Quanta Services (NYSE:PWR) Price Target Raised to $646.00

Quanta Services (NYSE:PWR) had its price target upped by investment analysts at UBS Group from $518.00 to $646.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the construction company’s stock. UBS Group’s price objective would suggest a potential upside of 16.04% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group set a $495.00 price objective on shares of Quanta Services in a research note on Monday, November 24th. Roth Mkm restated a “buy” rating and set a $600.00 price objective on shares of Quanta Services in a research report on Friday. Mizuho set a $415.00 target price on shares of Quanta Services in a research report on Tuesday, October 28th. Evercore restated an “outperform” rating and issued a $604.00 price target on shares of Quanta Services in a research report on Friday. Finally, Jefferies Financial Group dropped their price objective on Quanta Services from $517.00 to $506.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Quanta Services presently has an average rating of “Moderate Buy” and an average price target of $520.85.

Quanta Services Price Performance

Shares of NYSE:PWR traded up $2.72 during trading on Friday, hitting $556.72. 318,778 shares of the company were exchanged, compared to its average volume of 1,084,461. The company has a quick ratio of 1.30, a current ratio of 1.34 and a debt-to-equity ratio of 0.66. Quanta Services has a 1-year low of $227.08 and a 1-year high of $565.93. The company has a market capitalization of $83.02 billion, a P/E ratio of 82.48, a price-to-earnings-growth ratio of 2.52 and a beta of 1.15. The business’s 50 day moving average is $462.27 and its 200-day moving average is $432.61.

Quanta Services (NYSE:PWR) last announced its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a return on equity of 18.74% and a net margin of 3.74%.The business’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period last year, the firm posted $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities analysts forecast that Quanta Services will post 9.34 earnings per share for the current year.

Institutional Investors Weigh In On Quanta Services

Institutional investors have recently added to or reduced their stakes in the business. Mediolanum International Funds Ltd increased its holdings in Quanta Services by 15.5% during the 2nd quarter. Mediolanum International Funds Ltd now owns 33,158 shares of the construction company’s stock worth $12,642,000 after purchasing an additional 4,451 shares during the period. Calamos Advisors LLC lifted its holdings in shares of Quanta Services by 17.1% in the 3rd quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock worth $43,680,000 after buying an additional 15,388 shares during the period. Chilton Capital Management LLC increased its stake in shares of Quanta Services by 63.3% during the third quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock valued at $69,016,000 after buying an additional 64,560 shares during the period. Exchange Traded Concepts LLC increased its stake in shares of Quanta Services by 59.9% during the third quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock valued at $18,397,000 after buying an additional 16,637 shares during the period. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new stake in shares of Quanta Services in the third quarter valued at about $1,752,000. 90.49% of the stock is owned by hedge funds and other institutional investors.

Key Quanta Services News

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Q4 results beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16, beating estimates, and reported year‑end total backlog near $44B (record levels), improving revenue visibility and supporting faster growth expectations. PR Newswire: Q4 and full-year 2025 results
• Positive Sentiment: Aggressive FY‑2026 guidance — management raised FY‑2026 guidance to adjusted EPS $12.65–$13.35 and revenue $33.25–$33.75B, above consensus, implying >20% EPS growth and reinforcing the growth narrative. Guidance in PR Newswire release
• Positive Sentiment: Analyst upgrade/price‑target increase — Truist reaffirmed its Buy and raised its price target to $643 (from $548), signaling continued street confidence and adding upside to current levels. The Fly: Truist price target raise
• Positive Sentiment: Management tone and M&A tuck‑ins support electric growth — Earnings call emphasized accelerating demand in Electric Infrastructure, recent targeted tuck‑in acquisitions, and confidence in large‑load and utility programs. This underpins the revenue/gross‑margin outlook. TipRanks: Earnings call highlights
• Neutral Sentiment: Wide media coverage and call transcripts — Multiple transcripts and analysis pieces (Seeking Alpha, Zacks, Investing.com) provide detail for investors to model sensitivity to backlog conversion and segment mix; useful but not new directional catalysts. Seeking Alpha transcript
• Negative Sentiment: Insider selling and large institutional reallocations — Reports show multiple insider sales and significant reductions by some large funds (e.g., UBS removed a sizable position), which can be viewed as a caution for near‑term flows despite other institutional buying. Quiver: insider & institutional activity
• Negative Sentiment: High valuation — PWR is trading at an elevated trailing PE (~82.6) vs. history and peers, which raises execution risk if growth or margin assumptions slip; the stock may be more sensitive to any guidance shortfall. Zacks coverage

Quanta Services Company Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.