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Updated 1h ago
PRMB logo

Primo Brands CorporationNYSE:PRMB Stock Report

Market Cap US$7.4b
Updated 1h ago
Share Price
n/a
1Y-13.6%
7D-5.7%
1D0.9%
Portfolio Value
​
View

Primo Brands Corporation

NYSE:PRMB Stock Report

Market Cap: US$7.4b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Primo Brands (PRMB) Stock Overview

Operates as a branded beverage company in North America. More details

PRMB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends2/6

Rewards

Trading at 68.6% below our estimate of its fair value

Earnings are forecast to grow 68.18% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 46.3%

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.31% is not well covered by earnings

Large one-off items impacting financial results


PRMB Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
31.7% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Premium Capacity Expansion And Health Trends Will Support Long Term Earnings Recovery

65
0
4
AN
AnalystLowTarget
17.0% undervalued intrinsic discount
AnalystLowTarget
•21d ago

Healthy Hydration Demand And Synergies Will Support Steady Future Performance

33
1
0
AN
AnalystHighTarget
40.5% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Premium Hydration Demand And Synergy Savings Will Drive Major Long Term Upside

21
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
31.7% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Premium Capacity Expansion And Health Trends Will Support Long Term Earnings Recovery

65
0
4
AN
AnalystLowTarget
17.0% undervalued intrinsic discount
AnalystLowTarget
•21d ago

Healthy Hydration Demand And Synergies Will Support Steady Future Performance

33
1
0
AN
AnalystHighTarget
40.5% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Premium Hydration Demand And Synergy Savings Will Drive Major Long Term Upside

21
0
0
View all narratives

Primo Brands Corporation Competitors

Celsius Holdings

Symbol: NasdaqCM:CELH
Market cap: US$6.7b

Coca-Cola Consolidated

Symbol: NasdaqGS:COKE
Market cap: US$12.6b

Vita Coco Company

Symbol: NasdaqGS:COCO
Market cap: US$3.0b

National Beverage

Symbol: NasdaqGS:FIZZ
Market cap: US$2.9b

Price History & Performance

Summary of share price highs, lows and changes for Primo Brands
Historical stock prices
Current Share PriceUS$20.75
52 Week HighUS$26.21
52 Week LowUS$14.36
Beta0.71
1 Month Change-13.22%
3 Month Change-14.08%
1 Year Change-13.65%
3 Year Change40.68%
5 Year Change24.48%
Change since IPO348.65%

Recent News & Updates

Seeking Alpha • Sep 08

Primo Brands: Strong Q2 Confirms Bullish Thesis

Summary Primo Brands Corporation is rated BUY, leveraging robust 2Q26 results, improved operating leverage, and a compelling valuation discount. PRMB raised 2026 sales guidance to +2–4% growth, driven by premium brand momentum and higher-margin direct sales outperforming expectations. Operational efficiencies, including delivery route optimization and internal driver hiring, have expanded EBITDA margins and enhanced free cash flow trends. Recent share price weakness from a major institutional sell-off presents a buying opportunity, with PRMB trading at a 28% EV/EBITDA discount to its peak. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 21

PRMB: Leadership Changes And Buybacks Will Support Measured Multiple Reassessment

Primo Brands' fair value estimate has been raised from $22.00 to $25.00, as analysts factor in updated assumptions for revenue growth, profit margins and future P/E multiples that align with a series of higher Street price targets in the $29 to $35 range. Analyst Commentary Recent Street research on Primo Brands has centered on how current trading levels compare with updated price targets in the high US$20s to mid US$30s.

Recent updates

Seeking Alpha • Sep 08

Primo Brands: Strong Q2 Confirms Bullish Thesis

Summary Primo Brands Corporation is rated BUY, leveraging robust 2Q26 results, improved operating leverage, and a compelling valuation discount. PRMB raised 2026 sales guidance to +2–4% growth, driven by premium brand momentum and higher-margin direct sales outperforming expectations. Operational efficiencies, including delivery route optimization and internal driver hiring, have expanded EBITDA margins and enhanced free cash flow trends. Recent share price weakness from a major institutional sell-off presents a buying opportunity, with PRMB trading at a 28% EV/EBITDA discount to its peak. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 21

PRMB: Leadership Changes And Buybacks Will Support Measured Multiple Reassessment

Primo Brands' fair value estimate has been raised from $22.00 to $25.00, as analysts factor in updated assumptions for revenue growth, profit margins and future P/E multiples that align with a series of higher Street price targets in the $29 to $35 range. Analyst Commentary Recent Street research on Primo Brands has centered on how current trading levels compare with updated price targets in the high US$20s to mid US$30s.
User avatar
Narrative Update • Aug 07

