Sanford C. Bernstein Forecasts Strong Price Appreciation for Quanta Services (NYSE:PWR) Stock

Quanta Services (NYSE:PWR) had its price objective raised by analysts at Sanford C. Bernstein from $515.00 to $538.00 in a research report issued on Wednesday,MarketScreener reports. Sanford C. Bernstein’s price objective indicates a potential downside of 4.77% from the stock’s previous close.

Other analysts have also issued research reports about the company. Mizuho upped their target price on Quanta Services from $537.00 to $580.00 and gave the company a “neutral” rating in a report on Monday. UBS Group increased their price objective on shares of Quanta Services from $518.00 to $646.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Cantor Fitzgerald raised their target price on shares of Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Truist Financial reaffirmed a “buy” rating and issued a $643.00 price target (up from $548.00) on shares of Quanta Services in a report on Friday, February 20th. Finally, Evercore reiterated an “outperform” rating and issued a $604.00 price target on shares of Quanta Services in a research report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $592.32.

Quanta Services Price Performance

PWR traded up $15.92 on Wednesday, hitting $564.94. 712,936 shares of the company were exchanged, compared to its average volume of 1,138,640. Quanta Services has a fifty-two week low of $227.08 and a fifty-two week high of $583.73. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. The firm has a market capitalization of $84.53 billion, a P/E ratio of 83.08, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10. The business’s fifty day moving average is $533.11 and its 200 day moving average is $468.88.

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

Institutional Trading of Quanta Services

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Quanta Services during the fourth quarter worth $298,000. Woodline Partners LP lifted its position in Quanta Services by 40.7% during the first quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock worth $3,170,000 after buying an additional 3,606 shares during the period. XTX Topco Ltd boosted its stake in Quanta Services by 8.2% in the 2nd quarter. XTX Topco Ltd now owns 889 shares of the construction company’s stock worth $336,000 after buying an additional 67 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Quanta Services in the 2nd quarter valued at about $55,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Quanta Services by 18.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 14,375 shares of the construction company’s stock valued at $5,435,000 after acquiring an additional 2,286 shares during the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

More Quanta Services News

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

• Positive Sentiment: Analyst and thematic bullishness: coverage pieces and a rating upgrade frame Quanta as a key beneficiary of U.S. reindustrialization and infrastructure investment, boosting investor confidence. Quanta Services: Leading The Way For U.S. Reindustrialization (Rating Upgrade)
• Positive Sentiment: Data-center growth thesis: Zacks highlights Quanta’s pivot to data centers as a central growth engine driven by AI power needs; cites strong 2025 results ($28.5B revenue) and a record backlog near $44B—evidence of durable demand. Are Data Centers Becoming the Core Growth Engine for Quanta?
• Positive Sentiment: Analyst reinforcement: Mizuho and other analysts have voiced bullish expectations (one note explicitly says the stock is expected to rise), adding momentum to the rally. Quanta Services (NYSE:PWR) Stock Price Expected to Rise, Mizuho Analyst Says
• Positive Sentiment: Investor Day substance: the company hosted its 2026 Investor Day (slides + transcript available) providing strategic updates and long‑term financial targets that reinforce guidance and growth visibility—supporting a higher valuation multiple. Quanta Services, Inc. (PWR) Analyst/Investor Day Transcript Quanta Services, Inc. (PWR) Analyst/Investor Day – Slideshow
• Neutral Sentiment: Media coverage notes recent price gains but also that PWR has periodically underperformed broader indices; useful context for relative-performance investors but not a catalyst per se. Quanta Services (PWR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
• Neutral Sentiment: Investor-day logistics: the company promoted and webcast its Investor Day, increasing transparency but acting mainly as an informational event rather than an immediate operational change. Quanta Services to Host & Webcast its 2026 Investor Day

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.