Primoris Services Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of ...
ClaimsFiler, a free shareholder information service, is reminding investors of Primoris Services Corporation (NYSE: PRIM) who incurred losses exceeding $100,000 to file lead plaintiff applications by September 21, 2026. This securities class action lawsuit alleges that Primoris and its executives made misleading statements regarding challenges, cost overruns, and project delays in its renewable energy segment, which impacted its 2026 financial guidance. The case is pending in the United States District Court for the Northern District of Texas.
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 is reminding investors of Primoris Services Corporation (NYSE: PRIM) who have incurred losses exceeding $100,000 that they have until September 21, 2026, to apply for lead plaintiff in a securities class action lawsuit. The lawsuit alleges that Primoris and its executives failed to disclose material information regarding substantial challenges, cost overruns, and project delays in its renewable energy segment, leading to overstated financial guidance. Investors who purchased shares between August 5, 2025, and June 22, 2026, are affected.
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 (KSF) has notified investors of Primoris Services Corporation (NYSE: PRIM) about a class action securities lawsuit. The lawsuit seeks to recover losses for investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, alleging that the company failed to disclose material information and violated federal securities laws. Investors are encouraged to contact KSF by September 21, 2026, to request appointment as lead plaintiff, though lead plaintiff status is not required to share in any recovery.
MARIETTA INVESTMENT PARTNERS LLC's Primoris Services Corp(PRIM) Holding History
This article details the historical holdings of MARIETTA INVESTMENT PARTNERS LLC in Primoris Services Corp (PRIM). As of June 30, 2026, the firm held no shares, but historically made three purchases and two sales of PRIM, with an estimated gain of $723,487.52. The article also provides a chart of quarterly buys and sells and lists recent news articles related to Primoris Services Corp.
Fuller & Thaler (PRIM) reports 0.004% beneficial stake in Primoris Services
Fuller & Thaler Asset Management, Inc. has filed an amended Schedule 13G/A report indicating beneficial ownership of 1,912.44 shares of Primoris Services Corp (PRIM) common stock, representing a 0.004% stake. The firm holds sole voting and dispositive power over these shares, which are managed on behalf of advisory clients who retain economic rights to dividends and sale proceeds. This filing is classified as a passive investment, not intended to influence control of the company.
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 (KSF) has notified investors in Primoris Services Corporation (NYSE: PRIM) of a class action securities lawsuit. The lawsuit alleges that Primoris failed to disclose material information during the period of August 5, 2025, to June 22, 2026, leading to a 22% stock drop after the company revealed substantial challenges, cost overruns, and project delays in renewable energy projects. Investors who suffered losses have until September 21, 2026, to apply to be lead plaintiff.
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 (KSF) is notifying investors in Primoris Services Corporation (NYSE: PRIM) of a class action securities lawsuit. The lawsuit seeks to recover losses for investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, alleging that the company failed to disclose material information regarding cost overruns and project delays in renewable energy projects. Investors have until September 21, 2026, to apply to be lead plaintiff.
Primoris Services Corp. leases former Minute Maid space in Sugar Land Town Square
Primoris Services Corp., a specialty construction and engineering company based in Dallas, has leased the entire top floor of Town Square One in Sugar Land. This lease signifies that all space previously occupied by Minute Maid, vacated over six years ago, is now filled.
Primoris Services (PRIM): Wellington Group discloses 4.68M-share, 8.6% ownership stake
Wellington Management Group LLP and its affiliated entities have reported a beneficial ownership stake of 4,675,487 shares, representing 8.62% of Primoris Services Corporation (PRIM) common stock, as of June 30, 2026. The shares are held by clients of Wellington's investment advisers, who possess shared voting and dispositive power over these securities. No single client is reported to own more than five percent of the class.
Invesco Discovery Fund's Primoris Services Corp(PRIM) Holding History
This article details the historical holdings of Invesco Discovery Fund in Primoris Services Corp (PRIM). As of May 31, 2026, the fund held no shares of PRIM, having made 5 purchases and 2 sales since initial trading in Q4 2024. The fund's estimated gain on its historical PRIM holdings is $53.69 million, representing a 97.30% gain.
