Wall Street analyst estimates for Primoris Services Corporation (PRIM): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
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.
Consensus price target
$123.60 (+68 % vs price $73.76)
between $90.00 and $172.00 · 5 targets published in the last quarter
Closing price, Oct 28
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $7.3B | $6.8B – $7.5B | $2.14 | 10 |
| 2027E | $8.1B | $7.6B – $8.5B | $5.22 | 10 |
| 2028E | $8.9B | $8.1B – $9.7B | $6.23 | 5 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 17 |
| Hold | 8 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 25 |
| Avg rating (−2 sell to +2 buy) | 0.68 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-03 | $0.77 | ||
| 2026-08-04 | $-0.27 | $-0.35 | +23.8% |
| 2026-05-05 | $0.59 | $0.85 | -30.6% |
| 2026-02-23 | $1.08 | $0.95 | +13.7% |
| 2025-11-03 | $1.88 | $1.32 | +42.4% |
| 2025-08-04 | $1.68 | $1.06 | +58.5% |
| 2025-05-05 | $0.98 | $0.72 | +36.1% |
| 2025-02-24 | $1.13 | $0.76 | +48.7% |
Valuation Ratios
| P/E Ratio | 29.04 |
| Price / Book | 2.64 |
| EV / EBITDA | 15.15 |
| Dividend Yield | 0.41% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $2.38B | $2.94B | $3.11B | $3.49B | $3.50B | $4.42B | $5.72B | $6.37B | $7.57B |
| Cost of Revenue | $1.80B | $2.10B | $2.61B | $2.78B | $3.12B | $3.08B | $3.96B | $5.13B | $5.66B | $6.76B |
| Gross Profit | $201.3M | $278.4M | $325.7M | $330.9M | $370.2M | $416.7M | $456.9M | $587.5M | $703.2M | $813.1M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $140.8M | $172.1M | $182.0M | $189.1M | $202.8M | $230.1M | $281.6M | $328.7M | $383.4M | $399.2M |
| Operating Expenses | $140.8M | $172.1M | $182.0M | $190.1M | $206.3M | $246.5M | $261.5M | $334.4M | $385.8M | $399.2M |
| Operating Income | $57.7M | $106.3M | $130.5M | $140.9M | $163.9M | $170.2M | $195.3M | $253.1M | $317.5M | $413.9M |
| EBITDA | $125.8M | $179.7M | $208.2M | $222.5M | $248.1M | $275.9M | $297.7M | $362.9M | $415.8M | $504.6M |
| Interest Expense | $8.9M | $8.1M | $18.7M | $19.1M | $14.1M | $18.5M | $39.2M | $78.2M | $65.3M | $28.7M |
| Pre-tax Income | $48.9M | $105.3M | $113.4M | $117.9M | $145.6M | $151.9M | $159.3M | $177.7M | $254.9M | $384.0M |
| Income Tax | $21.1M | $28.4M | $25.8M | $33.8M | $40.7M | $36.1M | $26.3M | $51.5M | $74.0M | $109.1M |
| Net Income | $26.7M | $72.4M | $77.5M | $82.3M | $105.0M | $115.7M | $133.0M | $126.1M | $180.9M | $274.9M |
| EPS | $0.52 | $1.41 | $1.51 | $1.62 | $2.17 | $2.19 | $2.50 | $2.37 | $3.37 | $5.09 |
| EPS (Diluted) | $0.51 | $1.40 | $1.50 | $1.61 | $2.16 | $2.17 | $2.47 | $2.33 | $3.31 | $5.02 |
| Shares Outstanding (Diluted) | 52.0 M | 51.7 M | 51.7 M | 51.1 M | 48.6 M | 53.2 M | 53.8 M | 54.2 M | 54.6 M | 54.8 M |
Price
| Price | $73.76 (closing price, October 28, 2026) |
| Market Cap | $4.0B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Industrials · Engineering & Construction
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