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Gulf Island Fabrication Announces Merger with IES Holdings

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Gulf Island Fabrication Announces Merger with IES Holdings

Meet Your ETF AI Analyst

The latest update is out from Gulf Island Fabrication ( (GIFI) ).

On November 7, 2025, Gulf Island Fabrication, Inc. entered into a merger agreement with IES Holdings, Inc., where Gulf Island will become an indirect wholly owned subsidiary of IES. As part of the merger, each share of Gulf Island’s common stock will be converted into $12.00 in cash. The company’s board has approved the merger and recommends shareholder approval. The merger also outlines the treatment of equity awards, with specific provisions for directors and executive officers, including accelerated vesting conditions upon change of control and termination of employment.

The most recent analyst rating on (GIFI) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Gulf Island Fabrication stock, see the GIFI Stock Forecast page.

Spark’s Take on GIFI Stock

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

Gulf Island Fabrication’s overall score reflects a stable financial position with low leverage, but challenges in revenue growth and profitability. Strong technical momentum is offset by overbought conditions, and while strategic acquisitions offer future potential, current valuation and earnings call insights suggest caution.

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

More about Gulf Island Fabrication

Average Trading Volume: 54,613

Technical Sentiment Signal: Buy

Current Market Cap: $188.9M

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

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