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North American Renewables And Utilities Will Drive Future Demand

Published
05 Sep 24
Updated
17 Sep 25
AnalystConsensusTarget's Fair Value
US$127.56
9.5% overvalued intrinsic discount
17 Sep
US$139.65
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1Y
141.7%
7D
7.3%

Author's Valuation

US$127.569.5% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on17 Sep 25
Fair value Increased 2.32%

Primoris Services’ consensus price target has increased to $127.56, reflecting strengthening long-term growth prospects in power and renewables, robust execution and guidance, and favorable legislative tailwinds. Analyst Commentary Bullish analysts cite durable, long-tail growth prospects in Power Delivery, Renewables, and Natural Gas Generation segments, supporting higher valuation multiples.

Shared on07 Aug 25
Fair value Increased 6.15%

As both net profit margin (3.83%) and consensus revenue growth (6.7%) forecasts for Primoris Services remained unchanged, analysts have left their fair value estimate steady at $117.44. What's in the News Raised annual earnings guidance, expecting net income between $241.0 million and $252.0 million, or $4.40 to $4.60 per diluted share.

Shared on30 Apr 25
Fair value Increased 35%

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 4.35%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 1.24%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 3.21%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 0.34%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 1.97%

AnalystConsensusTarget has increased revenue growth from 5.1% to 5.8%.

Shared on11 Mar 25
Fair value Decreased 2.21%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.