Quanta Services (NYSE:PWR) Issues FY 2026 Earnings Guidance

Quanta Services (NYSE:PWR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 12.650-13.350 for the period, compared to the consensus EPS estimate of 11.980. The company issued revenue guidance of $33.3 billion-$33.8 billion, compared to the consensus revenue estimate of $31.2 billion.

Analyst Upgrades and Downgrades

Several brokerages have commented on PWR. Sanford C. Bernstein upped their target price on shares of Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a research report on Monday, February 9th. Jefferies Financial Group cut their target price 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. Citigroup raised their target price on Quanta Services from $526.00 to $540.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Weiss Ratings raised Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Finally, Robert W. Baird set a $490.00 price objective on shares of Quanta Services in a research note on Friday, October 31st. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $464.15.

Quanta Services Stock Down 0.8%

Quanta Services stock opened at $520.97 on Thursday. Quanta Services has a twelve month low of $227.08 and a twelve month high of $543.28. The company has a quick ratio of 1.30, a current ratio of 1.34 and a debt-to-equity ratio of 0.66. The company has a 50 day moving average of $460.55 and a 200-day moving average of $431.77. The stock has a market capitalization of $77.69 billion, a PE ratio of 77.18, a price-to-earnings-growth ratio of 2.54 and a beta of 1.15.

Hedge Funds Weigh In On Quanta Services

A number of large investors have recently bought and sold shares of PWR. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services in the second quarter valued at approximately $26,000. Meeder Asset Management Inc. grew its position in Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after purchasing an additional 51 shares in the last quarter. Quarry LP acquired a new stake in Quanta Services in the 4th quarter valued at $40,000. Kemnay Advisory Services Inc. bought a new stake in Quanta Services during the 4th quarter worth about $44,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Quanta Services during the 3rd quarter worth about $49,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

About Quanta Services

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.