Primoris Services Corp
Primoris is an infrastructure services provider operating mainly in the United States and Canada. It serves customers including utilities, power producers, solar facility developers, energy and industrial companies, communications businesses, and transportation agencies. Primoris operates through two segments: Utilities and Energy. The Utilities segment builds and maintains natural gas and electric distribution and transmission systems, as well as communications systems, throughout the United States. The Energy segment provides engineering, procurement, construction, and maintenance services to energy, renewable energy and energy storage, renewable fuels, petroleum and petrochemical industries, and state transportation departments in the United States and Canada. Primoris earns money from services performed under multi-year master service agreements and contracts for specific construction and installation projects, priced on unit-price, time-and-material, fixed-price, or cost-reimbursable-plus-fixed-fee terms. Primoris is headquartered in Dallas, Texas.
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Primoris Services Corp (PRIM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Primoris Services Corporation Reports Third Quarter 2026 Results Dallas, TX – November 3, 2026 – Primoris Services Corporation ( NYSE : PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2026 and
Primoris Services Corp. (PRIM) reported Q3 net income of $51.3M, or 95 cents per share, beating analyst estimates of 75 cents. Revenue was $1.95B, missing forecasts of $2.04B. The company expects full-year earnings of $2.10-$2.25 per share, according to Zacks Investment Research.
Primoris (PRIM) will report Q3 earnings Tuesday. Last quarter, it missed revenue estimates at $1.69B, down 10.7% YoY, but beat EBITDA estimates and raised full-year guidance. Analysts expect a 6.9% revenue decline YoY this quarter. Peers MYR Group and APi reported strong Q3 results, with revenue growth of 32.5% and 22.5%, respectively. Primoris shares are down 9.5% over the past month, with an average price target of $115.13.
Over the past 7 days, AlphAI's AI scored 10 news stories mentioning PRIM (Primoris Services Corp). Coverage has skewed bullish: 5 bullish, 2 neutral, and 3 bearish.
Recent PRIM coverage spans earnings, financial news and insider activity.
In the last 30 days, PRIM insiders filed 1 SEC Form 4 transaction — 1 purchase ($2K) and no sales. The most active reporter was MCCALLISTER TERRY D with 1 filing.
Q3 results missed expectations and guidance was revised lower, suggesting downside risk.
Earnings beat may lift the stock despite revenue miss.
Primoris may face selling pressure as revenue fell short of expectations.
Recent earnings miss drives downside pressure.
Small insider purchase likely signals confidence but size is negligible.
AlphAI scores every news story that mentions PRIM with an AI model for sentiment and relevance, and aggregates insider trades from Primoris Services Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.
Primoris Services Corp (PRIM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Primoris Services Corporation Reports Third Quarter 2026 Results Dallas, TX – November 3, 2026 – Primoris Services Corporation ( NYSE : PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2026 and
2 min readPrimoris Services Corp. (PRIM) reported Q3 net income of $51.3M, or 95 cents per share, beating analyst estimates of 75 cents. Revenue was $1.95B, missing forecasts of $2.04B. The company expects full-year earnings of $2.10-$2.25 per share, according to Zacks Investment Research.
1 min readPrimoris (PRIM) will report Q3 earnings Tuesday. Last quarter, it missed revenue estimates at $1.69B, down 10.7% YoY, but beat EBITDA estimates and raised full-year guidance. Analysts expect a 6.9% revenue decline YoY this quarter. Peers MYR Group and APi reported strong Q3 results, with revenue growth of 32.5% and 22.5%, respectively. Primoris shares are down 9.5% over the past month, with an average price target of $115.13.
2 min readPrimoris (PRIM) fell 7.5% post-earnings despite a strong quarter. Matrix Service (MTRX) missed estimates, dropping 6.2%. APi (APG) beat expectations, rising 4.2%. Limbach (LMB) missed estimates, down 37%. All companies reported Q2 revenues and guidance.
2 min readMCCALLISTER TERRY D purchased 22 shares of Primoris Services Corp (PRIM) at $79.98 on 2026-10-15.
1 min readMatrix Service (MTRX) reported Q2 revenue of $244.5M, up 13% YoY but missing estimates, with stock down 6.6%. Primoris (PRIM) reported $1.69B revenue, down 10.7% YoY, missing estimates but beating EBITDA, stock down 20.3%. Construction Partners (ROAD) reported $999.4M revenue, up 28.2% YoY, beating estimates, stock down 16.8%.
2 min readConcrete Pumping (BBCP) trades at $9.10 post-earnings. Tutor Perini (TPC) reported $1.64B revenue, up 19.2%, but stock fell 7%. Matrix Service (MTRX) missed estimates, stock down 6.6%. Primoris (PRIM) revenue fell 10.7%, stock down 20.3%. APi (APG) revenue up 13.3%, stock up 3.6%.
7 min readJefferies reduced its price target for Primoris Services (NYSE:PRIM) to $99 from $100, citing the completion of a challenging solar project. The stock has gained 7.75% in a week but is down 47% over six months. Analysts note margin pressure in renewables and growth in other segments. Primoris reported a Q2 2026 loss of $0.27 per share and $1.69B revenue, missing estimates. Cantor Fitzgerald raised its target to $105, while Guggenheim lowered its target to $127.
2 min readThe ALPS Electrification Infrastructure ETF (ELFY) rebalanced its holdings, adding X-Energy and Core Natural Resources, and removing five companies, including NuScale Power and Plug Power. Forgent Power Solutions became the top holding. ELFY has returned 12.3% YTD and focuses on electrification, including data center infrastructure, positioning it as an AI trend ETF.
2 min readPrimoris Services (PRIM) shares dropped 37% premarket after KeyBanc downgraded the stock to 'Sector Weight' due to a lowered full-year forecast and C-suite departure. The company cited challenges in its renewables business and higher operating costs. KeyBanc and Wells Fargo expressed concerns over project losses and lack of clarity. PRIM's 2026 revenue guidance was cut to $2.1B, and EPS outlook was halved to $2.05-$2.60.
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