PRIM
PRIMORIS SVCS (PRIM)
NYSE
$85.64+$1.23 (+1.46%)
Price as of Aug 03, 2026 4:43 PM EDT
  • $4.6B
    Market Cap
  • -7.14%
    1-Year Change
  • Engineering & Construction
    Industry

Key Performance

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  • Earnings Score: 34
  • Momentum Score: 43
  • True Yield: N/A
  • Financial Health Score: 86
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Latest Research & News

Robbins LLP Reminds PRIM Stockholders With Large Losses of the Opportunity to Participate in the Primoris Services Corporation Class Action Lawsuit

A securities class action has been filed against Primoris Services Corporation for allegedly making materially false statements regarding cost forecasting and project oversight of renewable energy projects. The company failed to disclose significant cost overruns and execution issues affecting six projects, leading to a 21.6% stock price decline in June 2026. Investors who purchased PRIM securities between August 5, 2025 and June 22, 2026 may be eligible to participate in the lawsuit, with a September 21, 2026 deadline to seek lead plaintiff appointment.

08/03/2026, 10:00 AMGlobeNewswire

ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Primoris Services Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - PRIM

Rosen Law Firm is reminding investors who purchased Primoris Services Corporation stock between August 5, 2025 and June 22, 2026 of an important September 21, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that Primoris made false statements regarding its cost estimation processes and project oversight for fixed-price renewable energy projects, which led to systematic underestimation of costs and risks, resulting in material cost overruns and execution problems.

08/01/2026, 10:51 PMGlobeNewswire

Primoris Services Corporation (PRIM) Investors Have Opportunity to Lead Securities Fraud Class Action Lawsuit – Contact Kessler Topaz Meltzer & Check, LLP

A securities fraud class action lawsuit has been filed against Primoris Services Corporation (PRIM) for allegedly making materially false statements about cost estimation and project oversight for fixed-price renewable energy projects. The company's stock declined significantly following multiple announcements of cost overruns, guidance cuts, and executive departures between February and June 2026. Investors who purchased PRIM stock between August 5, 2025 and June 22, 2026 can seek lead plaintiff status by September 21, 2026.

08/01/2026, 10:56 AMGlobeNewswire

Deadline Alert: Primoris Services Corporation (PRIM) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

Primoris Services Corporation faces a class action securities fraud lawsuit for allegedly making materially false statements about its renewable energy projects between August 2025 and June 2026. The company failed to disclose deficient cost estimation processes and systematic underestimation of project costs, leading to multiple stock price declines totaling over 47% following successive negative announcements about cost overruns, guidance cuts, and executive departures. Investors have until September 21, 2026 to file a lead plaintiff motion.

07/31/2026, 3:30 PMGlobeNewswire

Primoris Services (PRIM) Facing Securities Class Action, Investors with Losses Encouraged to Contact Hagens Berman

Hagens Berman has filed a securities class action lawsuit against Primoris Services Corporation and its executives for allegedly misleading investors about the company's project management capabilities on renewable energy projects. The lawsuit covers the period from August 5, 2025 to June 22, 2026, during which Primoris shares crashed 50% on May 6, 2026 and another 21% on June 23, 2026, erasing over $6 billion in market capitalization. The company allegedly concealed deficient estimating and forecasting processes that led to systematic underestimation of project costs across multiple solar projects.

07/30/2026, 7:46 PMGlobeNewswire

Primoris Services Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuit Against Primoris Services Corporation - PRIM

ClaimsFiler reminds investors with losses exceeding $100,000 that they have until September 21, 2026 to file lead plaintiff applications in a securities class action lawsuit against Primoris Services Corporation. The company and its executives are accused of failing to disclose material information about substantial challenges, cost overruns, and project delays in its renewable energy segment, resulting in overstated 2026 guidance and misleading statements about business prospects.

07/30/2026, 11:53 AMGlobeNewswire

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Primoris Services Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - PRIM

Rosen Law Firm is reminding investors who purchased Primoris Services Corporation stock between August 5, 2025 and June 22, 2026 of the September 21, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Primoris made false statements regarding its cost estimation and project oversight processes for fixed-price renewable energy projects, leading to systematic underestimation of costs and risks.

07/29/2026, 6:40 PMGlobeNewswire

Important Notice to Long-Term Shareholders of Erasca, Inc. (NASDAQ: ERAS); Insulet Corporation (NASDAQ: PODD); New Era Energy & Digital, Inc. (NASDAQ: NUAI) (formerly known as New Era Helium (NASDAQ: NEHC)); and Power Solutions International, Inc. (NASDAQ: PSIX): Grabar Law Office is Investigating Claims on Your Behalf

Grabar Law Office announced investigations into multiple publicly traded companies on behalf of shareholders, alleging breaches of fiduciary duties and securities law violations. The investigations cover Erasca (misleading statements about ERAS-0015 drug candidate and patent infringement), Insulet (defective manufacturing controls leading to product recalls), New Era Energy & Digital (overstated project progress and fraudulent oil-and-gas schemes), Power Solutions International (overstated sales demand and understated manufacturing costs), Hub Group, Planet Fitness, Primoris Services, EquipmentShare.com, GPGI, Photronics, and Via Transportation. Shareholders who meet specific holding criteria may seek damages and corporate governance reforms at no cost.

