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Investing.com - UBS raised its price target on Perimeter Solutions SA (NYSE:PRM) to $25.00 from $21.00 while maintaining a Buy rating on the stock. According to InvestingPro data, the company boasts a perfect Piotroski Score of 9, indicating strong financial health, with a current market capitalization of $3.1 billion.
The firm noted that early momentum in U.S. acres burned has diminished, with the 2025 U.S. fire season tracking approximately 45% below the 10-year average and down about 60% year-over-year.
Despite the reduced fire activity, UBS raised its third-quarter EBITDA estimate to $139 million, representing a 6% increase from its previous forecast, citing a more aggressive approach to wildfire management by U.S. agencies combined with improvements at Perimeter Solutions .
The investment bank increased its 2025 EBITDA estimate by 3% and lifted its 2026/2027 estimates by 8-10% based on a higher baseline, observing a decoupling of Perimeter’s EBITDA from acres burned over recent years.
UBS views this earnings stability as a positive factor justifying the stock’s continued re-rating and suggested that third-quarter earnings could serve as a positive catalyst for the shares.
In other recent news, Perimeter Solutions reported impressive financial results for the second quarter of 2025, significantly exceeding analyst expectations. The company’s earnings per share (EPS) reached $0.25, which was a substantial increase over the forecasted $0.06, resulting in a surprise of 316.67%. Revenue also surpassed projections, coming in at $162.6 million compared to the anticipated $101.2 million, marking a 60.68% surprise. These results indicate strong performance and have been positively received by investors. While the earnings and revenue figures highlight the company’s robust financial health, no major mergers or acquisitions were announced during this period. Additionally, there were no reports of analyst upgrades or downgrades for Perimeter Solutions. These developments reflect the company’s current standing and recent achievements.
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