Primoris Services Corporation (PRIM) Securities Investigation Notice - Levi & Korsinsky
Primoris' third-quarter 2026 revenue fell 10.4% year over year and missed consensus estimates, and PRIM shares moved lower as the market reacted to the shortfall. The investigation concerns potential securities law violations connected to the quarter's results.
NEW YORK, Nov. 12, 2026 /PRNewswire/ -- Primoris Services Corporation (NYSE: PRIM) shares fell after the Company's third-quarter 2026 results showed revenue down 10.4% year over year and below Wall Street consensus estimates. If you bought PRIM and the stock now trades below what you paid, this investigation concerns your losses. Shareholders who lost money on PRIM are encouraged to submit their loss information today. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The miss went beyond revenue. Net income and operating income also declined from the prior-year quarter. One year earlier, Primoris reported third-quarter revenue of nearly $2.2 billion.
The shortfall was concentrated in the Energy/renewables segment. Delayed project starts, slower work releases, and cost overruns on challenged projects reduced both revenue and margins. Approximately $450 million of revenue has now been deferred beyond 2026.
Levi & Korsinsky is investigating potential securities law violations following the third-quarter miss and the decline in PRIM stock. Investors who sold at a loss after the report may be affected, as may those still holding shares bought at higher prices.
Lost money when PRIM missed? Find out whether you may be able to recover your losses or call Joseph E. Levi, Esq. at (212) 363-7500.
ABOUT THE FIRM -- For over two decades, Levi & Korsinsky has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the PRIM Investigation
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Primoris Services Corporation made materially false or misleading statements regarding its revenue performance and the execution of projects in its Energy/renewables business. When the Company disclosed third-quarter 2026 revenue down 10.4% year over year and below consensus estimates, the stock price declined.
Q: When did Primoris allegedly mislead investors?A: The investigation concerns statements made before the corrective disclosure that allegedly caused investors to purchase securities at inflated prices.
Q: Who is eligible to participate in the PRIM investigation?A: Investors who purchased PRIM stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do PRIM investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my PRIM shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PRIM and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
Tel: (212) 363-7500
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE Levi & Korsinsky, LLP
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