07/29/2026, 8:43 AMGlobeNewswire

Primoris Services Corporation Notice of September 21, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

Kahn Swick & Foti, LLC announces a class action securities lawsuit against Primoris Services Corporation for allegedly failing to disclose material information about substantial challenges, cost overruns, and project delays affecting six renewable energy projects. On June 22, 2026, Primoris disclosed these issues and reduced its 2026 guidance, causing a 22% stock price decline. Investors who purchased shares between August 5, 2025 and June 22, 2026 have until September 21, 2026 to request lead plaintiff status.

07/28/2026, 11:34 PMGlobeNewswire

PRIM INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Primoris Services Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Law firm Robbins Geller Rudman & Dowd LLP announced class action lawsuits against Primoris Services Corporation for allegedly making false statements about cost estimation and project management in its renewable energy business. The lawsuit covers investors who purchased PRIM stock between August 5, 2025 and June 22, 2026. Primoris stock experienced significant declines following multiple negative disclosures about cost overruns and guidance reductions. The firm is seeking a lead plaintiff by September 21, 2026.

07/27/2026, 7:55 AMGlobeNewswire

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Primoris Services Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - PRIM

Rosen Law Firm has filed a class action lawsuit against Primoris Services Corporation on behalf of investors who purchased common stock between August 5, 2025 and June 22, 2026. The lawsuit alleges that Primoris made false and misleading statements regarding its cost estimation processes and project oversight for fixed-price renewable energy projects, which resulted in systematic underestimation of costs and risks. Investors who purchased stock during this period may be eligible for compensation.

07/26/2026, 7:40 AMGlobeNewswire

Primoris Services (PRIM) Faces Securities Class Action After Second Major Selloff on Persistent Ineffective Project Management, COO Departure – HBSS

Primoris Services Corporation (PRIM) faces a securities class action lawsuit after two major stock selloffs in six weeks caused over $6 billion in market capitalization losses. The company allegedly misled investors about its project management capabilities and cost estimation processes for renewable energy projects. Disclosures in May and June 2026 revealed systemic underestimation of project costs across multiple solar projects, with 2026 renewables revenue expected to decline 30% from 2025 levels.

07/25/2026, 7:49 PMGlobeNewswire

Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Primoris Services Corporation and Encourages Investors to Contact the Firm

A class action lawsuit has been filed against Primoris Services Corporation for allegedly making false statements about its cost estimation and project oversight processes for fixed-price renewable energy projects. The company failed to disclose material cost overruns and execution problems, leading to significant stock price declines of 50.11% on May 6, 2026, and an additional 21.6% on June 22, 2026, after slashing financial guidance.

07/22/2026, 6:32 PMGlobeNewswire

Primoris Services (PRIM) Shares Crater 40% Intraday Amid Additional Renewables Revenue Shock, COO Departure – HBSS

Primoris Services (PRIM) stock plummeted 40% intraday on June 23, 2026, following disclosure of additional cost overruns and challenges in its renewables business, which is expected to see a 30% revenue decline in 2026. The announcement came after a previous 50% stock drop in May when the company revealed significant Energy segment declines. The COO's abrupt departure and cumulative $7.8 billion market cap loss have prompted a securities fraud investigation by Hagens Berman.

07/09/2026, 1:55 PMGlobeNewswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Primoris Services Corporation - PRIM

Pomerantz LLP is investigating potential securities fraud claims against Primoris Services Corporation following significant stock price declines. The company slashed its full-year adjusted EBITDA guidance by approximately 17% in May 2026 due to lower renewable energy activity and project delays. In June, Primoris announced its COO's departure and disclosed additional cost overruns in its Renewables business, reducing expected 2026 revenue from $3.0 billion to $2.1 billion, causing a further 21.59% stock price drop.

07/07/2026, 5:56 PMGlobeNewswire

Peers

Statistics

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Day Range
$83.16
$87.93
$84.41
1-Year Range
$74.76
$202.92
$84.41
Latest Close$84.41
Change
-$1.24 (-1.47%)
Volume863,986
Market Cap$4.6B
Shares Outstanding54.3M
P/E (TTM)18.66
Diluted EPS (TTM)$4.52
Enterprise Value$4.7B

Information as of 07/31/2026

Company Profile

PRIMORIS SERVICES CORP
PRIMORIS SERVICES CORP
https://www.prim.com
$4.6B
Market Cap
$248.1M
Net Income
Sector: Industrials
Industry: Engineering & Construction
2300 N. Field Street, Dallas, TX, United States, 75201
214 740 5600

Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments: Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides 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. The company also provides replacement services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.

Key Executives

  • Kenneth Dodgen
  • John Perisich
  • Jeremy R. Kinch
  • Koti Vadlamudi
  • Timothy R. Healy

Current Ownership Distribution

  • Institutions909.0M (72.47%)
  • Mutual Funds337.6M (26.91%)
  • Insiders7.7M (0.61%)
  • Other0 (0.00%)