Bullbit
Stock Market
Primoris Services Conference: Renewables Bookings Strong, But 2026 Revenue Seen Flat to Slightly Down
- What: Primoris Services reports strong renewables bookings but flat to slightly down 2026 revenue.
- Why: The company cites increased competition and project delays as reasons for the revenue outlook.
- Signal: Renewables bookings are up **$1.3 billion** year-over-year, indicating a growing market.
- Target: Primoris aims to maintain its market share in the renewables sector despite the revenue outlook.
- Risk: The company's revenue may be impacted by ongoing supply chain disruptions and inflation.