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

Quanta Services (NYSE:PWR) had its price objective upped by UBS Group from $518.00 to $646.00 in a research note published on Friday, MarketBeat.com reports. They currently have a buy rating on the construction company’s stock.

Other equities analysts also recently issued reports about the company. Argus set a $540.00 price target on Quanta Services in a report on Friday, October 31st. Robert W. Baird increased their price objective on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research report on Friday. Weiss Ratings upgraded shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Stifel Nicolaus upped their target price on shares of Quanta Services from $495.00 to $517.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Finally, DA Davidson increased their price target on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $537.05.

Quanta Services Price Performance

Shares of NYSE PWR opened at $552.59 on Friday. The company has a 50 day simple moving average of $464.58 and a two-hundred day simple moving average of $434.36. Quanta Services has a fifty-two week low of $227.08 and a fifty-two week high of $565.93. The company has a market capitalization of $82.68 billion, a price-to-earnings ratio of 81.26, a P/E/G ratio of 2.68 and a beta of 1.15. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14.

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, 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 company had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the prior year, the business posted $2.94 EPS. The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Analysts expect that Quanta Services will post 9.34 EPS for the current fiscal year.

Hedge Funds Weigh In On Quanta Services

Several institutional investors have recently made changes to their positions in the business. Mediolanum International Funds Ltd increased its stake in Quanta Services by 15.5% in the 2nd quarter. Mediolanum International Funds Ltd now owns 33,158 shares of the construction company’s stock worth $12,642,000 after buying an additional 4,451 shares in the last quarter. Calamos Advisors LLC boosted its stake in shares of Quanta Services by 17.1% in the third quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock worth $43,680,000 after acquiring an additional 15,388 shares during the period. Chilton Capital Management LLC grew its position 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 worth $69,016,000 after purchasing an additional 64,560 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in Quanta Services by 59.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock valued at $18,397,000 after purchasing an additional 16,637 shares during the period. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. purchased a new position in Quanta Services in the 3rd quarter worth approximately $1,752,000. Institutional investors own 90.49% of the company’s stock.

Key Stories Impacting 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.