Primoris Services Corporation $PRIM Shares Acquired by Bank of America Corp DE
Bank of America Corp DE increased its stake in Primoris Services Corporation (NYSE:PRIM) by 4.4% in the first quarter, now holding 324,887 shares valued at $46.5 million. Despite beating earnings expectations with a smaller-than-anticipated loss, Primoris's revenue declined 10.7% year-over-year and missed estimates. The company also faces negative sentiment from a class-action lawsuit alleging misleading project management and profitability forecasts, alongside a significant jump in short interest.
Primoris Services Shareholder Alert: ClaimsFiler Reminds
ClaimsFiler is alerting investors of Primoris Services Corporation (NYSE: PRIM) who experienced losses exceeding $100,000 to a class action lawsuit. The deadline to apply for lead plaintiff is September 21, 2026, alleging that Primoris and its executives made false or misleading statements regarding the company's renewable energy segment, overstating its 2026 Adjusted EPS, Adjusted EBITDA, and Renewables revenue. Investors can find more information and assistance through ClaimsFiler's services.
Primoris Services (PRIM) director moves 2,241 shares into Wagner Family Trust
Primoris Services Corp director Patricia K. Wagner reported a bona fide gift of 2,241 shares of common stock on August 11, 2026. The shares were transferred to the Wagner Family Trust for no consideration, with Wagner remaining the beneficial owner. After the transfer, she directly holds 1,220 shares and indirectly owns 6,736 shares through the trust.
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 (KSF) is notifying investors of Primoris Services Corporation (NYSE: PRIM) about a class action securities lawsuit. The lawsuit alleges that Primoris and its executives failed to disclose material information between August 5, 2025, and June 22, 2026, leading to a significant stock drop after negative disclosures regarding renewable energy projects. Investors who suffered losses have until September 21, 2026, to request to be appointed as lead plaintiff.
Primoris Services Corp (PRIM) Stock News Today
This article provides current stock information for Primoris Services Corp (PRIM), including its stock price, market cap, and P/E ratio. It indicates that more news will be available soon and offers contact information for content collaboration and user feedback. The page also includes a risk warning regarding investment products.
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 (KSF) has issued a notice to investors of Primoris Services Corporation (NYSE: PRIM) regarding a class action securities lawsuit. The lawsuit alleges that Primoris and its executives failed to disclose material information between August 5, 2025, and June 22, 2026, leading to a significant drop in stock price after the company revealed substantial challenges in renewable energy projects. Investors who suffered losses have until September 21, 2026, to request to be appointed as lead plaintiff.
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 is alerting investors of Primoris Services Corporation (NYSE: PRIM) who suffered losses exceeding $100,000 to a lead plaintiff deadline of September 21, 2026, in a securities class action lawsuit. The lawsuit alleges that Primoris and its executives made materially misleading statements and omissions regarding significant challenges, cost overruns, and project delays in its renewable energy segment, leading to overstated financial guidance for 2026. Investors are encouraged to visit ClaimsFiler's website for more information on the lawsuit and how to participate.
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 (KSF) has issued a notice regarding a class action securities lawsuit against Primoris Services Corporation (NYSE: PRIM). The lawsuit seeks to recover losses for investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, alleging that the company failed to disclose material information and violated federal securities laws. Investors have until September 21, 2026, to request appointment as lead plaintiff.
Primoris Services Corp (PRIM) (Q2 2026) Earnings Call Highlights: Record Backlog and Strategic ...
Primoris Services Corp (PRIM) reported record bookings and backlog in Q2 2026, driven by strong performance in its utilities segment and the successful Paincrest acquisition. Despite significant margin pressure and a decrease in revenue in its renewables business, the company expressed confidence in returning to revenue growth and margin expansion in 2027, supported by a robust project funnel and a favorable multi-year investment cycle. Management also addressed challenges in the communications business due to a shift towards BEAD-funded projects and provided a revised free cash flow forecast for the year.
Primoris Services Corp 2026: Revenue $1.69B, EPS ($0.45) — 10-Q Summary
Primoris Services Corp reported its 2026 quarterly results, showing a revenue of $1.69 billion, a net loss of ($24.2 million), and diluted EPS of ($0.45). This represents a significant decline compared to the prior-year quarter, primarily due to a slowdown in the Energy segment and associated margin pressures, despite modest growth in Utilities work. The company's backlog remains strong at $6.1 billion for the next 12 months, and it completed the acquisition of PayneCrest to broaden its electrical and data-center capabilities.
INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Primoris Services Corporation (NYSE: PRIM) Investors with Substantial Losses Have Opportunity to Lead Primoris Lawsuit
Robbins Geller Rudman & Dowd LLP announced that investors in Primoris Services Corporation (NYSE: PRIM) who purchased common stock between August 5, 2025, and June 22, 2026, have until September 21, 2026, to seek appointment as lead plaintiff in a class action lawsuit. The lawsuit alleges that Primoris made false and misleading statements and failed to disclose deficiencies in its cost estimation and project oversight processes, leading to underestimated costs and risks in significant fixed-price renewable energy projects. These alleged misrepresentations resulted in substantial stock price drops following various financial updates and leadership changes.
Primoris (NYSE:PRIM) Misses Q2 CY2026 Sales Expectations
Primoris (NYSE:PRIM) reported Q2 CY2026 results, missing Wall Street's revenue expectations with sales down 10.7% year-on-year to $1.69 billion. Despite the revenue miss, the company's non-GAAP loss of $0.27 per share was 24% better than analysts' consensus estimates. Management also lowered full-year Adjusted EPS guidance but raised EBITDA guidance above analyst estimates, indicating a solid quarter with some upside despite investor disappointment leading to a 1.7% share price drop post-reporting.
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 (KSF) is notifying investors of Primoris Services Corporation (NYSE: PRIM) about a class action securities lawsuit. The lawsuit seeks to recover losses for investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, alleging that Primoris and its executives failed to disclose material information that led to a 22% stock drop following news of project challenges and reduced guidance. Investors have until September 21, 2026, to request appointment as lead plaintiff.
Primoris Services (NYSE: PRIM) grants director 356 restricted shares
Primoris Services (NYSE: PRIM) director Michael E. Ching was granted 356 restricted shares of common stock, valued at $37,500, as part of the company's non-employee director compensation program. These shares cannot be sold for twelve months and increase his direct holdings to 10,754 shares. The grant was based on the average closing price during June 2026.
Vanguard Portfolio Management (PRIM) discloses 3.13M-share Primoris Services stake
Vanguard Portfolio Management has disclosed a beneficial ownership of 3,129,788 shares of Primoris Services Corp common stock, representing 5.76% of the class. This filing indicates that Vanguard has sole voting power over 6,432 shares and sole dispositive power over all 3,129,788 shares. The stake includes holdings by Vanguard Portfolio Management LLC and its affiliates, including various Vanguard funds and managed accounts.
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 is reminding investors of Primoris Services Corporation (NYSE: PRIM) who experienced losses exceeding $100,000 that the lead plaintiff deadline for a securities class action lawsuit is September 21, 2026. The lawsuit alleges that Primoris and its executives made false and misleading statements regarding the Company's renewable energy segment, leading to overstated financial guidance for 2026. Investors who purchased shares between August 5, 2025, and June 22, 2026, are encouraged to seek legal options.
Primoris Services Shareholder Alert: ClaimsFiler Reminds
ClaimsFiler is reminding investors who suffered losses exceeding $100,000 in Primoris Services Corporation (NYSE: PRIM) to file lead plaintiff applications by September 21, 2026, in a securities class action lawsuit. The lawsuit alleges that Primoris and its executives made misleading statements and omissions regarding challenges, cost overruns, and project delays in its renewable energy segment, leading to overstated financial guidance. Investors who purchased shares between August 5, 2025, and June 22, 2026, are affected.
Primoris Services Corp (PRIM) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis of Primoris Services Corp (PRIM), noting its current valuation score is 8.86, placing it 19th out of 41 in the Construction & Engineering industry. The company's current P/E ratio is 16.29, which is significantly below its recent high and above its recent low. However, P/B, P/S, and P/CF data have not yet been disclosed by the company.
Primoris Services Corp (PRIM) Risk Assessment: Volatility, Financial Risk & Investment Risk
This article provides a risk assessment for Primoris Services Corp (PRIM), noting its current risk score of 5.29 and ranking 19 out of 41 in the Construction & Engineering industry. It highlights the company's beta of 1.40, indicating higher volatility compared to the S&P 500. The assessment includes detailed metrics such as maximum drawdown, volatility, Sharpe Ratio, and liquidity, along with best and worst daily returns over various periods.
Primoris Services Corp. (PRIM) Q1 2023 Earnings Report - Results, Call & Slides
Primoris Services Corp. (PRIM) reported strong Q1 2023 earnings, significantly beating analyst expectations. The company posted an actual EPS of $3.14 against a consensus of -$0.98, and actual revenue of $21.92 billion compared to an expected $18.59 billion, marking a 60.24% year-over-year growth. The report includes details on the earnings announcement, a link to the earnings call audio and slide deck, and historical earnings data for the company.
