Quanta Services (NYSE:PWR) Price Target Raised to $627.00

Quanta Services (NYSE:PWR) had its price target increased by JPMorgan Chase & Co. from $515.00 to $627.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has an “overweight” rating on the construction company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 13.47% from the company’s previous close.

PWR has been the topic of a number of other research reports. Truist Financial reaffirmed a “buy” rating and issued a $643.00 price target (up previously from $548.00) on shares of Quanta Services in a report on Friday. Cantor Fitzgerald raised their target price on Quanta Services from $520.00 to $630.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group upped their price target on Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a research report on Friday. Evercore reissued an “outperform” rating and issued a $604.00 price objective on shares of Quanta Services in a report on Friday. Finally, DA Davidson upped their price objective on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a report on Friday. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $537.05.

Quanta Services Stock Down 0.3%

Shares of NYSE:PWR opened at $552.59 on Friday. 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 $82.40 billion, a PE ratio of 81.26, a price-to-earnings-growth ratio of 2.68 and a beta of 1.15. The business has a fifty day moving average price of $464.58 and a two-hundred day moving average price of $434.03. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.30.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Analysts forecast that Quanta Services will post 9.34 earnings per share for the current year.

Institutional Investors Weigh In On Quanta Services

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cedar Mountain Advisors LLC raised its stake in Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. Activest Wealth Management raised its position in shares of Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Quanta Services during the 4th quarter worth $28,000. Darwin Wealth Management LLC purchased a new position in Quanta Services in the second quarter worth $26,000. Finally, Cornerstone Planning Group LLC increased its stake in Quanta Services by 213.0% in the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after acquiring an additional 49 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
• Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
• Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
• Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
• Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.

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.