IES Holdings to Acquire Gulf Island Fabrication

Gulf Island Fabrication ( (GIFI) ) has provided an announcement.

On November 7, 2025, Gulf Island Fabrication, Inc. and IES Holdings, Inc. announced a definitive agreement for IES to acquire Gulf Island for $12.00 per share, valuing the transaction at approximately $192 million. The merger, expected to close by March 31, 2026, aims to expand IES’s fabrication capabilities and enhance its ability to support U.S. infrastructure projects, with Gulf Island’s strategic Gulf Coast location and experienced workforce playing a key role. The acquisition is subject to shareholder and regulatory approvals, and certain shareholders have already agreed to support the transaction.

The most recent analyst rating on (GIFI) stock is a Hold with a $7.50 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 base with low leverage, but challenges in revenue growth and profitability. The strategic acquisitions and strong cash position provide optimism for future growth, despite current headwinds. Technical indicators suggest a neutral trend, and the stock is reasonably valued.

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

More about Gulf Island Fabrication

Gulf Island Fabrication, Inc. is a leading fabricator of complex steel structures, modules, and automation systems, providing specialty services such as engineering, project management, and maintenance to the industrial, energy, and government sectors. The company is headquartered in The Woodlands, Texas, with primary operations in Houma, Louisiana, and Houston, Texas.

Average Trading Volume: 39,468

Technical Sentiment Signal: Buy

Current Market Cap: $128.1M

Find detailed analytics on GIFI stock on TipRanks’ Stock Analysis page.