Primoris Services Corp. (PRIM) Q3 2022 Earnings Report - Results, Call & Slides
This article provides the Q3 2022 earnings report for Primoris Services Corp. (PRIM), detailing that the company beat both EPS and revenue expectations. Primoris reported an actual EPS of $19.53 against a consensus of $14.96, and actual revenue of $22.40 billion compared to an expected $20.71 billion, marking a significant year-over-year revenue growth of 40.61%. The report also includes details about their past and estimated future earnings dates, as well as an audio recording and slide deck from the Q3 2022 earnings call.
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 (KSF) has issued a notice regarding a class action securities lawsuit against Primoris Services Corporation (NYSE: PRIM). The lawsuit targets investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, alleging that the company failed to disclose material information regarding cost overruns and project delays in its renewable energy projects, leading to a significant stock price drop. Investors have until September 21, 2026, to apply for lead plaintiff status.
BlackRock (PRIM holder) reports 11.7% ownership stake in Primoris Services Corp
BlackRock, Inc. has reported an 11.7% beneficial ownership stake in Primoris Services Corp (PRIM) as of June 30, 2026, through an SEC SCHEDULE 13G/A filing. This includes 6,373,793 shares with sole dispositive power and 6,283,214 shares with sole voting power. A significant portion of this interest is held on behalf of the iShares Core S&P Small-Cap ETF, which holds more than five percent of Primoris common stock.
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 (KSF) has issued a notice to investors of Primoris Services Corporation (NYSE: PRIM) regarding a class action securities lawsuit. The lawsuit targets Primoris for allegedly failing to disclose material information between August 5, 2025, and June 22, 2026, leading to a 22% stock drop after the company revealed significant issues with renewable energy projects and reduced its 2026 financial guidance. Investors who suffered losses have until September 21, 2026, to apply for lead plaintiff status.
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 (KSF) has announced a class action securities lawsuit against Primoris Services Corporation (NYSE: PRIM). The lawsuit seeks to recover losses for investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, alleging that the company failed to disclose material information regarding cost overruns and project delays in renewable energy projects. Investors have until September 21, 2026, to request to be appointed as lead plaintiff.
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 (KSF) has initiated a class action securities lawsuit against Primoris Services Corporation (NYSE: PRIM) on behalf of investors who purchased shares between August 5, 2025, and June 22, 2026. The lawsuit alleges that Primoris failed to disclose material information, leading to significant stock price drops after the company reported project challenges, cost overruns, and reduced financial guidance. Investors have until September 21, 2026, to apply as lead plaintiff in the case.
Primoris Services Number of Employees 2026 | Employee Count & Headcount Data
As of March 2026, Primoris Services Corp. (PRIM) has approximately 18,504 total employees worldwide, a 2.8% increase from 2023 but a 0.2% decrease year-over-year. The company is actively hiring, with 1,331 active job postings in 2026, and its workforce is primarily concentrated in the United States. The average salary for Primoris Services employees globally is $79,624.
Primoris Services faces class action lawsuit amid financial concerns
Primoris Services (PRIM) is facing a class action lawsuit filed by Robbins Geller Rudman & Dowd LLP due to alleged deficiencies in cost estimation and project management in its renewable energy projects, leading to significant financial losses and stock drops. The lawsuit follows negative disclosures, including earnings guidance downgrades and executive departures. Investors have until September 21, 2026, to file for lead plaintiff status as the company's financial health and stock performance continue to be impacted.
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 (KSF) is notifying investors of Primoris Services Corporation (NYSE: PRIM) about a class action securities lawsuit. The lawsuit alleges that Primoris and its executives failed to disclose material information during the Class Period (August 5, 2025, to June 22, 2026), leading to significant financial losses for investors. Investors who suffered losses have until September 21, 2026, to request appointment as lead plaintiff.
PRIM|Primoris Services Corp|Price:86.510|Chg%:-4.070
This article provides a comprehensive stock analysis of Primoris Services Corp (PRIM) by TradingKey. It highlights the company's healthy fundamentals, high growth potential, and fair valuation, ranking it 27 out of 41 in the Construction & Engineering industry. Despite strong institutional ownership and a "Buy" rating from multiple analysts with a target price of 126.57, the stock has shown weak market performance recently and is expected to trend down in the medium term, trading sideways within support and resistance levels.
