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Why Primoris Services Stock Is Dropping Despite Records

Why Primoris Services Stock Is Dropping Despite Records

Primoris Services ( (PRIM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Primoris Services shares are under pressure even after the company reported record 2025 revenue, earnings, and backlog, along with a stronger balance sheet and better liquidity. Investors appear cautious despite management forecasting 2026 adjusted EBITDA in a solid $560 million to $580 million range.

Following the update, analysts refreshed their coverage on Primoris Services, which included several price target increases and one new initiation at a neutral rating. The mixed tone of the analyst actions may be adding to the stock’s choppy trading, as the market reassesses how much upside is left.

More about Primoris Services

YTD Price Performance: 33.53%

Average Trading Volume: 934,015

Technical Sentiment Signal: Buy

Current Market Cap: $8.67B

For further insights into PRIM stock on TipRanks’ Stock Analysis page.

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