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To own Primoris, you need to believe in its role as a contractor for data center, power delivery and renewable infrastructure in North America. The S&P 1000 addition may modestly support liquidity, but it does not materially change the near term reliance on winning data center and utility scale renewable awards or the risk that competitive pressures and volatile pipeline demand could unsettle margins and earnings.
The recent Q3 2025 update, where Primoris raised full year 2025 net income guidance to US$260.5 million to US$271.5 million and EPS to US$4.75 to US$4.95, is particularly relevant here. Stronger expected earnings and cash generation can help fund growth in data center and grid projects, but they also raise the stakes if renewables margins remain under pressure or pipeline work softens more than expected.
Yet behind the index upgrade, investors should still be aware of how exposed Primoris is to winning enough high quality data center work and utility scale renewable projects...
Read the full narrative on Primoris Services (it's free!)
Primoris Services' narrative projects $8.7 billion revenue and $358.2 million earnings by 2028.
Uncover how Primoris Services' forecasts yield a $149.08 fair value, a 19% upside to its current price.
Five fair value estimates from the Simply Wall St Community span roughly US$77.76 to US$149.08, highlighting how far apart individual views can be. Against this backdrop, the shared focus on data center and utility scale renewable awards as a key earnings driver shows why you may want to explore several different takes on Primoris before deciding how its future performance could unfold.
Explore 5 other fair value estimates on Primoris Services - why the stock might be worth 38% less than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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