PPIHIndustrials · Building Products & Equipment

PPIH Stock Forecast: Perma-Pipe International Holdings, Inc. Price Predictions for 2026-2027

Last close, 11 Sept 2026

$31

+5.24% on the day

The 1 Wall Street analysts covering Perma-Pipe International Holdings, Inc. hold a median 12-month price target of $32 — +3.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 64 of 100 as at 12 Sept 2026 — in the upper half.

Market cap

$251.2M

Ticker Nerd rank

64 / 100

Median analyst target

$32

Analysts covering

Revenue$59.6M+24.4% y/y

Operating income$4.3M

Net income$3.3M

Free cash flow$5.3M

Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown

Total return, dividends reinvested

+12.1%

+17.9%

YTD

+1.8%

−2.8%

From 52W high

−12.4%

From 52W low

+37.8%

$22

$35

52-week range, adjusted closes · the dot is the last close

Ticker Nerd rank

PPIH stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Perma-Pipe International Holdings, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 12 Sept 2026

64 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth

Quality

Value

Momentum

Size

Volatility

Revisions

Accruals

Issuance

Growth (90): Sales and profits are climbing, and climbing faster than before.

Issuance (31): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PPIH stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PPIH, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says1 analysts

1 Buy0 Hold0 Sell

Low $32Median $32High $32

The green dot is the last close — the median target sits +3.5% from it.

Recent analyst actionsNewest first

Date	Firm	Action	Rating	Target
11 Sept 2026	Freedom Broker	Maintains	Buy	$30 → $38
16 Dec 2025	Freedom Broker	Maintains	Buy	$29 → $36
2 Oct 2025	Freedom Broker	Initiates	Buy	—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PPIH appears on the weeks it earns a place.

Performance

PPIH vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Perma-Pipe International Holdings, Inc. returned −2.8% against +17.5% for the S&P 500, dividends included.

PPIH vs S&P 500, last 12 monthsTotal return, rebased to 100

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

PPIH analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year

EPS revision, 90 days

+22.7%

Analysts raising

Analysts cutting

Fundamentals

Perma-Pipe International Holdings, Inc. (PPIH) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation

Trailing P/E: 16.3×
Price / sales: 1.1×
Price / book: 2.7×
EV / EBITDA: 8.7×

Growth & margins

Revenue growth (YoY): 24.4%
Earnings growth (YoY): 199.3%
Gross margin: 29.2%
Operating margin: 7.1%
Net margin: 6.9%

Returns & dividend

Return on equity: 19.1%
Return on assets: 8.1%
Dividend yield: —

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Perma-Pipe International Holdings, Inc. (PPIH) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

Perma-Pipe International Holdings, Inc. has a market value of $251.2M and an enterprise value of $292.1M.
Revenue in the twelve months to 31 July 2026: $226.1M. The latest quarter grew 24.4% year on year.
Net income over the same four quarters: $19.4M, a 8.6% net margin.
Diluted earnings per share, trailing twelve months: $1.90.
Free cash flow in the twelve months to 31 July 2026: $13.6M, after $10.2M of capital spending.
Shares outstanding: 8.2M.
Trailing P/E: 16.3×; forward P/E: 12.3× — the forward figure prices analyst consensus estimates, not reported earnings.
Perma-Pipe International Holdings, Inc. employs 909 people — $249K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 13 Sept 2026

Data provided by Twelve Data

Peers

PPIH vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBuilding Products & Equipment

Company	Market cap	TKN rank
PPIHPerma-Pipe International Holdings, Inc.	$251.2M	64
AIRJAirJoule Technologies Corp.	$308.7M	22
JELDJELD-WEN Holding, Inc.	$177.8M	24
JLHLJulong Holding Ltd.	$130.6M	12
CSTECaesarstone Ltd.	$110.2M	43
LMBLimbach Holdings, Inc.	$602.2M	51
JBIJanus International Group, Inc.	$637.2M	40

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Perma-Pipe International Holdings, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PPIH news & analysis

Perma-Pipe International Holdings, Inc. (PPIH) Q2 2027 Earnings Call Transcript

Seeking Alpha · 9 Sept 2026neutral

Perma-Pipe International Holdings, Inc. (PPIH) held its Q2 2027 earnings call, and a transcript of the proceedings has been published on Seeking Alpha. The company discussed its second-quarter 2027 financial results during the call.

Why it matters — PPIH watchers would care because the quarterly earnings call transcript provides management's direct commentary on the company's recent financial performance and outlook.

Perma-Pipe International Q2 Earnings Call Highlights

MarketBeat · 9 Sept 2026positive

Perma-Pipe International reported higher second-quarter fiscal 2026 sales and earnings, driven by increased volumes in its Middle East and North Africa and North American operations. The company also expanded production capacity and added financing flexibility to support future growth initiatives.

Why it matters — PPIH watchers would care because the report indicates rising sales and earnings alongside expanded capacity and financing flexibility for future growth.

Perma-Pipe International Holdings, Inc. Announces Second Quarter Fiscal 2026 Financial Results

Business Wire · 9 Sept 2026positive

Perma-Pipe International Holdings, Inc. announced its financial results for the second quarter of fiscal 2026, which ended July 31, 2026. Management noted that the quarter reflected continued commercial momentum and fundamental strength in its end markets.

Why it matters — The announcement provides PPIH watchers with the company's latest quarterly financial performance and management's commentary on market conditions.

Perma-Pipe and Welspun Announce Memorandum of Understanding to Establish Pipe Manufacturing and Coating Facilities in Jordan

Business Wire · 1 Sept 2026neutral

Perma-Pipe International Holdings and Welspun Corp Limited announced the signing of a Memorandum of Understanding with the developers of Jordan's National Water Carrier Project and the Government to establish pipe manufacturing and coating facilities in Jordan. The agreement was announced via Business Wire from The Woodlands, Texas.

Why it matters — This MOU signals a potential expansion for Perma-Pipe into Jordan's national water infrastructure project, which could broaden its manufacturing footprint and market reach.

Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million

Business Wire · 27 Aug 2026positive

Perma-Pipe International Holdings announced the closing of a new global credit facility with J.P. Morgan, consisting of a $75.0 million revolving credit facility and a $14.0 million term loan facility, with access to an additional $50.0 million in incremental capacity, for a total of up to $139 million.

Why it matters — The new credit facility provides Perma-Pipe with expanded liquidity and financing capacity that could support its global operations and growth initiatives.

FAQ

Frequently asked questions about PPIH stock

What is the PPIH stock price forecast for 2026-2027?

The 1 Wall Street analysts covering Perma-Pipe International Holdings, Inc. have a median 12-month price target of $32, with estimates ranging from $32 to $32. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PPIH stock a buy right now?

Of the 1 analysts covering Perma-Pipe International Holdings, Inc., 1 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Perma-Pipe International Holdings, Inc. 64 out of 100 across roughly 4,600 US stocks as at 12 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PPIH?

As at 12 Sept 2026, Perma-Pipe International Holdings, Inc. ranks 64 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (90 of 100).

Will PPIH stock go up?

No one can know that. What the data says: the median 12-month target from 1 analysts implies +3.5% from the last close, and Ticker Nerd's factor model ranks Perma-Pipe International Holdings, Inc. 64 out of 100 as at 12 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PPIH stock forecast for 2030?

No analyst covering Perma-Pipe International Holdings, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PPIH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $32 to $32 over the next 12 months.

How has PPIH stock performed over the past year?

Perma-Pipe International Holdings, Inc. returned -2.8% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Perma-Pipe International Holdings, Inc. do?

Perma-Pipe International Holdings, Inc. is a global engineered pipe services company focused on specialty piping and leak detection systems.

What is the latest news on PPIH?

The most recent item we track (Seeking Alpha, 9 Sept 2026): "Perma-Pipe International Holdings, Inc. (PPIH) Q2 2027 Earnings Call Transcript". Perma-Pipe International Holdings, Inc. (PPIH) held its Q2 2027 earnings call, and a transcript of the proceedings has been published on Seeking Alpha. The company discussed its second-quarter 2027 financial results during the call.

Company

About Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc. is a global engineered pipe services company focused on specialty piping and leak detection systems. Perma-Pipe International Holdings, Inc. designs, engineers, manufactures, and sells pre-insulated and jacketed piping solutions used in district heating and cooling networks, oil and gas gathering and transmission lines, and systems that transport chemicals, hazardous fluids, and petroleum products. The company also provides primary and secondary containment piping, anti-corrosion coatings for steel pipe and fittings, custom fabrication, engineering support, technical services, and field service. Its offerings are used across infrastructure, energy, industrial, and related process applications where safe transport, thermal efficiency, containment, and corrosion protection are important. Through its integrated product and service portfolio, Perma-Pipe International Holdings, Inc. serves customers seeking specialized piping solutions for demanding operating environments.

CEO Mr. Saleh Sagr · 909 employees · United States · https://www.permapipe.com