Primoris Services Corporation (NASDAQ:PRIM) is making headlines as Guggenheim upgrades the stock to a “Buy” rating, now setting a price target of $130. This reflects growing confidence in the company’s future performance within a competitive landscape.

Since the second-quarter 2025 earnings release, Primoris has seen a stock price surge of 22.8%. Factors driving this notable increase include heightened demand for data centers and successful debt reduction initiatives.

Currently trading at $112.77, the stock demonstrates significant growth potential amid a dynamic regulatory environment. The company’s solid financial foundations and growth outlook align with investor interests, prompting active market engagement.

Market participants should observe further developments, as the stock’s upward trend may present ripe opportunities for investment in the coming weeks.