Quanta Services (NYSE:PWR) Updates FY 2026 Earnings Guidance

Quanta Services (NYSE:PWR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.650-13.350 for the period, compared to the consensus estimate of 11.980. The company issued revenue guidance of $33.3 billion-$33.8 billion, compared to the consensus revenue estimate of $31.2 billion.

Quanta Services Price Performance

Quanta Services stock opened at $552.59 on Friday. Quanta Services has a 12-month low of $227.08 and a 12-month high of $565.93. The company has a current ratio of 1.14, a quick ratio of 1.30 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average price of $464.58 and a 200-day moving average price of $433.72. The firm has a market capitalization of $82.40 billion, a PE ratio of 81.26, a price-to-earnings-growth ratio of 2.68 and a beta of 1.15.

Quanta Services (NYSE:PWR) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, equities research analysts forecast that Quanta Services will post 9.34 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on PWR shares. The Goldman Sachs Group set a $495.00 price objective on Quanta Services in a report on Monday, November 24th. Sanford C. Bernstein boosted their target price on shares of Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a research note on Monday, February 9th. UBS Group raised their price target on shares of Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research note on Friday. Argus set a $540.00 price objective on shares of Quanta Services in a research report on Friday, October 31st. Finally, Weiss Ratings raised shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $525.85.

Quanta Services News Roundup

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.

Institutional Trading of Quanta Services

A number of hedge funds have recently bought and sold shares of the stock. Select Equity Group L.P. increased its holdings in shares of Quanta Services by 69.3% in the 2nd quarter. Select Equity Group L.P. now owns 1,017,123 shares of the construction company’s stock valued at $384,554,000 after acquiring an additional 416,395 shares during the period. Wellington Management Group LLP grew its stake in Quanta Services by 226.2% in the fourth quarter. Wellington Management Group LLP now owns 338,771 shares of the construction company’s stock valued at $142,982,000 after purchasing an additional 234,928 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Quanta Services by 18.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,207,209 shares of the construction company’s stock worth $509,515,000 after purchasing an additional 191,135 shares in the last quarter. State Street Corp lifted its position in shares of Quanta Services by 2.1% during the fourth quarter. State Street Corp now owns 6,206,761 shares of the construction company’s stock valued at $2,619,626,000 after buying an additional 126,014 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Quanta Services by 4.9% in the 2nd quarter. Bank of America Corp DE now owns 2,150,718 shares of the construction company’s stock valued at $813,144,000 after buying an additional 99,782 shares in the last quarter. Hedge funds and other institutional investors own 90.49% of the company’s stock.

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.