Quanta Services (NYSE:PWR – Free Report) had its price objective lifted by JPMorgan Chase & Co. from $515.00 to $627.00 in a research report released on Friday,MarketScreener reports. The firm currently has an overweight rating on the construction company’s stock.
Other equities research analysts also recently issued research reports about the company. Weiss Ratings raised Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 12th. Jefferies Financial Group cut their price target 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. Wolfe Research upped their price objective on Quanta Services from $477.00 to $576.00 and gave the company an “outperform” rating in a research note on Friday. Robert W. Baird lifted their target price on shares of Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Bank of America boosted their target price on shares of Quanta Services from $500.00 to $610.00 and gave the stock a “buy” 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 data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $537.05.
Get Our Latest Stock Analysis on Quanta Services
Quanta Services Stock Performance
Quanta Services (NYSE:PWR – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating 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 net margin of 3.61% and a return on equity of 18.10%. The firm’s revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, analysts expect that Quanta Services will post 9.34 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Quanta Services
Large investors have recently modified their holdings of the company. Cedar Mountain Advisors LLC raised its holdings in shares of Quanta Services by 321.4% during 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 during the period. Darwin Wealth Management LLC acquired a new position in Quanta Services during the 2nd quarter worth approximately $26,000. Activest Wealth Management raised its stake in Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after buying an additional 32 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Quanta Services in the fourth quarter valued at approximately $28,000. Finally, Solstein Capital LLC grew its stake in Quanta Services by 185.7% in the second quarter. Solstein Capital LLC now owns 80 shares of the construction company’s stock valued at $30,000 after acquiring an additional 52 shares during the period. 90.49% of the stock is currently owned by institutional investors and hedge funds.
More Quanta Services News
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.
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