PRMB: Q2 Beat And Buyback Activity Are Expected To Support Repricing

Primo Brands sees its analyst price target move from $28.09 to $30.36, with analysts pointing to updated expectations for revenue growth, profit margins, and valuation multiples following recent Q2 results and research updates. Analyst Commentary Recent Street research on Primo Brands clusters around higher price targets following the Q2 update, but there are still clear areas that analysts want to see the company execute on.
User avatar
Narrative Update • Jul 24

PRMB: Buyback Completion And Q2 Setup Will Support Bullish Repricing

Analysts have lifted their price target on Primo Brands to $29 from $26, citing a more constructive setup heading into the Q2 report and updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Primo Brands disclosed that from January 1, 2026 to March 31, 2026, the company repurchased 1,539,175 shares for US$29 million, representing 0.42% of its shares under the existing buyback program.
User avatar
Narrative Update • Jul 10

PRMB: Leadership Restructuring And Buybacks Expected To Support Measured Future Upside

Analysts have lifted their price target for Primo Brands from $18.00 to $22.00, citing updated assumptions for revenue growth, profit margins, and future P/E. These updates feed into a higher fair value estimate despite a slightly higher discount rate.
User avatar
Narrative Update • Jun 26

PRMB: Buyback Momentum Will Support Stronger Margins And Future Returns

Analysts have reduced their price target on Primo Brands to $34.85 from $40.78, citing updated assumptions that combine a higher discount rate with expectations for stronger revenue growth, wider profit margins, and a lower future P/E multiple. What's in the News for Primo Brands Primo Brands reported that from January 1, 2026 to March 31, 2026, it repurchased 1,539,175 shares, representing 0.42% of shares, for a total of $29 million under its ongoing buyback program.
Analysis Article • Jan 07

Returns On Capital At Primo Brands (NYSE:PRMB) Have Hit The Brakes

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article • Nov 11

Primo Brands Corporation (NYSE:PRMB) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

To the annoyance of some shareholders, Primo Brands Corporation ( NYSE:PRMB ) shares are down a considerable 28% in the...
Analysis Article • Oct 19

Primo Brands (NYSE:PRMB) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha • Mar 18

Primo Brands: Management Has A Lot Of Work Ahead Of Them

Summary Primo Brands Corporation reported Q4 sales of $1.4B, up 28.7%, but missed consensus estimates by $180M, with non-GAAP EPS at $0.13, missing by $0.05. Gross margins improved to 31.4%, but operating margins fell to 7% due to acquisition costs, resulting in a GAAP loss for the year. The company's cash position improved post-merger, but high debt and interest expenses remain concerns; cost-cutting initiatives are expected to improve financial health. Management projects $300M in synergy savings by 2026, but sales growth is projected at a modest 3-5%; debt reduction and operational improvements are crucial. Read the full article on Seeking Alpha

Shareholder Returns

PRMBUS BeverageUS Market
7D-5.7%-2.1%-2.2%
1Y-13.6%13.3%13.1%

Return vs Industry: PRMB underperformed the US Beverage industry which returned 13.3% over the past year.

Return vs Market: PRMB underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is PRMB's price volatile compared to industry and market?
PRMB volatility
PRMB Average Weekly Movement5.5%
Beverage Industry Average Movement5.2%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: PRMB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PRMB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a12,000Eric Fosswww.primobrands.com

Primo Brands Corporation operates as a branded beverage company in North America. It offers bottle water solutions and water filtration services; and premium spring and sparkling water, purified water, self-service refill drinking water, flavored and enhanced beverages, water dispensers, and filtration equipment. The company has a portfolio of packaged branded beverages under the Poland Spring, Pure Life, Saratoga, Mountain Valley, Arrowhead, Deer Park, Ice Mountain, Ozarka, and Zephyrhills brands; purified brands, including Primo Water and Sparkletts; and flavored and enhanced brands, such as AC+ION and Splash Refresher.

Primo Brands Corporation Fundamentals Summary

How do Primo Brands's earnings and revenue compare to its market cap?
PRMB fundamental statistics
Market capUS$7.45b
Earnings (TTM)US$111.70m
Revenue (TTM)US$6.74b
67.3x
P/E Ratio
1.1x
P/S Ratio

Is PRMB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRMB income statement (TTM)
RevenueUS$6.74b
Cost of RevenueUS$4.67b
Gross ProfitUS$2.07b
Other ExpensesUS$1.96b
EarningsUS$111.70m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin30.75%
Net Profit Margin1.66%
Debt/Equity Ratio173.0%

How did PRMB perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
144%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 21:37
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Primo Brands Corporation is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lauren LiebermanBarclays
Andrew StrelzikBMO Capital Markets Equity Research
Peter GalboBofA Global Research

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