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NASDAQ:PRIM 6 May 2026

Primoris Services Corporation Stock Crash: Why PRIM Shares Are Plunging After Q1 Earnings Miss

Primoris Services Corporation Stock Crash: Why PRIM Shares Are Plunging After Q1 Earnings Miss

Primoris Services shares plunged 49% Wednesday after missing Q1 earnings and lowering its 2026 profit outlook, citing cost overruns in renewable-energy projects. The stock traded at $102.54 midday, down $100.38. Q1 net income dropped to $17.4 million from $44.2 million a year earlier. Adjusted earnings of 59 cents a share and revenue of $1.56 billion both fell short of estimates.

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  • Emerson Electric Stock Price Target Raised by BMO Capital Markets
    May 9, 2026, 9:58 AM EDT. Emerson Electric (NYSE:EMR) saw its price target raised to $157 by BMO Capital Markets, suggesting an 11.19% upside from recent close. Several firms revised their outlook, including Stephens with a $155 target and Loop Capital lifting their target to $180 with a buy rating. The stock holds a consensus "Hold" rating with a $164.24 price target. EMR shares opened at $141.20 Friday, with a market cap of $79 billion and a P/E of 32.61. Its 52-week range is $112 to $165.15. The company reported Q1 earnings of $1.54 per share, slightly above estimates, with revenues of $4.56 billion. FY2026 EPS guidance is set between 6.45 and 6.55. Analysts expect 6.5 EPS for the fiscal year, reflecting steady growth for the industrial products firm.

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Micron Stock Rally: AI Memory Shortage Sends Market Value Past $850 Billion

Micron Stock Rally: AI Memory Shortage Sends Market Value Past $850 Billion

9 May 2026
Micron Technology jumped over 15% Friday to $746.81, pushing its market value near $853 billion, as investors bet on soaring AI data center demand. The company reported fiscal Q2 revenue nearly tripled to $23.86 billion and net income of $13.79 billion. Micron forecast Q3 revenue of $33.5 billion and expects 2026 capital spending above $25 billion. Sandisk also rose more than 16% on similar demand.
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