On July 17, 2025, Guggenheim analyst Joseph Osha reiterated a "Buy" rating for Primoris Services (PRIM, Financial). The analyst decision to maintain the existing rating was coupled with a consistent price target of $110.00 USD.
The maintained price target signifies no change from the prior target, reflecting confidence in the company's projected performance. Joseph Osha's analysis continues to support a favorable outlook for PRIM, aligning with previous evaluations.
Primoris Services (PRIM, Financial) remains classified under the "Buy" category, suggesting continued potential for growth and opportunity for investors. Keep an eye on PRIM for possible market developments in alignment with analyst projections.
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 7.64% from the current price of $86.49. 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 48.27% from the current price of $86.49. 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.