Jefferies Financial Group Issues Positive Forecast for Quanta Services (NYSE:PWR) Stock Price

Quanta Services (NYSE:PWR) had its price target raised by Jefferies Financial Group from $634.00 to $654.00 in a research note published on Thursday morning,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the construction company’s stock.

A number of other equities analysts have also recently commented on PWR. Evercore lifted their target price on shares of Quanta Services from $604.00 to $635.00 and gave the company an “outperform” rating in a report on Wednesday. Truist Financial reissued a “buy” rating and set a $643.00 price objective (up from $548.00) on shares of Quanta Services in a research report on Friday, February 20th. Argus upped their target price on shares of Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. 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. Finally, BMO Capital Markets upgraded Quanta Services from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $600.00 to $650.00 in a research report on Friday, March 27th. Eighteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $593.23.

Quanta Services Stock Up 0.2%

Shares of NYSE PWR opened at $561.15 on Thursday. The business has a 50-day moving average price of $536.73 and a 200 day moving average price of $470.16. The stock has a market cap of $83.96 billion, a PE ratio of 82.52, a price-to-earnings-growth ratio of 2.54 and a beta of 1.10. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.58. Quanta Services has a 52-week low of $227.08 and a 52-week high of $583.73.

Quanta Services (NYSE:PWR) last released 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. The company 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 18.10% and a net margin of 3.61%.The firm’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research analysts forecast that Quanta Services will post 9.34 earnings per share for the current year.

Quanta Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is 6.47%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC boosted its holdings in Quanta Services by 321.4% in the 4th 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. Darwin Wealth Management LLC purchased a new position in shares of Quanta Services during the 2nd quarter worth approximately $26,000. Activest Wealth Management lifted its holdings in shares of Quanta Services by 94.1% in 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 during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services in the 4th quarter valued at approximately $28,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of 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 buying an additional 49 shares in the last quarter. 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: Jefferies raised its price target to $654 and kept a “buy” rating, implying meaningful upside versus current levels — a direct positive catalyst for investor demand. Article Title
• Positive Sentiment: Evercore bumped its target to $635 and reiterated an “outperform” rating, reinforcing institutional optimism and supporting further upside. Article Title
• Positive Sentiment: Mizuho commentary flagged the stock as likely to rise, adding another buy‑side voice and helping demand for shares. Article Title
• Positive Sentiment: Zacks highlights Quanta’s push into data centers and AI‑related power work, citing strong 2025 results (revenues and a record ~$44B backlog) — a structural growth story that supports higher long‑term multiples. Article Title
• Positive Sentiment: Two bullish Seeking Alpha pieces frame Quanta as a multi‑year infrastructure/ reindustrialization opportunity, which can attract longer‑term momentum investors. Article Title Article Title
• Neutral Sentiment: The company’s Analyst/Investor Day transcript is available — useful for detail on strategy and execution but not an immediate price driver by itself. Article Title
• Negative Sentiment: Sanford C. Bernstein raised its target to $538, which remains below current market levels and could be cited by cautious investors or short‑term sellers as less bullish. Article Title

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.