Sanford C. Bernstein Boosts Quanta Services (NYSE:PWR) Price Target to $538.00

Quanta Services (NYSE:PWR) had its price target increased by equities researchers 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 points to a potential downside of 4.12% from the stock’s current price.

A number of other brokerages also recently weighed in on PWR. Argus lifted their price target on Quanta Services from $540.00 to $650.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Bank of America raised their price objective on Quanta Services from $500.00 to $610.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Citigroup lifted their target price on Quanta Services from $540.00 to $640.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Robert W. Baird upped their target price on Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, TD Cowen raised their price target on shares of Quanta Services from $425.00 to $570.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Eighteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Quanta Services presently has an average rating of “Moderate Buy” and an average price target of $593.23.

Quanta Services Stock Up 0.2%

PWR stock opened at $561.15 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.09. The firm has a market capitalization of $83.96 billion, a P/E ratio of 82.52, a P/E/G ratio of 2.54 and a beta of 1.10. Quanta Services has a 52-week low of $227.08 and a 52-week high of $583.73. The company’s 50 day simple moving average is $536.73 and its 200-day simple moving average is $470.16.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. During the same quarter last year, the business posted $2.94 EPS. The company’s 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, equities research analysts anticipate that Quanta Services will post 9.34 EPS for the current year.

Institutional Investors Weigh In On Quanta Services

Large investors have recently made changes to their positions in the company. Cedar Mountain Advisors LLC lifted its stake in Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after acquiring an additional 45 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in Quanta Services in the second quarter worth $26,000. Activest Wealth Management raised its holdings in Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services in the fourth quarter worth about $28,000. Finally, Cornerstone Planning Group LLC increased its holdings in shares of Quanta Services by 213.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after acquiring an additional 49 shares during the last quarter. 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: 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.