880.1%±18.2%
Dec 18, 20265668.2%±21.7%
Mar 19, 202714764.7%±32.9%
Jun 17, 202723764.6%±41.4%

30-day implied volatility 76.8% vs 48.5% realized over the last 30 trading days. Put/call ratio (volume) 0.98. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:58 UTC)

PriceUSD 66.94
Change▼ 7.88% (down)
Previous CloseUSD 72.67
OpenUSD 71.34
Day RangeUSD 66.45 – 71.46
52-Week RangeUSD 65 – 205.5
Volume2,285,846 shares
Market Cap$3.63B
ExchangeNYQ

Technical Analysis (PRIM)

Nexqual's technical model rates PRIM "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:58 UTC.

Overall SignalSELL
RSI (14)32.56 (neutral)
vs SMA50Below (USD 76.51)
MACD-1.5 (negative)

Analyst Ratings (PRIM)

Wall Street analysts rate PRIM "Buy" based on 16 analysts, with a mean price target of USD 115.13 (range USD 85–165), per Nexqual as of October 23, 2026 at 09:58 UTC.

Consensus RatingBuy
Analyst Count16
Mean TargetUSD 115.13
High TargetUSD 165
Low TargetUSD 85
Buy / Hold / Sell11 / 5 / 0

Earnings (PRIM)

Next Earnings Date2026-11-03
EPS EstimateUSD 0.78
Revenue Estimate$2.00B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.27 vs est -0.36 ▲ beat
2026-03-31USD 0.59 vs est 0.84 ▼ miss
2025-12-31USD 1.08 vs est 0.99 ▲ beat
2025-09-30USD 1.88 vs est 1.35 ▲ beat

Source: Nexqual, October 23, 2026 at 09:58 UTC.

Financials & Fundamentals (PRIM)

Total Revenue$7.28B
Revenue Growth (latest quarter, YoY)-10.70%
Gross Margin+8.62%
Operating Margin-1.56%
Profit Margin+1.92%
ROE+8.89%
Debt / Equity0.8
Current Ratio1.18
Total Cash$218.20M
Total Debt$1.28B
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$88.00M (1.2% of revenue)

Source: Nexqual, October 23, 2026 at 09:58 UTC.

Financial Health Score (PRIM)

Nexqual rates Primoris Services Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:58 UTC.

GrowthStrong — Revenue +19% YoY (annual)
ProfitabilityCritical — Gross margin 9%, operating -2% (last 12 months)
Balance SheetMixed — $218M cash and investments vs $797M debt (Jun 2026, SEC)
Cash FlowMixed — FCF $88M (last 4 quarters to Jun 2026, SEC), slim 1.2% margin
EfficiencyMixed — ROE 9%, ROA 3.0%

Ownership (PRIM)

Insider Ownership+1.16%
Institutional Ownership+103.91%
Shares Outstanding54.25M
Float53.20M
Short % of Float+12.83%

Source: Nexqual, October 23, 2026 at 09:58 UTC.

Leadership (PRIM)

Primoris Services Corporation is led by Koti Vadlamudi, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:58 UTC.

CEO, President & DirectorKoti Vadlamudi
Executive VP & CFOKenneth M. Dodgen
President of EnergyHeath Moncrief

Major Backers & Investors (PRIM)

Notable institutional backers of Primoris Services Corporation include Wellington Management, First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc, First Trust Advisors LP, according to Nexqual as of October 23, 2026 at 09:58 UTC.

Active Investors

InvestorStake
Wellington Management8.69%
First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc6.86%
First Trust Advisors LP4.15%
Millennium Management2.77%
Southpoint Capital Advisors Lp2.6%
Morgan Stanley2.39%

Index Funds (Passive)

FundStake
BlackRock12.7%
Vanguard Group10.18%
State Street3.37%
Dimensional Fund Advisors2.2%

Source: Nexqual, October 23, 2026 at 09:58 UTC.

From Primoris Services Corporation's Latest SEC 10-K Filing (filed 2026-02-24)

Key Strengths & Strategy (as disclosed to the SEC)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:58 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt