PPIHPPIHIndustrials · Building Products & Equipment

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

Last close, 8 Oct 2026
$31
−1.70% on the day

The 1 Wall Street analysts covering Perma-Pipe International Holdings, Inc. hold a median 12-month price target of $38 — +21.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 59 of 100 as at 8 Oct 2026 — in the upper half.

Market cap
$265.8M
Ticker Nerd rank
59 / 100
Median analyst target
$38
Analysts covering
1
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
1W
−0.5%
1M
+7.1%
YTD
+2.7%
1Y
+30.1%
From 52W high
−11.7%
From 52W low
+35.4%
$23
$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 8 Oct 2026
59 / 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
90
Momentum
75
Quality
74
Value
68
Size
64
Revisions
40
Accruals
33
Issuance
31
Volatility
10

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

Volatility (10): The share price moves around a lot.

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
$25$30$35$40Jan 26Apr 26Jul 26Oct 26PPIHHigh $38Median $38Low $38

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 $38Median $38High $38

The green dot is the last close — the median target sits +21.9% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
11 Sept 2026Freedom BrokerMaintainsBuy$30 → $38
16 Dec 2025Freedom BrokerMaintainsBuy—
16 Dec 2025Freedom BrokerMaintainsBuy$29 → $36
2 Oct 2025Freedom BrokerInitiatesBuy—

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.

Free, every Monday. Unsubscribe any time.

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 8 Oct 2026, Perma-Pipe International Holdings, Inc. returned +30.1% against +16.2% for the S&P 500, dividends included.

PPIH vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Jan 26Apr 26Jul 26Oct 26PPIHS&P 500

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
−28.0%
Analysts raising
0
Analysts cutting
1
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
17.1×

Cheaper than 42% of US stocks

Price / sales
1.2×

Cheaper than 65% of US stocks

Price / book
2.8×

Cheaper than 33% of US stocks

EV / EBITDA
9.1×

Cheaper than 41% of US stocks

Growth & margins
Revenue growth (YoY)
24.4%

Higher than 74% of US stocks

Earnings growth (YoY)
199.3%

Higher than 90% of US stocks

Gross margin
29.2%

Higher than 33% of US stocks

Operating margin
7.1%

Higher than 59% of US stocks

Net margin
6.9%

Higher than 64% of US stocks

Returns & dividend
Return on equity
19.1%

Higher than 80% of US stocks

Return on assets
8.1%

Higher than 88% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

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 $265.8M and an enterprise value of $304.5M.

  • 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: 17.1×; forward P/E: 12.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of 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 8 Oct 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
CompanyMarket capTKN rank
PPIHPerma-Pipe International Holdings, Inc.$265.8M
59
AIRJAirJoule Technologies Corp.$266.2M
19
AEHLAntelope Enterprise Holdings Ltd.$215.3M
2
JELDJELD-WEN Holding, Inc.$150.2M
24
JBIJanus International Group, Inc.$588.6M
42
LMBLimbach Holdings, Inc.$607.6M
50
CSTECaesarstone Ltd.$95.7M
45

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

Revisiting 2 Outperform Microcaps

Zacks Investment Research · 5 Oct 2026positive

Zacks Investment Research revisited Perma-Pipe International Holdings (PPIH) and Frieda Resources (FRD), both of which it rates as outperform microcaps. The piece notes that although the two stocks have already advanced, upside remains.

Why it matters — A Zacks revisit highlights PPIH as an outperforming microcap with continued upside potential, giving PPIH watchers an indication of ongoing analyst attention.

Perma-Pipe Trades at a Discount: Should You Buy, Sell or Hold?

Zacks Investment Research · 24 Sept 2026positive

Zacks Investment Research published an analysis of Perma-Pipe International Holdings, noting that the company benefits from sales growth, stronger cash flow, international expansion, and added financing flexibility, while highlighting that its shares trade at a discount.

Why it matters — The analysis outlines several business strengths driving PPIH's performance that current market valuation may not fully reflect, which is relevant for investors tracking the company.

PPIH's Q2 Earnings Rise Y/Y on Strong North America, MENA Sales

Zacks Investment Research · 15 Sept 2026positive

Perma-Pipe International Holdings reported improved fiscal Q2 earnings per share and sales year over year, driven by higher volumes in North America and the MENA region. The company also saw backlog growth and new awards, which support momentum despite some margin pressure.

Why it matters — A PPIH watcher would care because the report highlights year-over-year financial improvement and growing demand in key regions, along with a strengthening backlog that may signal continued sales momentum.

Perma-Pipe: Robust Growth And Strong Execution Lead To Virtuous Cycle

Seeking Alpha · 15 Sept 2026positive

Perma-Pipe International Holdings reported significant Q2-2026 improvements over the same quarter last year and robust financial gains over the past five years. The company is entering what is described as a virtuous cycle of growth, driven by engineered systems, district heating/cooling demand, and reinvestment, supported by secular tailwinds and multi-year service agreements.

Why it matters — A PPIH watcher would care because the article highlights strong execution, a compounding growth thesis, and expansion in the Middle East alongside recurring revenue from multi-year service agreements.

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.

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 $38, with estimates ranging from $38 to $38. 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. 59 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PPIH?

As at 8 Oct 2026, Perma-Pipe International Holdings, Inc. ranks 59 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 +21.9% from the last close, and Ticker Nerd's factor model ranks Perma-Pipe International Holdings, Inc. 59 out of 100 as at 8 Oct 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: $38 to $38 over the next 12 months.

How has PPIH stock performed over the past year?

Perma-Pipe International Holdings, Inc. returned +30.1% over the 12 months to 8 Oct 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 (Zacks Investment Research, 5 Oct 2026): "Revisiting 2 Outperform Microcaps". Zacks Investment Research revisited Perma-Pipe International Holdings (PPIH) and Frieda Resources (FRD), both of which it rates as outperform microcaps. The piece notes that although the two stocks have already advanced, upside remains.

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