Primoris Services Corp Hits 5-Day High Amid Market Gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 08 Dec 25
Source: 4
Primoris Services Corp saw a price increase of 5.05%, reaching a 5-day high in regular trading. This movement reflects a positive sentiment in the broader market, with the Nasdaq-100 up 0.33% and the S&P 500 slightly up by 0.02%.
The recent adjustments to the S&P 500 Index, which will include new additions like CRH and Carvana, are expected to enhance market representation and attract investor interest. These changes may lead to increased volatility and trading activity across various sectors.
As investors monitor these developments, the overall market strength could provide a favorable environment for stocks like Primoris Services Corp, potentially leading to further gains in the near term.
Analyst Views on PRIM
Wall Street analysts forecast PRIM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRIM is 152.07 USD with a low forecast of 125.66 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 149.130
Low
125.66
Averages
152.07
High
175.00
Current: 149.130
Low
125.66
Averages
152.07
High
175.00
About PRIM
Primoris Services Corporation is a provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
