PRIM

On June 22, 2026, Primoris announced a significant reduction to its 2026 financial forecast due to cost overruns and delays in its Renewables business, affecting six projects, which led to a 29.2% decline in its stock value and the departure of its Chief Operating Officer. Subsequently, a class-action lawsuit was filed against the company, alleging that it misled investors regarding project controls and execution of fixed-price renewable energy projects. The company reported Q2 2026 earnings on August 4, 2026, with an actual EPS of -0.450 USD, and Q1 2026 earnings on May 5, 2026, with an actual EPS of 0.320 USD. Its Annual General Meeting was held on April 30, 2026. As of September 9, 2026, the stock price was $73.85 per share, representing a 39.84% decline from $122.76 per share on September 11, 2025, and traded at $74.12 on September 23, 2026. The 52-week range for the stock has been between $65.00 and $205.50.