On July 16, 2025, analyst Jackson Ader from Keybanc provided an updated analysis on Primoris Services (PRIM, Financial), maintaining an "Overweight" rating on the stock. PRIM continues to hold steady with its previous rating, reflecting consistent confidence in the company's market potential.
In conjunction with the maintained rating, Keybanc has adjusted its price target for Primoris Services (PRIM, Financial) from $79.00 to a new target of $98.00. This change indicates a 24.05% increase in the projected valuation of the stock. The updated price target is set in United States Dollars (USD), providing investors with an enhanced perspective on the stock's potential growth.
The revised outlook from Keybanc suggests a positive sentiment towards Primoris Services (PRIM, Financial), highlighting the company's potential to achieve higher market value in the near future. Investors and market participants may find this update significant as they evaluate investment opportunities within the sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Primoris Services Corp (PRIM, Financial) is $93.10 with a high estimate of $110.00 and a low estimate of $67.00. The average target implies an upside of 9.23% from the current price of $85.24. More detailed estimate data can be found on the Primoris Services Corp (PRIM) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Primoris Services Corp's (PRIM, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Primoris Services Corp (PRIM, Financial) in one year is $44.74, suggesting a downside of 47.51% from the current price of $85.235. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Primoris Services Corp (PRIM) Summary page.