Primoris Services Corporation (PRIM) stock price, news, quote and history
This article provides a comprehensive overview of Primoris Services Corporation (PRIM) stock, including its current price, news, and historical data. It details the company's profile, financial performance, analyst insights, and compares it with similar companies in the Engineering & Construction industry. The report also highlights key financial metrics and earnings trends for PRIM.
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 (KSF) has notified investors of Primoris Services Corporation (NYSE: PRIM) about a class action securities lawsuit. The lawsuit seeks to recover losses for investors who purchased Primoris shares between August 5, 2025, and June 22, 2026, following disclosures of significant project challenges and a 22% stock price drop. Investors have until September 21, 2026, to apply for lead plaintiff status.
Primoris management to discuss Q2 results and outlook Aug. 5
Primoris Services Corporation (NYSE: PRIM) will report its second quarter 2026 financial results on Tuesday, August 4, 2026, after market close. Management will host a conference call and webcast on Wednesday, August 5, 2026, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time) to discuss these results and the company's business outlook. Interested parties can access the call via dial-in or webcast through the company's investor relations website.
Primoris Services director Terry McCallister buys $1,689 in stock
Primoris Services Corp director Terry McCallister purchased $1,689 worth of company stock on July 15, 2026, through a dividend reinvestment plan. This transaction increased his direct holdings to 21,144.0550 shares, with an additional 10,000 shares held indirectly through a trust. Despite the stock being down 42% over six months, InvestingPro suggests it is undervalued, and Primoris has consistently paid dividends for 19 years.
Primoris Services Corp (PRIM) director boosts stake through DRIP
Primoris Services Corp (PRIM) director Terry D. McCallister increased his stake by acquiring 19.501 common shares at $86.66 per share through a dividend reinvestment plan. Following this transaction, McCallister directly holds 21,144.055 shares and indirectly holds 10,000 shares via a trust. The acquisition was an automatic reinvestment of dividends and not a discretionary open-market purchase.
Primoris Services Corp 4 — Jul 17, 2026
This article reports an insider transaction (Form 3/4/5) for Primoris Services Corp (MLQ: PRIM) filed on July 17, 2026. The filing can be viewed on SEC.gov, with the source document served from SEC EDGAR. The platform also promotes a research report titled "The Power Delivery Gap."
Primoris Services Corp (PRIM) Shares Surge 4.0% -- What GF Score of 94 Tells Investors
Primoris Services Corp (PRIM) shares rose 4.0% today, reaching $88.63, despite a year-to-date decline of 28.5%. While the stock boasts a strong GF Score of 94/100, indicating robust financial metrics and growth potential, it is deemed 19.9% overvalued according to GuruFocus' GF Value estimate of $73.90. This overvaluation, coupled with recent insider selling totaling $6.2 million, suggests investors should exercise caution.
Needham Maintains Primoris Services(PRIM.US) With Buy Rating, Cuts Target Price to $172
Needham has reiterated its Buy rating for Primoris Services (PRIM.US) but has adjusted its price target downwards to $172. The article provides details on this analyst action.
Primoris Services Corp (PRIM) Shares Fall 3.2% -- GF Value Says Still Overvalued
Primoris Services Corp (PRIM) shares dropped by 3.2% to $86.60, currently deemed overvalued by GuruFocus's GF Value, which estimates a fair value of $73.91. Despite a strong GF Score of 94/100, driven by high growth and profitability, its valuation rank is 6/10. Furthermore, significant insider selling totaling $6.2 million over the last three months, with no corresponding buying, raises caution for investors.
Primoris Services Investigation Initiated: Levi & Korsinsky Investigates the Officers and Directors of Primoris Services (PRIM)
Levi & Korsinsky, LLP has initiated an investigation into Primoris Services Corporation (PRIM) following a significant cut in its full-year guidance. Shareholders experienced a loss of over 21.5% of their investment value after the company slashed its adjusted EBITDA projections from $480-$500 million to $275-$325 million, raising concerns about potential securities law violations. The investigation focuses on whether the company made misleading statements regarding its financial outlook, particularly given earlier, higher guidance and no recorded impairment to goodwill in Q1 2026, despite subsequent revelations of severe cost overruns on renewables projects.
