Centuri Holdings Enters Underwriting Agreement with J.P. Morgan

An update from Centuri Holdings, Inc. ( (CTRI) ) is now available.

On August 6, 2025, Centuri Holdings, Inc. entered into a Registration Rights Letter Agreement with Icahn Investors, granting them certain resale registration rights for shares sold in a Concurrent Private Placement. The company agreed to register the resale of these shares by November 19, 2025. Additionally, on August 7, 2025, Centuri Holdings entered into an Underwriting Agreement with J.P. Morgan Securities LLC and other underwriters, which included a 30-day lock-up period for selling or transferring Centuri Common Stock without consent. These agreements are part of Centuri’s strategic financial maneuvers, impacting its stock liquidity and market operations.

The most recent analyst rating on (CTRI) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Centuri Holdings, Inc. stock, see the CTRI Stock Forecast page.

Spark’s Take on CTRI Stock

According to Spark, TipRanks’ AI Analyst, CTRI is a Neutral.

Centuri Holdings, Inc. is facing significant financial challenges, with declining revenues and negative profitability impacting its financial performance score. Technical analysis indicates bearish momentum, and the valuation score is low due to a negative P/E ratio and lack of dividend yield. These factors combine to result in a low overall stock score.

To see Spark’s full report on CTRI stock, click here.

More about Centuri Holdings, Inc.

Average Trading Volume: 964,463

Technical Sentiment Signal: Sell

Current Market Cap: $1.77B

For an in-depth examination of CTRI stock, go to TipRanks’ Overview page.